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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:** ['By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell across the board on Thursday, as investors\' appetite for riskier currencies grew as they bet the Federal Reserve is done raising interest rates after holding them steady in the previous session. The Fed left interest rates unchanged on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint. Investors, however, are increasingly convinced a peak in U.S. interest rates has been reached, with Fed funds futures sticking with a sub-20% chance that rates will rise in December. That view helped boost investors\' risk appetite on Thursday, helping lift equities and high-yielding assets such as commodity and emerging market currencies. Brad Bechtel, global head of FX at Jefferies in New York, said the Fed is probably finished hiking rates, but he could see the rationale for tightening one more time given the still-resilient U.S. economy. "But at the same time, everyone is looking at a slowdown and inflation is going in the right direction," Bechtel said. "We can kind of debate whether they would hike another 25 (basis points) or not. It doesn\'t matter. The broader theme is that the Fed is pretty much near the peak." The dollar index, which measures the currency\'s strength against a basket of six rivals, was 0.3% lower at 106.14. "Markets were not pricing in any further tightening before yesterday so nothing changes there. But at the margin, a bit more conviction around the next move being a cut may be emerging," Shaun Osborne, chief currency strategist at Scotia Bank, said in a note. Sterling, meanwhile, rose after the Bank of England kept rates at a 15-year high and stressed that it did not expect to start cutting them any time soon. The pound rose as much as 0.6% against the dollar to $1.2225, its highest level in 1-1/2 weeks after the BoE voted 6-3 to hold rates steady at 5.25%, while ruling out rate cuts anytime soon. Sterling was last up 0.4% at $1.2201. Story continues The Australian dollar, often used as a proxy for risk appetite, jumped 0.54% on Thursday, while the New Zealand dollar rose 0.8%. Norway\'s central bank also left its benchmark rate unchanged, as widely expected, but said it would likely raise borrowing costs next month unless inflation showed a continued decline. The dollar was 0.2% lower against the Norwegian crown to 11.16. Against the yen, the dollar fell 0.3% to 150.44, off a one-year high touched earlier this week. The yen has been struggling for traction, even as the Bank of Japan on Tuesday made another relaxation of its yield curve control policy. A fall to a one-year low of 151.74 per dollar and 15-year low of 160.83 per euro after the BoJ\'s announcement had traders on watch for possible intervention to prop up the currency. Kazuo Ueda, the central bank\'s governor, will continue to dismantle its ultra-loose monetary policy and look to exit the decade-long accommodative regime sometime next year, sources told Reuters. Bitcoin, slipped 1.7% to $34,836, after hitting an 18-month high of $35,968 earlier in the session. (Reporting by Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed in New York and Samuel Indyk in London; Additional reporting by Danilo Masoni in Milan, Rae Wee in Singapore, and Stella Qiu in Sydney; Editing by Alexander Smith and Susan Fenton)', "Participants Jessica P. Ross; Senior VP & CFO; Frontdoor, Inc. Matthew S. Davis; VP of IR & Treasurer; Frontdoor, Inc. William C. Cobb; Chairman of the Board & CEO; Frontdoor, Inc. Brian Nicholas Fitzgerald; Senior Analyst; Wells Fargo Securities, LLC, Research Division Daniel Brian Pfeiffer; Research Analyst; JPMorgan Chase & Co, Research Division Eric James Sheridan; Research Analyst; Goldman Sachs Group, Inc., Research Division Ian Alton Zaffino; MD & Senior Analyst; Oppenheimer & Co. Inc., Research Division Mark Douglas Hughes; MD; Truist Securities, Inc., Research Division Sergio Roberto Segura; Associate; KeyBanc Capital Markets Inc., Research Division Presentation Operator Ladies and gentlemen, welcome to Frontdoor's Third Quarter 2023 Earnings Call. Today's call is being recorded and broadcast on the Internet. Beginning today's call is Matt Davis, Vice President of Investor Relations and Treasurer, and he will introduce the other speakers on the call. At this time, we'll begin today's call. Please go ahead, Mr. Davis. Matthew S. Davis Thank you, operator. Good morning, everyone, and thank you for joining Frontdoor's Third Quarter 2020 Earnings Conference Call. Joining me today are frontdoor's Chairman and Chief Executive Officer, Bill Cobb, and Frontdoor's Chief Financial Officer, Jessica Ross. The press release and slide presentation that will be used during today's call can be found on the Investor Relations section of Frontdoor's website, which is located at investors.frontdoorhome.com. There is also additional information about our Frontdoor brand at frontdoor.com and in our new mobile app that you can download in the App Store and at Google Play. As stated on Slide 3 of the presentation, I'd like to remind you that this call and webcast may contain forward-looking statements. These statements are subject to various risks and uncertainties, which could cause actual results to differ materially from those discussed here today. These risk factors are explained in detail in the company's filings with the SEC. Please refer to the Risk sections and our filings for a more detailed discussion of our forward-looking statements and the risks and uncertainties related to such statements. All forward-looking statements are made as of today, November 1, and except as required by law, the company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. We will also reference certain non-GAAP financial measures throughout today's call. We have included definitions of these terms and reconciliations of these non-GAAP financial measures to their most comparable GAAP financial measures in our press release and the appendix to the presentation in order to better assist you in understanding our financial performance. I will now turn the call over to Bill Cobb for opening comments. Bill? Story continues William C. Cobb Thanks, Matt, and what a quarter? We crushed it. It was just over a year ago when Frontdoor was experiencing some of the lowest margins ever as a result of an extremely challenging macroeconomic environment. Our team responded to these challenges and took decisive action to improve the business. Fast forward a year, and we have had an exceptional turnaround in our financial performance. Third quarter revenue increased 8% to $524 million, and our gross margin has rebounded 760 basis points to 51%. This drove a $48 million increase in adjusted EBITDA to a record high for a quarter of $128 million. Given these results, we are raising our full year outlook for revenue, adjusted EBITDA and share repurchases for the second time this year. While things continue to fall our way, we have also done a lot of smart things to drive process improvements, which are contributing to better margins. Jessica will describe these in more detail shortly. The key message is we expect the benefit of these process improvement initiatives and cost trends to largely continue into next year. Now I want to highlight an important point. At our Investor Day in March, we laid out a target of $2 billion in revenue and at least $300 million in adjusted EBITDA for 2025. We have already surpassed our adjusted EBITDA target, and we are working extremely hard to close the gap on our revenue objectives between now and then. I believe Frontdoor is an extremely compelling investment. And while I don't normally comment on our share price, I want to call out our current valuation, which is at one of the lowest points in the last 5 years. This is truly an inflection point for Frontdoor. And while some of this is market driven, we are taking advantage of this opportunity to increase our 2023 share repurchase target to $125 million. Now turning to Slide 5. We want to clarify the difference between our 2 brands. Let me be clear right up front. The American Home Shield brand will continue to focus on selling home warranties, while the Frontdoor brand will now evolve to selling on-demand home services. You can think about American Home Shield as our 12-month home warranty contract and front door as our pay-as-you-go model. It is our current assessment that the home warranty category is both undifferentiated and a bit stale, and we strongly believe that we have an opportunity to create new license American Home Shield through a brand relaunch in 2024. We want to celebrate what our home warranty can offer. As our consumer research shows there are still millions of homeowners who are naturally inclined to buy our products because they want that financial protection and peace of mind for when home systems and appliances inevitably break. Now moving to Slide 6 and our direct-to-consumer channel. Let me be clear, we are keenly aware of the drop in our customer count as part of a larger category trend, but let me assure you that it is our top priority to turn that around. The current macroeconomic environment has resulted in a pullback in consumer demand for home warranties. In the near term and prior to our rebrand early next year, we will be tactical with our approach. We will continue to utilize our discounting strategy, which is evolving to maximize demand conversion. And in the fourth quarter, we are increasing the actual marketing spend behind our American Home Shield brands to drive brand awareness. In the long term, our strategy is grounded in relaunching the American Home Shield brand to unlock the full potential of home warranties. I strongly 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: 2023-11-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $690,813,680,625 - Hash Rate: 447130946.6720681 - Transaction Count: 403541.0 - Unique Addresses: 806444.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Value-focused investors continuously seek stocks priced below their intrinsic value. Riot Platforms Inc ( NASDAQ:RIOT ), currently priced at $10.95, having recorded a 3.78% loss in a day and a 3-month increase of 3.46%, merits attention. The GF Value indicates a fair valuation of $18.03 for the stock. However, a more in-depth analysis reveals risk factors that could make Riot Platforms a potential value trap. Understanding the GF Value Warning! GuruFocus has detected 5 Warning Signs with RIOT. Click here to check it out. RIOT 30-Year Financial Data The intrinsic value of RIOT The GF Value represents the current intrinsic value of a stock derived from our exclusive method. It is calculated based on historical multiples that the stock has traded at, GuruFocus adjustment factor based on the company's past returns and growth, and future estimates of the business performance. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. Conversely, if it is significantly below the GF Value Line, its future return will likely be higher. Is Riot Platforms (RIOT) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap Identifying the Risks Despite its seemingly attractive valuation, certain risk factors associated with Riot Platforms should not be ignored. These risks are primarily reflected through its low Beneish M-Score of -1.42 that exceeds -1.78, the threshold for potential earnings manipulation. These indicators suggest that Riot Platforms, despite its apparent undervaluation, might be a potential value trap. Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment. Is Riot Platforms (RIOT) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap Financial Analysis: Unpacking the Beneish M-Score Developed by Professor Messod Beneish, the Beneish M-Score is based on eight financial variables that reflect different aspects of a company's financial performance and position. Let's delve into some of these variables to understand the financial health of Riot Platforms. Story continues The days sales outstanding (DSO) is an important financial metric that denotes the average time a company takes to collect payment after a sale is completed. Looking at the historical data from the past three years (2021: 0.20; 2022: 0.24; 2023: 0.19), there appears to be a rising trend in Riot Platforms's DSO. A rising DSO figure warrants scrutiny as it can signal financial distress or questionable accounting practices within the company. The Gross Margin index tracks the evolution of a company's gross profit as a proportion of its revenue. By examining the past three years of Riot Platforms's historical data (2021: 63.25; 2022: 49.59; 2023: 11.55), we find that its Gross Margin has contracted by 7.43%. Such a contraction in the gross margin can negatively impact the company's profitability. The asset quality ratio, calculated as Total Long-term Assets minus Property, Plant, and Equipment , divided by Total Assets , gauges the proportion of intangible or less tangible assets within a company's asset structure. Analyzing Riot Platforms's asset quality ratio over the past three years (2021: 0.52; 2022: 0.11; 2023: 0.12), an increase might signal underlying issues, such as capitalizing normal operating expenses or goodwill impairment. The Year-Over-Year (YoY) change in Revenue calculates the percentage difference in sales between the previous year and the current year. Delving into Riot Platforms's revenue data over the past three years (2021: 65.30; 2022: 308.43; 2023: 256.41), it's apparent that there has been a significant surge in revenue in the last 12 months, with a rise of 372.33 %. Is Riot Platforms (RIOT) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap The change in Depreciation, Depletion, and Amortization (DDA) reflects the rate at which a company's assets lose value over time. Analyzing Riot Platforms's DDA data over the past three years (2021: 11.36; 2022: 52.77; 2023: 210.83), a decreasing rate might be a cause for concern. Conclusion: A Potential Value Trap? Despite its seemingly attractive valuation, the financial analysis reveals several risk factors that could make Riot Platforms a potential value trap. Therefore, investors should exercise caution and conduct thorough due diligence before making investment decisions. To find out the high-quality companies that may deliver above-average returns, please check out GuruFocus High Quality Low Capex Screener. This article first appeared on GuruFocus .... - Reddit Posts (Sample): [['u/SpaceToadD', 'What happens at 42,069?', 93, '2023-11-02 00:42', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/', 'My wet dream is that Gary Gensler waits until bitcoin hits $42,069 and then approves all of the spot ETFs at once and tweets “Fuck you bitches I’ve been a Maxi this entire time, wooooo!!!” And then does a keg stand for 60 seconds on live TV.\n\nIt doesn’t have to be a full 60 seconds, but I’m hoping he can at least break 20…', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/', '17lptu6', [['u/obsidience', 23, '2023-11-02 01:52', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/k7g1h02/', "Lmao, take me upvote - but I sort of believe he's a maxi too.", '17lptu6'], ['u/chillwellcfc1900', 47, '2023-11-02 04:31', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/k7gnmge/', '42,069 then 69,420 in 3 seconds', '17lptu6'], ['u/kuzkokronk', 15, '2023-11-02 05:42', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/k7gvbq2/', "He's totally a maxi. He wants to ban all shitcoins as unregistered securities and declare bitcoin the one true cryptocurrency.", '17lptu6'], ['u/thisispedro4real', 10, '2023-11-02 06:35', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/k7h02d9/', "i don't know, if he's a maxi, but shitcoins ARE unregistered securities and it's his job to sue and jail these scammers..", '17lptu6'], ['u/Bitcoin_Maximalist', 19, '2023-11-02 09:55', 'https://www.reddit.com/r/Bitcoin/comments/17lptu6/what_happens_at_42069/k7hejef/', '> 42,069 then 69,420 in 69 seconds', '17lptu6']]], ['u/Spiget94', 'Bitcoin up 1000 after close, hits 52-week highs', 38, '2023-11-02 00:42', 'https://www.reddit.com/r/ThePPShow/comments/17lpu0w/bitcoin_up_1000_after_close_hits_52week_highs/', 'Not sure what it means, or if it means anything at all, but for some reason my PP hurts', 'https://www.reddit.com/r/ThePPShow/comments/17lpu0w/bitcoin_up_1000_after_close_hits_52week_highs/', '17lpu0w', [['u/wtribe', 11, '2023-11-02 00:46', 'https://www.reddit.com/r/ThePPShow/comments/17lpu0w/bitcoin_up_1000_after_close_hits_52week_highs/k7fro6q/', 'Think you might just have a std lol', '17lpu0w'], ['u/ByeByeShorters', 16, '2023-11-02 01:16', 'https://www.reddit.com/r/ThePPShow/comments/17lpu0w/bitcoin_up_1000_after_close_hits_52week_highs/k7fw5sf/', 'crypto.... doesnt.... close?', '17lpu0w']]], ['u/Frogolocalypse', 'PSA: Be prepared for many deep retracements.', 118, '2023-11-02 01:04', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/', "In 2019, just over four years ago, bitcoin went on a run from its low of ~$3350 to a high of ~$11550 on June 29, 2019. That peak was still about 33% off its ATH. Many people, like me, were surprised that bitcoin was advancing so much before the halving. Once it reached that high in June 2019, it proceeded to drop to ~$5400, which is more than a 50% retracement, and didn't reach that price it had reached in June again until August 2020, over a year later.\n\nDon't get too invested in these movements. It may turn out great. It may not. Bitcoin isn't about these short-term price movements. If you're not prepared for a 50% retracement, or more, from the price it is today, you haven't really understood the risk profile. If you DCA, it shouldn't make any difference, as the strategy is based upon a belief that it will advance over multi-year timelines. Again, it might not. But many people that FOMO see a 50% retracement and sell at the loss. There's no better way to become a buttcoiner than to do that.\n\nGo into this with open eyes. Don't buy more than you can afford to lose. Don't buy it if you're not prepared for that eventuality, or there's a good chance you'll end up burned.", 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/', '17lqbfb', [['u/bitsteiner', 70, '2023-11-02 01:06', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/k7fun9o/', 'No one knows, just DCA and hodl.', '17lqbfb'], ['u/analogOnly', 33, '2023-11-02 01:09', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/k7fv51b/', "This is a solid post. Anyone whose been in since 2017 or longer generally knows how this works by now. It's all the new people who get in, freak out, and sell at a loss. Everyone who has experienced in this market has been taken for wild rides and held on because they know bitcoin is a VERY different type of asset. It's volatility is no joke, you either believe in it and HODL with diamond hands, or you get burned.", '17lqbfb'], ['u/Dependent-Fan7704', 53, '2023-11-02 01:34', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/k7fytr9/', 'Have no idea wtf I am doing but I purchase 50 dollars worth of bitcoin every week', '17lqbfb'], ['u/JONNYQUE5T', 10, '2023-11-02 03:18', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/k7ge17r/', 'Future you will thank present you for this.', '17lqbfb'], ['u/esotericunicornz', 19, '2023-11-02 05:36', 'https://www.reddit.com/r/Bitcoin/comments/17lqbfb/psa_be_prepared_for_many_deep_retracements/k7gupq5/', 'Always the “don’t buy more than you can afford to lose” lol.\n\nI buy what I can’t afford to lose (to inflation, confiscation, collapse).', '17lqbfb']]], ['u/SenatorSmeagol2020', "Remember the GameSTop Short? That but Except this time you can't print more bitcoin LOL", 205, '2023-11-02 01:33', 'https://www.reddit.com/r/Bitcoin/comments/17lqyhx/remember_the_gamestop_short_that_but_except_this/', 'So at the end of the day IF the SEC approves the Bitcoin ETF\'s no one actually knows what will happen next, people are throwing all sorts of price predictions from 100k per coin to millions per coin...\n\n​\n\nThis is the one part that is VERY interesting. The ETF will require the institution to hold the underlying bitcoin, so more ETF buying = more bitcoin buying since they will need to go onto the exchanges and buy the BTC to package into the ETF. In the case of previous massive bull runs like Tesla or GameStop if the demand was extremely high the companies did a stock split and diluted the shares (created more shares), which is basically what happens with fiat USD when the FED prints tons of money. In the case of Bitcoin that can\'t happen, theirs no way to print more bitcoin.\n\nSo with that in mind, if we look at how much bitcoin is actually available on exchanges to purchase.. its barely 1 million coins. The price per coin isn\'t set at the TOTAL number of coins, because the total number of coins aren\'t for sale, its set at the margin, ie what is actually available to purchase. It won\'t take a lot of money to move this market into the 200k+ per coin. Especially if the craze kicks in and no one is selling their coins. \n\n​\n\nThat\'s why I\'m telling people DO NOT SELL during this bull market, wait 5 years to see how this plays out. Imagine buying TESLA at 2 dollars in the early days just to sell at 20 and thinking you did good.. little did you know it was going to 200+. \n\n​\n\nYour thinking should be , I want to build a portfolio that builds wealth, I do that by buying things of value and holding them, I only sell if I have a more productive idea to use that value/capital with. If your selling just to convert back to dollars this early in the game well I think you will deeply regret it in 5 years. \n\n​\n\nAs someone who works in finance, it is WILD too see Larry Fink the head of the largest asset managements company "blackrock" say he\'s bullish on bitcoin, its a flight to safety, digital gold etc etc... honestly I cannot stress how INSANE that is to hear coming out of this mans mouth. Like its a tectonic shift in thinking from him and the larger institution he represents. The wall street wolves are here my friends. The days of the average person buying BTC are numbered.\n\n​\n\nTo close this mini think piece. People are un-able to view the world outside of their own reality . Rich people cannot understand the reality of working class people and vice versa . So let me try to explain the reality of the rich, theirs not alot of assets available to them that preserve their wealth. You can\'t keep your millions in dollars because inflation will eat it alive, so you pour it into real estate , some into gold, the rest into stocks/bonds. The latter three all have major downsides. Real estate the property taxes are massive and the run costs huge, insurance a bitch , not easy to liquidate. Gold is decent, low return, not really portable , gold mins can always produce more gold. Lastly we have stocks... S&p 500 has historically return 9\'ish% , and lets say we take the govs inflation numbers currently at 7% even tho its probably 10% or higher, thats a 2-3% return... \n\nFor reference, in the last 10 years, the average annual return of Bitcoin is 71% LOL thats INSANE!!! \n\nBitcoin people don\'t get how wild that number is for wall street types. You\'d be a hero on wall street if you can get a 20% return on average over 10 years hahaha and bitcoin is strutting around with a cool 71%\n\n​\n\nso where do you put your money.....Bitcoin...\n\n​\n\nThis is a new asset class to store value, and EVERYONE is going to want a piece of it. Stake your SATS boys... \n\n​\n\n​\n\n​', 'https://www.reddit.com/r/Bitcoin/comments/17lqyhx/remember_the_gamestop_short_that_but_except_this/', '17lqyhx', [['u/Umpire_State_Bldg', 20, '2023-11-02 01:39', 'https://www.reddit.com/r/Bitcoin/comments/17lqyhx/remember_the_gamestop_short_that_but_except_this/k7fzm0v/', 'You trust Wall st. \n\nYou believe in the government regulators fairy tale.\n\n​\n\nI shake my head slowly.', '17lqyhx'], ['u/Silver_Information69', 37, '2023... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook\nSINGAPORE, Nov 3 (Reuters) - Stocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes.\nU.S. jobs data due later in the day is the next major focus.\nBenchmark 10-year Treasury yields are down more than 20 basis points in two sessions since the U.S. Federal Reserve left rates on hold on Wednesday and Chair Jerome Powell said risks to the outlook for rates settings was balanced.\nCash Treasuries were untraded in Asia as markets were closed in Tokyo due to a holiday, and 10-year futures held recent gains to imply yields were steady at 4.67%. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.9%.\nS&P 500 futures were 0.1% lower, weighed by a 3% fall for Apple shares in post-market trade after the tech giant\'s sales forecast fell short of expectations.\nWorld stocks are up 4.2% for the week so far, their largest weekly rise since November 2022.\n"Markets have become increasingly confident that rates in the U.S. have now peaked," said ANZ analysts in a note.\n"As logical as that is ... Powell did warn that for higher bond yields to forestall another hike, they\'d need to stay high, so markets can\'t have their proverbial cake and eat it too."\nThe U.S. Treasury department had also said on Wednesday that it would sell less longer-dated debt at auction than had been expected and a softer-than-forecast manufacturing survey helped reinforce bets that no further hikes are necessary.\nOn Thursday, the Bank of England also left interest rates on hold and stressed it did not expect to cut them any time soon.\nTen-year gilts had their sharpest rally in more than a month, sending yields almost 12 basis points lower to 4.39%. Ten-year German bund yields also fell on Thursday, though only by 4.6 bps to 2.71%.\n"It felt like there were a decent chunk of investors waiting on the sidelines and ready to play lower yields and yesterday removed a couple of potential stumbling blocks to enacting that view," said Rabobank analysts.\nPAYROLLS LOOM\nIn foreign exchange markets the Australian dollar is leading gains among G10 currencies this week after a third-quarter inflation surprise had traders betting on a rate hike from the Reserve Bank of Australia (RBA) on Tuesday.\nAustralian retail sales stumbled in the September quarter, with sales-per-person posting the largest annual drop on record, data on Friday showed.\nThe Australian dollar is up 1.5% to $0.6430 and has broken above its 50-day moving average. The New Zealand dollar is not far behind with a 1.4% gain to $0.5892.\n"Money markets are more than fully priced for another RBA hike by Q1, eye-catching in the G10. So the Aussie has a degree of support from RBA expectations that it has rarely had since the pandemic," said Westpac analyst Sean Callow.\n"(But) a run at $0.65 is likely to require either a notably weak U.S. jobs report or a hawkish hike from the RBA."\nEconomists polled by Reuters expect the U.S. to have added 180,000 jobs in October.\nThe worst performing G10 currencies for the week have been the havens of Japanese yen and the Swiss franc as investors have sought out riskier assets.\nThe Bank of Japan will continue to dismantle its ultra-easy monetary policy next year, six sources familiar with the BOJ\'s thinking told Reuters, though the slow progress has been cold comfort for a yen weighed down by Japan\'s low interest rates.\nIt traded at 150.44 per dollar on Friday. Brent crude futures are 4% lower on the week to $86.80 a barrel. Gold is down 1% at $1,983 an ounce.\nBitcoin has surged 15% with the mood and looks to be reviving momentum that had collapsed along with exchange FTX in 2022. FTX founder Sam Bankman-Fried was found guilty of stealing from customers on Thursday. Bitcoin bought $34,600.\n(Reporting by Tom Westbrook; Editing by Jacqueline Wong)', 'By Tom Westbrook SINGAPORE, Nov 3 (Reuters) - Stocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes. U.S. jobs data due later in the day is the next major focus. Benchmark 10-year Treasury yields are down more than 20 basis points in two sessions since the U.S. Federal Reserve left rates on hold on Wednesday and Chair Jerome Powell said risks to the outlook for rates settings was balanced. Cash Treasuries were untraded in Asia as markets were closed in Tokyo due to a holiday, and 10-year futures held recent gains to imply yields were steady at 4.67%. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.9%. S&P 500 futures were 0.1% lower, weighed by a 3% fall for Apple shares in post-market trade after the tech giant\'s sales forecast fell short of expectations. World stocks are up 4.2% for the week so far, their largest weekly rise since November 2022. "Markets have become increasingly confident that rates in the U.S. have now peaked," said ANZ analysts in a note. "As logical as that is ... Powell did warn that for higher bond yields to forestall another hike, they\'d need to stay high, so markets can\'t have their proverbial cake and eat it too." The U.S. Treasury department had also said on Wednesday that it would sell less longer-dated debt at auction than had been expected and a softer-than-forecast manufacturing survey helped reinforce bets that no further hikes are necessary. On Thursday, the Bank of England also left interest rates on hold and stressed it did not expect to cut them any time soon. Ten-year gilts had their sharpest rally in more than a month, sending yields almost 12 basis points lower to 4.39%. Ten-year German bund yields also fell on Thursday, though only by 4.6 bps to 2.71%. "It felt like there were a decent chunk of investors waiting on the sidelines and ready to play lower yields and yesterday removed a couple of potential stumbling blocks to enacting that view," said Rabobank analysts. PAYROLLS LOOM In foreign exchange markets the Australian dollar is leading gains among G10 currencies this week after a third-quarter inflation surprise had traders betting on a rate hike from the Reserve Bank of Australia (RBA) on Tuesday. Australian retail sales stumbled in the September quarter, with sales-per-person posting the largest annual drop on record, data on Friday showed. The Australian dollar is up 1.5% to $0.6430 and has broken above its 50-day moving average. The New Zealand dollar is not far behind with a 1.4% gain to $0.5892. Story continues "Money markets are more than fully priced for another RBA hike by Q1, eye-catching in the G10. So the Aussie has a degree of support from RBA expectations that it has rarely had since the pandemic," said Westpac analyst Sean Callow. "(But) a run at $0.65 is likely to require either a notably weak U.S. jobs report or a hawkish hike from the RBA." Economists polled by Reuters expect the U.S. to have added 180,000 jobs in October. The worst performing G10 currencies for the week have been the havens of Japanese yen and the Swiss franc as investors have sought out riskier assets. The Bank of Japan will continue to dismantle its ultra-easy monetary policy next year, six sources familiar with the BOJ\'s thinking told Reuters, though the slow progress has been cold comfort for a yen weighed down by Japan\'s low interest rates. It traded at 150.44 per dollar on Friday. Brent crude futures are 4% lower on the week to $86.80 a barrel. Gold is down 1% at $1,983 an ounce. Bitcoin has surged 15% with the mood and looks to be reviving momentum that had collapsed along with exchange FTX in 2022. FTX founder Sam Bankman-Fried was found guilty of stealing from customers on Thursday. Bitcoin bought $34,600. (Reporting by Tom Westbrook; Editing by Jacqueline Wong) View comments', "TokenCoin is the first certified cloud mining company and holds a UK license SAN DIEGO, CALIFORNIA --News Direct-- Prodigy Press Wire TokenCoin, a US-registered cloud crypto mining company, is changing the investment landscape by offering a unique blend of stable and risky investment options. With its advanced algorithms ensuring high mining efficiency, TokenCoin allows users to mine Bitcoin in less time and receive high rewards. The platform is the first certified cloud mining company and holds a UK license, further ensuring the safety and security of users' personal information and transactions with SSL protection. TokenCoin simplifies the onboarding process, allowing users to start their cryptocurrency mining journey with a minimum initial deposit. After signing up, users can immediately start mining Bitcoin, thereby democratizing the mining landscape. The platform also offers daily yields on cloud hash contracts and multiple withdrawal methods. Recognizing the industry's volatility, TokenCoin ensures flexibility by allowing users to exit the cloud mining sector at any time. For those eager to venture into cloud mining, TokenCoin provides easy-to-follow steps. Interested users must first select TokenCoin as their cloud mining provider and sign up to create a new account. The platform then offers various mining contract options, each with a unique ROI and specific contract period. Users can unlock more passive income by participating in TokenCoin's affiliate program, which offers unlimited earning potential through referrals. Investors have unparalleled flexibility and control over their financial future with TokenCoin's investment options. A stable investment strategy allows for guaranteed returns within specific timeframes. For instance, a $100 investment can yield $200 in less than 90 days. On the flip side, risk investments offer speculative rewards for those willing to embrace calculated risks. An investment of $3,000 could yield no less than $6,000 in just 60 days, for example. Story continues How it works? Creating a TokenCoin account and earning rewards only takes a few minutes **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $672,500,481,769 - Hash Rate: 422290338.52361983 - Transaction Count: 452354.0 - Unique Addresses: 789502.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • If you're a Venmo customer and looking for a Mastercard to tap into your account balance, the Venmo Debit Card might be a good fit. • You can earn cash back through limited-time offers at participating merchants that's automatically added to your balance, as well as withdraw cash at more than 37,000 ATMs in the U.S.. • But you can't use it outside the U.S. or to pay at international merchants, which means a traditional cash back debit card could be a better everyday choice. Since its 2009 launch, Venmo has become one of themost popular mobile payment appsin the United States. The app — which lets users pay one another with linked credit cards, debit cards, bank accounts or account balances — began offering a Mastercard debit card in 2018. It’s called the Venmo Debit Card today. Unlike traditional debit cards that pull from a linked bank account, the purchases you make with the Venmo Debit Card are charged to your account balance (though you still need a linked bank account to transfer funds into that balance). Issued by the Bancorp Bank, the Venmo Debit Card allows you to withdraw cash from ATMs for free as long as it’s at aMoneyPass® ATMin the U.S. ATMs outside of the MoneyPass network charge $2.50 for each withdrawal. Venmo Rewardsis the official rewards program for the Venmo Debit Card that launched in October 2019. With the help of Dosh — the third-party cash back platform that manages Venmo Rewards — the Venmo Debit Card offers instant cash back rewards for making purchases with the card at participating merchants. Whenever you make an eligible purchase, your rewards are automatically deposited into your Venmo balance. Merchant offers are available for a limited time, and they can be viewed within the Venmo app. Unfortunately, there’s no way to see these offers unless you have the Venmo Debit Card. In the past, Venmo has offered 5 percent cash back for purchases at places like Target, Wendy’s and Sephora. Cash back amounts vary by offer, and there may be limits on the amount of cash back you can earn. Under the Mastercard network, purchases made with the Venmo Debit Card are covered by zero liability protection, meaning you aren’t responsible for unauthorized transactions. With Mastercard Global Service, you can report a lost or stolen card and receive an emergency replacement. Mastercard ID Theft Protection monitors your credit file and alerts you to suspicious activity as long as you activate it. And if you lose your card and then find it, you also have the ability to disable or enable your card within the Venmo app. Venmo offers its own set of protections as well. Under the Protected Purchase Program, purchases made at authorized merchants using the Venmo Debit Card are covered in full (plus shipping costs) in certain circumstances, including if you did not receive the item or if the item does not match its original description. The Venmo Debit Card isn’t the only debit card to offer its users rewards for their spending. For example, there’s the Discover Cashback Debit forDiscover checking customers, which earns 1 percent cash back on up to $3,000 in purchases each month. Then there’s Venmo’s competitor,Cash App(formerly Square Cash), which released a Visa debit card, Cash Card, in May 2017 — just over a year before Venmo did. Cash App’s Cash Card is tied to users’ balances and also offers a rewards program. In the past, Cash Card’s rewards were unofficially reported to include 10 percent cash back at Whole Foods, Burger King and Petco. Both Venmo and Cash App set limits on card usage. The Venmo Debit Card comes with a daily purchase limit of $3,000, which is significantly lower than the Cash Card’s $7,000 limit a day. Other terms apply, so carefully read the fine print before signing up. If your main goal is to earn rewards for your purchases, acash back debit cardmay better suit your needs. Most rewards credit card options, including ones with no annual fees, provide upfront information on how and where you can earn rewards, meaning that you can choose a card based on how and where you spend. Note that the Venmo Debit Card can’t be used outside of the United States or for online purchases with international merchants. If you’re interested in the Venmo Debit Card, but travel abroad often, have alternative payment options on hand. Even if you’re a frequent user of Venmo, the rewards potential of the Venmo Debit Card isn’t much compared to that of a rewards credit card. Though, as of 2022, Venmo also offers theVenmo Credit Card, a co-branded credit card with Synchrony Bank, which comes with no annual fee and offers a higher cash back rate on select category purchases. With the Venmo Credit Card, you’ll earn 3 percent cash back on your top eligible spending category, 2 percent back on your next top eligible spending category and 1 percent back on all other purchases. The card also includes a “purchase crypto” feature, which allows you to purchase cryptocurrencies like Bitcoin with your cash back — an option that could be appealing to the crypto curious. If you’d rather not use a credit card for your spending, and if you’d prefer using Venmo over a bank debit card, then the Venmo Debit Card may be a good option for you. Its integration with the Venmo app is convenient, and it offers the chance to earn cash back along with withdrawals at more than 37,000 MoneyPass locations in the U.S. But you can’t use the Venmo Debit Card outside of the U.S. or for purchases with international merchants. And if you want to earn more robust rewards on your purchases, you might be happier with any of thetop rewards credit cardson the market. Information about the Venmo Debit Card and Venmo Credit Card is collected independently by Bankrate. Card details have not been reviewed or approved by the card issuer.... - 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:** ['Spencer Platt/Getty Images US stocks jumped on Friday after a Goldilocks jobs report took pressure off of interest rates. The US economy added 150,000 jobs in October, shy of the estimated 180,000. The unemployment rate ticked up to 3.9% from 3.8%, and wage growth slowed. US stocks surged on Friday, extending their week-long rally to 6%, after the October payrolls report showed some easing in the labor market that could give the Federal Reserve more breathing room on monetary policy. The weekly gain registered by the S&P 500 and Nasdaq 100 represented the largest weekly jump of the year. The addition of 150,000 jobs last month was shy of the 180,000 economists were expecting, with nearly all of the miss being driven by strikes at the Big Three automakers. The unemployment rate ticked higher to 3.9% from 3.8%, and wage growth cooled to its lowest since 2021. The data took pressure off of interest rates, and the Fed, as evidenced by the 10-year US Treasury yield falling as much as 17 basis points to just under 4.5%, a far cry from the 5% level just over a week ago. "The good news here is that the slowdown will likely keep the Fed on the sidelines going forward. One of their key concerns has been an overheated economy, especially after last quarter\'s GDP growth, and this suggests that problem is going away. Slower growth is still growth, and this jobs report is still in the sweet spot," Brad McMillan, CIO for Commonwealth Financial Network, said. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,367.61, up 1.15% Dow Jones Industrial Average : 34,061.32, up 0.8% (+270.43 points) Nasdaq Composite : 13,478.28, up 1.38% Here\'s what else happened today: Apple reported fourth-quarter earnings on Thursday. Bright spots included its Services business and iPhone 15 sales, while investors were concerned about its China business and a marked slowdown in Mac sales. Warren Buffett\'s go-to stock market valuation gauge is ringing alarm bells for one of Wall Street\'s biggest bears, John Hussman. Amazon founder Jeff Bezos said he\'s moving to Miami from Seattle to be closer to his parents and the operations of his space company Blue Origins. The founder of the market\'s most famous recession indicator says the Fed overdid it with rate hikes and a downturn is still coming. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil fell 1.71% to $81.05 a barrel. Brent crude , the international benchmark, dropped 1.75% to $85.33 a barrel. Gold edged up 0.31% to $1,999.70 per ounce. The 10-year Treasury yield fell 14 basis points to 4.53%. Bitcoin fell 0.34% to $34,574. Read the original article on Business Insider', '• US stocks jumped on Friday after a Goldilocks jobs report took pressure off of interest rates.\n• The US economy added 150,000 jobs in October, shy of the estimated 180,000.\n• The unemployment rate ticked up to 3.9% from 3.8%, and wage growth slowed.\nUS stocks surged on Friday, extending their week-long rally to 6%, after the October payrolls report showed some easing in the labor market that could give the Federal Reserve more breathing room on monetary policy.\nThe weekly gain registered by theS&P 500andNasdaq 100represented the largest weekly jump of the year.\nThe addition of 150,000 jobs last month was shy of the 180,000 economists were expecting, with nearly all of the miss being driven by strikes at the Big Three automakers. The unemployment rate ticked higher to 3.9% from 3.8%, and wage growth cooled to its lowest since 2021.\nThe data took pressure off of interest rates, and the Fed, as evidenced by the 10-year US Treasury yield falling as much as 17 basis points to just under 4.5%, a far cry from the 5% level just over a week ago.\n"The good news here is that the slowdown will likely keep the Fed on the sidelines going forward. One of their key concerns has been an overheated economy, especially after last quarter\'s GDP growth, and this suggests that problem is going away. Slower growth is still growth, and this jobs report is still in the sweet spot," Brad McMillan, CIO for Commonwealth Financial Network, said.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,367.61, up 1.15%\n• Dow Jones Industrial Average:34,061.32, up 0.8% (+270.43 points)\n• Nasdaq Composite:13,478.28, up 1.38%\nHere\'s what else happened today:\n• Apple reported fourth-quarter earnings on Thursday.Bright spots included its Services business and iPhone 15 sales, while investors were concerned about its China business and a marked slowdown in Mac sales.\n• Warren Buffett\'s go-to stock market valuation gaugeis ringing alarm bells for one of Wall Street\'s biggest bears, John Hussman.\n• Amazon founder Jeff Bezos said he\'s moving to Miami from Seattleto be closer to his parents and the operations of his space company Blue Origins.\n• The founder of the market\'s most famous recession indicatorsays the Fed overdid it with rate hikes and a downturn is still coming.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil fell 1.71% to $81.05 a barrel.Brent crude, the international benchmark, dropped 1.75% to $85.33 a barrel.\n• Goldedged up 0.31% to $1,999.70 per ounce.\n• The 10-year Treasury yield fell 14 basis points to 4.53%.\n• Bitcoinfell 0.34% to $34,574.\nRead the original article onBusiness Insider', 'Participants David Howson; Executive VP & Global President; Cboe Global Markets, Inc. Frederic J. Tomczyk; CEO & Director; Cboe Global Markets, Inc. Jill M. Griebenow; CFO, CAO & Executive VP; Cboe Global Markets, Inc. John F. Deters; Executive VP & Chief Strategy Officer; Cboe Global Markets, Inc. Kenneth William Hill; VP of IR; Cboe Global Markets, Inc. Unidentified Company Representative Alexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division Alexander Kramm; Executive Director and Equity Research Analyst of Exchanges, Ebrokers; UBS Investment Bank, Research Division Andrew Bond; Senior Analyst; Rosenblatt Securities Inc., Research Division Benjamin Elliot Budish; Research Analyst; Barclays Bank PLC, Research Division Brian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division Christopher John Allen; MD; Citigroup Inc., Research Division Craig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division Daniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division Kyle Kenneth Voigt; MD; Keefe, Bruyette, & Woods, Inc., Research Division Michael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division Owen Lau; Associate; Oppenheimer & Co. Inc., Research Division Patrick Malcolm Moley; Research Analyst; Piper Sandler & Co., Research Division Presentation Operator Good morning, and welcome to the Cboe Global Markets Third Quarter 2023 Earnings Call. Please note that this call is being recorded. (Operator Instructions) I\'d now like to turn the call over to Ken Hill, Vice President of Investor Relations. Please go ahead, sir. Kenneth William Hill Good morning. Thank you for joining us for our third quarter earnings conference call. On the call today, Fred Tomczyk, our CEO; and Dave Howson, our Global President, will discuss our performance for the quarter and provide an update of our strategic initiatives. Then Jill Griebenow, our Executive Vice President, Chief Financial Officer and Chief Accounting Officer, will provide an overview of our financial results for the quarter as well as discuss our 2023 financial outlook. Following their comments, we will open the call to Q&A. Also joining us for Q&A will be Chris Isaacson, our Chief Operating Officer; and our Chief Strategy Officer, John Deters. I would like to point out that this presentation will include the use of slides. We will be showing the slides and providing commentary on each. A downloadable copy of the slide presentation is available on the Investor Relations portion of our website. During our remarks, we\'ll make some forward-looking statements, which represent our current judgment on what the future may hold. And while we believe these judgments are reasonable, these forward-looking statements are not guarantees of future performance and involve certain assumptions, risks and uncertainties actual. Outcomes and results may differ materially from what is expressed or implied in these forward-looking statements. Please refer to our filings with the SEC for a full discussion of the factors that may affect any forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise after this conference call. During the call this morning, we\'ll be referring to non-GAAP measures as defined and reconciled in our earnings material. Now I\'d like to turn the call over to Fred. Story continues Frederic J. Tomczyk Thanks, Ken, and thanks, everyone, for joining the call this morning. Having taken the helm at Cboe 6 weeks ago, I\'ve been impressed with the strength of the Cboe team and our focus on our clients, which has resulted in another strong quarter for the company. For today\'s call, I will highlight our overall results and share my priorities as Cboe\'s new CEO. I will then hand it over to our Global President, Dave Howson, to walk through the progress we made against our strategic priorities. I am pleased to report record third quarter adjusted earnings for Cboe. During the quarter, we grew net revenue by 9% year-over-year to $481 million and adjusted earnings per share by 18% to $2.06. These results were driven by record activity across our Derivatives business, the continued growth of our Data and Access Solutions business, lower third quarter operating expenses and a lower corporate tax rate. Our Derivatives franchise delivered another record quarter as total **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $677,781,003,125 - Hash Rate: 521652771.1174128 - Transaction Count: 698917.0 - Unique Addresses: 957847.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Securities and Exchange Commission (SEC) of the United States has reached an agreement with BlackRock, fining the financial firm $2.5 million for improperly describing its investments in the entertainment business. The allegations come as the SEC prepares to assessBlackRock's application for a spot Bitcoin exchange-traded fund (ETF). The deal was reached without BlackRock, the world's largest investment manager, acknowledging or rejecting the charges. According to the SEC, BlackRock's Multi-Sector Income Trust (BIT) invested in film firm Aviron Group, LLC between 2015 and 2019, but misrepresented it as a "Diversified Financial Services" company. The anticipation surrounding a potential Bitcoin ETF approval haspushed the price of Bitcoin higher, with the price ofBitcoin (BTC)surpassing $35,000 momentarily. Additional capital inflows into the crypto market are expected if the ETFs are approved. Let us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.... - Reddit Posts (Sample): [['u/AwesomeMaster77', 'How to become rich(made easy)', 68, '2023-11-04 00:17', 'https://www.reddit.com/r/CalPolyPomona/comments/17n7z1k/how_to_become_richmade_easy/', '1. Drink 5, 5 hour energies every day.\n It’s simple math 5x5 = 25. This way, you have more than enough energy to grind 24/7, without wasting time for stupid things like eating, drinking, or doing anything enjoyable\n\n2. Cut off your friends and family. \nFamily and friends is for poor people, cut them out to lock in and unlock your inner demon for pure focus.\n\n3. Drop your classes. \nReading, writing, and math is stupid. You think Gates or Zuckerberg know how to read? Bezos can’t even spell Amazon. They’re too busy being rich, while you’re wasting your time not learning any marketable skills.\n\n4. Build your business. \nLearn to build your bitcoin crypto multi level marketing drop shipping pyramid scheme business and watch your profits rise exponentially\n\n5. Reinvest\nWith your new profits, double your money through lottery tickets and daily trips to the casino. It’s called vision. Look it up', 'https://www.reddit.com/r/CalPolyPomona/comments/17n7z1k/how_to_become_richmade_easy/', '17n7z1k', [['u/hamburgerhaver', 22, '2023-11-04 00:24', 'https://www.reddit.com/r/CalPolyPomona/comments/17n7z1k/how_to_become_richmade_easy/k7pxvk1/', 'thank you awesome master 77', '17n7z1k'], ['u/First-Celebration-11', 11, '2023-11-04 01:08', 'https://www.reddit.com/r/CalPolyPomona/comments/17n7z1k/how_to_become_richmade_easy/k7q45du/', 'If you learn how to photosynthesize, you can stop eating food as a whole. Just grind out in the sun and you’ll be all set! Also, dentures! You can skin brushing your teeth saving you minutes out of your day!', '17n7z1k'], ['u/PaulNissenson', 17, '2023-11-04 01:34', 'https://www.reddit.com/r/CalPolyPomona/comments/17n7z1k/how_to_become_richmade_easy/k7q7tai/', '[https://youtu.be/tO5sxLapAts?si=nc6m8E2vJZwwHUdd](https://youtu.be/tO5sxLapAts?si=nc6m8E2vJZwwHUdd)\n\nI prefer the three phase system to profit.', '17n7z1k']]], ['u/Disastrous_Cow_9427', 'Miner I bought in 2013 for 15k and didn’t mine anything', 870, '2023-11-04 00:29', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/', 'I bought this is juju 2013 for $15000 and didn’t mine any bitcoin. A kid I met ran it at his apartment cause he had free electricity. I barely knew him and was always curious if I got scammed or if we really didn’t mine anything. I’m not a tech/smart guy so I was always curious about what happened', 'https://www.reddit.com/gallery/17n88y0', '17n88y0', [['u/dyerdigs0', 10, '2023-11-04 00:50', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q1k5z/', 'You’ve been running this since 2013 and haven’t gotten any returns?', '17n88y0'], ['u/_who_is_they_', 65, '2023-11-04 00:57', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q2o99/', "You spent 15k on something you didn't know how to use?", '17n88y0'], ['u/soundssarcastic', 47, '2023-11-04 01:01', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q367y/', '"You miss 100% of the shots you dont take. - Wayne Gretsky" - Michael Scott', '17n88y0'], ['u/MrAnachronist', 2164, '2023-11-04 01:02', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q3cuf/', 'What.\n\nTo clarify:\n\nYou purchased a Bitcoin miner for Fifteen THOUSAND US dollars, and then gave it to someone you didn’t know?\n\n6 months later you (or they?) sold the miner for $600, a loss of $14,400 US dollars?\n\nAnd now, ten years later, you wonder if you were scammed?\n\nOh boy.', '17n88y0'], ['u/zeeblefritz', 613, '2023-11-04 01:11', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q4iv9/', 'I am very confused by this situation.', '17n88y0'], ['u/SeafoamedGreen', 66, '2023-11-04 01:15', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q546a/', 'Yes the person that was mining was profiting if they were mining in a pool.', '17n88y0'], ['u/MrAnachronist', 485, '2023-11-04 01:21', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q5xwx/', 'Assuming this nonsense story is actually true, I pulled up the price of BTC on July 31, 2013, and found that OP could have purchased over 141 BTC at that time for $15,000. Today, that would be worth $4.9 million.', '17n88y0'], ['u/The_Buttaman', 55, '2023-11-04 01:21', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q5y38/', 'Send me some $ ffs if ur this braindead', '17n88y0'], ['u/Disastrous_Cow_9427', 158, '2023-11-04 01:22', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q62y9/', 'Yes they were around $90 each when we bought it', '17n88y0'], ['u/The_Buttaman', 42, '2023-11-04 01:24', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q6ei1/', 'Who said I don’t lol and you took a 14k loss on a guess', '17n88y0'], ['u/Sufficient_Tooth_949', 30, '2023-11-04 01:26', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q6qdd/', 'So did you hold on to anything from back then? \n\nNo shame in it I had about 4 Bitcoin back then but I sold it for like a $500 profit, could have changed my life if I just bought and held.....hurts when I think about it', '17n88y0'], ['u/Disastrous_Cow_9427', 32, '2023-11-04 01:30', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q76dp/', 'This is pretty much the story. The kid was a college student in Boston. I did a little background on him and he was legit and didn’t seem scummy. Pretty sure he wasn’t—the mining operation jist didn’t work', '17n88y0'], ['u/SeafoamedGreen', 55, '2023-11-04 01:36', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q82xv/', 'Your loss.', '17n88y0'], ['u/TheJudgeOfThings', 284, '2023-11-04 01:42', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q8v6i/', 'I think it’s best for everyone if we just go on letting you think that.', '17n88y0'], ['u/PsychCrypto', 103, '2023-11-04 01:43', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q908p/', "He says he's not a smart guy right in the post, at least he is self aware.", '17n88y0'], ['u/VictorOgorodnov', 15, '2023-11-04 01:46', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7q9g2a/', 'Still waiting for my butterfly asic to be delivered💀', '17n88y0'], ['u/Illuvater', 92, '2023-11-04 01:56', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qavom/', 'That explains everything', '17n88y0'], ['u/jcpham', 37, '2023-11-04 01:57', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qawzp/', 'I can’t tell from the screen if the miner is connected correctly for solo mining but yes choosing solo mining probably would have only yielded anything if all the pols were DDoSd while you maintained an up to date bitcoind node, otherwise most people would mine as part of a pool for daily steady revenue stream\n\nIt looks like a butterfly labs device or something reusing their asic chips and I see 60 Ghash so this would’ve been a first or second Gen ASIC', '17n88y0'], ['u/KlearCat', 469, '2023-11-04 02:00', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qbbxg/', 'More than 0', '17n88y0'], ['u/VictorOgorodnov', 38, '2023-11-04 02:03', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qbtox/', 'If that kid was sincere about not mining anything, he was just “really smart” to mine standalone, hoping for a full 50 btc block reward. If you were using a pool, could be mining like 2-3 btc a day with this machine in the summer 2013.', '17n88y0'], ['u/jcpham', 17, '2023-11-04 02:07', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qcb5i/', 'Run 60 GH/s through a mining calculator at a difficulty of 1.18 Billion or total hashrate on that date of 8.45 petahashes / minus electricity from begin date to network difficulty on end date.', '17n88y0'], ['u/MosEisleyEscorts', 33, '2023-11-04 02:12', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qd0n4/', 'Not sure if you are trolling or you are the most oblivious bastard I ever saw on this thread', '17n88y0'], ['u/savinelli_smoker', 13, '2023-11-04 02:14', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qd672/', 'It could all fit together:\n\nThe kid had been mining solo for a while (years before 2013) and had been profitable (prior to mining pool becoming popular)\n\nYou paid him $15k in 2013 to get a mining rig, he helped you to deploy it technically setting it up etc, but still did it his solo way without joining a pool\n\nThings changed so quick that solo was no longer easy and there was nothing to show for\n\nNew miner models come out and made your $15k purchase obsolete\n\nIn that scenario you weren’t scammed and it was just a series of changes in the space that made a once profitable hobby unattractive. \n\nI hope you find closure and sleep better going forward.', '17n88y0'], ['u/endoftheworld2024', 373, '2023-11-04 02:14', 'https://www.reddit.com/r/Bitcoin/comments/17n88y0/miner_i_bought_in_2013_for_15k_and_didnt_mine/k7qd9fe/', "I'm going to fill in the background on this story based on what I think happened.\n\nOP'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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: Ed Jones/AFP/Getty Images As the trial of the former crypto star and FTX founder Sam Bankman-Fried began last month, headlines declared cryptocurrency was on trial too. But when Bankman-Fried was found guilty on seven counts of wire fraud and money-laundering conspiracy on Thursday evening, after less than five hours of jury deliberations, bitcoin was trading at its highest price in a year. As the scene in the courtroom played out, it became clear it wasn’t so much cryptocurrency on trial as the crypto bro himself – both Bankman-Fried and the archetype: the tech dilettante who believes he’s such an all-around genius that he can get rich with no expertise and an unkempt head of Einstein hair. Related: Cryptocurrency firms sued over ‘$1bn investor fraud’ by New York state During his three days on the stand, Bankman-Fried admitted to knowing nothing about cryptocurrency. He didn’t know anything about financial regulation, either. He said he believed FTX’s terms of service allowed Alameda Research, its closely associated hedge fund, to use FTX customer funds the way it did, actions prosecutors and the jury called fraud. Asked what he knew about crypto before starting FTX, he answered: “I had absolutely no idea how they worked. I just knew they were things you could trade.” While parts of the trial delved into the technical and financial structure of FTX’s grand scam, the prosecution spent much of its time questioning Bankman-Fried about his public persona. The assistant US attorney Danielle Sassoon wanted to puncture his unkempt boy-genius look, demonstrating to the jury that he used his appearance to woo investors and reassure customers that they were safe in his hands, when in fact they were far from it. The prosecution’s vivisection of his image worked. Perhaps we’ve grown weary of the unkempt Mark Zuckerberg school of style. You can read the verdict as such: a hoodie in place of a suit jacket does not mean you are focused on your product to the exclusion of all else; it means you are an amateur. Bankman-Fried admitted during the trial that he was. Story continues The question after his conviction is whether the entire industry will be found guilty, or just him. The trial did not focus extensively on the technological or legal governance of cryptocurrency or blockchain as Bankman-Fried’s means to an end. Rather, the central question was whether the one-time mogul “misappropriated and embezzled” his customers’ money for his own high-flying ends. The crime is as old as banking itself, but it’s being committed with a new and unregulated technology. Damian Williams, the prosecutor in charge of the southern district of New York, spoke to this when he said to reporters after the conviction: “Sam Bankman-Fried perpetrated one of the biggest financial frauds in American history – a multibillion-dollar scheme designed to make him the king of crypto – but while the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time.” A look at bitcoin today reveals the conflicted state crypto finds itself in. Because of Bankman-Fried, cryptocurrencies’ backers have never looked worse. Still, there are signs that bitcoin will endure: the original cryptocurrency is on the verge of a major regulatory victory in the expected approval of exchange-traded funds, including it. Also, to industry insiders, the one-time boy wonder is not the avatar of cryptocurrency. They are not like him, they think. And they may have a point: cryptocurrency is not doomed because Bankman-Fried is. Bitcoin is valuable, especially if you bought some in January of this year: it’s up 110% year-to-date. That bitcoin has such value in spite of some infamous champions – FTX, the Mt Gox exchange, the ever-unwelcome Winklevoss twins – points to a lasting life, perhaps not as the world-changing technology some had hoped for, but as a place to park money. We may trade bitcoin for the foreseeable future, we may trade it as long as we do stocks, and the true blockchain believers will continue to buoy its value. It’s likely to remain a symbol of libertarian rebellion against the financial system. For true believers, the trial has simply been a distraction from the good work. Said Wired : “The Crypto World Is Already Sick of SBF’s Trial.” For those who do not belong to that school of thought, Bankman-Fried has irrevocably, irreparably, irresponsibly and irredeemably damaged the reputation of this technology. Said the Financial Times ’ opinion pages: “The SBF trial is a reminder that crypto is a rotten business.” After the downfall of FTX, many people would probably take their chances gambling in Las Vegas before putting their money in crypto. One lasting legacy of Bankman-Fried’s downfall is that it ushered in an era of crypto crackdowns in the US. The Commodity Futures Trading Commission has sued Binance, the world’s largest crypto exchange; and the Securities and Exchange Commission has charged Coinbase with operating as an unregistered securities exchange, broker and clearing agency. Both companies deny wrongdoing. If Bankman-Fried had been found innocent, I might have said definitively that crypto had, in fact, been on trial. The jury would have committed a spectacular act of faith in cryptocurrency in acquitting him. Bankman-Fried might have struck upon a different, unregulated industry ripe for exploitation. Crypto was the one that was available.', 'Photograph: Ed Jones/AFP/Getty Images As the trial of the former crypto star and FTX founder Sam Bankman-Fried began last month, headlines declared cryptocurrency was on trial too. But when Bankman-Fried was found guilty on seven counts of wire fraud and money-laundering conspiracy on Thursday evening, after less than five hours of jury deliberations, bitcoin was trading at its highest price in a year. As the scene in the courtroom played out, it became clear it wasn’t so much cryptocurrency on trial as the crypto bro himself – both Bankman-Fried and the archetype: the tech dilettante who believes he’s such an all-around genius that he can get rich with no expertise and an unkempt head of Einstein hair. Related: Cryptocurrency firms sued over ‘$1bn investor fraud’ by New York state During his three days on the stand, Bankman-Fried admitted to knowing nothing about cryptocurrency. He didn’t know anything about financial regulation, either. He said he believed FTX’s terms of service allowed Alameda Research, its closely associated hedge fund, to use FTX customer funds the way it did, actions prosecutors and the jury called fraud. Asked what he knew about crypto before starting FTX, he answered: “I had absolutely no idea how they worked. I just knew they were things you could trade.” While parts of the trial delved into the technical and financial structure of FTX’s grand scam, the prosecution spent much of its time questioning Bankman-Fried about his public persona. The assistant US attorney Danielle Sassoon wanted to puncture his unkempt boy-genius look, demonstrating to the jury that he used his appearance to woo investors and reassure customers that they were safe in his hands, when in fact they were far from it. The prosecution’s vivisection of his image worked. Perhaps we’ve grown weary of the unkempt Mark Zuckerberg school of style. You can read the verdict as such: a hoodie in place of a suit jacket does not mean you are focused on your product to the exclusion of all else; it means you are an amateur. Bankman-Fried admitted during the trial that he was. Story continues The question after his conviction is whether the entire industry will be found guilty, or just him. The trial did not focus extensively on the technological or legal governance of cryptocurrency or blockchain as Bankman-Fried’s means to an end. Rather, the central question was whether the one-time mogul “misappropriated and embezzled” his customers’ money for his own high-flying ends. The crime is as old as banking itself, but it’s being committed with a new and unregulated technology. Damian Williams, the prosecutor in charge of the southern district of New York, spoke to this when he said to reporters after the conviction: “Sam Bankman-Fried perpetrated one of the biggest financial frauds in American history – a multibillion-dollar scheme designed to make him the king of crypto – but while the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time.” A look at bitcoin today reveals the conflicted state crypto finds itself in. Because of Bankman-Fried, cryptocurrencies’ backers have never looked worse. Still, there are signs that bitcoin will endure: the original cryptocurrency is on the verge of a major regulatory victory in the expected approval of exchange-traded funds, including it. Also, to industry insiders, the one-time boy wonder is not the avatar of cryptocurrency. They are not like him, they think. And they may have a point: cryptocurrency is not doomed because Bankman-Fried is. Bitcoin is valuable, especially if you bought some in January of this year: it’s up 110% year-to-date. That bitcoin has such value in spite of some infamous champions – FTX, the Mt Gox exchange, the ever-unwelcome Winklevoss twins – points to a lasting life, perhaps not as the world-changing technology some had hoped for, but as a place to park money. We may trade bitcoin for the foreseeable future, we may trade it as long as we do stocks, and the true blockchain believers will continue to buoy its value. It’s likely to remain a symbol of libertarian rebellion against the financial system. For true believers, the trial has simply been a distraction from the good work. Said Wired : “The Crypto World Is Already Sick of SBF’s Trial.” For those who do not belong to that school of thought, Bankman-Fried has irrevocably, irreparably, irresponsibly and irredeemably damaged the reputation of this technology. Sa **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $683,577,388,962 - Hash Rate: 506127391.02463263 - Transaction Count: 673375.0 - Unique Addresses: 891683.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Berlin, Germany --News Direct-- Hydranet Hydranet , known for its expertise in off-chain trading, just released the Hydranet DEX , a Layer 3 trading platform that integrates multiple off-chain protocols to enable trustless, cost-effective and near-instant cross-chain trading. The Hydranet DEX made its official debut as a mainnet beta on September 23, 2023, following more than a year of dedicated development. The release signifies a major milestone in the project's history, whose future promises even more groundbreaking developments. I am really proud of us. We have evolved from a small project to a currently #700 mature DeFi project with a great 2023/24 roadmap ahead. - Joe Park, project manager of Hydranet Hydranet presents their DEX as a Layer 3 trading platform that connects the Bitcoin and Ethereum ecosystems (including all off-chain compatible Ethereum Virtual Machine (EVM) networks), allowing users to trade seamlessly between them. By their use of off-chain protocols, such as the Lightning and Connext Vector technologies, crafted into a single solution that allows these protocols to interact, Hydranet has made it possible to trade between fundamentally different blockchains with virtually no fees, near-instantly, and, most importantly, in a trustless manner, as users will always retain full control of their funds. Off-chain protocols play a pivotal role in this solution and refer to a set of rules, specifications, and frameworks that define the standards and procedures for conducting transactions outside the blockchain using what is commonly known as state channels. Unlike on-chain transactions, which necessitate miners’ confirmations, off-chain transactions are distinguished by their instant transaction times, minimal-to-no transaction fees, high level of privacy and trustless operations. These attributes make off-chain transactions particularly useful for microtransactions, frequent interactions, and scenarios where real-time responsiveness is crucial. Story continues Recognizing the benefits of off-chain protocols, Hydranet has undoubtedly taken advantage of them in creating a solution that will meet the long-standing demand for a cost-effective trading platform capable of bridging fundamentally different blockchains without compromising security, integrity, and scalability. This trading platform is now available as a downloadable desktop client from Hydranet’s official website . The platform comprises a self-custodial wallet, a state channel management interface, and an order book for trading on its Layer 3 exchange. Trades on the exchange are secured using Hashed TimeLock Contracts (HTLC) which guarantees that they are completed in accordance with what is agreed upon, or not completed at all if either one of the trading parties attempts to manipulate the trade. Below is a video showcasing a mainnet Bitcoin to Ethereum trade using the latest version of the Hydranet DEX. The Hydranet DEX is currently hosting a set of four trading pairs to start off with: aETH - BTC BTC - aUSDT HDN - aUSDT ETH - BTC These trading pairs effectively bridge the Bitcoin, Ethereum and Arbitrum (denoted as 'a') blockchains and highlight the capabilities of the trading platform. Adding support for other trading pairs and networks is said to be as easy as adding a few lines of code. With all the excitement surrounding this new type of trading platform and how it will develop in the future, Hydranet emphasizes that this is only the beginning of the Hydranet DEX cross-chain future and more news is coming. Users can learn more about Hydranet and the Hydranet DEX at Hydranet’s official website . Users can Join Hydranet’s Discord and Twitter to stay updated on their announcements. About Hydranet Hydranet is a Decentralized Autonomous Organization building the world’s first Layer 3 off-chain decentralized exchange. With a commitment to trustlessness, efficiency, and scalability, their vision extends beyond the confines of traditional on-chain exchanges. Hydranet is active on Discord, Twitter, Telegram, Facebook, Medium, YouTube and Instagram. Contact Details Hydranet Nico McFinity [email protected] Company Website https://hydranet.ai/ View source version on newsdirect.com: https://newsdirect.com/news/hydranet-launches-layer-3-dex-a-game-changer-for-trustless-cross-chain-trading-796300189... - 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:** ["Seoul, South Korea --News Direct-- MetaBID MetaBID , the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just two days after launch. The platform is attracting an ever-growing number of users eager to participate in these auctions set to transform the Web3 auction landscape. Remarkable Start, Outstanding Auction Lineup The auctions that have already kicked off have seen a surge in user participation. In particular, auctions for highly coveted assets XMR and BNB Coins, Crypto Punk #6995 worth more than 6800 USDT and the iPhone 15 Pro Max have seen high amounts of traffic since the launch of the platform on Saturday, November 4, 2023. A wide array of highly sought-after assets are currently up for auction, with more scheduled to begin in the coming days (all times in UTC): 10 XMR Coins: November 6, 2023 at 09:00 am 1 ETH Coin: November 6, 2023 at 11:00am Bored Ape Kennel Club NFT #3810: November 7 at 12:00 pm 1 Bitcoin (BTC): November 7 at 2:00 pm Mutant Ape Yacht Club NFT #14730, November 10, 2023 at 09:00 am Rolex Daytona Original: November 15, at 10:00 am And many more, promising an eclectic and high-value auction experience for all involved. The Game-Changer: 1 BTC Auction on November 7th The defining moment everyone has been waiting for: MetaBID announced the auction of 1 BTC, starting November 7th at 2:00 pm UTC. With the starting bid set at only 1 USDT, this auction represents an unparalleled opportunity for digital asset enthusiasts. The value of this Bitcoin asset is currently estimated at approximately 35,000 USDT, making this the pinnacle event on the MetaBID calendar during launch week. User Engagement Soars Since the platform went live, user participation has not only met but exceeded expectations. The competitive yet accessible starting bids are empowering a broader demographic to own high-value assets. Why MetaBID Continues to Impress Ease of Participation Transparency and Fairness Community Engagement Audited Auctions: The MetaBID bidding process has been audited by Certik, one of the world’s leading smart contract auditors. MetaBID is setting a new standard in how digital assets can be acquired, owned, and transferred. By offering a seamless, fair, and thrilling auction experience, MetaBID is quickly establishing itself as the go-to platform for high-value asset auctions. About MetaBID MetaBID is on a mission to democratize digital wealth, making it accessible to all individuals regardless of their financial situation. MetaBID is an online auction platform that leverages blockchain technology to bring transparency and fairness to auctions. As a product of MetFi DAO, MetaBID is redefining the auction experience with its innovative approach to pricing, customizable bidding bots, and community-centric focus. The first auctions went live on November 4, 2023 and BID packs are available for purchase now. Story continues For more details, please visit MetaBID's: Official Website | Twitter | Telegram , or reach out to the press relations contact. Contact Details Metfi DAO Metfi Team [email protected] Company Website https://metabid.ai/ View source version on newsdirect.com: https://newsdirect.com/news/metabid-unveils-unprecedented-1-x-bitcoin-btc-auction-as-user-engagement-skyrockets-818568502 View comments", "Seoul, South Korea --News Direct-- MetaBID MetaBID , the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just two days after launch. The platform is attracting an ever-growing number of users eager to participate in these auctions set to transform the Web3 auction landscape. Remarkable Start, Outstanding Auction Lineup The auctions that have already kicked off have seen a surge in user participation. In particular, auctions for highly coveted assets XMR and BNB Coins, Crypto Punk #6995 worth more than 6800 USDT and the iPhone 15 Pro Max have seen high amounts of traffic since the launch of the platform on Saturday, November 4, 2023. A wide array of highly sought-after assets are currently up for auction, with more scheduled to begin in the coming days (all times in UTC): 10 XMR Coins: November 6, 2023 at 09:00 am 1 ETH Coin: November 6, 2023 at 11:00am Bored Ape Kennel Club NFT #3810: November 7 at 12:00 pm 1 Bitcoin (BTC): November 7 at 2:00 pm Mutant Ape Yacht Club NFT #14730, November 10, 2023 at 09:00 am Rolex Daytona Original: November 15, at 10:00 am And many more, promising an eclectic and high-value auction experience for all involved. The Game-Changer: 1 BTC Auction on November 7th The defining moment everyone has been waiting for: MetaBID announced the auction of 1 BTC, starting November 7th at 2:00 pm UTC. With the starting bid set at only 1 USDT, this auction represents an unparalleled opportunity for digital asset enthusiasts. The value of this Bitcoin asset is currently estimated at approximately 35,000 USDT, making this the pinnacle event on the MetaBID calendar during launch week. User Engagement Soars Since the platform went live, user participation has not only met but exceeded expectations. The competitive yet accessible starting bids are empowering a broader demographic to own high-value assets. Why MetaBID Continues to Impress Ease of Participation Transparency and Fairness Community Engagement Audited Auctions: The MetaBID bidding process has been audited by Certik, one of the world’s leading smart contract auditors. MetaBID is setting a new standard in how digital assets can be acquired, owned, and transferred. By offering a seamless, fair, and thrilling auction experience, MetaBID is quickly establishing itself as the go-to platform for high-value asset auctions. About MetaBID MetaBID is on a mission to democratize digital wealth, making it accessible to all individuals regardless of their financial situation. MetaBID is an online auction platform that leverages blockchain technology to bring transparency and fairness to auctions. As a product of MetFi DAO, MetaBID is redefining the auction experience with its innovative approach to pricing, customizable bidding bots, and community-centric focus. The first auctions went live on November 4, 2023 and BID packs are available for purchase now. Story continues For more details, please visit MetaBID's: Official Website | Twitter | Telegram , or reach out to the press relations contact. Contact Details Metfi DAO Metfi Team [email protected] Company Website https://metabid.ai/ View source version on newsdirect.com: https://newsdirect.com/news/metabid-unveils-unprecedented-1-x-bitcoin-btc-auction-as-user-engagement-skyrockets-818568502 View comments", "Seoul, South Korea --News Direct-- MetaBID MetaBID , the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just two days after launch. The platform is attracting an ever-growing number of users eager to participate in these auctions set to transform the Web3 auction landscape. Remarkable Start, Outstanding Auction Lineup The auctions that have already kicked off have seen a surge in user participation. In particular, auctions for highly coveted assets XMR and BNB Coins, Crypto Punk #6995 worth more than 6800 USDT and the iPhone 15 Pro Max have seen high amounts of traffic since the launch of the platform on Saturday, November 4, 2023. A wide array of highly sought-after assets are currently up for auction, with more scheduled to begin in the coming days (all times in UTC): 10 XMR Coins: November 6, 2023 at 09:00 am 1 ETH Coin: November 6, 2023 at 11:00am Bored Ape Kennel Club NFT #3810: November 7 at 12:00 pm 1 Bitcoin (BTC): November 7 at 2:00 pm Mutant Ape Yacht Club NFT #14730, November 10, 2023 at 09:00 am Rolex Daytona Original: November 15, at 10:00 am And many more, promising an eclectic and high-value auction experience for all involved. The Game-Changer: 1 BTC Auction on November 7th The defining moment everyone has been waiting for: MetaBID announced the auction of 1 BTC, starting November 7th at 2:00 pm UTC. With the starting bid set at only 1 USDT, this auction represents an unparalleled opportunity for digital asset enthusiasts. The value of this Bitcoin asset is currently estimated at approximately 35,000 USDT, making this the pinnacle event on the MetaBID calendar during launch week. User Engagement Soars Since the platform went live, user participation has not only met but exceeded expectations. The competitive yet accessible starting bids are empowering a broader demographic to own high-value assets. Why MetaBID Continues to Impress Ease of Participation Transparency and Fairness Community Engagement Audited Auctions: The MetaBID bidding process has been audited by Certik, one of the world’s leading smart contract auditors. MetaBID is setting a new standard in how digital assets can be acquired, owned, and transferred. By offering a seamless, fair, and thrilling auction experience, MetaBID is quickly establishing itself as the go-to platform for high-value asset auctions. About MetaBID MetaBID is on a mission to democratize digital wealth, making it accessible to all individuals regardless of their financial situation. MetaBID is an online auction platform that leverages blockchain technology to bring transparency and fairness to auctions. As a product of MetFi DAO, MetaBID is redefining the auction experience with its innovative approach to pricing, customizable bidding bots, and community-centric focus. The first auctions went live on November 4, 2023 and BID packs are available for purchase now. Story continues For more details, please visit MetaBID's: Official Website | Twitter | Telegram , or reach out to the press relations contact. Contact Details Metfi DAO Metfi Team [email protected] Company Website https://metabid.ai/ View source version on newsdirect.com: https://newsdirect.com/news/metabid-unveil **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $684,932,444,662 - Hash Rate: 394344654.35661566 - Transaction Count: 439319.0 - Unique Addresses: 725183.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) has reinforced its position as the leading cryptocurrency, with its market dominance reaching 52% in late June this year, up from a range of 39% to 49% over the previous two years. This surge in dominance followed the filing of Bitcoin ETFs by several top investment firms for SEC approval in June. The move by these investment giants towards Bitcoin has led to a decline in altcoins, further solidifying Bitcoin's reputation as a "safe" crypto asset. On Monday, Bitcoin once again breached the 50% mark in market dominance. It is expected to secure an even larger share of the market in the near future given recent developments. As of Tuesday, Bitcoin had risen 62.6% in price in 2023, peaking at a 90% increase in mid-July when it almost reached the $31,500 mark. Currently, it is steadily approaching the $27,000 level. The New York Department of Financial Services (NYFDS) proposed stricter rules for listing cryptocurrencies on exchanges earlier this week. However, they have given Bitcoin and Ethereum (ETH), along with stablecoins issued by PayPal (NASDAQ:PYPL) and Gemini, a green light as digital assets that license holders can list or custody without facing additional regulatory hurdles. This regulatory leeway is expected to benefit Bitcoin significantly. In light of these factors, it might be prudent for investors to track stocks that are directly linked to or exposed to Bitcoin. Stronghold Digital Mining Inc., a crypto asset mining company that focuses on mining Bitcoin in the U.S., is one such stock. The company's expected earnings growth rate for this year is 97.7%. Over the past 60 days, the consensus estimate for its current-year earnings has improved by 68.7%. NVIDIA Corporation (NASDAQ:NVDA), one of the biggest success stories of 2023 and a leading designer of graphic processing units (GPUs), is another stock to watch. Given that GPUs are crucial for data centers, artificial intelligence, and Bitcoin and altcoin mining, NVIDIA's stocks usually surge with a booming crypto market. The company's expected earnings growth rate for the current year is 219.5%. Robinhood Markets Inc (NASDAQ:HOOD)., which operates a financial services platform in the U.S. that allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies, is also worth tracking. The platform enables the buying and selling of Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies. Robinhood's expected earnings growth rate for the current year is 57.3%. BlackRock Inc (NYSE:BLK)., the world's largest asset manager, applied to launch a Bitcoin exchange-traded fund in June this year. Although BlackRock's expected earnings growth rate for the current year is only 0.3%, it is expected to grow by 13.2% in 2024. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Related Articles Bitcoin’s Dominance Strengthens With Approval of ETFS and Regulatory Green Light Binance CEO denies receiving $250m loan, amidst regulatory challenges and trading volume dip Troubled crypto exchange JPEX applies for deregistration in Australia... - 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:** ["Germany's DZ Bank Launches Blockchain-Based Digital Assets Custody Platform DZ Bank, Germany's third-largest bank, has launched its own blockchain-powered digital asset custody platform. The platform, aimed at institutional clients, would give them access to crypto products such as Siemens' crypto bond. DZ Bank, which purchased a crypto bond from Siemens six months ago, has indicated interest in distributed ledger technology (DLT) and its potential influence on the capital market. According to Holger Meffert, DZ Bank's head of securities services and digital custody, a major amount of capital market business will be processed by DLT-based infrastructures during the next decade. The bank plans to position DLT as an additional technology to existing capital market operations. In the future, DZ Bank intends to provide institutional investors and private clients the possibility to purchase cryptocurrencies such as Bitcoin (BTC) . To do this, the bank applied to the German Federal Financial Supervisory Authority (BaFin) in June 2023 for a crypto custody license. Despite the country's rigorous regulatory environment, DZ Bank's action underscores a growing trend of German institutions embracing cryptocurrency. Other financial institutions, such as Deutsche WertpapierServiceBank and DWS, have also taken steps to give investors access to the digital asset industry and to develop blockchain-related solutions. Traditional banks seeking crypto custody licenses from BaFin include Commerzbank and DekaBank. This comes as the new framework developed to standardize the regulation of crypto-asset markets within the European Union, Markets in Cryptoassets (MiCA) , is set to take effect in 2024. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .", "DZ Bank, Germany's third-largest bank, haslaunchedits own blockchain-powered digital asset custody platform.\nThe platform, aimed at institutional clients, would give them access to crypto products such as Siemens' crypto bond. DZ Bank, which purchased a crypto bond from Siemens six months ago, has indicated interest in distributed ledger technology (DLT) and its potential influence on the capital market.\nAccording to Holger Meffert, DZ Bank's head of securities services and digital custody, a major amount of capital market business will be processed by DLT-based infrastructures during the next decade. The bank plans to position DLT as an additional technology to existing capital market operations.\nIn the future, DZ Bank intends to provide institutional investors and private clients the possibility to purchase cryptocurrencies such asBitcoin (BTC). To do this, the bank applied to the German Federal Financial Supervisory Authority (BaFin) in June 2023 for a crypto custody license.\nDespite the country's rigorous regulatory environment, DZ Bank's action underscores a growing trend of German institutions embracing cryptocurrency.\nOther financial institutions, such as Deutsche WertpapierServiceBank and DWS, have also taken steps to give investors access to the digital asset industry and to develop blockchain-related solutions. Traditional banks seeking crypto custody licenses from BaFin include Commerzbank and DekaBank.\nThis comes as the new framework developed to standardize the regulation of crypto-asset markets within the European Union,Markets in Cryptoassets (MiCA), is set to take effect in 2024.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", 'In a special Halloween-themed episode of the long-running animated series "The Simpsons" that aired on Sunday, the popular yellow family ventured into the world of non-fungible tokens (NFTs) and crypto. The episode , titled ‘Treehouse of Horror,’ presents the Simpsons\' misadventures in a fictional metaverse called Microcosm. Here, Bart Simpson, in an unexpected turn of events, becomes an NFT, a unique digital token representing his character. In the episode, various characters from the Simpsons universe, including family members and iconic residents of Springfield, navigate the world of decentralized finance and digital art. Scenes from The Simpsons episode As the episode aired, Springfield Punks, a collection of 3,405 NFTs from Italian artist Rino Russo, went live and quickly sold out. Collectors could mint one for free with additional NFTs costing 0.01 ETH ($19) apiece. Springfield Punk #3308 Sold For 3.5 ETH The collection surged to a floor price above 0.3 ETH ($600) before settling to a more modest 0.14 ETH at the time of writing. ‘The Simpsons’ has a long history of social commentary and cultural satire, and this latest episode continues the tradition by tackling the topics of NFTs and cryptocurrencies just as markets are showing signs of recovery. But while the show pokes fun at NFTs, it’s worth noting that producer Disney did not hesitate to cash in when the bull market of 2021 was in full swing. NFT Market Perks Up As Bitcoin trades at $35,000 and altcoins are seeing some of their best days this year, NFT trading volumes have been quietly picking up over the last three weeks after languishing at multi-year lows for most of the summer. Weekly NFT Volume Notable gainers over the past week include Cryptoadz , Animoca Brands’ Mocaverse , and OnChainMonkey . Popular collections CyberBrokers, Treeverse, Parallel Avatars and Doodles also posted substantial gains. Sentiment has been further buoyed by the BLUR token rallying ahead of the end of Season 2 on Nov. 20 and Yuga Labs co-founder Wylie Aronow splashing out 600 ETH ($1.1M) on a rare CryptoPunk. Free NFT Inspired By The Simpsons Crosses $2M In Trading Volume To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io', 'In a special Halloween-themed episode of the long-running animated series "The Simpsons" that aired on Sunday, the popular yellow family ventured into the world of non-fungible tokens (NFTs) and crypto.\nTheepisode, titled ‘Treehouse of Horror,’ presents the Simpsons\' misadventures in a fictional metaverse called Microcosm. Here, Bart Simpson, in an unexpected turn of events, becomes an NFT, a unique digital token representing his character. In the episode, various characters from the Simpsons universe, including family members and iconic residents of Springfield, navigate the world of decentralized finance and digital art.\nAs the episode aired, Springfield Punks, a collection of 3,405 NFTs from Italian artist Rino Russo,went liveand quickly sold out. Collectors could mint one for free with additional NFTs costing 0.01 ETH ($19) apiece.\nThe collection surged to afloor priceabove 0.3 ETH ($600) before settling to a more modest 0.14 ETH at the time of writing.\n‘The Simpsons’ has a long history of social commentary and cultural satire, and this latest episode continues the tradition by tackling the topics of NFTs and cryptocurrencies just as markets are showing signs of recovery.\nBut while the show pokes fun at NFTs, it’s worth noting that producer Disney did not hesitate tocash inwhen the bull market of 2021 was in full swing.\nAs Bitcoin trades at $35,000 and altcoins are seeing some of their best days this year, NFTtrading volumeshave been quietly picking up over the last three weeks after languishing at multi-year lows for most of the summer.\nNotable gainers over the past week includeCryptoadz, Animoca Brands’Mocaverse, andOnChainMonkey. Popular collections CyberBrokers, Treeverse, Parallel Avatars and Doodles also posted substantial gains.\nSentiment has been further buoyed by the BLUR token rallying ahead of the end of Season 2 on Nov. 20 and Yuga Labs co-founder Wylie Aronow splashing out 600 ETH ($1.1M) on a rare CryptoPunk.\nTo continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io', "OKX HONG KONG, Nov. 07, 2023 (GLOBE NEWSWIRE) -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for November 7, 2023. OKX Ventures Leads Discussion on the Convergence of Traditional Banking and Web3 at Hong Kong Fintech Week 2023 OKX Ventures recently hosted a panel titled 'When Banks Meet Web3' at this year's Hong Kong Fintech Week, Asia's flagship financial technology conference. The panel brought together industry experts and thought leaders to discuss the convergence of traditional banking and the emerging Web3 space. Moderated by OKX Ventures Investment Manager Michael Jiang, the panel featured the following speakers: Simon Zhu, Senior Product Director at OKLink (a subsidiary company of OKG that specializes in blockchain data and on-chain AML solutions) Bugra Celik, Director, Digital Asset, Global Private Banking & Wealth at HSBC Sam Su, Head of Asia Business at Bison Bank Devon Sin, Alternative Chief Executive at ZA Bank During the panel, Simon, Bugra, Sam and Devon addressed pressing questions related to the adoption of real-world assets (RWAs) in the virtual asset space, the hurdles and challenges faced, and incentives for institutional clients to apply for the spot BTC ETF. They also shared their insights on Hong Kong's regulatory developments as it pertains to virtual assets and the region's openness to Web3. Key highlights from the panel are as follows: Simon emphasized the advantages of RWAs, highlighting its potential in terms of automation and transparency. He also showcased OKLink's expertise in blockchain technology and its ability to support financial institutions looking to enter the RWA space. Bugra stressed the importance of understanding the underlying assets being tokenized and the regulatory framework surrounding them. He also discussed the need for simplified technology and user experience to drive wider adoption. Sam expressed optimism about the growth potential of RWAs and its ability to bridge the gap between the virtual asset and traditional finance spheres. He also emphasized th **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $677,242,595,219 - Hash Rate: 412975110.4679518 - Transaction Count: 450371.0 - Unique Addresses: 737771.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DOVER, DE / ACCESSWIRE / September 11, 2023 /Metatron Apps Inc., (OTC:MRNJ) a renowned mobile app development company known for its track record of developing over 2,000 apps, including many apps that have ranked in the top 20 charts on app stores, is partnering with HempCoin THC blockchain, a pioneer in blockchain-based cryptocurrencies. Together, they are excited to announce a groundbreaking joint venture aimed at creating a cutting-edge mobile game that will redefine the gaming experience for players worldwide. In a move that combines the strengths of both companies, Metatron and HempCoin THC developers are collaborating to develop a unique mobile game that takes inspiration from the immensely popular FarmVille concept but adds an exciting twist to it. This innovative game will empower players to embark on a journey to start and manage their very own cannabis dispensary, with the ultimate goal of building a thriving cannabis empire. To generate revenue, Metatron plans to implement monetization strategies such as cross-promotion with real-world cannabis brands and advertisements within the game. Additionally, subscription payments will provide players with access to premium features, enhancing their overall gaming experience. The game promises to be a one-of-a-kind experience by introducing Artificial Intelligence Non-Playable Characters (AI NPCs) with distinct personalities and memories of past interactions. Players will have the opportunity to engage with these AI NPCs, including customers, suppliers, and regulators, and develop long-term relationships that will significantly impact their progress in the game. Key Features of the Game Include: Realistic AI NPCs:The game will feature AI-controlled characters with unique personalities, preferences, and memories. Users will need to adapt their dispensary strategies to cater to the individual needs of these NPCs, creating a dynamic and immersive gameplay experience. Building and Growing:Players will start small, operating a humble cannabis dispensary, and work their way up to becoming a cannabis mogul. Plant, harvest, and sell your cannabis products while expanding your business empire. Challenging Gameplay:To make the game more exciting, players will face various challenges such as changing cannabis laws, rival companies, and unforeseen obstacles. Adaptability and strategic thinking will be essential to succeed. Blockchain Integration:THC Crypto Coin's blockchain technology will be seamlessly integrated into the game, allowing for secure and transparent in-game transactions and ownership of virtual assets. THC will serve as the in-house currency, enabling players to engage in various in-game activities. Community Interaction:Players can connect with other users to form alliances or compete against rival dispensaries, fostering a sense of community and competition within the game. Unique Cannabis Strains:Users will have the ability to grow and evolve their own unique strains and brands of cannabis products, adding a personalized touch to their cannabis empire and allowing for diverse gameplay experiences In a recent historic moment for the first time a federal agency (HHS) has recommended rescheduling marijuana to a lower tier, as such the game serves as a perfect educational tool for young entrepreneurs and aspiring business owners. It offers a hands-on experience in navigating the complexities of running a cannabis business while highlighting the potential changes and opportunities in the evolving regulatory landscape. HempCoin THC blockchain is a pioneer in the crypto world having been among the first 30 blockchains created in 2013. It boasts a scarcity and authenticity that sets it apart from the countless tokens flooding the market based on it's organic growth and tokenomics similar to bitcoin. Unlike new "tokens" funded via ICO or DAO, THC Crypto Coin holds the same rare commodity status as DOGE and Bitcoin according to SEC language (less than 100 blockchains qualify), free from pre-mine or external crowd funding. With 400K wallets worldwide, THC Crypto Coin resonates within the crypto community, having reached the top 100 on CoinMarketCap in 2018, with a market cap high of $200M. This game is just one of many planned use cases for the THC blockchain, which will incorporate exciting elements like NFTs, gamification, in-game purchases, VIP lounges, indoor/outdoor grows, and dispensaries, further expanding the THC ecosystem and creating additional opportunities for users to engage and explore. Metatron Apps Inc and HempCoin THC are committed to delivering a gaming experience that not only entertains but also educates players about the complexities of the cannabis industry. By combining cutting-edge technology, engaging gameplay, and an immersive world of cannabis entrepreneurship, this joint venture aims to set a new standard in mobile gaming. For a limited time, users can join MetatronAI.com for free to explore the AI services and offerings available. Being among the first to on OTC to develop AI-powered solutions now in the marketplace positions the company at the forefront of the AI revolution, unlocking a myriad of opportunities. Stay tuned for more updates and information about this groundbreaking mobile game that is set to reshape the gaming landscape. Join us on our journey to create a cannabis empire like no other! Contact:[email protected] AI content website:MetatronAI.comCorporate website:MetatronApps.comTwitter:https://twitter.com/MetatronIncTikTok:https://www.tiktok.com/@metatronai.com Metatron Apps Inc.160 Greentree Drive Suite 101Dover, DE 19904(302) 489-4016 Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's need for additional financing, which is not assured and which may result in dilution of shareholders, the company's status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement. SOURCE:Metatron Apps Inc.via PRISM Mediawire, LLC View source version on accesswire.com:https://www.accesswire.com/782611/metatron-apps-joins-forces-with-hempcoin-thc-blockchain-to-pioneer-ai-powered-crypto-mobile-gaming-introducing-a-cannabis-empire-building-experience... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['For investors seeking a bargain, this past week has presented some interesting developments – but it will require a bit of explanation.\nTo start with, we saw a retreat in Treasury bond yields and mortgage rates during the first few days of November. The yield on the 10-year Treasury bond slipped to its lowest level since mid-October, and it now stands near 4.6%. Mortgage rates, which had climbed well above 8% in October, frequently move in tandem with the 10-year note, and the average 30-year mortgage rate is now back down below 8%.\nThese are good moves for stock investors. A decline in bond rates usually indicates a shift back toward equities, and more affordable mortgages will give a boost to homebuilder stocks. And those latter, according to Kenneth Zener, a 5-star analyst from Seaport, are currently trading at attractive prices compared to their book values, after a rough few months.\nZener isn’t the only bull on homebuilders, either. Covering the sector from Deutsche Bank, another 5-star sector expert, Joe Ahlersmeyer, has picked out three homebuilding stocks as particularly attractive right now. We’ve used thedatabase at TipRanksto locate the latest details on Ahlersmeyer’s picks; here they are, along with his comments.\n• Bitcoin Could Hit $150,000 by 2025, According to Bernstein —Here Are 2 Top Bitcoin Miner Stocks to Bet on It\n• Top Analyst SeesOpportunity Brewing in These 2 Credit Card Stocks\n• TipRanks’ ‘Perfect 10’ List:There’s an Opportunity Brewing in These 2 Top-Rated Stocks\nMeritage Homes (MTH)\nWe’ll start with one of the top US homebuilding companies, Meritage Homes. This company, based on home-closing data from 2022, is the fifth largest builder in the US housing market, and has delivered more than 175,000 homes since its founding in 1985. Meritage is an industry leader, not just in scale but also in the design and construction of energy-efficient homes, and has been recognized as such by the EPA no fewer than 10 times since 2013.\nThe company boasts a market cap of nearly $4.9 billion and saw its share value spike recently after a strong quarterly earnings report. For Q3 of 2023, Meritage reported a 50% year-over-year orders increase, with 3,474 home orders in the quarter compared to 2,310 in the year-ago period. At the top line, total revenue came to $1.61 billion, up 3% year-over-year and $50 million better than had been expected. At the company’s bottom line, the $5.98 EPS was 87 cents ahead of the forecast.\nDrilling down a bit, we find that entry-level homes represented 88% of the sales mix in 3Q23. The average sale price on orders during the quarter was $430,000, for a 2% increase year-over-year. The modest price increase was attributed to the geographic mix of the company’s sales.\nTurning to Deutsche Bank’s Ahlersmeyer, we find him upbeat on Meritage after the earnings release, and acknowledging the attractive valuation of the stock at the current time. The analyst writes, “Overall we were pleased with the strong results and favorable outlook in a tough environment for affordability. Management effectively communicated how they are orienting for growth in the coming year, while acknowledging the dynamics that will come into play for modeling purposes, particularly around community count and gross margin. The stock… still trades at approximately book value today, demonstrating why we reiterate MTH as a Top Pick within our Homebuilder coverage.”\nThese comments back up Ahlersmeyer’s Buy rating on MTH and his $184 price target (up from $180) implies a one-year gain of 38%. (To watch Ahlersmeyer’s track record,click here)\nOverall, there is a Moderate Buy analyst consensus rating on MTH, based on 8 reviews with a 5-3 split between Buys and Holds. The shares are selling for $132.92, and their $164 average price target suggests an upside of 23% on the one-year horizon.\nTopBuild Corporation(BLD)\nHomebuilders offer an essential product, but they are also customers. TopBuild is a specialist in insulation and building materials for the residential, commercial, and industrial construction markets. The company’s business model includes installation and specialty distributions, and its work ethic is based on operational excellence and solid execution.\nThe company has set a course toward expansion through acquisition – and in July of this year entered into a $960 million all-cash deal to acquire Specialty Products and Insulation. The move will be funded through both cash-on-hand and loans, and due to the transaction. TopBuild will benefit from a $90 million tax asset.\nSince its founding, TopBuild has built itself into an $8.5 billion giant of the construction industry. TopBuild’s revenues have reflected this success, and mostly show a pattern of quarter-over-quarter gains over the past several years. For the most recent quarter, 3Q23, TopBuild reported a top line of nearly $1.33 billion, for a 2.3% year-over-year increase – and beating the forecast by almost $40 million. The company’s EPS, $5.43 by non-GAAP measures, was 13% better than in the year-ago quarter and was 87 cents better than the estimates.\nAhlersmeyer takes a long-term upbeat view of BLD shares, based on a combination of forming tailwinds and sound product demand, writing in his recent note, “Single-family remains resilient and we continue to see tailwinds on the horizon from energy efficiency… Looking to next year, BLD naturally views early signs of solid single-family starts into ‘24 as an important driver of potential growth, and see demand in multi-family as solid partway into next year on still elevated backlogs, despite the slowdown in starts. The outlook for rates appears to have turned a corner in recent days, but even the company’s comments before the Fed meeting Thursday showed that BLD’s posture remains positive on demand, and oriented toward growth in the year ahead.”\nThe analyst goes to rate TopBuild as a stock to Buy, and while the price target is lowered from $372 to $367, it still points toward a 37% share price increase in the next 12 months.\nOverall, BLD shares get a Moderate Buy consensus rating based on an even split of 4-4 between Buys and Holds among the analyst reviews. The shares are selling for $268.54 and their $312.57 average target price implies a 16% one-year upside potential.\nBeacon Roofing Supply(BECN)\nWhat’s a home without a roof? The last Deutsche Bank pick is Beacon Roofing Supply, a major supplier of roofing materials to the home construction industry. The company offers a wide range of brands, including some of the industry’s best-known names, as well as roofing products of every sort. Builders can find asphalt shingles, tile and wood roofing, slate and other natural shingles, metal sheeting, and various roof rolling materials for the low-slope roofs commonly encountered in light industry and commercial projects.\nWhile the company’s chief products are for roofing, Beacon also offers building materials of other sorts. Customers can find lumber and composite materials, plywood products, decking materials, skylights and window installations, even HVAC ducting and installations.\nBeacon’s leading position in its field has pushed it to a $4.70 billion market cap, while the company’s revenues show a highly seasonal pattern. That pattern is simple – Beacon scores its highest quarterly revenue during the warm months of Q2 and Q3, when roofing work booms. Business slows down during the winter. In the last quarter reported, 3Q23, the company’s revenues came in at $2.58 billion, for a 6.6% increase from the previous year’s third quarter, roughly in-line with the Street’s $2.59 billion forecast. On earnings, the company’s adj. EPS came to $2.85, conclusively outpacing the $2.54 consensus estimate. Looking ahead, management raised its FY23 EBITDA guidance from the prior $850-890 million range to between $910-930 million, thereby implying 4Q EBITDA of $197-217 million, exceeding the $186 million the analysts were looking for.\nDeutsche Bank’s Ahlersmeyer liked what he saw in the quarter and points out an anticipated investor-pleasing move. “The company again expects to do buybacks in ’23 after recently pausing them following the repurchase all of its outstanding preferred equity in July. No doubt, stronger FCF offers the opportunity to once again take advantage of the stock’s attractive valuation. We expect continued solid execution in the coming quarters,” he wrote.\nAll of this added up to a Buy rating for Ahlersmeyer, who increased his price target from $108 to $114, suggesting an upside of ~55% in the year ahead.\nOnce again, we’re looking at a stock with 8 recent analyst reviews and a Moderate Buy consensus rating based on 4 Buys and Holds, each. The stock is selling for $73.61 and its $97.38 average price target implies a 32% gain in the year ahead. (SeeBeacon stock forecast)\nTo find good ideas for stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.\nDisclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.', 'For investors seeking a bargain, this past week has presented some interesting developments – but it will require a bit of explanation. To start with, we saw a retreat in Treasury bond yields and mortgage rates during the first few days of November. The yield on the 10-year Treasury bond slipped to its lowest level since mid-October, and it now stands near 4.6%. Mortgage rates, which had climbed well above 8% in October, frequently move in tandem with the 10-year note, and the average 30-year mortgage rate is now back down below 8%. These are good moves for stock investors. A decline in bond rates usually indicates a shift back toward equities, and more affordable mortgages will give a boost to homebuilder stocks. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $689,928,628,156 - Hash Rate: 462656326.7648482 - Transaction Count: 583201.0 - Unique Addresses: 837044.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It's felt like old times in the crypto markets as traders celebrated the first proper "Uptober" (October in crypto speak) in a while, with Bitcoin gaining around 28% by month's end. Meanwhile, the start of November has seen altcoins get a piece of the action with XRP rising around 20% over the past week as Dogecoin and Cardano have likewise posted double digit gains. All of this reflects the return of what market watchers like to call "risk on" behavior—or what skeptics might prefer to call "Let's hit the casino, boys!" The basic idea is that, as the vibe around crypto improves, more traders are willing to seek out investments that offer high risk but the potential for high rewards. As analyst Noelle Acheson hasnoted, the recent rally has been fueled by the return of leverage as more traders borrow money to supersize their bet on a variety of exotic tokens. Meanwhile, the crypto derivatives market is humming again as people are buying stablecoins from DeFi platforms to try their luck on perpetual futures contracts and similar bets that those of us without a Ph.D. in math would be crazy to go near. The question is what this all means. As is the case with most crypto market price swings, there appears to be no single cause to explain the current rally. Instead, there is a series of potential factors driving the current mini-boom—including a growing consensus that Crypto Winter is over at last and that better times are on the way. Don't underestimate how much sentiment, bad or good, drives the market—and especially the crypto markets. If the current altcoin rally lasts, though, the thing I am most curious to see is if traders put a new premium on fundamentals—however you want to define that term when it comes to crypto. In past bull markets, few investors bothered to look for anything resembling empirical evidence to justify throwing their money at the fly-by-night coin du jour. Instead, they relied on half-baked advice from their taxi driver or personal trainer, or accepted the claims of bag holders and bot armies on X. Number go up and all that. This time around, it would be nice to see crypto traders return to the market older and wiser after the many debacles of the last cycle. And just maybe the price of altcoins will rise because they have found a novel application or because a critical mass of people are using them for something beyond blind speculation. That's the optimistic case. But if this new cycle proves to be driven again by mindless gambling, we can look forward to the same bad hangover that's become a defining feature of the crypto industry. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/misfits-of-science', 'What privacy benefits am I forfeiting by running my Bitcoin over clearnet instead of Tor?', 17, '2023-11-08 01:13', 'https://www.reddit.com/r/Bitcoin/comments/17q8s3j/what_privacy_benefits_am_i_forfeiting_by_running/', "Long time accumulator (2015) and fan, first time poster.\n\nI downloaded and installed Bitcoin Core on an AWS server today. At the current rate, it'll take me twenty-five hours to get sync'd up. \n\nI'd like to understand the privacy vulnerabilities implied by running the full node on clearnet instead of behind Tor. I've googled but am getting some conflicting information.\n\n* Presumably anyone who probes my AWS public IP will see port 8333 is open. They'll know a Bitcoin node lives there. That doesn't particularly bother me; It's not illegal to run a node.\n* Of greater concern is having an outbound transaction tied back to me. If I relay a TX through my node, is there any way to prove that particular transaction is tied to a private key owned by me? I mean, as a full node operator, *tons* of transactions will be relayed through there, yeah? Seems like my own transaction would just be one of many. There's no special flag in the protocol indicating that I originated it, correct? \n\nWhat're the downsides (if any) of running Bitcoin Core over Tor? Tor looks incredibly easy to configure, yet most nodes are on clearnet, and I'm wondering if there's a reason for that.", 'https://www.reddit.com/r/Bitcoin/comments/17q8s3j/what_privacy_benefits_am_i_forfeiting_by_running/', '17q8s3j', [['u/TheGreatMuffin', 12, '2023-11-08 02:17', 'https://www.reddit.com/r/Bitcoin/comments/17q8s3j/what_privacy_benefits_am_i_forfeiting_by_running/k8ap3g6/', "> There's no special flag in the protocol indicating that I originated it, correct? \n\nThat's correct. However, if your node is connected to a well-connected spying node, and that spying node sees that a particular transaction was first forwarded from your node, before other nodes forwarded it, the spying node might make a reasonable conclusion that your node is the actual origin of the transaction. Chain analysis firms run a plethora of nodes for such similar reasons. \n\nAnyway, if you are worried about your privacy, you really shouldn't be using AWS in the first place, which can easily spy not just on your node activity, but also connect it to your real life identity.", '17q8s3j']]], ['u/Huge-River-58833', "AITA For telling my husband about our daughter's affair?", 196, '2023-11-08 01:22', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/', "I'm a 60-year-old mother, and I'm facing a difficult situation that has been weighing heavily on my heart. I'll try to provide all the details, so please bear with me.\r \n\r \nMy daughter (35F) has been married to her husband (36M) for 10 years. They got together when she was 21, married at 25, and have a 10-year-old son together. My son-in-law is a successful electrician and an all-around great guy. He's been a wonderful husband and father, and we've grown close over the years.\r \n\r \nRecently, my daughter started an affair with a wealthy 25-year-old man she met at a party, organized by one of her friends who works for the wealthy guy. This affair has been ongoing for six months now, and it even reached the point where her new partner met our grandchild two months ago, though he was asked not to tell my son-in-law about it.\r \n\r \nThe new guy is rich and they've been jet-setting around the world on lavish vacations, using helicopters, private jets, you name it. She explained that the extravagant lifestyle was what attracted her to him. He's a 25-year-old stockbroker who invested in Bitcoin early, and his investments paid off big time. He even acquired the majority of shares in a local pharmaceutical company and is now the CEO. He owns other businesses too.\r \n\r \nMy daughter loves her husband but doesn't want to return to a middle-class lifestyle. She's torn between staying with her husband and choosing the allure of wealth with her new partner. She's asked me not to tell my husband, but I felt it was necessary to be open with him, and now she's upset with me for doing so. I'm having mixed feelings about whether it was the right decision. Maybe I was the asshole for exposing her. \r \n\r \nMy son (28M) has known about the affair since it started but didn't say anything as he felt it wasn't his business. My daughter has been lying to her husband about Thanksgiving and Christmas plans, telling him she's visiting old friends when, in reality, she's going on luxurious vacations with her affair partner.\r \n\r \nMy husband and I are at a loss about what to do next. We don't want to jeopardize our relationship with our son-in-law, who is oblivious to this situation, but we also want the best for our daughter and grandson. We feel caught in the middle, and the guilt is eating away at us.\r \n\r \n", 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/', '17q8ylm', [['u/wphelps153', 332, '2023-11-08 01:35', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8aizl8/', 'YTA for not doing the slightest bit of research before writing this utter nonsense. \n\nIn the unlikely event that this is true, you’re still YTA for not telling the husband.', '17q8ylm'], ['u/CulturalEmu3548', 24, '2023-11-08 01:36', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8aj3qg/', 'Your daughter sounds horrible. Are these the values you raised her with? And you’re just going along with this? Shame on you! \n\nShe will end up alone and she deserves it.', '17q8ylm'], ['u/Hammify', 1187, '2023-11-08 01:38', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8ajg3g/', 'Omg your daughter is a monster. An unfaithful lying gold digging monster. Shame on her.\n\nYour freaking grandson is going to go through hard times because of your daughter. I’d throw the brick at her if she was my daughter. Shame.\n\nAll because of money? The root of all evil? This young rich guy is just gonna keep banging her until he’s bored then find another woman. Yet your daughter? Threw away a marriage.\n\nYou’re NTA but this has to stop.', '17q8ylm'], ['u/Fine-Geologist-695', 18, '2023-11-08 01:39', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8ajn5u/', 'All things being equal, if my daughter was behaving this way I would feel obligated to disclose this to my wife (and very likely my SIL) because it’s the right thing to do even if it isn’t my responsibility and would very likely end my relationship with her.\n\nI would not want my grandchildren to have to deal with a mother off jet setting leaving her family behind on major holidays, it’s despicable and setting a terrible example.\n\nFor telling your husband something of this magnitude I would say you are NTA. TBH, even if you were it’s still the right thing to do for your own sanity because having that information and hiding it from your husband can and would likely cause issues between you when it does come to light.', '17q8ylm'], ['u/Fun_Concentrate_7844', 33, '2023-11-08 01:55', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8alykx/', 'YTA Not telling your SIL is the same as condoning it. Grow a pair and tell her she tells him or you will.', '17q8ylm'], ['u/KMK_Direct', 50, '2023-11-08 02:02', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8amwii/', 'Right, he would have had to invest in bitcoin when he was like 12 for this to make any sense.', '17q8ylm'], ['u/JTD177', 13, '2023-11-08 02:14', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8aoluv/', 'So your daughter is a high priced prostitute and you are ok with that?', '17q8ylm'], ['u/Still_Storm7432', 20, '2023-11-08 02:19', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8apf7o/', 'The trolls are in desperate need of attention tonight', '17q8ylm'], ['u/ichijiro', 18, '2023-11-08 02:40', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8asiwe/', 'If he started as 15 that would Been 2012-13, just 3-4 years after Bitcoin started.', '17q8ylm'], ['u/Significant-Owl5869', 281, '2023-11-08 02:56', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8aurc2/', 'This is fake yall calm down lol', '17q8ylm'], ['u/ScamIam', 212, '2023-11-08 03:14', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8axcxc/', 'Also hilarious that they’ve managed to take *multiple* luxury vacations in the mere six months they’ve been dating and her husband is none the wiser that his wife apparently keeps disappearing for days on end.\n\nIt’s like the trolls aren’t even trying any more', '17q8ylm'], ['u/Nedstarkclash', 10, '2023-11-08 03:17', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8axrf2/', 'LOL. 25 year old bitcoin investor who is CEO of a pharmaceutical firm? LOL!', '17q8ylm'], ['u/Jo_Doc2505', 22, '2023-11-08 03:23', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8aym5h/', "There's been a lot of posts on this theme recently, like the woman who is unsure whether to meet her son's AP", '17q8ylm'], ['u/stardustandtreacle', 203, '2023-11-08 03:29', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8azhzq/', 'Sooooooo fake.', '17q8ylm'], ['u/darthmushu', 19, '2023-11-08 03:36', 'https://www.reddit.com/r/AITAH/comments/17q8ylm/aita_for_telling_my_husband_about_our_daughters/k8b0et1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Karen Brettell NEW YORK (Reuters) - The dollar gained on Thursday and hit a one-week high against the Japanese yen after Federal Reserve Chair Jerome Powell said that Fed policymakers are "are not confident" that interest rates are yet high enough to finish the battle with inflation. The dollar index was last up 0.35% on the day at 105.86. The euro fell 0.37% to $1.0671. The dollar gained 0.21% to 151.29 Japanese yen, the highest since Nov. 1. Traders remained on alert for potential intervention to shore up the struggling Japanese currency, which is near a one-year low of 151.74 reached last week. The dollar’s rally in the wake of Powell’s comments also came after a brief spike higher on the back of a weak auction of 30-year Treasury bonds, which sent yields higher across Treasury maturities. “I don’t think Powell said anything significantly new, but I think the markets took his comments as somewhat hawkish. But I also think the rates market was still somewhat jittery after the auction so higher yields was the path of least resistance,” said Vassili Serebriakov, an FX strategist at UBS in New York. The dollar benefited from the run-up in Treasury yields over the past few months, but dropped last week as yields also fell sharply. This came after Powell was interpreted as striking a dovish tone after the Fed’s two-day meeting, with softer-then-expected jobs data on Friday adding to a belief that the Fed has finished hiking interest rates. Some Fed officials this week have adopted a more hawkish outlook and stressed that further rate hikes remained on the table if inflation doesn’t continue to come down closer to the Fed’s 2% annual target. “They don’t think their job in inflation is done. I think there is some divergence of opinion in terms of whether they should hike more. It seems that the base case is that they don’t, they want to be patient and assess how the impact of hikes has translated into the economy,” said Serebriakov. Story continues Richmond Fed President Thomas Barkin said on Thursday said that while there\'s been "real progress" on inflation, he is still unsure if the U.S. central bank will need to push its policy rate higher to finish the job. Fed Bank of St. Louis acting leader Kathleen O’Neill Paese also said Thursday she\'s concerned those watching the central bank may not be fully taking on board its commitment to lowering inflation. Fed funds futures traders are now pricing in a 25% chance of an additional hike by January, up from 19% on Thursday morning but down from 28% a week ago, according to the CME Group’s FedWatch Tool. Traders are weighing whether the greenback is likely to weaken against other major currencies if the U.S. economy slows as expected, or if even more dour outlooks for growth in other regions will keep the dollar bid. “The market is increasingly looking at growth rather than interest rate differentials as the driver in the currency market and increasingly the market is concluding that it’s only the U.S. that can continue to grow with rates in the 5% range,” said Adam Button, chief currency analyst at ForexLive in Toronto. Meanwhile traders will remain focused on the Japanese yen as it holds above the 150 level against the U.S. dollar where Japanese authorities are seen as possibly stepping in. Concerns over a possible intervention in the currency pair has also led some investors to bet on further yen weakness against the euro instead of the greenback. The single currency reached a 15-year top of 161.80 on Thursday. The Australian dollar fell to a one-week low of $0.6364 on Thursday. It has tumbled since the Reserve Bank of Australia on Tuesday raised interest rates to a 12-year high but played down the probability of further increases. In cryptocurrencies, Bitcoin reached $37,978, the highest since May 2022, before falling back to $36,326. ======================================================== Currency bid prices at 3:06PM (2006 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 105.8600 105.5000 +0.35% 2.290% +105.9700 +105.3700 Euro/Dollar $1.0671 $1.0710 -0.37% -0.42% +$1.0726 +$1.0660 Dollar/Yen 151.2850 150.9650 +0.21% +15.39% +151.3800 +150.7700 Euro/Yen 161.43 161.67 -0.15% +15.06% +161.7900 +161.3700 Dollar/Swiss 0.9033 0.8993 +0.47% -2.29% +0.9041 +0.8990 Sterling/Dollar $1.2225 $1.2285 -0.48% +1.09% +$1.2308 +$1.2213 Dollar/Canadian 1.3808 1.3792 +0.14% +1.93% +1.3816 +1.3747 Aussie/Dollar $0.6373 $0.6402 -0.50% -6.55% +$0.6428 +$0.6364 Euro/Swiss 0.9638 0.9628 +0.10% -2.60% +0.9648 +0.9620 Euro/Sterling 0.8727 0.8716 +0.13% -1.32% +0.8729 +0.8694 NZ $0.5906 $0.5912 -0.10% -6.99% +$0.5954 +$0.5901 Dollar/Dollar Dollar/Norway 11.2010 11.1710 +0.47% +14.36% +11.2210 +11.1100 Euro/Norway 11.9570 11.9598 -0.02% +13.94% +11.9851 +11.9020 Dollar/Sweden 10.9122 10.8906 -0.19% +4.85% +10.9190 +10.8300 Euro/Sweden 11.6446 11.6670 -0.19% +4.44% +11.6745 +11.6150 (Reporting by Karen Brettell; Additional reporting by Alun John in London; Editing by Bernadette Baum and Andrea Ricci)', '• US stocks finished mixed on Wednesday as the S&P 500 and Nasdaq extended their winning streaks.\n• Investors are awaiting comments from Fed Chairman Jerome Powell on Thursday.\n• Treasury yields continued to fall, but an auction of 10-year bonds saw lackluster demand.\nUS stocks finished mixed on Wednesday as the S&P 500 and Nasdaq extended their winning streaks, while the Dow ended its string of gains.\nThe S&P 500 has now advanced for eight straight sessions, and the Nasdaq is up nine days in a row. Both are the longest rallies since 2021. The Dow snapped its seven-day win streak.\nInvestor willingness to keep the rally up will be tested by upcoming Federal Reserve commentary, with Chairman Jerome Powell set to speak during a Thursday panel about monetary policy.\nWhile central bankers kept rates steady last week, some have not taken hikes off the table as inflation remains elevated.\xa0Earlier on Wednesday, Fed Governor Lisa Cook noted that inflation could still surge, especially given geopolitical challenges.\nMeanwhile, Treasury yields continued their descent from prior highs, but Wednesday\'s $40 billion auction of 10-year notes saw lukewarm demand.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 4,382.78, up 0.10%\n• Dow Jones Industrial Average: 34,112.27, down 0.12% (40.33 points)\n• Nasdaq Composite: 13,650.41, up 0.08%\nHere\'s what else happened today:\n• "Bond King" Jeffrey Gundlach warned of rising debt and impending recession — read hisbest interview quotes here.\n• WeWork\'s end is the start of abroader collapse in zombie companies, a market veteran said.\n• Nothing works better than 30-year Treasurysafter the end of Fed tightening, David Rosenberg said.\n• Thesupply of bitcoin in circulation is at a historic low.\n• Exxon Mobil beat Tesla as the most shorted stock. Check outthe top 10 market shorts.\n• Warner Bros. Discovery stocksank 16% after a weak earnings report.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.5% to $75.63 a barrel.Brent crude, the international benchmark, dropped 2.2% to $79.56 a barrel.\n• Goldfell 1.03% to $1,949.38 per ounce.\n• The 10-year Treasury yield shed 5.8 basis points to 4.513%.\n• Bitcoininched up 0.25% to $35,520.\nRead the original article onBusiness Insider', 'Getty Images US stocks finished mixed on Wednesday as the S&P 500 and Nasdaq extended their winning streaks. Investors are awaiting comments from Fed Chairman Jerome Powell on Thursday. Treasury yields continued to fall, but an auction of 10-year bonds saw lackluster demand. US stocks finished mixed on Wednesday as the S&P 500 and Nasdaq extended their winning streaks, while the Dow ended its string of gains. The S&P 500 has now advanced for eight straight sessions, and the Nasdaq is up nine days in a row. Both are the longest rallies since 2021. The Dow snapped its seven-day win streak. Investor willingness to keep the rally up will be tested by upcoming Federal Reserve commentary, with Chairman Jerome Powell set to speak during a Thursday panel about monetary policy. While central bankers kept rates steady last week, some have not taken hikes off the table as inflation remains elevated.\xa0Earlier on Wednesday, Fed Governor Lisa Cook noted that inflation could still surge, especially given geopolitical challenges. Meanwhile, Treasury yields continued their descent from prior highs, but Wednesday\'s $40 billion auction of 10-year notes saw lukewarm demand. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday: S&P 500 : 4,382.78, up 0.10% Dow Jones Industrial Average : 34,112.27, down 0.12% (40.33 points) Nasdaq Composite : 13,650.41, up 0.08% Here\'s what else happened today: "Bond King" Jeffrey Gundlach warned of rising debt and impending recession — read his best interview quotes here . WeWork\'s end is the start of a broader collapse in zombie companies , a market veteran said. Nothing works better than 30-year Treasurys after the end of Fed tightening, David Rosenberg said. The supply of bitcoin in circulation is at a historic low . Exxon Mobil beat Tesla as the most shorted stock. Check out the top 10 market shorts . Warner Bros. Discovery stock sank 16% after a weak earnings report . In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1.5% to $75.63 a barrel. Brent crude , the international benchmark, dropped 2.2% to $79.56 a barrel. Gold fell 1.03% to $1,949.38 per ounce. The 10-year Treasury yield shed 5.8 basis points to 4.513%. Bitcoin inched up 0.25% to $35,520. Read the original article on Business Insider', "According to Bloomberg analysts, the Securities and Exchange Commission (SEC) has a small window starting tomorrow to potentially approve 12 pendingBitcoin (BTC)exchange-traded fund (ETF) applications, including the BlackRock iShares Spot Bitcoin ETF and the conversion of the G **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $716,975,477,512 - Hash Rate: 444025870.65351206 - Transaction Count: 573466.0 - Unique Addresses: 832393.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US Markets • S&P 500, Nasdaq Set To Bounce Back On Tesla, Apple Strength: Why This Analyst Expects Year To End Without 'Too Much Damage' • Tesla, Crinetics Pharmaceuticals And Other Big Stocks Moving Higher In Monday's Pre-Market Session • This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In RH - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts • Investor Sentiment Improves Slightly After S&P 500 Ends Three-Session Losing Streak Crypto • Harry Potter And Obama-Inspired Meme Coin Leaves Dogecoin, Shiba Inu Licking Wounds With Whopping 28% Jump • FTX Shells Out Roughly $750K To Shaquille O'Neal Amid Multi-Million Dollar Celebrity Endorsements • Ethereum Co-Creator Vitalik Buterin's X Account Reportedly Breached, Hacker Makes Away With $690K • Shiba Inu Burn Rate Spikes 330% In A Single Day After Shibarium Sets New Record • Coinbase CEO Wants Gary Gensler Out of SEC, Says His Removal In 2024 Could 'Certainly Help • Bitcoin User Pays Record $500,000 Fee For Single Transaction — Jameson Lopp Points To Withdraw-Only Wallet • Bitcoin, Ethereum, Dogecoin Fall As Investors Await Key Inflation Numbers: Analyst Says King Crypto To Rally Above $100K After 2024 Halving • Crypto Crash: Over 80% Of Shiba Inu And Other Crypto Investors Are Underwater • Venture Capitalist Who Predicted 2022 Crypto Market Bottom Expects 2,500% Rally For Solana US Politics • Bill Ackman Calls For Strong Alternatives To 'Very Beatable' Biden And Trump, But Tells Why He Won't Run For 2024 World Politics • Biden Faces Criticism For Failing To Unite G20 Leaders In Condemning Russia: 'A Slap In The Face To Zelenskyy' • Kim Jong Un-Russia Meeting Labeled 'Act Of Desperation' By VP Kamala Harris: It Is A 'Huge Mistake' World Economy • Biden Speculates China's Economic Woes May Deter Taiwan Invasion: 'Probably Doesn't Have The Same Capacity As ... Before' Electric Vehicles • Nio To Unveil Next EV Offering Online This Week: What You Need To Know About EC6 • Tesla's Elon Musk Predicts Demise Of Volkswagen, GM If They Don't Switch To Autonomous EVs Pronto • Elon Musk Biographer Walter Isaacson's Interview Raises Speculations On Tesla Robotaxi Design Tech • Apple's Value Plummets $190B In 2 Days: Is iPhone Launch Week Always Troubled? • Mark Zuckerberg's Meta Plans To Take On OpenAI With GPT-4 Challenger: Report • Instacart Targets Less Than $10B Valuation In Upcoming IPO, Significantly Lower Than Previous Funding Round • Is Apple Ditching Silicone Accessories? Big Changes Coming For iPhone Cases, Apple Watch Bands And More • Apple's Premium iPhones To See Price Hike in Select Markets, Says Gurman: How Cupertino Attracts Users To Pricier Models Amid Tough Economic Environment Communications • X Ad Revenue Payouts, Instagram's 'Send Gifts' And YouTube's Partner Program: How To Profit From The Changing The Creator Economy Consumer • How A United Auto Workers Strike Could Cost US Economy Billions Space • Elon Musk Says SpaceX Has Resolved 57 FAA-Demanded Fixes For Starship's Next Flight Don't miss real-time alerts on your stocks - joinBenzinga Profor free!Try the tool that will help you invest smarter, faster, and better. This articleS&P 500 and Nasdaq Set To Bounce Back; Bitcoin, Ethereum, Dogecoin Fall - Top Headlines Today While US Was Sleepingoriginally appeared onBenzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/spartikle', "What's Going on with ETH?", 369, '2023-11-09 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/', 'Since September 1st, BTC is up 40%, SOL is up 100%, LINK is up 150%, MATIC is up 46%, ADA is up 40%, DOT is up 30%. AVAX is up 31%. And ETH… ETH is up 16%. These are all large-cap tokens too. Even DOGE is up higher than ETH (19%). ETH dominance is dropping to its lowest level since the 2022 summer crash, both against BTC and against other altcoins. Historically, ETH rises after BTC rallies, followed by other altcoins. This time, it seems ETH is being more or less left out. Does this signal ETH isn’t going to perform as strongly as anticipated in this next bull cycle? Curious if there are any tangible reasons behind ETH\'s poor performance lately, or if it\'s just a matter of "crypto is gonna crypto."', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/', '17qzmr0', [['u/tilac', 11, '2023-11-09 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fk7cq/', 'After the Bitcoin ETFs then come the Ether ETFs. It will get the hype this bull run but maybe not brain melting for a while.', '17qzmr0'], ['u/tianavitoli', 229, '2023-11-09 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fknij/', "doge is up 19%... but eth is only up 16%...\n\nomg like i totally can't even", '17qzmr0'], ['u/This_Red_Apple', 16, '2023-11-09 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fla58/', 'Too early to judge I think. ETH will rally eventually. At least long enough for the articles questioning why it hasn\'t happened to be posted. It happens often. \n\n"Bitcoin showing strength despite \\[placeholder\\]" a week later it crashes.. \n\n\n"ETH dominance on the rise despite bitcoin crash. Flippening imminent?" a few weeks later crashes', '17qzmr0'], ['u/tianavitoli', 25, '2023-11-09 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8flvsu/', 'way overthinking it mate <3', '17qzmr0'], ['u/Interesting-Chip-500', 17, '2023-11-09 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fmc6v/', "I think a lot of people are using eth to ape into low caps.. if low caps run up.. then back into eth.. idk.. eth went from $900 to where it is now.. so that's a 2x.. btc 2x.. so it depends on where you measure the low and when..", '17qzmr0'], ['u/marsangelo', 80, '2023-11-09 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fmdr0/', 'ETH is probably the most liquid aside from BTC, so naturally its volatility is much lower than altcoins. It will certainly catch up. BTC is up a significant amount via the ETF narrative and also kind of acts as a proxy for crypto as a whole.\n\nI dont think this phase the market is in is really any solid indicator of performance over the next market cycle, right now narratives are in the drivers seat.', '17qzmr0'], ['u/spartikle', 14, '2023-11-09 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fmwar/', 'That’s a good point. Hopefully the impact of the ETF narrative plays out similarly with ETH next year.', '17qzmr0'], ['u/marsangelo', 20, '2023-11-09 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fn8q2/', 'That seems to be alot of what im seeing. The ETH spot ETF will be a HUGE gamechanger because of the natural yield-bearing mechanic on the network layer', '17qzmr0'], ['u/AfroAmTnT', 178, '2023-11-09 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fnhfb/', 'ETH will have a +25 % day out of the blue', '17qzmr0'], ['u/imsatansson', 356, '2023-11-09 01:51', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8frjum/', 'I think the sooner y’all stop trying to rationalize a highly emotional, volatile market, the sooner you’ll find peace lmao', '17qzmr0'], ['u/ABena2t', 133, '2023-11-09 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8frm87/', '.....only in crypto does someone complain about a 16% gain. lol', '17qzmr0'], ['u/Suspicious_Santa', 574, '2023-11-09 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8frpcq/', 'Instead of comparing the performance from an arbitrary point in time, you might want to look how far down each of these are down from their ATHs. Different picture.', '17qzmr0'], ['u/Grymninja', 18, '2023-11-09 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fsbw8/', 'Eth is graciously allowing us more time to load up. Good guy eth.', '17qzmr0'], ['u/spartikle', 14, '2023-11-09 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fsowg/', 'Opportunity cost mate', '17qzmr0'], ['u/smellybarbiefeet', 96, '2023-11-09 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fsvai/', 'Eth is up 42% on the year what are you crying about', '17qzmr0'], ['u/Ninja_Gogen', 46, '2023-11-09 02:01', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8ft179/', 'This. Eth is next in line.', '17qzmr0'], ['u/imsatansson', 31, '2023-11-09 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8ft710/', 'Honestly, my guess would be that many people are hunting for their moonshots currently and diversifying out of ETH into smaller cap ERCs', '17qzmr0'], ['u/SufficientNet9227', 11, '2023-11-09 02:04', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8ftgne/', 'Still a great time to dca in ETH', '17qzmr0'], ['u/smellybarbiefeet', 18, '2023-11-09 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fts44/', 'Eth isn’t going anywhere it pretty much runs the rest of the block chain', '17qzmr0'], ['u/Quixote0630', 832, '2023-11-09 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fujrn/', 'I sold 0.25 ETH and moved it into other coins, so the market is probably still in shock.', '17qzmr0'], ['u/chance_waters', 14, '2023-11-09 02:14', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fuzls/', 'Hello real human account named interesting-chip-500. Please give me more information on this Solana project.', '17qzmr0'], ['u/BMX_ROIDZ', 225, '2023-11-09 02:40', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fyser/', "Same shit happened last cycle. Eth lagged until it didn't. People were talking mad shit, then Eth hit $5k.", '17qzmr0'], ['u/pantuso_eth', 18, '2023-11-09 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8fz0rf/', "We're waiting until it's 4k to buy, then fomo rage buy at 10k, then sell at 6k. See? It still has a ways to go before we all buy", '17qzmr0'], ['u/Ghola_Mentat', 39, '2023-11-09 02:49', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g04ji/', 'The real BTC rally hasn’t even really started. The “customary” ETH rally is months if not more than a year away. You’re looking at too short a timeframe.', '17qzmr0'], ['u/ImnotasuglyasIlook', 79, '2023-11-09 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g155p/', "I've been tempted to re-allocate some of my ETH, but I just know as soon as I do, ETH will moon lmao. So obviously, I am holding up the market. Hopefully someone else with the same curse as me, caves and sells their ETH soon, so we can finally see some serious green candles.", '17qzmr0'], ['u/hcollector', 25, '2023-11-09 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g2ivg/', "ETH also did nothing in late 2020 early 2021 and then suddenly outperformed bitcoin by 4x. It's a late bloomer.", '17qzmr0'], ['u/torquemada90', 71, '2023-11-09 03:38', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g79zj/', "True. Matic for example dropped from over $1 TO .5 in about a month and hasn't really recovered from that. Let alone its ath", '17qzmr0'], ['u/126270', 43, '2023-11-09 03:50', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g936j/', 'TIL: Ada up 42% , so this means I’m only down 58% now?', '17qzmr0'], ['u/MrArtless', 22, '2023-11-09 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g9hj1/', 'Serious answer: the main problem is eth never really capitulated like the rest of these alts did. It was just too strong. So the ones that are mooning are the ones that got gigafucked and have a lot more room to make up. But no it’s actually a sign that eth is going to pump way harder when the time is right.', '17qzmr0'], ['u/house-knicker', 28, '2023-11-09 03:54', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8g9jkr/', 'The better picture is going to be their respective ALTBTC charts. ALTUSD only tells half of the story. Ex: the latest ETH pump happened simply because ETHBTC bottomed on lower time frames.', '17qzmr0'], ['u/Wrathwilde', 14, '2023-11-09 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8gaeee/', 'It will invariably be the day after you can’t stand it anymore, and move it to the newest hot coin.', '17qzmr0'], ['u/jll027', 18, '2023-11-09 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8gagsp/', 'I call bull. If you sold, then ETH would be mooning.', '17qzmr0'], ['u/Womec', 31, '2023-11-09 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/17qzmr0/whats_going_on_with_eth/k8gbawf/', '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:** ['Arrington Capital, USBitcoinCorp., Proof Group,Steve KokinosandRavi Kazacomprised group that won the bid for Celsius Assets earlier this year\nMIAMI,Nov. 9, 2023/CNW/ --Arrington Capital, a thesis-driven firm investing in digital assets and Web3 since 2017, today announced that the Chapter 11 plan for the Celsius bankruptcy proceedings the firm has been involved in wasconfirmedby the United States Bankruptcy Court for the Southern District ofNew York.\nArrington Capital, part of aconsortium that emerged as the winning bidderin the Celsius bankruptcy auction, collaborated with key players including USBitcoinCorp., Proof Group,Steven Kokinos, andRavi Kaza. The consortium\'s proposed plan received overwhelming support from creditors, with 95% of voters in favor, during a recent vote earlier this month. The confirmed plan outlines a strategic approach, providing capital, management team, and technology required to establish and operate the new entity as outlined in the bid, which will be implemented pursuant to a Chapter 11 plan.\nThe key provisions included a distribution of liquidcryptocurrencyto account holders, settlements with various groups, and the creation of a new public, regulatory compliant company that will manage Celsius\' illiquid assets. The new company will be overseen by a newly appointed Board of Directors.\n"This has been a lengthy and complicated process for all involved, but we are happy with the result. I am excited to see Celsius becoming a new version of itself - not something that all companies who failed last year will be able to do," saidMichael Arrington, Founder of Arrington Capital. "I\'m proud of the team that came together to stand up for creditors, and who are dedicated to building the future of Web3 finance."\n"Confirmation of the plan by the courts is a major milestone and brings us one step closer to ushering the new entity into its new chapter of growth," saidSteve Kokinos, proposed CEO of the new entity. "We look forward to sharing more and engaging further with the Celsius community on our plans for the new organization."\nDriven by a long-term vision for Web3, Arrington Capital, USBitcoin, Proof Group,Ravi KazaandSteve Kokinosjoined the Celsius proceedings in 2023 with a commitment to rectify issues for creditors and contribute to a positive outcome for the broader industry. Despite the challenges faced by large web3 companies last year, Celsius stands out as a company well-positioned to be reinvented under the consortium\'s stewardship.\nAbout Arrington CapitalArrington Capital is a digital asset management firm primarily focused on blockchain-based capital markets. The firm, founded in 2017 by TechCrunch and CrunchBase founderMichael Arrington, TechCrunch CEOHeather HardeandGeoffrey Arone, has invested in hundreds of startups around the world. Arrington Capital is a seasoned, international team composed of Silicon Valley veterans and operators with deep venture capital experience andcryptonative roots. Arrington Capital\'s first fund was ArringtonXRPCapital, and has expanded to multiple funds over time. For more information on Arrington Capital, visithttps://www.arringtoncapital.com/.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/consortium-behind-winning-bid-for-celsius-bankruptcy-proceedings-provides-update-as-chapter-11-plan-confirmed-by-court-301984129.html\nSOURCE Arrington Capital\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/November2023/09/c4153.html', 'By Rae Wee\nSINGAPORE, Nov 10 (Reuters) - The dollar was headed for its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water on market expectations of a peak in U.S. rates.\nIn cryptocurrencies, bitcoin and ether held near multi-month highs, with renewed speculation over the imminent approval of an exchange-traded bitcoin fund breathing new life into the digital assets.\nA slew of Fed policymakers including Powell on Thursday said they are still not sure that interest rates are high enough to finish the battle with inflation, comments taken as hawkish by markets and which sent the greenback rising.\nThe dollar stood near a one-year high at 151.38 yen on Friday and touched one-week highs against the Australian and New Zealand dollars.\n"Powell\'s speech was quite hawkish, and that just really hit sentiment," said Tina Teng, market analyst at CMC Markets.\nThe remarks from Fed officials came a week after the U.S. central bank left interest rates steady and cemented expectations that rates could have peaked, causing the dollar and Treasury yields to tumble in the aftermath.\nThe greenback, however, regained its footing this week and was eyeing a weekly gain of roughly 1.3% against the yen, its best performance since August.\n"Dollar/yen did trend higher this week and it\'s now back above 151. It does raise the risk of the BOJ stepping into the (forex) market to strengthen the yen, but I think markets are expecting no intervention unless dollar/yen moves to about 152," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.\nThe Aussie and the kiwi were likewise headed for a 2.4% and 1.8% weekly decline against the dollar respectively, also their steepest drop in months.\n"Even though we don\'t expect Powell to deliver on the tightening bias, that tightening bias does support the dollar," said Kong.\nThe Australian dollar last stood at $0.6359 after slipping to a one-week low of $0.6352 earlier in the session, while the New Zealand dollar was last at $0.5893, having similarly hit a one-week trough of $0.5886 earlier.\nFalling oil prices and a faltering economic recovery in China have also kept a lid on the Antipodean currencies.\nAustralia\'s central bank, in its quarterly Statement on Monetary Policy released on Friday, warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for economic growth and employment.\nElsewhere, the euro steadied at $1.0668, while sterling slipped 0.02% to $1.2218. They were both on track to lose 0.56% and 1.3% for the week, respectively.\nBitcoin, the world\'s largest cryptocurrency, meanwhile held near an 18-month high and last bought $36,519, having peaked at $37,978 in the previous session, its highest level since May 2022.\nThe second-largest cryptocurrency Ether last stood at $2,102.90, after similarly jumping to its highest since April of $2,131.50 in the previous session.\nPrices of the digital assets have surged on swirling speculation of an imminent approval of BlackRock\'s spot bitcoin ETF, with the asset management giant also having registered to create an ethereum trust.\n"The potential approval of spot ETFs by the (U.S. Securities and Exchange Commission) could significantly impact the cryptocurrency sector," said Carl Szantyr, managing partner of digital asset hedge fund Blockstone Capital.\n"Such an endorsement would make it more accessible for institutional investors to enter the crypto space, likely boosting demand and subsequently, prices."\n(Reporting by Rae Wee; Editing by Lincoln Feast.)', 'By Rae Wee SINGAPORE, Nov 10 (Reuters) - The dollar was headed for its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water on market expectations of a peak in U.S. rates. In cryptocurrencies, bitcoin and ether held near multi-month highs, with renewed speculation over the imminent approval of an exchange-traded bitcoin fund breathing new life into the digital assets. A slew of Fed policymakers including Powell on Thursday said they are still not sure that interest rates are high enough to finish the battle with inflation, comments taken as hawkish by markets and which sent the greenback rising. The dollar stood near a one-year high at 151.38 yen on Friday and touched one-week highs against the Australian and New Zealand dollars. "Powell\'s speech was quite hawkish, and that just really hit sentiment," said Tina Teng, market analyst at CMC Markets. The remarks from Fed officials came a week after the U.S. central bank left interest rates steady and cemented expectations that rates could have peaked, causing the dollar and Treasury yields to tumble in the aftermath. The greenback, however, regained its footing this week and was eyeing a weekly gain of roughly 1.3% against the yen, its best performance since August. "Dollar/yen did trend higher this week and it\'s now back above 151. It does raise the risk of the BOJ stepping into the (forex) market to strengthen the yen, but I think markets are expecting no intervention unless dollar/yen moves to about 152," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. The Aussie and the kiwi were likewise headed for a 2.4% and 1.8% weekly decline against the dollar respectively, also their steepest drop in months. "Even though we don\'t expect Powell to deliver on the tightening bias, that tightening bias does support the dollar," said Kong. Story continues The Australian dollar last stood at $0.6359 after slipping to a one-week low of $0.6352 earlier in the session, while the New Zealand dollar was last at $0.5893, having similarly hit a one-week trough of $0.5886 earlier. Falling oil prices and a faltering economic recovery in China have also kept a lid on the Antipodean currencies. Australia\'s central bank, in its quarterly Statement on Monetary Policy released on Friday, warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for economic growth and employment. Elsewhere, the euro steadied at $1.0668, while sterling slipped 0.02% to $1.2218. They were both on track to lose 0.56% and 1.3% for the week, respectively. Bitcoin, the world\'s largest cryptocurrency, meanwhile held **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $712,900,719,600 - Hash Rate: 478181706.8576284 - Transaction Count: 523831.0 - Unique Addresses: 848433.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin gained in Thursday afternoon trade in Asia. Ether and all other top 10 non-stablecoin cryptocurrencies rose with Solana leading gains. Toncoin was the only token to post a loss in the past 24 hours. Overall market sentiment was positive despite the U.S. consumer price index (CPI), released Wednesday, showing that U.S. inflationrosein August. See related article:FTX gets green light to sell US$3.4 billion in crypto assets Bitcoin rose 1.78% to US$26,364 in 24 hours to 4 p.m. in Hong Kong, according toCoinMarketCapdata. The largest cryptocurrency in the world gained 2.37% in the past seven days. Ether strengthened 2.3% to US$1,623 but slipped 0.73% on the week. “These positive sentiments came amid more regulatory battles in the United States between regulatory bodies and those working in the field of cryptocurrencies and their various applications,” said Samer Hasn, market analyst at multi-asset brokerage firm XS.com. The Securities and Exchange Commission (SEC)imposeda fine of US$1 million on the makers of Stoner Cats 2 non-fungible tokens (NFT) and its accompanying web series on charges of offering and selling unregistered securities as NFTs. Stoner Cats 2 has accepted the regulator’s cease-and-desist order and agreed to the US$1 million civil penalty. “A settlement to avoid a crushing SEC process without ‘admitting or denying’ anything is binding on no one. A cynic would call it a PR stunt. What matters is that when seriously challenged in court, the SEC continues to lose,” Stuart Alderoty, chief legal officer of Ripple,saidon X (formerly Twitter). Ripple is also fighting its own battle against the SEC. In July, a summary judgment by Judge Torresruledthat Ripple’s XRP sales to institutional investors violated securities laws, but sales on public exchanges to retail investors did not. However, the SEC submitted a filing last Friday that pushed the court of the Southern District of New York to appeal its ruling on the agency’s lawsuit against Ripple Labs. The SEC requested the court review its prior ruling by Judge Analisa Torres, which posed “knotty legal problems,” according to thefiling. Ripple’s XRP token gained 1.23% to US$0.4816, but weakened 3.72% in the past seven days. Solana was the day’s biggest gainer, rising 5.02% to US$18.81, but lost 3.86% on the week. Global payments giant Visawrotein a Tuesday research report that Solana blockchain “has attributes like high transaction throughput and scalability at low cost that help make it a good candidate for payments and Visa’s stablecoin settlement pilot.” It announced apartnershipwith Solana on Sept. 5 to expand its USDC stablecoin settlement pilot to Solana’s blockchain. The total crypto market capitalization rose 1.56% to 1.05 trillion while market volume dropped 12.87% to US$27.96 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. TheForkast 500 NFTindex dropped 1.85% in 24 hours to 6.45 p.m. in Hong Kong, bringing its weekly losses to 5.22%. Forkast’s Ethereum and Solana indexes also declined while the Polygon index rose 9.44%. Total NFT sales volume gained 43.13% to US$14.81 million in the past 24 hours, while the number of buyers increased 5.93%, according to CryptoSlamdata. Among blockchains, Ethereum topped rankings, rising 57.59% to US$8.47 million. Polygon and Mythos networks ranked second and third. Ethereum-based Bored Ape Yacht Club (BAYC) topped collections as sales volume jumped 465.76% to US$1.41 million in the past 24 hours. At the same time, Mythos-based DMarket and Polygon-based DraftKings ranked second and third. Bored Ape has introduced the Made By Apes (MBA) Bodega which will act as the official directory for all valid and active MBA licenses. “It’s been incredible to watch Apes build out their IP over the years. The directory is live pulling from on chain MBA licenses to display all the Bored Ape and Mutant Ape creations in one place. Keep your eyes peeled as more licenses are approved and added to the Bodega,” BAYCtweeted. Asian equity markets mostly rose on Thursday after the People’s Bank of Chinaannounceda 25 basis point reduction in the reserve requirement ratio – the amount of cash lenders must hold in reserve – for the second time this year to accelerate China’s economic recovery. The announcement does not apply to those that have already implemented a 5% reserve ratio. China’sShanghai Compositegained whileShenzhen Component Indexdropped. South Korea’sKospi, Hong Kong’sHang Seng, and Japan’sNikkei 225also strengthened. India’s benchmark indexSensexrose 0.08% at the close of trading hours on Thursday. Fitch Ratings on ThursdayretainedIndia’s growth forecast for the current fiscal at 6.3%, and 6.5% for next fiscal, as the world’s most populous nation continues to show resilience despite tighter monetary policy and weak exports. U.S. stock futures rose as of 7.30 p.m. in Hong Kong on Thursday. The Dow Jones Industrial Average futures, the S&P 500 futures, and the Nasdaq 100 Futures were all in the green. The U.S.Consumer Price Index (CPI),a key inflation indicator, rose 3.7% on year in August, an acceleration from 3.2% in July. The August CPI also booked a monthly gain of 0.6%, the biggest increase since June 2022. Meanwhile, the core CPI — which excludes the volatile food and energy prices — rose 4.3% by year in August, a deceleration from 4.7% in July and the smallest reading since September 2021. The Federal Reserve will hold interest rates steady in September, before hiking them again next time, according to Nigel Green, founder and chief executive of financial management group deVere. “This latest U.S. CPI data is unlikely to move the needle on the Fed’s highly anticipated move to hold rates steady at their meeting next week – which has already been priced-in by financial markets,” Green said. “But the uptick in inflation gives the U.S. central bank extra reason to be hawkish moving forward. As such, we also expect the Fed will start to prepare the market for a rate increase at its November meeting,” he added. TheCME FedWatch Toolpredicts a 97% chance the central bank will maintain the current rate unchanged in its meeting on Sept. 20, which is currently in the range between 5.25% and 5.5%. It gives a 58.4% chance for another pause in November, up from 56.8% on Wednesday. The U.S. August producer price index (PPI) is set to be released on Thursday, with analystsexpectingthe data to rise 1.2% by year, up from 0.8% in July. European bourses were mixed ahead of the European Central Bank’s (ECB) policy meeting on Thursday, which is expected to indicate whether the central bank will increase interest rates further. Eurozone inflation has persistently remained above 5%, significantly above than the central bank’s 2% target, even after nine consecutive increases in borrowing costs. The benchmark STOXX 600 gained while Germany’s DAX 40 dropped in morning trading hours in Europe. (updates with equities section.)... - 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:** ['Stocks rallied on Friday to secure yet another week of gains, just one day after a jump in bond yields and a more hawkish tone from Federal Reserve Chair Jerome Powell helped to snap the longest winning streak for the S&P 500 and Nasdaq in two years. The tech-heavy Nasdaq Composite ( ^IXIC) rose more than 2%, its best day since May 26, while the benchmark S&P 500 ( ^GSPC ) climbed about 1.6%. The Dow Jones Industrial Average ( ^DJI ) gained 1.1%, or around 400 points. The Dow, S&P 500, and Nasdaq are now at their highest level since mid-September. Friday\'s gains came despite fresh economic data that showed the American consumer feels worse about the state of the US economy with expectations for long-run inflation ticking up to a level not seen since 2011. Bond yields ticked down after spiking Thursday afternoon. The benchmark 10-year yield ( ^TNX ) moved lower to trade near 4.63%. In commodities, oil rose for the second straight session after plunging to a three-month low on concerns about global demand. West Texas Intermediate crude ( CL=F ) moved up above $77 a barrel, while Brent crude futures ( BZ=F ) closed above $81.50 a barrel. Live coverage is over A 3 months ago Alexandra Canal Stocks rally to cap off another winning week Stocks ended the week on a high note with all three major indexes rallying into the close. The tech-heavy Nasdaq Composite ( ^IXIC) led the day\'s gains, closing up more than 2%. The benchmark S&P 500 ( ^GSPC ) soared more than 1.5%, while the Dow Jones Industrial Average ( ^DJI ) rose 1%, or nearly 400 points. The Dow, S&P 500, and Nasdaq are now at their highest level since mid-September. A 3 months ago Alexandra Canal What to watch next week Here\'s a look at what\'s coming up next week... A 3 months ago Alexandra Canal Investors turn focus to next week\'s CPI print On Tuesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: October\'s Consumer Price Index (CPI). The report is expected to show headline inflation of 3.3%, a deceleration from September\'s 3.7% annual gain in prices, according to estimates from Bloomberg. Over the prior month, consumer prices are expected to have risen 0.1% in October, a slower clip than September\'s 0.4% monthly increase. Lower energy costs are likely to have held the headline figures to a smaller gain. On a "core" basis, which strips out the more volatile costs of food and gas, prices in October are expected to have risen 4.1% over last year — matching the annual increase seen in September, according to Bloomberg data. Monthly core prices are expected to have climbed 0.3%, also matching September\'s monthly rise. "Subdued increase in October’s headline CPI is likely to be overshadowed by another firm reading in the core," Wells Fargo wrote in a note ahead of the report. The bank said core CPI is likely to signal "slower progress on inflation," adding: "While shelter disinflation likely resumed in October, the steady drag from health insurance is set to flip to a boost with this month’s release. Goods deflation probably has paused." Wells Fargo\'s team expects that core CPI will still be rising about 3% annually by this time next year, noting "slower inflation in the months to come does not necessarily mean victory on inflation." A 3 months ago Alexandra Canal Recent stock rally \'has been relatively unloved\' Investors will have to see more to fully embrace US equities again — at least according to Citi. "It\'s uncanny how we see little in the way of flows despite a strong equity rally," Citi managing director Scott Chronert wrote on Friday. "It really did nothing to entice a lot of stubborn asset allocator money off the sidelines." Both the S&P 500 and Nasdaq snapped their longest winning streak in two years on Thursday as a jump in bond yields and a more hawkish tone from Federal Reserve Chair Jerome Powell spooked investors. The indexes bounced back on Friday, with the Nasdaq rallying nearly 2% while the S&P climbed more than 1% in midday trade. Still, Chronert said the recently rally "has been relatively unloved." "Cross-asset valuations likely play into this as money markets continue to provide solid income. With cash returning 5+%, investor may need to feel like there is an all clear to buy equities, which may include a Fed on pause, stable-to-lower long-end rates, continued earnings resilience, and positive macro data," he added. Equity mutual funds and ETFs faced outflows of $8.4 billion for the week ended Nov. 1, marking a seven-week streak of outflows, according to Citi. Domestic funds saw outflows of $4.9 billion for the week while world equity products saw net outflows of $3.4 billion. A 3 months ago Alexandra Canal Rising consumer inflation expectations \'will be concerning to the Fed\' Fresh economic data released by the University of Michigan on Friday showed the American consumer feels worse about the state of the US economy, with expectations for long-run inflation ticking up to a level not seen since 2011. Oxford Economics warned in a new note the rise in consumer inflation expectations, despite falling gas prices, "will be concerning to the Fed." "The Fed will want to see a decline as they try to bring inflation down to their target rate of 2% and elevated inflation expectations would be another sign that rates will need to stay higher for longer," Grace Zwemmer, economic research analyst, wrote following the data\'s release. Federal Reserve Chair Jay Powell said Thursday that monetary policy is in "restrictive territory" and kept the option for more rate hikes on the table. "If it becomes appropriate to tighten policy further, we will not hesitate to do so," Powell said in a speech before the International Monetary Fund in Washington, as reported by Yahoo Finance\'s Jennifer Schonberger. Still, it\'s not all bad news. Zwemmer noted that while tightening financial conditions will likely weigh on consumer spending in the months ahead, "consumption has remained resilient throughout Q3, and we do not expect spending to decline as greatly as the decline in sentiment would imply." A 3 months ago Alexandra Canal Stocks push higher in midday trading Stocks continued to move higher in afternoon trading on Friday, despite increased consumer fears about the state of the US economy. The tech-heavy Nasdaq Composite ( ^IXIC) jumped above 1.5% followed by the benchmark S&P 500 ( ^GSPC ), which climbed more than 1%. The Dow Jones Industrial Average ( ^DJI ) pushed above 0.7%, or more than 250 points. A 3 months ago Alexandra Canal Bitcoin steadies, Ethereum soars Bitcoin ( BTC-USD ) prices steadied on Friday after surging close to $38,000 on Thursday amid optimism regulators will soon approve the first spot bitcoin ETF. As of mid-morning, prices were trading at just above $37,400 a coin. Yahoo Finance\'s David Hollerith can get you up to speed on the price action here . Ethereum ( ETH-USD ), the second-largest cryptocurrency by market cap, jumped about 5% to trade near $2,100 on Friday after BlackRock filed for an Ethereum ETF with the Nasdaq on Thursday. Ether, which touched a six-month high earlier in the session, has rallied 75% since the start of the year. J 3 months ago Josh Schafer Consumer inflation expectations hit highest level since 2011 The stagnation in headline inflation decreases appears to be weighing on the American consumer. The latest reading on consumer sentiment from the University of Michigan released Friday showed expectations for long-run inflation ticked up to a level not seen since 2011. Consumers now see inflation at 3.2% over the next five years, a move up from the 3% last month. The broad index of consumer sentiment showed a reading of 60.4, below economist expectations for a reading of 63.7. The print is the lowest since May and marks the fourth straight month of declines for the closely tracked index of consumer sentiment. "While current and expected personal finances both improved modestly this month, the long-run economic outlook slid 12%, in part due to growing concerns about the negative effects of high interest rates," Surveys of Consumers director Joanne Hsu said in the release. "Ongoing wars in Gaza and Ukraine weighed on many consumers as well." A 3 months ago Alexandra Canal center no-repeat #999999;cursor:pointer;background-size: 9px 10px;top:-8px; border-radius: 2px;">↵ Plug Power, The Trade Desk, Tesla: Stocks trending in morning trading Here are some of the stocks leading Yahoo Finance’s trending tickers page in morning trading on Friday: Plug Power ( PLUG ): Shares plummeted more than 30% after the company, which provides fuel cells for industrial EVs used by Amazon and Walmart, warned in an SEC filing there is "substantial doubt about the Company’s ability to continue as a going concern" given its cash position and expected capital spending. The filing comes after Plug reported weak third quarter results amid "unprecedented hydrogen supply challenges" in North America. The Trade Desk ( TTD ): Shares of the digital advertising company sank roughly 20% after the company\'s fourth quarter revenue guidance came in lighter than expected as advertising headwinds persist across the industry. The company projected revenue for the current quarter of $580 million, compared to the $610 million analyst polled by Bloomberg had expected. Tesla ( TSLA ): Tesla shares traded flat on Friday following support from Tesla bulls like Gary Black, managing partner of Future Fund, and Wedbush analyst Dan Ives after HSBC analyst Michael Tyndall initiated coverage of Tesla on Thursday with a Reduce rating and $146 price target, implying a 33% drop in the stock. Check out full coverage by Yahoo Finance\'s Pras Subramanian here . Diageo ( DEO ): Shares of the alcohol company, which owns Johnnie Walker whisky, Captain Morgan rum, and Smirnoff vodka, among others, fell about 15% on Friday after warning sales will suffer in Latin America and 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: 2023-11-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $727,650,281,750 - Hash Rate: 496812162.9689646 - Transaction Count: 627529.0 - Unique Addresses: 894325.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of bitcoin (BTC) remained under pressure at $26,200 on Tuesday as the idea of higher rates for a longer period takes hold throughout financial markets. The broad CoinDesk Market Index (CMI) is down 0.6%, modestly underperforming the decline in bitcoin. The U.S. 10-year Treasury yield moved up to 4.55%, matching its highest level in about 16 years. The yield on the 10-year note began September at just 4.18%. The sharp move higher in rates is having major effect on equity markets, with the Nasdaq lower by 1.1% on Tuesday and now at its weakest read in nearly four months. The S&P 500 is down similarly and also matching levels not seen since early June. JPMorgan’s Jamie Dimon warns on rates "I am not sure if the world is prepared for 7%," said the JPMorgan CEO earlier Tuesday. Dimon noted that the rise in the U.S. Federal Reserve’s benchmark fed funds rate from 0%-2% was not a big deal and that the rise from 2% to the current 5.25%-5.50% caught a few off guard. A rise to 7%, though, he cautioned, is something very few market participants are expecting. "There will be stress in the system," he said, possibly sending the U.S. economy into recession. View comments... - Reddit Posts (Sample): [['u/Im_Your_Consciense', 'Why has Algorand price behaved so bad on the last year?', 34, '2023-11-11 00:46', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/', 'Bitcoin (+133%), Ethereum (+71%), Cardano (+22%), Vechain (+2,72%) and Algorand (-58%), why it hasn’t followed the trend?', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/', '17shc0n', [['u/CryptoBitters', 60, '2023-11-11 00:48', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8pthc4/', "There's nothing happening to generate interest", '17shc0n'], ['u/UhUhWaitForTheCream', 17, '2023-11-11 00:49', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8ptjzd/', 'It’s following the trend now.. Algorand is having its bounce back now', '17shc0n'], ['u/Crap911', 29, '2023-11-11 01:02', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8pvcy4/', 'Look back how many Algo has been added during last 2 years then you will know why.', '17shc0n'], ['u/big_fetus_', 22, '2023-11-11 02:01', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8q3kox/', "Personally I think it's ideal that it's been sticking around 0.08-0.13 $USD this year. It's still a great and fast network and after the BTC halving when people come back to the cryptoverse, Algorand is one of the simplest to navigate and use and build on.", '17shc0n'], ['u/sky-net1', 16, '2023-11-11 02:13', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8q56kd/', 'Gary Gensler also labeled ALGO (and 5 other cryptos) as "securities". That brought the price down.\n\nHis war on crypto could eventually lead to a direct fight with ALGO similar to what he did with Ripple.', '17shc0n'], ['u/hiimomgkek', 32, '2023-11-11 02:16', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8q5lwm/', 'Supply is pumped, demand is low, apps being built on algorand are fraudulent, foundation leadership sucks.', '17shc0n'], ['u/HvRv', 22, '2023-11-11 07:25', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8r58iu/', "Its because I'm still holding. I will let you know when I sell so you can prepare for the moon.", '17shc0n'], ['u/imod87', 23, '2023-11-11 09:55', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8rgyfa/', 'The big three in my opinion are: \n\n\\- Yieldly as Algorands first large dAPP turned out to be an absolute shitcoin and punched people in the face by being incompetent and liars at best \n\n\\- MyAlgo hack ripped a lot of peoples face of and AFs reaction was disappointing \n\n\\- Foundation did a "less than ideal" job managing finances - showing money out the window all day. They suffered big from hubris 2021\n\nThe first two are enough for people to bitterly turn away for sure.', '17shc0n'], ['u/Podcastsandpot', 10, '2023-11-11 14:45', 'https://www.reddit.com/r/algorand/comments/17shc0n/why_has_algorand_price_behaved_so_bad_on_the_last/k8s74cd/', 'no, many coins with equal "lack of interest" have done far better price wise, and it\'s because if a simple specific reason: accelerated vesting. Normally Vesting would have tken until 2030, but the recipients voted to have all that inflation occur in just two years during 2020 and 2021, resulting in INSANELY HIGH INFLATION over that two year period. The price tanked in 2022/2023 from that massive influx of inflation, and now that is thankfully behind us', '17shc0n']]], ['u/multiple_iterations', 'Pure speculation, from just a fellow ape.', 4797, '2023-11-11 01:18', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/', 'Consider the following facts:\n\n1) SPY is pumping like it\'s own ass is on fire\n\n2) Bitcoin is too\n\n3) Concern trolling posts about DRS are suddenly IN VOGUE.\n\nHere\'s my speculation, without any further evidence: Their assets can\'t offset their short positions any longer, their "complex financial instruments" (FRAUD) is under observation from a couple hundred thousand eyes every single day, and if they drop the price any further, we DRS faster (as has always been the plan, for those who have been a long for the ride).\n\nTheir ONLY hope is that we DON\'T DRS the shares when we buy them at cheaper and cheaper prices. They HAVE to try to create some sort of doubt or question about DRS, despite the fucking MOUNTAINS of evidence this sub has compiled.\n\nSo, in the absence of facts, you slam the table. They\'re hitting the messaging often to try to offset their complete lack of rationale.\n\nOF COURSE as the price plummets, they want DRS to stop. They have nothing left except to try to shake off new apes with more massive price drops.\n\nSo, I say - FUCK YOU, and I\'m gonna double down on my DRS\'d shares.\n\nAnyone who is reading this post, don\'t take my word for it, and don\'t do anything because I say so. This is pure speculation from just a regular regarded ape. But I\'ve been waiting for this to happen for a year now.\n\nLet the fucking games begin.', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/', '17si0cm', [['u/HughJohnson69', 78, '2023-11-11 01:20', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pxupl/', 'I hope they drop the price to low single digits and we buy and DRS tens of millions of shares by the end of the year.', '17si0cm'], ['u/multiple_iterations', 51, '2023-11-11 01:21', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pxzvh/', "I'm stacking up dry powder as we speak.", '17si0cm'], ['u/Ape_Wen_Moon', 475, '2023-11-11 01:21', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8py0nt/', 'I get paid every 2 weeks, I can do this forever.', '17si0cm'], ['u/multiple_iterations', 201, '2023-11-11 01:22', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8py6yu/', "The good news is, it's looking like we won't have to 🤣", '17si0cm'], ['u/multiple_iterations', 23, '2023-11-11 01:25', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pyk73/', "I'll post once they're bought.", '17si0cm'], ['u/Ape_Wen_Moon', 80, '2023-11-11 01:27', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pyurw/', 'the sooner the better', '17si0cm'], ['u/mrbigglesworthiklaus', 29, '2023-11-11 01:31', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pzdps/', 'I made a post yesterday about how you can take advantage of the low prices likely to come an drs your ira shares too if you have the cash for the tax hit. I think a lot of apes could significantly increase their drs share count this way.', '17si0cm'], ['u/weevilyweevil', 1003, '2023-11-11 01:32', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pzjpw/', 'New digital store and a tidal wave of FUD…it was foretold..', '17si0cm'], ['u/poonmangler', 14, '2023-11-11 01:34', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pzvaa/', "Oh that dude's been on it for a minute now. Doesn't know how to present a well reasoned argument tho, relies on logical fallacies and misleading rhetoric.", '17si0cm'], ['u/multiple_iterations', 10, '2023-11-11 01:35', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8pzz39/', "That's cause in this particular instance, there ISN'T one.", '17si0cm'], ['u/Hot-Database-2114', 74, '2023-11-11 01:39', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q0jzs/', 'It definitely feels like we are about to end the game in overtime. The desperation for narrative control and FUD is at all time highs. Either way still buying and still HODLING 💎🤲', '17si0cm'], ['u/Pajama_Man_42', 1099, '2023-11-11 01:41', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q0svu/', '"So, I say - FUCK YOU, and I\'m gonna double down on my DRS\'d shares."\n\nYou son of a bitch, I\'m in.', '17si0cm'], ['u/SlapItDaBass22', 260, '2023-11-11 01:47', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q1laj/', '40 more today, 140 in the past month. DRS next week', '17si0cm'], ['u/jebz', 132, '2023-11-11 01:48', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q1stw/', 'Buy, hodl, drs.\n\nWhen did the recipe change?', '17si0cm'], ['u/multiple_iterations', 64, '2023-11-11 01:49', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q1ux1/', 'Never did 🤣', '17si0cm'], ['u/SlapItDaBass22', 34, '2023-11-11 01:50', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q1zov/', '97.1 till i reach my goal before 🚀, cant afford not to buy and DRS at these prices', '17si0cm'], ['u/multiple_iterations', 23, '2023-11-11 01:51', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q24h1/', '_WHO CAN RESIST A DEAL, SON?_', '17si0cm'], ['u/multiple_iterations', 314, '2023-11-11 01:52', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q2cp9/', "I'll post mine if you post yours.", '17si0cm'], ['u/aZamaryk', 55, '2023-11-11 01:55', 'https://www.reddit.com/r/Superstonk/comments/17si0cm/pure_speculation_from_just_a_fellow_ape/k8q2plk/', 'Ther... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Cipher Mining Inc. (NASDAQ: CIFR ) Q3 2023 Earnings Call Transcript November 8, 2023 Operator: Good day and thank you for standing by. Welcome to the Cipher Mining\x92s Third Quarter 2023 Business Update Conference Call. At this time, all participants are in a listen-only mode. After the speaker\x92s presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today\x92s conference is being recorded. I would now like to hand the conference over to your speaker, Josh Kane. Please go ahead. Josh Kane: Good morning. Thank you for joining us on this conference call to discuss Cipher Mining\x92s third quarter 2023 business update. Joining me on the call today are Tyler Page, Chief Executive Officer; and Ed Farrell, Chief Financial Officer. Please note that you may also review our press release and presentation, which can be found on the Investor Relations section of the company\x92s website. Please note that this call will also be simultaneously webcast on the Investor Relations section of the company\x92s website. This conference call is the property of Cipher Mining and any taping or other reproduction is expressly prohibited without prior consent. Before we start, I\x92d like to remind you that the following discussion, as well as our press release and presentation, contain forward-looking statements, including, but not limited to, Cipher\x92s financial outlook, business plans and objectives, and other future events and developments, including statements about the market potential of our business operations, potential competition and our goals and strategies. The forward-looking statements and risks in this conference call, including responses to your questions, are based on current expectations as of today and Cipher assumes no obligation to update or revise them, whether as a result of new developments or otherwise, except as required by law. Additionally, the following discussion may contain non-GAAP financial measures. We may use non-GAAP measures to describe the way in which we manage and operate our business. We reconcile non-GAAP measures to the most directly comparable GAAP measures and you are encouraged to examine those reconciliations, which are found at the end of our earnings release issued earlier this morning. I will now turn the call over to Tyler. Tyler? Story continues Tyler Page: Thanks Josh. Hi, this is Tyler Page, CEO of Cipher Mining. Thank you very much for joining our third quarter 2023 business update call. We\x92ve got some exciting growth updates that we are delighted to announce, but before we walk through those, I\x92d like to spend a few minutes on Q3 and our recent accomplishments. During the third quarter, we reached several significant milestones. With the completion of our Odessa Data Center, we have achieved 7.2 exahash per second of self-mining capacity across our portfolio. With all four initial sites now up and running, approximately 96% of our portfolio is energized through fixed price power and we believe our cost of electricity at a price of roughly $0.027 per kilowatt hour is among the lowest in the entire industry. As a reminder, electricity represents the majority of our operating costs, and our low price is a key driver of our best-in-class unit economics. And now that the first chapter of our growth story is completed, I am very happy to report that we will soon embark on the next major phase of expansion. We are delighted to announce that we have just agreed to acquire a Texas-based greenfield site with conditional ERCOT interconnection approval for up to 300 megawatts called Black Pearl. At Cipher, we have long prided ourselves on prudently managing the cyclical nature of the bitcoin mining industry. And as I have stated on our last few business update calls, we have been patiently reviewing many deals for the past several months looking for the right one. Black Pearl, is that right one. It is a front of the meter site that we hope to bring online in 2025. Note that due to the nature of the site, we have no take or pay obligations for purchasing a minimum amount of power and will build our data center at the pace we deem most appropriate. It is our current intention to build the full 300 megawatts over time, but we will likely build it out in incremental stages and are currently deciding on the most appropriate schedule. We intend to fund the build-out of the new data center with a combination of cash generated from ongoing bitcoin mining operations as well as from our bitcoin inventory or equity sales from our at-the-market equity shelf to the extent market conditions make that an attractive option for the company. We will also continue our ongoing discussions with construction and equipment lenders, as well as consider other favorable debt financing opportunities. Once the data center is built, we intend to participate in ancillary services in ERCOT and we hope to generate supplemental revenues from optimizing our operations and using our data center to help with grid stability by providing capacity back to the market in times of need. Continuing the theme of timing the cycle when investing in growth, I\x92m also pleased to announce that we recently purchased 1.2 exahash per second of Bitmain\x92s latest generation S21 rigs for $14 per terahash, which are scheduled to be delivered in the first half of 2024. This was an opportunity to acquire very efficient, cutting edge machines at a great price. Our current plan is to cycle these machines into service at Odessa as they arrive, and either replace machines that are in the process of being repaired or upgrade our operations by swapping them in for our least efficient rigs. Finally, we have talked in previous quarters about the attractive organic growth opportunities at our existing sites, and we\x92ve continued to make progress on that front as well. At Alborz, we recently received ERCOT approval for a supplemental grid connection that will allow us to increase our targeted operational uptime significantly. We expect this back feed to be in place in the first half of 2024. We are at an important inflection point for the company as we pivot to the next stage of growth, and we are excited to be expanding and investing in advance of what we hope will be a bull market for bitcoin in the months and years to come. Now let\x92s turn to some specifics on the current state of the business. On Page 4, we highlight key performance indicators as of the end of October. These metrics should give you a sense of our current production and the potential growth we hope to see over the near and medium term. Our current self mining hash rate is 7.2 exahash per second and with the acquisition of the new Bitmain rigs, we now have a total capacity in service or under contract of 8.4 exahash per second. With the addition of Black Pearl, we have the potential to expand to 23.5 exahash per second by the end of 2025. On the bottom of this slide you can see some of our current and year-to-date production numbers, which reflect the growth of our production over the past several quarters. We are often asked about our treasury management philosophy. These KPIs give some insight into how we approach our bitcoin inventory. In the middle of the page you can see our bitcoin held, which has risen quarter-over-quarter. We manage our bitcoin treasury by generally selling enough bitcoin every month to fund our operating expenses and existing CapEx commitments. Beyond those sales, we may choose to sell more bitcoin for dollars to invest in expansion opportunities, to hedge our inventory with futures or options, or to hold excess bitcoin to build our overall treasury balance. It\x92s our goal to build our bitcoin inventory over time, but we also believe that our monthly free cash flow generation gives us greater flexibility to take advantage of growth opportunities in periods where other financing alternatives are less attractive. Slide 5 is a high level overview of a bitcoin mining business that we like to include each quarter to remind everyone how our business model works. We operate the box in the middle of the drawing that says mining equipment, which represents our data centers and mining rigs. As I discussed earlier, we spend the majority of our operating expenses on electricity, which our data centers convert into computing output. Unlike traditional data centers, which operate a similar model and sell their computing output to enterprise clients for dollars, Cipher sells its computing output, called hashrate to the bitcoin network for bitcoins. To make this model operate profitably, a bitcoin mining company needs to control both its electricity and the capital it spends to build data centers, including what it spends to purchase mining equipment. Controlling these costs enables a miner to be a lower cost producer, and our focus at Cipher has always been on controlling these specific costs to produce the best possible unit economics. That illustration hopefully gives you a good sense of a straightforward bitcoin mining business. Cipher, however, does have an additional element to our business that is incredibly valuable. We have the ability to sell power back to the grid. Our Power Purchase Agreement gives us a combination of downside risk protection as well as upside optionality to our revenue streams that doesn\x92t exist for many bitcoin miners. Now, let\x92s turn to Page 6, and look at some recent bitcoin market events. The news flow for miners has been mixed over the last four months. Much like last quarter, we\x92ve seen positive headlines speculating on the approval of a Bitcoin Spot ETF by the SEC. That speculation has driven a recent rally in bitcoin price to the current level, close to $35,000. But against this backdrop, there has also been a steady climb to an all-time high in overall bitcoin network hash rate, which continues to suppress overall mining economics. We have also seen announc **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $724,884,886,106 - Hash Rate: 506083624.1310116 - Transaction Count: 703327.0 - Unique Addresses: 880975.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US Markets • Top 3 Tech And Telecom Stocks You May Want To Dump In October • Unity Software, Tigo Energy And Other Big Stocks Moving Higher In Tuesday's Pre-Market Session • Ongoing Bull Market Shows Signs Of Being Among The Weakest On Record: Expert Crypto • Tel Aviv's Crypto Innovators Launch Lifeline 'Crypto Aid Israel' To Support Crisis Hit Israelis • Shiba Inu Burn Rate Spikes 100% In A Single Day As Shibarium Blocks Surpasses 1M Milestone • Ether Loses Ground To Bitcoin Amid Market Downturn But Crypto Entrepreneurs Are 'Not Selling' It. • Ethereum Foundation Sells 1,700 ETH For $2.76M USDC Amid Increased Volatility • Tether Gold, Other Bullion-Backed Cryptos Show Strong Performance Amid Israel-Hamas War • Bitcoin, Ethereum, Dogecoin Decline As $100M Vanishes In A Single Day Amid Israel-Palestinian Conflict: Analyst Says ETH, BTC Are 'Getting Slaughtered' US Politics • Kevin McCarthy Urges Biden To 'Turn Off The Barbecue' Amid Israel-Hamas Crisis: 'Be The Leader The World Is Looking For' • Robert F Kennedy Jr's Siblings Denounce His 'Perilous' Presidential Campaign Against Joe Biden: 'He Does Not Share The Same Values...As Our Father' World Politics • Taiwan Calls For 'Peaceful Coexistence' With China Amid Escalating Tensions With Xi Jinping: 'Peace Is The Only Option Across The Strait' Israel-Hamas Conflict • Trump Niece Blames Her Uncle For Likely Passing On Israel's National Security Secrets To Hamas: 'Why Is He Still Allowed To Roam Free' • Lindsey Graham Suggests Joe Biden Threaten Iranian Oil Infrastructure Amid Israel-Hamas Conflict: 'We Will Put You Out Of Business' Tech • Built Like A Tank: Google's Pixel 8 Pro Survives Repeated Drop Tests That iPhone 15 Pro Failed • Why Munster Thinks Google Antitrust Lawsuit Over Search Business Is 'Net-Neutral' To 'Positive' For Apple • UAW Strike Ripple Effect - Layoffs Surge At Major Automakers: Report • Analysts Flip To 'Outperform' On Oracle Amid Stock Pullback: 'Math Is Working In Favor' • Google Sets Sights On Asia-Pacific For Generative AI Expansion • First Detailed Google Pixel 8a Leak Shows Off A Curvy Design: Here's What We Know So Far • Apple's Profit Prospects At Risk If DOJ Rules Against Google In Search Lawsuit: Analyst • Amazon Joins Elon Musk's SpaceX, Mukesh Ambani's Jio In Vying For A Piece Of India's Burgeoning Satellite Internet Market • Tesla's Cybertruck Set to Drive Profits Skyward After It Starts Shipping By Year-End, Says Noted Analyst Ming-Chi Kuo Electric Vehicle • Tesla Owners Are Using This iPhone 15 Pro Button For Unlocking Their Cars, Pop The Frunk And Turn On AC • Honda Unveils First-Ever Autonomous Electric Riding Lawn Mower • Tesla's Future: Morgan Stanley's Adam Jonas Foresees Car, Smartphone Convergence Consumer • After UAW, Thousands Join Unifor's Strike Against GM Over Pension And Pay Disputes In Canada • Demand For Packaged Food Drops In US: Has 'Miracle' Drug Ozempic Got Something To Do With It? Communication • Should Microsoft Bing, Apple's iMessage Play By New Rules? EU Asks Users And Rivals • Elon Musk's Plans To Weed Out Bots From X, Enables Verified-User-Only Replies Option — What It Means • X CEO Linda Yaccarino Reportedly Withdraws From WSJ Tech Live Citing Israel Crisis... But Is There More To It Than Meets The Eye? Space • Musk Says Starlink Internet Could Soon Be Available On Most Flights, But There's A Condition Don't miss real-time alerts on your stocks - joinBenzinga Profor free!Try the tool that will help you invest smarter, faster, and better. This articleShiba Inu Burn Rate Doubles, Taiwan Calls For 'Peaceful Coexistence' With China Amid Escalating Tensions With Xi Jinping - Top Headlines Today While US Was Sleepingoriginally appeared onBenzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["On November 9,Bitcoinmining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com. This surge coincided with Bitcoin's price spiking to over $37,000 on the same day, driven by heightened expectations surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC).\nThe upswing in mining revenue is attributed to the combined impact of Bitcoin's price increase and heightened network activity. Lane Kasselman, President of Blockchain.com, pointed out that increased network congestion results in higher transaction fees, contributing to miners' earnings. While network congestion in May was influenced by demand for Ordinals—a concept akin to NFTs—the current surge is primarily linked to the escalating price of Bitcoin.\nThe anticipation of U.S. spot Bitcoin ETF approval has played a pivotal role in the recent price rally. The SEC, known for historically rejecting Bitcoin ETF applications, is facing a unique situation with the expiration of deadlines for rebuttal comments on multiple pending ETF applications, potentially leading to the simultaneous approval of 12 Bitcoin ETFs.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Bitcoin Mining Revenue Hits Yearly Highs of Over $42.3M On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com. This surge coincided with Bitcoin's price spiking to over $37,000 on the same day, driven by heightened expectations surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC). The upswing in mining revenue is attributed to the combined impact of Bitcoin's price increase and heightened network activity. Lane Kasselman, President of Blockchain.com, pointed out that increased network congestion results in higher transaction fees, contributing to miners' earnings. While network congestion in May was influenced by demand for Ordinals—a concept akin to NFTs—the current surge is primarily linked to the escalating price of Bitcoin. The anticipation of U.S. spot Bitcoin ETF approval has played a pivotal role in the recent price rally. The SEC, known for historically rejecting Bitcoin ETF applications, is facing a unique situation with the expiration of deadlines for rebuttal comments on multiple pending ETF applications, potentially leading to the simultaneous approval of 12 Bitcoin ETFs. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form . View comments", "On November 9,Bitcoinmining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com. This surge coincided with Bitcoin's price spiking to over $37,000 on the same day, driven by heightened expectations surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC).\nThe upswing in mining revenue is attributed to the combined impact of Bitcoin's price increase and heightened network activity. Lane Kasselman, President of Blockchain.com, pointed out that increased network congestion results in higher transaction fees, contributing to miners' earnings. While network congestion in May was influenced by demand for Ordinals—a concept akin to NFTs—the current surge is primarily linked to the escalating price of Bitcoin.\nThe anticipation of U.S. spot Bitcoin ETF approval has played a pivotal role in the recent price rally. The SEC, known for historically rejecting Bitcoin ETF applications, is facing a unique situation with the expiration of deadlines for rebuttal comments on multiple pending ETF applications, potentially leading to the simultaneous approval of 12 Bitcoin ETFs.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", 'WISe.ART the Digital Art Platform of WISeKey, Unveils the Renaissance Coin: Revolutionizing Art Investment and Preservation with a Unique Blend of Technology and HeritageCooperation between WISe.ART Pedro Sandoval andGlobal Market of Artification (GMA)\nGENEVA/Madrid/Rome –November 13, 2023 - WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced itsWISe.ART subsidiary is unveiling the Renaissance Coin: Revolutionizing Art Investment and Preservation with a Unique Blend of Technology and Heritage.\nWISe.ART, a leading innovator in the digital art and luxury collectibles market, is set to launch the Renaissance Coin in January 2024, a groundbreaking initiative that marks a new era in art investment and preservation. This launch represents a significant divergence from traditional cryptocurrencies and NFTs, offering a regulated, secure investment avenue linked to tangible, physical art assets."The inaugural project of the WISe.ART Digital Renaissance initiative proudly features the exceptional work of renowned artist Pedro Sandoval, who is also the creative mind behind the exquisite medal showcased here. Embodying a fusion of contemporary artistry and classical inspiration, Pedro Sandoval is set to unveil a unique collection of Digital Renaissance Art, deeply influenced by the Italian masters. This captivating series, representing the first phase of the project, is poised for its grand unveiling at Davos 2024, heralding a new epoch in the blending of digital innovation with traditional art forms."\n“WISe.ART, in collaboration with prestigious artists, collectors, museums, and galleries, is excited to introduce the ‘Italy Digital Renaissance Project.’ From 2024 to the 2025 Jubilee year, WISe.ART partners will embark on a significant endeavor to digitize the historical heritage of Italian Renaissance art using ultra-high-quality images and digital enhancements. This project represents a pivotal moment in ushering Italian art heritage into the digital age, making it accessible to a global audience.\nAs part of this initiative, a unique Renaissance coin will be introduced, enabling individuals to acquire remarkable historical treasures through WISe.ART. The project will connect art enthusiasts from around the world through the Internet, allowing them to explore and appreciate this extraordinary artistic heritage, some of which was previously only accessible within museums and historic buildings. Thanks to this technology, these treasures can now be visualized and enjoyed by people worldwide.”\nRevolutionizing Art Investments with Art Security Tokens: The Renaissance Coin is a pioneering venture, distinct from Bitcoins and NFTs. Operating within a regulated market framework, these Art Security Tokens provide legal protections akin to traditional securities like stocks and bonds, offering a secure and legally compliant investment option in the art world.\nBridging the Physical and Digital Realms: Unlike conventional digital assets, Art Security Tokens embody the value of physical artworks, creating a tangible link between the art piece and its digital representation. This integration fosters a novel investment experience that respects the legacy and materiality of art.\nAdvanced Technology at the Core: The WISe.ART platform leverages state-of-the-art blockchain technology, including the storage of digital twins as NFTs on Hedera blockchain. This ensures a secure, efficient, and transparent marketplace for trading luxury collectibles and artwork.\nBalancing KYC and Anonymity for Exclusive Trading: In an innovative approach, the WISe.ART platform maintains a balance between Know Your Customer (KYC) regulations and user anonymity. This is facilitated through the use of the TrustECoin token, launching in May, enabling discreet yet compliant trading of NFTs.\nTwo Decades of Trusted Security and Authenticity: WISeKey, with its rich heritage in security and object authentication, ensures the highest standards of security and authenticity for the physical artworks and their digital twins, effectively minimizing digital counterfeiting risks.\nStrategic Multichain Approach and Global Partnerships: Through strategic partnerships with Hedera, WISeKey fortifies its unique market position. This multichain strategy enhances the platform’s capabilities in crypto market expertise and innovative data market offerings.\nThe Italy Digital Renaissance Project – A Digital Ode to Heritage: An integral component of this initiative is the ‘Italy Digital Renaissance Project.’ Aimed at digitizing the opulent heritage of Italian Renaissance art, this project opens doors to a global audience, offering high-quality digital renditions of historically significant artworks. This endeavor promises to bring the splendors of the Italian Renaissance to the fingertips of art lovers worldwide.\nConnecting the Global Art Community: The Renaissance Coin and the digitization of Renaissance art herald a new age of global art engagement. This initiative enables art enthusiasts, collectors, and historians around the world to explore and appreciate masterpieces that were once limited to the confines of museums and exclusive collections.\nWISeKeyoffers advanced cybersecurity solutions that protect digital communications and transactions, secure digital identities, and maintain the trustworthiness of electronic systems. Their key activities revolve around the secure provision of cryptographic root keys, management of a robust Public Key Infrastructure (PKI), and the generation and management of trusted digital identities.\nAbout\xa0WISeKeyWISeKey Internationa **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $721,220,612,050 - Hash Rate: 389037994.7160368 - Transaction Count: 428507.0 - Unique Addresses: 670301.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Today is the beginning of Sam Bankman-Fried’s trial, and can already count as one of the most pivotal days in crypto history. Even if nothing majorly important is happening on the stand, yet. The reason why this trial of just one man matters for an industry is simple enough: SBF, as he was sometimes chummily called, has been elevated into a symbol for everything wrong with crypto. And there’s a lot to regret. 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 fullnewsletter here. But it’s a mistake to say that Bankman-Fried is crypto in a nutshell, a representation of its inevitable dangers and excesses or Exhibit A of where this mostly unregulated industry will always end. That is, more or less, what New York Times crypto reporter David Yaffe-Bellany suggested in a recently co-published article:Crypto is on trial, as SBF faces a reckoning. Per the NYT: “It’s a fraud that was enabled and supercharged by crypto, and by crypto’s unique aspects,” said Lee Reiners, a crypto expert who teaches at Duke Law School. “It wouldn’t have been possible in any other context.” This is an odd idea in a story that was largely just a summary ofSBF’s journeythrough the legal system so far, but one that is probably widespread. Thankfully it’s easily dispelled by perhaps the person who groks the situation at FTX better than anyone, CEO and restructuring legend John J. Ray, who called SBF’s alleged theft of $8 billion“old-fashioned embezzlement.” Crypto lends a patina of novelty to the situation, a sense that this is a crime only possible in the modern day, but the situation is fairly simple. SBF is accused of taking money that belonged to his customers and spending it on luxury real estate, gifts formom and dadandvegan cheese. And his defenses are equally as classic:my girlfriendcaused my financial problems, mylawyers are liarsand “woops.” But still, the idea that crypto is uniquely capable of causing a crime of this magnitude, is worth considering. Crypto is on the stand next to SBF, for better or worse, and played a pivotal role in hisrise and fall— but is Sam Bankman-Fried a fair representative for a movement (of sorts) that spans industries, interests and the globe and has as many potential“use cases”as the dollars in your pocket? Well, it’s true enough that SBF is as good a figurehead as any for “the unrestrained hubris and shady deal-making” that permeates the industry. But a centralized exchange that primarily grew by buying political clout is not exactly the vision Satoshi Nakamoto set out for Bitcoin. Is this a case of“no true Scotsman,”where “true crypto” has never been tried, or “affiliate marketing,” a parasitism of branding where bad products are sold through association to something better? Unfortunately the reasoning behind Reiners’ bold claim that SBF couldn’t happen without crypto was cut out if it was ever given. Speaking on his behalf (I’ll try my best), it’s more than fair to say semi-pseudonymous, global money-printing machines that anyone can turn onenable misuse. In fact, crypto is abused for the same reason it’s used, these are undiscerning tools that have no need to know who is using them or why. And that is the principle innovation behind crypto: digital money that has similar guarantees over privacy, ownership and fungibility as cash. Hence Bitcoin’s original tagline: digital cash. (People deeper down the crypto rabbit hole might add benefits like: empowering people to transfer and hold wealth like never before, defanging the Westphalian nationstate’s monopoly over money and the thing that will prevent poverty, war and social strife…if only it were widely adopted.) So in a certain sense the question is: Could an SBF-sized empire operate through cash or the traditional financial system? I think the existence of theSinaloa drug cartelwould prove this to be the case, though it’s worth noting that some cartel members are apparently using Ethereum for money transfers. See also:How Big Is Crypto Crime, Really? And on the other end: does crypto, in particular, foster crime on the internet? As ransomware expert and reformed blackhat Marcus Hutchins once told me:ransomware existed before crypto, and it’ll exist even if every Bitcoin node is powered down. Take that as you will, but it seems likely if there are crimes to commit, money to finance it will be found. Plus, has anyone ever given thought to the idea that internet crimes are growing because the internet itself is? This doesn’t explain away illegal securities offerings or rug pulls, but may explain why crypto is being used for crime in the first place, given that immutable, public ledgers are generally a thing criminals would avoid. None of this is to downplay crypto’s role in Bankman-Fried’s story, only to complexify the idea that it was the only means to get to this end. Afterall, it’d be dishonest to claim crypto is a “revolutionary technology,” but disclaim the idea that it can have negative effects. Other “unique aspects” of crypto Reiners might consider are social, like the norm in place where insiders take a cut of the projects they launch — also primed for exploitation (as opposed to Bitcoin’s “fair launch,” organized by Satoshi Nakamoto). Bankman-Fried, for instance, basically controlled the distribution of the exchange token FTT, which he used to underwrite loans andleverage his hedge fundAlameda Research to the hilt. Likewise, crypto culture does not only enable crime, but fosters it. Thefts are expected, hittingthe highand low, and hacks are a cost of doing business. It’s understood that bad actors are an appropriate price to pay to achieve financial privacy and personal sovereignty. Often people embrace the feeling of outlawness, the idea that this corner of their life will not be mediated by anyone along with the attendant responsibilities. Bankman-Fried banked on all of this when building his empire, as well as perhaps the most foundational “meme” (used in theclassic Dawkinian sense) in crypto: anything can have value if enough people say it does. Call this force FOMO, speculation or “number go up” “technology,” but it’s the principle reason why crypto prices move up (when they do) and why something like a CryptoDickButt NFT can have a price at all. This collective dream machine is why there are so many crypto figureheads, like SBF, at one point, who do the job of articulating the crowd’s desires, demands and, yes, delusions — hopefully making it palatable enough to get the next greater fool involved — while also reassuring people that they’re betting alongside the smart money set. (Look at him, on stage with Bill Clinton: he has my interests in mind.) All of this may sound like a fairly negative reading of crypto and its surrounding community (and in an article meant as a defense, no less). But, again, arguably, none of this is exclusive to crypto. The technological innovations in blockchain are like the technological innovations anywhere, and require human input to be put to good or bad ends. This may be a tautology, but it’s a lesson humankind reckons with over and over and over again as it develops new tools. Plastics poison rivers and preserve food. Cracking the atom powers homes and leveled cities. To the extent that crypto is different, it’s that it has definitely caused societal harm but hasn’t yet found widespread use. See also:The DeFi Financial Crime Arms Race Sam Bankman-Fried’s alleged crime was old fashioned, and his purported motives were as ancient as Human Nature. Crypto was the conduit for his greed, but not the cause. He was someone who grew up hearing,literally, that actions have no consequences. And so, the container for his reckless ambition could have been anything: AI, quant trading, etc., so long as it was a high-growth industry to make and donate as much money as possible. There were real economic costs to the collapse of Bankman-Fried’s empire, the total market capitalization of crypto has bled out about$1.9 billionsince the day FTX declared bankruptcy. FTX’s convoluted corporate web and SBF’s industry-spanning relationships have meant the exchange was far from the only firm to go bust. Regulatory headway in the U.S. has stalled, in large part due to SBF’s obscene attempts to buy favor. Yet, as fitting an example as Bankman-Fried is for the rot inside crypto, he’s a poor scapegoat for the industry’s failings. Crypto is on trial alongside Bankman-Fried, but the true crime would be if its truest believers missed this opportunity to judge itself. Lest another Sam Bankman-Fried will rise and fall again. UPDATE (OCT 3, 2023):Changes headline and subhead.... - 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 crypto industry is weird. There arecypherpunks, "degens," and the rabid online faithful who say tokens named aftera cartoon frogare going to the "moon."\nHowever, the boring suits and ties of traditional finance areincreasinglygrabbing a slice of the crypto pie, and on Monday, Fnality International, a startup that hopes to use blockchain tech to transfer cash between financial institutions, announced that it had raised approximately $95 million in a Series B round led byGoldman SachsandBNP Paribas. The U.K.-based firm has now raised about $163 million since it launched in 2019.\nOther participants in the Series B includeBNY Mellon,Barclays,NasdaqVentures, UBS,Banco Santander, DTCC, Euroclear, Nomura, and WisdomTree. Rhomaios Ram, CEO of Fnality, declined to provided an updated valuation of his firm.\n“Fnality’s application of blockchain technology offers a resilient way for institutions to use central bank funds across a wide set of potential use cases,” Mathew McDermott, global head of digital assets at Goldman Sachs, said in a statement.\nNoticeably large in a year ofdecliningventure capital interest in crypto, Fnality\'s fundraise comes as Wall Street is poised to become one of the bigger mover-and-shakers in blockchain.Optimismfor the approval of aspot Bitcoin ETF, a financial vehicle that would open the world\'s largest cryptocurrency to potentially trillions in capital from traditional investors, has reached a fevered pitch. And JPMorgan, run by the famouslyanti-BitcoinJamie Dimon, has continued toexploreblockchain technology, includingJPM Coin, its private token.\nRam, Fnality\'s CEO, spent more than two decades at Deustche Bank and retired in 2016. But in 2017, he agreed to lead a research project backed by 16 financial institutions, including Credit Suisse, UBS, andDeutsche Bank, to assess the validity of using blockchain technology to send and receive cash. And in 2019, buoyed by results from the research, the institutions backed and helped launch Fnality International.\n"The thesis for us and many of our investors and participants is there are a lot of innovations within that crypto/DeFi space that really are going to make a massive difference to finance overall," Ram toldFortune, referring todecentralized finance. "The question is, how do you pull them into a regulated environment?\nSince then, Fnality has built out a private blockchain network, modeled afterEthereum, that allows banks to transfer money 24 hours a day. The network isn\'t live yet, but Ram says a full launch is "imminent" for the U.K., and from there, the U.S. and beyond. "We see ourselves as ultimately a convergence of traditional finance and the methodologies of the DeFi space, for lack of a better word," he said.\nThis story was originally featured onFortune.com', 'The crypto industry is weird. There are cypherpunks , " degens ," and the rabid online faithful who say tokens named after a cartoon frog are going to the " moon ." However, the boring suits and ties of traditional finance are increasingly grabbing a slice of the crypto pie, and on Monday, Fnality International, a startup that hopes to use blockchain tech to transfer cash between financial institutions, announced that it had raised approximately $95 million in a Series B round led by Goldman Sachs and BNP Paribas . The U.K.-based firm has now raised about $163 million since it launched in 2019. Other participants in the Series B include BNY Mellon , Barclays , Nasdaq Ventures, UBS, Banco Santander , DTCC, Euroclear, Nomura, and WisdomTree. Rhomaios Ram, CEO of Fnality, declined to provided an updated valuation of his firm. “Fnality’s application of blockchain technology offers a resilient way for institutions to use central bank funds across a wide set of potential use cases,” Mathew McDermott, global head of digital assets at Goldman Sachs, said in a statement. Noticeably large in a year of declining venture capital interest in crypto, Fnality\'s fundraise comes as Wall Street is poised to become one of the bigger mover-and-shakers in blockchain. Optimism for the approval of a spot Bitcoin ETF , a financial vehicle that would open the world\'s largest cryptocurrency to potentially trillions in capital from traditional investors, has reached a fevered pitch. And JPMorgan, run by the famously anti - Bitcoin Jamie Dimon, has continued to explore blockchain technology, including JPM Coin , its private token. Ram, Fnality\'s CEO, spent more than two decades at Deustche Bank and retired in 2016. But in 2017, he agreed to lead a research project backed by 16 financial institutions, including Credit Suisse, UBS, and Deutsche Bank , to assess the validity of using blockchain technology to send and receive cash. And in 2019, buoyed by results from the research, the institutions backed and helped launch Fnality International. Story continues "The thesis for us and many of our investors and participants is there are a lot of innovations within that crypto/DeFi space that really are going to make a massive difference to finance overall," Ram told Fortune , referring to decentralized finance . "The question is, how do you pull them into a regulated environment? Since then, Fnality has built out a private blockchain network, modeled after Ethereum , that allows banks to transfer money 24 hours a day. The network isn\'t live yet, but Ram says a full launch is "imminent" for the U.K., and from there, the U.S. and beyond. "We see ourselves as ultimately a convergence of traditional finance and the methodologies of the DeFi space, for lack of a better word," he said. This story was originally featured on Fortune.com', 'Investors are expecting inflation to have slowed slightly in October, but remain well-above the Fed\'s 2% long-run target. Reuters / Lucas Jackson US stocks traded mixed on Monday as investors look ahead to the October consumer price index. Inflation is expected to have slowed to 3.3% year over year, down from 3.7% in September. Investors are eyeing the possibility of at least one more interest rate hike from the Fed this cycle. US stocks traded mixed on Monday as investors turned their attention to the coming October inflation report. The consumer price index report will roll out Tuesday morning, a key data point for the Federal Reserve to determine its next policy move. Cleveland Fed economists expect headline inflation to have cooled to 3.28% on an annual basis, down from the 3.7% clip reported in September. Markets have raised their expectations for at least one more interest rate hike before the Fed dials back tighter financial conditions, as central bankers say there\'s more work needed to bring down inflation , which remains above the 2% goal. Investors are now pricing in a 27% chance interest rates could rise another 25 basis points by January, up from 15% last week, according to the CME FedWatch tool. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Monday: S&P 500 : 4,411.55, down 0.08% Dow Jones Industrial Average : 34,337.87, up 0.16% (54.77 points) Nasdaq Composite : 13,767.74, down 0.22% Here\'s what else happened today: Markets are headed for a decade of austerity as the "game of macroeconomic musical chairs" will stop, according to an investment chief. Storm clouds are forming over the corporate sector amid higher debt costs and tumbling earnings growth. Forget the budget deficit. These are bigger drivers of Treasury yields, according to one market expert . Investors have plowed $1 billion into crypto funds this year , the third-highest inflow on record. In commodities, bonds, and crypto: West Texas Intermediate crude oil climbed 1.67% to $78.46 a barrel. Brent crude , the international benchmark, ticked higher 1.5% to $82.68 a barrel. Gold rose 0.6% to $1,949.90 per ounce. The 10-year Treasury yield was nearly flat at 4.632%. Bitcoin fell 1% to $36,763. Read the original article on Business Insider', '• US stocks traded mixed on Monday as investors look ahead to the October consumer price index.\n• Inflation is expected to have slowed to 3.3% year over year, down from 3.7% in September.\n• Investors are eyeing the possibility of at least one more interest rate hike from the Fed this cycle.\nUS stocks traded mixed on Monday as investors turned their attention to the coming October inflation report.\nThe consumer price index report will roll out Tuesday morning, a key data point for the Federal Reserve to determine its next policy move. Cleveland Fed economists expect headline inflation to have cooled to 3.28% on an annual basis, down from the 3.7% clip reported in September.\nMarkets have raised their expectations for at least one more interest rate hike before the Fed dials back tighter financial conditions, as central bankers saythere\'s more work needed to bring down inflation, which remains above the 2% goal.\nInvestors are now pricing in a 27% chance interest rates could rise another 25 basis points by January, up from 15% last week, according to the CME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:4,411.55, down 0.08%\n• Dow Jones Industrial Average:34,337.87, up 0.16% (54.77 points)\n• Nasdaq Composite:13,767.74, down 0.22%\nHere\'s what else happened today:\n• Markets are headed for a decade of austerityas the "game of macroeconomic musical chairs" will stop, according to an investment chief.\n• Storm clouds are forming over the corporate sectoramid higher debt costs and tumbling earnings growth.\n• Forget the budget deficit.These are bigger drivers of Treasury yields, according to one market expert.\n• Investors have plowed $1 billion into crypto funds this year, the third-highest inflow on record.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed 1.67% to $78.46 a barrel.Brent crude, the international benchmark, ticked higher 1.5% to $82.68 a barrel.\n• Goldrose 0.6% to $1,949.90 per ounce.\n• The 10-year Treasury yield was nearly flat at 4.6 **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $721,220,612,050 - Hash Rate: 389037994.7160368 - Transaction Count: 428507.0 - Unique Addresses: 670301.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Grayscale Investments Over the last decade, Grayscale products have given more than one million investors the ability to access digital assets, and the brand refresh prepares the firm for continued growth STAMFORD, Conn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest crypto asset manager, with $21.9 billion in assets under management*, today shared that it is celebrating the 10th anniversary of both the firm and its flagship fund, Grayscale Bitcoin Trust (BTC) ( OTCQX: GBTC ), by unveiling its 2023 brand refresh – reflecting the firm’s decade-long evolution, as well as its future-forward commitment to investors. Grayscale’s business was built embracing U.S. financial rules and regulations, underpinned by one fundamental belief: investors deserve transparent, regulated access to crypto. Since 2013, Grayscale has spearheaded digital asset investing and is proud to have grown GBTC into the world’s largest Bitcoin investment vehicle. “Over the last decade, we have created a family of 18 proven investment products, which provide innovative exposure to the crypto ecosystem. To honor our heritage and convey our excitement for the next decade, today we are unveiling our new brand,” said Grayscale CEO Michael Sonnenshein. “Our goal was to reimagine our brand with visual elements that reflect Grayscale’s mission, vision, and values. At Grayscale, we believe everyone should have access to the digital economy, and we will always strive to be the asset manager of choice for savvy, future-focused investors around the world.” Elements of Grayscale’s brand refresh include: New Brand Vision: “Grayscale creates a share of the future for everyone.” New Brand Mission: “Grayscale brings new investment opportunities to scale.” New Motif: Grayscale created a new motif representing interconnected Shares. The motif is composed of triangles that fold into and out of one another. The Shares are built into Grayscale’s wordmark in the form of small triangles taken out of the letters: literally representing a share of Grayscale. Photography: The refreshed brand uses proprietary photography that visually represent various elements of the brand, including motion photography to represent forward-motion and action; reflections and shadows to represent new perspectives; architecture to represent strength and stability; and triangles of light to represent Shares. New Brand Colors: Grayscale intentionally selected a unique, more inclusive color palette that represents its increasingly diverse cross-section of investors. The new brand includes notes of blackberry, coral, and forest green. Story continues Please visit us at the newly redesigned grayscale.com to see Grayscale’s new brand and website. A Media Snippet accompanying this announcement is available by clicking on the image or link below: About Grayscale Investments® Grayscale enables investors to access the digital economy through a family of regulated and future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world’s largest crypto asset manager. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure. Grayscale products are distributed by Grayscale Securities, LLC (Member FINRA/SIPC). For more information, please follow @Grayscale or visit grayscale.com . Media Contact Jennifer Rosenthal [email protected] *As of September 22, 2023. 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:** ['Investors cheered the October CPI report, which showed inflation cooled more than expected last month. THOMAS LOHNES/DDP/AFP/Getty Images US stocks rocketed higher on Tuesday as markets cheered slowing inflation in October. Treasury yields plummeted as result, with the 10-year rate dropping 18 basis points. The soft inflation report reinforced views that the Fed is done hiking rates. Investors sent stocks soaring on Tuesday, cheering the October Consumer Price Index report that showed inflation slowed more than expected last month. The Dow Jones Industrial Average soared 565 basis points, while the S&P 500 and Nasdaq 100 both rocketed more than 2%. The latest CPI report reinforced a potential end to the interest-rate hikes that have hurt growth for over the past year, making a soft landing scenario more likely for the US economy. The odds of a rate hike at the Federal Reserve\'s December meeting fell from 14% to 0% following the report, according to the CME FedWatch Tool . "The inflation fever has broken in the United States," Bill Adams, Chief Economist for Comerica Bank reacted, adding: "October\'s cooler than expected CPI report keeps the Fed on course for rate cuts in 2024." The inflation report saw prices remain flat in October on a monthly basis versus views for a 0.1% uptick. The annual rate slowed to 3.2%, down from 3.7% in September and below views for 3.3%. Core inflation of 4% also came in below forecasts. Meanwhile, Treasury yields plunged, with the 10-year rate diving 18 basis points to 4.45%, and the two-year yield plummeting 20 basis points to 4.84%. In prior months, the market has suffered a major sell off as investors worried of further interest rate hikes to come. "Core CPI came in below expectations with prices lower across the board. This is encouraging for markets and suggests a December hike is off the table," Damanick Dantes, a portfolio strategist at Global X, said. Here\'s where US indexes stood at 11:30 a.m. ET on Tuesday: S&P 500 : 4,502.20, up 2.07% Dow Jones Industrial Average : 34,911.48, up 1.67% (+573.61 points) Story continues Nasdaq Composite : 14,077.93, up 2.25% Here\'s what else is happening today: Gear up for massive interest cuts in 2024 as a recession is set to kick in, UBS said. Warren Buffett\'s Berkshire Hathaway has sold over 60% of BYD. Here are five possible reasons why . Top Wall Street billionaires are nervous about a world war. Markets don\'t seem as anxious . Investors are the most bullish on bonds since the depth of the Great Financial Crisis. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 0.33% to $78.58 a barrel. Brent crude , the international benchmark, climbed 0.53% to $82.82 a barrel. Gold inched up 0.48% to $1,956.47 per ounce. The 10-year Treasury yield dropped 18 basis points to 4.45%. Bitcoin was essentially flat at $36,542. Read the original article on Business Insider', '• US stocks rocketed higher on Tuesday as markets cheered slowing inflation in October.\n• Treasury yields plummeted as result, with the 10-year rate dropping 18 basis points.\n• The soft inflation report reinforced views that the Fed is done hiking rates.\nInvestors sent stocks soaring on Tuesday, cheering the October Consumer Price Index report that showed inflation slowed more than expected last month.\nThe Dow Jones Industrial Average soared 565 basis points, while the S&P 500 and Nasdaq 100 both rocketed more than 2%.\nThe latestCPI reportreinforced a potential end to the interest-rate hikes that have hurt growth for over the past year, making a soft landing scenario more likely for the US economy. The odds of a rate hike at the Federal Reserve\'s December meeting fell from 14% to 0% following the report, according to theCME FedWatch Tool.\n"The inflation fever has broken in the United States," Bill Adams, Chief Economist for Comerica Bank reacted, adding: "October\'s cooler than expected CPI report keeps the Fed on course for rate cuts in 2024."\nThe inflation report saw prices remain flat in October on a monthly basis versus views for a 0.1% uptick. The annual rate slowed to 3.2%, down from 3.7% in September and below views for 3.3%. Core inflation of 4% also came in below forecasts.\nMeanwhile, Treasury yields plunged, with the 10-year rate diving 18 basis points to 4.45%, and the two-year yield plummeting 20 basis points to 4.84%. In prior months, the market has suffered a major sell off as investors worried of further interest rate hikes to come.\n"Core CPI came in below expectations with prices lower across the board. This is encouraging for markets and suggests a December hike is off the table," Damanick Dantes, a portfolio strategist at Global X, said.\nHere\'s where US indexes stood at 11:30 a.m. ET on Tuesday:\n• S&P 500: 4,502.20, up 2.07%\n• Dow Jones Industrial Average: 34,911.48, up 1.67% (+573.61 points)\n• Nasdaq Composite: 14,077.93, up 2.25%\nHere\'s what else is happening today:\n• Gear up formassive interest cuts in 2024as a recession is set to kick in, UBS said.\n• Warren Buffett\'s Berkshire Hathaway has sold over 60% of BYD. Here arefive possible reasons why.\n• Top Wall Street billionaires are nervous about a world war.Markets don\'t seem as anxious.\n• Investors are the most bullish on bondssince the depth of the Great Financial Crisis.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.33% to $78.58 a barrel.Brent crude, the international benchmark, climbed 0.53% to $82.82 a barrel.\n• Goldinched up 0.48% to $1,956.47 per ounce.\n• The 10-year Treasury yield dropped 18 basis points to 4.45%.\n• Bitcoinwas essentially flat at $36,542.\nRead the original article onBusiness Insider', 'MEXICO (AP) — The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego said Tuesday it had failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments.\nSalinas Pliego\'s TV Azteca company issued a statement Tuesday saying it needed a restructuring of bonds that come due in 2024 because business was so bad.\nTV Azteca said it had been in a U.S. court-ordered mediation with bondholders since September, but that process concluded when “the parties were unable to reach a consensual resolution.”\nAccording to the statement, the dispute involves about $400 million in bonds, with about $105 million in past-due payments.\nIt is an usual situation for Salinas Pliego, who frequently takes to his social media accounts to hand out money or merchandise, and posts photos showing his lavish lifestyle, with yachts and expensive vehicles.\nHe also often posts strings of stinging insults targeting political figures he disagrees with.\nAccording to the company statement, the bondholders wanted $105 million paid when a deal was reached, in exchange for a restructuring that would grant a six-year extension to 2030 on full repayment.\nTV Azteca offered a $45 million initial payment and a mix of six- and eight-year extensions on the bonds’ due dates.\nThe company said it had been hit by the coronavirus pandemic, a decline in advertising, “the continued deterioration of the TV broadcasting industry and Mexico’s economy as well as additional pressures on the company’s cash flow generating capabilities.”\nNone of that could be seen in Salinas Pliego\'s social media posts, where he posted last week that “to take advantage of the long weekend, we took a trip to New York City, to see what to buy at the art auctions.”\nHe also posted videos of a yacht and private plane, writing “how pretty the fruits of my labor are.”\nTo celebrate the 30th anniversary of TV Azteca, he offered to give away a mansion and luxury cars.\nSalinas Pliego, who describes himself as "Bitcoin holder, businessman, Libertarian,” has developed a following on social media for his incendiary attacks on political and public figures.\nHe has had fallings-out with the government,and frequently criticizes one ruling-party congresswoman in Mexico, mocking her weight and calling her “a pig.”', 'MEXICO (AP) — The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego said Tuesday it had failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments. Salinas Pliego\'s TV Azteca company issued a statement Tuesday saying it needed a restructuring of bonds that come due in 2024 because business was so bad. TV Azteca said it had been in a U.S. court-ordered mediation with bondholders since September, but that process concluded when “the parties were unable to reach a consensual resolution.” According to the statement, the dispute involves about $400 million in bonds, with about $105 million in past-due payments. It is an usual situation for Salinas Pliego, who frequently takes to his social media accounts to hand out money or merchandise, and posts photos showing his lavish lifestyle, with yachts and expensive vehicles. He also often posts strings of stinging insults targeting political figures he disagrees with. According to the company statement, the bondholders wanted $105 million paid when a deal was reached, in exchange for a restructuring that would grant a six-year extension to 2030 on full repayment. TV Azteca offered a $45 million initial payment and a mix of six- and eight-year extensions on the bonds’ due dates. The company said it had been hit by the coronavirus pandemic, a decline in advertising, “the continued deterioration of the TV broadcasting industry and Mexico’s economy as well as additional pressures on the company’s cash flow generating capabilities.” None of that could be seen in Salinas Pliego\'s social media posts, where he posted last week that “to take advantage of the long weekend, we took a trip to New York City, to see what to buy at the art auctions.” He also posted videos of a yacht and private plane, writing “how pretty the fruits of my labor are.” To celebrate the 30th anniversary of **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $692,744,977,050 - Hash Rate: 475848125.7683755 - Transaction Count: 561942.0 - Unique Addresses: 770577.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC)neared the $28,000 markearly Monday before retreating as crypto bulls seemed to bet on hopes of a major spot bitcoin exchange-traded fund (ETF) going live in the U.S. in the coming months. Bearish trades among bitcoin futures cost traders some $27 million within a few hours on the move during Asian morning hours. Open interest – the number of unsettled futures contracts, which may indicate market liquidity – rose 6.7%, showing improved trader participation over the past 12 hours. Popular crypto investor Anthony Scaramucci, the founder and managing partner at SkyBridge Capital, said in a podcast he expected bitcoin toeventually becomea $15 trillion asset over the coming years, calling it “more valuable than gold.” Bitcoin led gains among major tokens, with Solana’s SOL and Tron’s TRX also climbing.SOL jumpedas a bankruptcy estate for beleaguered crypto exchange FTX – which holds billions worth of SOL – staked nearly 10% of its holdings, damping fears of a token sell-off. Among other alternative tokens, Bitcoin Cash (BCH) and Bitcoin SV (BSV), bothbitcoin forks, gained as much as 11% while crypto casino Rollbit’s RLB tokens surged as much as 14%. Elsewhere, crypto game Big Time’s BIGTIME tokens jumped 350% shortly after listing on influential exchange Coinbase (COIN). However, analysts at Delphi Digital said they considered the token an "extremely risky asset to be trading right now." "Before touching on some of the game-related concerns, it is important to point out that it is incredibly hard to find any reliable sources on what BIGTIME tokenomics looks like," analyst Joseph Lloyd said in a client note shared with CoinDesk. "There is no vesting schedule, no mention of allocations, and no concrete info on the current circulating supply (will update when we have this info). All we know is that so far, approximately 5% of the total supply has been airdropped to players and is being actively traded on the open market."... - Reddit Posts (Sample): [['u/k112358', 'Real world use cases for KAS?', 10, '2023-11-15 00:49', 'https://www.reddit.com/r/kaspa/comments/17vg0w3/real_world_use_cases_for_kas/', "Hi all, I'm seeking some clarity and would appreciate any resources to help my understanding.\n\nKaspa's technological advancements are evident- offering a POW solution similar to BTC but with improved capabilities. It presents a fast, secure, and decentralized POW chain with a fair launch, addressing the famous trilemma.\n\nMy curiosity isn't about Kaspa's technical superiority over other tokens or projects like ETH. Instead, I'm interested in the practical applications of Kaspa in the real world, especially those that could gain widespread adoption. I'm struggling to see how it surpasses BTC as a 'digital gold' or XMR as a peer-to-peer currency. I'm also questioning how its technical superiority will translate into significant real-world impact.\n\nI'm enthusiastic about Kaspa's technology, but I'm trying to understand how its technical advancements translate into tangible benefits in a market with established competitors.\n\nMy concern is that the focus might be too heavily placed on its technological edge, rather than how this technology can create a meaningful impact in the real world that resonates with people.", 'https://www.reddit.com/r/kaspa/comments/17vg0w3/real_world_use_cases_for_kas/', '17vg0w3', [['u/Mechanical_Potato', 15, '2023-11-15 01:20', 'https://www.reddit.com/r/kaspa/comments/17vg0w3/real_world_use_cases_for_kas/k9adsr5/', 'Kaspa is beating Bitcoin to the vision of a p2p currency -- actual usable day to day currency for normal people.', '17vg0w3']]], ['u/jamminbenk', 'Gaslighting businesses', 67, '2023-11-15 02:43', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/', "When cashiers ask me cash or card, I like to reply bitcoin. Usually this involves a laugh reaction from the cashier. I give them the perplexed look like everyone else is accepting it... you aren't?", 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/', '17vifb8', [['u/Jigglepuff07991', 92, '2023-11-15 03:03', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9asfa4/', 'This is the same mechanism that drove Apple Pay adoption up over time. Love it!', '17vifb8'], ['u/Beautiful_Traffic666', 26, '2023-11-15 03:07', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9at2mk/', 'So you are an asshole to regular random strangers for no reason.\n\nCool story dick.', '17vifb8'], ['u/knaks74', 11, '2023-11-15 03:20', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9auytm/', 'Neck beard level cringe.', '17vifb8'], ['u/mookizee', 49, '2023-11-15 03:20', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9auzsw/', "I really am at odds with myself. As a holder Im really starting to think i don't like bitcoiners, or at least the stereotypical perception of one", '17vifb8'], ['u/shadowmage666', 91, '2023-11-15 03:45', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9ayjfq/', 'Cashiers 99% of the time have no say in the payment processing infrastructure of the stores they are working in. Your best bet would be the sheer luck that it’s a mom and pop and the cashier is the owner.', '17vifb8'], ['u/jamminbenk', 29, '2023-11-15 03:50', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9azd0m/', 'The closer you get to a major city the more true this gets. The more rural you go, the more you\'ll find that store owners are typically using that store as their income and they take care of day to day operations themselves. This is especially true in places Ike gun shops and convenience stores. While they might not be working the cash register, they\'re usually within ear shot. But in any case, I think you\'re overestimating the impact this would have on a person emotionally. it certainly isn\'t my goal to "be a dick" to anyone for no reason.', '17vifb8'], ['u/Substantial_Run8010', 70, '2023-11-15 04:02', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9b108x/', 'Those cashiers are underpaid and deal with shitty, entitled customers all day. They just want you to pay and leave, not listen to some nerd talk about Bitcoin. And they have zero power to actually change anything, you should be propositioning corporate.\n\nI\'m cringing just thinking about you replying "Bitcoin" and the awkward, forced laugh that follows it. Seriously, stop doing this', '17vifb8'], ['u/Kakkarot1707', 23, '2023-11-15 04:33', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9b5de7/', 'Yea cause the cashier is gonna work with the ceo to accept Bitcoin lol please don’t make their job any worse than it already is 😭😭😭', '17vifb8'], ['u/Large-Aerie7063', 103, '2023-11-15 04:45', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9b6xe5/', 'I hope when you go on dates you tell this story', '17vifb8'], ['u/slvbtc', 12, '2023-11-15 05:17', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bb3jb/', '99% of stores (both online and brick & mortar stores) will never "accept bitcoin". \n\nWhat will happen is one day there will be a service that allows businesses to accept lightning QR codes and recieve dollars directly into their business bank account. Businesses will do this because it will allow them to accept sats or LN based stable coins from anyone on earth without having to think. All they will know is they provide a lightning QR code and recieve dollars into their business bank account same day instead of waiting weeks for card payments to settle.\n\nOnce enough businesses around the world globally accept lightning invoices the demand for lightning wallets will rise exponentially. The rise in demand for lightning wallets will force banks to have to integrate lightning allowing their customers to send their fiat balance to lightning invoices and recieve fiat via lightning invoices. Then once banks integrate lightning payments within theur banking apps the rest of the worlds lagging merchants will adopt lightning invoices.\n\nAt this point anyone with a bank acocunt will be able to pay via lightning to any merchant on earth and even people without a bank account will be able to use sats in a simple lightning wallet to pay to any merchant on earth.\n\nBusinesses will never "accept bitcoin". They will just use lightning based payments technology to accept fiat. Then slowly over the next few decades as the dollar dies merchants will simply start pricing goods and services in sats instead of dollars.', '17vifb8'], ['u/SpecialEffectZz', 36, '2023-11-15 05:39', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bdu67/', "Yeah that's just cringe af and you make yourself look like a fool.", '17vifb8'], ['u/SpecialEffectZz', 24, '2023-11-15 05:40', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bdw3h/', 'This guy really thinks he did something here what an embarrassment lol.', '17vifb8'], ['u/pastpartinipple', 13, '2023-11-15 06:03', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bgk94/', "I really wish you all would stop calling it that. Cashiers legitimately think it doesn't work with android.", '17vifb8'], ['u/GI-JoeExotic', 18, '2023-11-15 06:11', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bhjwt/', "People call it Apple pay because that's Apple's official name for their version of it, and most card readers with NFC capabilities have the official apple pay logo, so people will never stop calling it that until industry standards change. \n\nAnd just to clarify, I'm not defending Apple, just stating facts while typing this out on my Pixel 6.", '17vifb8'], ['u/1001001', 14, '2023-11-15 07:24', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bp0wi/', 'This isn’t how adoption happens. It’s just annoying and will put people off.', '17vifb8'], ['u/greenmoonwine', 12, '2023-11-15 08:02', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bsd1b/', 'Op is not a stereotypical Bitcoiner. Ive met many Bitcoiners at different meet ups and conferences and such. Bitcoiners are generally the most down to earth, hard working people you’ll meet. Don’t think what you read/see on Reddit reflects how most of us are.', '17vifb8'], ['u/Moist_Confusion', 16, '2023-11-15 08:11', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9bt5m6/', 'This felt like a troll to make Bitcoin people look like goofy goobers.', '17vifb8'], ['u/ciotripa', 19, '2023-11-15 08:33', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9buymb/', 'You’re not gaslighting the business, you are annoying some random cashier who doesn’t get paid enough to have you waste their time. Grow up bro.', '17vifb8'], ['u/liquefire81', 28, '2023-11-15 13:42', 'https://www.reddit.com/r/Bitcoin/comments/17vifb8/gaslighting_businesses/k9cl358/', 'As long as she accepts bitcoin, youve got a date', '17vifb8']]], ['u/Onlyiwilleverknow', 'Men be honest with me here...', 11, '2023-11-15 03:29', 'https://www.reddit.com/r/lonely/comments/17vjdc3/men_be_honest_with_me_here/', '(F23) now I know this sounds vain but I have a real bone to pick and I\'m sick and tired of the ones I keep meeting. \n\nWith that said, do I really have to be a btch and walk all over a man for them to love and respect me?\n\nFirstly let\'s get some things taken note of, I\'m naturally attractive - My female friends refer to me as "the hot friend". Despite being quite modest I get a fair amount of male attention from all different types. Although aware of this, I don\'t feel it due to my most recent ex degrading me and causing insecurities within me. \n\nSecond, I am wife material - I get told this all of the time. The care, love and... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Xinhua/Wang Ying/ Getty Images US stocks closed higher on Wednesday after more data showed a continued decline in inflation. The producer price index fell by the most since April 2020 and came in below economists\' estimates. Retail sales fell 0.1% in October, but rose modestly when excluding auto and gasoline sales. US stocks closed higher on Wednesday, extending gains from Tuesday\'s sharp rally after fresh data showed a continued decline in inflation. The Producer Price Index fell 0.5% in October from the prior month, representing the largest decline since April 2020 and a sharp reversal from the 0.4% gain seen in September. On an annual basis, the PPI rose 1.3%, down from 2.2% in September. The reading follows Tuesday\'s Consumer Price Index report, which showed prices paid by consumers rose less than expected last month. Together, the two reports should be encouraging to the Federal Reserve, as it has been aggressively hiking interest rates over the past 18 months in a bid to tame inflation without plunging the economy into a recession. Recent retail sales data also suggests it\'s accomplishing this goal. Retail sales slowed in October, falling 0.1% in its first monthly decline since March. The dip was less than forecasts for a 0.3% drop, and excluding auto sales and gasoline, retail sales increased 0.1% last month. "Consumer spending momentum in Q4 will likely slow but the solid appetite for online shopping bodes well for the upcoming holiday sales period," LPL\'s chief economist Jeff Roach told Insider. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday: S&P 500 : 4,502.88, up 0.16% Dow Jones Industrial Average : 34,991.21, up 0.47% (+163.51 points) Nasdaq Composite : 14,103.84, up 0.07% Here\'s what else happened today: The US government\'s borrowing costs have surged past those of developing nations with much poorer debt ratings such as Vietnam, Morocco, and Bulgaria. Ken Griffin discussed everything from retail investors and choppy markets to raging wars and a looming recession during an interview on Tuesday. Here are the best quotes. Warren Buffett\'s\xa0Berkshire Hathaway sold a bunch of long-held stocks last quarter, and started building positions in one or more mystery companies. Tesla is now a top 10 holding of the Mormon Church\'s $47 billion stock portfolio. Here\'s what else it owns. Some hedge funds sold Nvidia stock in the third-quarter, realizing a profit in what has become the best performing S&P 500 stock this year. More home sellers have resorted to offering buyers concessions – free offerings intended to make a sale more affordable for buyers – in order to close deals. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 2.13% to $76.59 a barrel. Brent crude , the international benchmark, fell 1.75% to $81.03 a barrel. Gold dropped 0.14% to $1,963.80 per ounce. The 10-year Treasury yield rose eight basis point to 4.52%. Bitcoin jumped 5.57% to $37,532. Read the original article on Business Insider', '• US stocks closed higher on Wednesday after more data showed a continued decline in inflation.\n• The producer price index fell by the most since April 2020 and came in below economists\' estimates.\n• Retail sales fell 0.1% in October, but rose modestly when excluding auto and gasoline sales.\nUS stocks closed higher on Wednesday, extending gains fromTuesday\'s sharp rallyafter fresh data showed a continued decline in inflation.\nThe Producer Price Index fell 0.5% in October from the prior month, representing the largest decline since April 2020 and a sharp reversal from the 0.4% gain seen in September. On an annual basis, the PPI rose 1.3%, down from 2.2% in September. The reading follows Tuesday\'s Consumer Price Index report, which showed prices paid by consumers rose less than expected last month.\nTogether, the two reports should be encouraging to the Federal Reserve, as it has been aggressively hiking interest rates over the past 18 months in a bid to tame inflation without plunging the economy into a recession.\nRecent retail sales data also suggests it\'s accomplishing this goal. Retail sales slowed in October, falling 0.1% in its first monthly decline since March. The dip was less than forecasts for a 0.3% drop, and excluding auto sales and gasoline, retail sales increased 0.1% last month.\n"Consumer spending momentum in Q4 will likely slow but the solid appetite for online shopping bodes well for the upcoming holiday sales period," LPL\'s chief economist Jeff Roach told Insider.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500:4,502.88, up 0.16%\n• Dow Jones Industrial Average:34,991.21, up 0.47% (+163.51 points)\n• Nasdaq Composite:14,103.84, up 0.07%\nHere\'s what else happened today:\n• TheUS government\'s borrowing costs have surged past those of developing nationswith much poorer debt ratings such as Vietnam, Morocco, and Bulgaria.\n• Ken Griffin discussed everything from retail investors and choppy marketsto raging wars and a looming recession during an interview on Tuesday.Here are the best quotes.\n• Warren Buffett\'s\xa0Berkshire Hathaway sold a bunch of long-held stocks last quarter,and started building positions in one or more mystery companies.\n• Tesla is now a top 10 holding of the Mormon Church\'s $47 billion stock portfolio. Here\'s what else it owns.\n• Some hedge funds sold Nvidia stock in the third-quarter,realizing a profit in what has become the best performing S&P 500 stock this year.\n• More home sellers have resorted to offering buyers concessions– free offerings intended to make a sale more affordable for buyers – in order to close deals.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 2.13% to $76.59 a barrel.Brent crude, the international benchmark, fell 1.75% to $81.03 a barrel.\n• Golddropped 0.14% to $1,963.80 per ounce.\n• The 10-year Treasury yield rose eight basis point to 4.52%.\n• Bitcoinjumped 5.57% to $37,532.\nRead the original article onBusiness Insider', "J.P. Morgan and Apollo Global's blockchain platform, Onyx, haveannounceda proof-of-concept in partnership with Avalanche as part of the Monetary Authority of Singapore's Project Guardian. The aim of this initiative is to transform asset and wealth management by utilizing blockchain, smart contracts, and tokenization to simplify portfolio management, particularly for traditionally challenging alternative assets.\nThe proof-of-concept links Onyx Digital Assets with an Avalanche Evergreen subnet through the LayerZero protocol. This Evergreen subnet is a specialized blockchain tailored to meet institutional requirements, focusing on network privacy, gas features, and permissioning.\nFollowing this announcement,AVAX, the native token of the Avalanche blockchain, saw a 26% surge in the past 24 hours, reaching $22.69. The AVAX token gained over 142% in the past month amidst a market-wide rally.\nThe established infrastructure enables Onyx Digital Asset portfolios to access tokenized funds offered by WisdomTree, a New York-based asset manager valued at $94 billion. WisdomTree is also among the contenders seeking to introduce a spot Bitcoin ETF.\nTyrone Lobban, Head of Onyx Digital Assets, said:\n“By leveraging the power of blockchain technology we have shown how the construction and management of discretionary portfolios could be revolutionized.”\nJohn Wu, the President of Ava Labs, underscored that this initiative aligns with Ava Labs' mission to digitize and tokenize global assets, capitalizing on the speed, scalability, and adaptability of Avalanche.\nProject Guardian, initiated by the Monetary Authority of Singapore in May 2022, explores use cases for asset tokenization in the financial industry.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "JPMorgan and Apollo Global Unveil Blockchain Asset Management Proof-of-Concept with Avalanche J.P. Morgan and Apollo Global's blockchain platform, Onyx, have announced a proof-of-concept in partnership with Avalanche as part of the Monetary Authority of Singapore's Project Guardian. The aim of this initiative is to transform asset and wealth management by utilizing blockchain, smart contracts, and tokenization to simplify portfolio management, particularly for traditionally challenging alternative assets. The proof-of-concept links Onyx Digital Assets with an Avalanche Evergreen subnet through the LayerZero protocol. This Evergreen subnet is a specialized blockchain tailored to meet institutional requirements, focusing on network privacy, gas features, and permissioning. Following this announcement, AVAX , the native token of the Avalanche blockchain, saw a 26% surge in the past 24 hours, reaching $22.69. The AVAX token gained over 142% in the past month amidst a market-wide rally. The established infrastructure enables Onyx Digital Asset portfolios to access tokenized funds offered by WisdomTree, a New York-based asset manager valued at $94 billion. WisdomTree is also among the contenders seeking to introduce a spot Bitcoin ETF. Tyrone Lobban, Head of Onyx Digital Assets, said: “By leveraging the power of blockchain technology we have shown how the construction and management of discretionary portfolios could be revolutionized.” John Wu, the President of Ava Labs, underscored that this initiative aligns with Ava Labs' mission to digitize and tokenize global assets, capitalizing on the speed, scalability, and adaptability of Avalanche. Project Guardian , initiated by the Monetary Authority of Singapore in May 2022, explores use cases for asset tokenization in the financial industry. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .", "SEC Delays Decision on Grayscale Ethereum Futures Application The U.S. Securities and Exchange Commission (SEC) has commu **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $714,766,596,625 - Hash Rate: 475848125.7683755 - Transaction Count: 628426.0 - Unique Addresses: 813390.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Reuters / Brendan McDermid US stocks moved higher on Thursday, while bond yields fell. The Dow Jones Industrial Average gained more than 100 points. The 10-year yield retreated from a 15-year high to about 4.606%. US stocks closed in the green on Thursday as bond yields retreated from multi-year highs. Investors pushed stocks higher as they try to rebound from steep losses in the month. The 10-year US Treasury edged down from its highest market since 2007, giving some relief to traders that have been dealing with the outlook for higher-for-longer interest rates since last week's Federal Reserve policy meeting. "As we've been highlighting the market has been stuck in a bit of a negative feedback loop without a clear catalyst to break that," Michael Reinking, senior market strategist at the NYSE said. "The moves in equities, the US dollar, bonds and oil are all starting to approach extreme levels so traders are on the lookout for a counter trend overbought/oversold move." Earlier in the day, the Labor Department announced initial jobless claims climbed to 204,000 for the week leading up to September 23, below the estimated 214,000. At the same time, continuing claims moved higher to 1.67 million, just below estimates. Here's where US indexes stood as the market closed 4:00 p.m. on Thursday: S&P 500 : 4,299.71, up 0.59% Dow Jones Industrial Average : 33,666.34, up 0.35% (+116.07 points) Nasdaq Composite : 13,201.28, up 0.83% Here's what else is going on: Peloton stock surged following the announcement of its Lululemon partnership . Pending home sales plunged in August as high mortgage rates weigh on Americans. Home ownership is now unaffordable in 80% of US counties . The post-crisis era for stocks was "Easy Street" for investors , but that's unlikely to be repeated. Surging oil prices could cause demand to crumble, and one energy executive said that Saudi Arabia could take its "foot off the brake" sooner than markets expect to. Bond vigilantes may be waking up as the US deficit balloons, a market veteran said. Tech stocks could have a "springboard for growth" into 2024 that Wall Street has underestimated, Dan Ives said. Story continues In commodities, bonds, and crypto: Oil prices dropped, with West Texas Intermediate down 2.12% to $91.68 a barrel. Brent crude , the international benchmark fell 1.43% to $95.17 a barrel. Gold edged lower 0.44% to $1,882.50 per ounce. The 10-year Treasury yield moved fell five basis points to 4.579%. Bitcoin climbed 2.70% to $26,959.61. 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:** ['• US stocks dropped on Thursday as traders took in fresh economic data.\n• Industrial production fell 0.6% in October, more than the expected 0.4% decline.\n• Weekly jobless claims came in at 231,000, higher than the estimated 220,000.\nUS stocks declined on Thursday following fresh manufacturing and labor market data, as the strong rally over the course of the week hit pause.\nIndustrial production dropped 0.6% in October, more than the consensus estimate for a 0.4% decline. At the same time, September\'s reading was revised down to a 0.1% increase, from 0.3%. Those declines came amid the UAW strike, with automotive production in particular seeing a 10.3% plunge.\nEarlier in the day, weekly jobless claims clocked in at 231,000, higher than the estimated 220,000. Continuing claims, meanwhile, rose to 1.865 million, above the 1.853 million expected.\n"October\'s decline in industrial production was largely as expected, with the UAW strike driving a large decline in production of cars, trucks, and parts," Bill Adams, chief economist for Comerica Bank said in emailed comments Thursday. "More noteworthy, initial and continued jobless claims rose in the first half of November, even after striking UAW members returned to their jobs."\nThat data comes one day after markets saw the latest sign of cooling inflation, with the producer price index dropping by the most since April 2020. In October, the year-over-year reading hit 1.3%, lower than the 2.2% seen the prior month. The reading follows October consumer inflation data, which also showed prices rising at a slower rate during the month.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:4,508.25, up 0.12%\n• Dow Jones Industrial Average:34,945.47, down 0.13% (-45.61 points)\n• Nasdaq Composite:14,113.67, up 0.07%\nHere\'s what else is going on:\n• The biggest stablecoin playerwants to be a major bitcoin miner.\n• Here\'s three things for investors to look out for as theychase a year-end stock-market rally.\n• AI hype in the stock market is starting to cool off, according tothis chart.\n• Foreign investors may be turning bullish on China again asbond purchases jump.\n• Russiasold 99% of its oil above the G7\'s price caplast month.\n• The dogecoin community is planning tolaunch a physical tokento the moon in December.\n• Charlie Mungerblasted the ridiculous ideathat Warren Buffett enriched himself at his shareholders\' expense.\n• The stock market looks overbought, and Fundstrat said the week\'s stunning rally could soon hit a wall.\n• Tech billionaire Michael Dellmocked his old foe Carl Icahnabout his holding company\'s plunging stock price.\n• The Dow reversed its short-lived bearish death cross andflashed a bullish signal.\nIn commodities, bonds, and crypto:\n• Oil prices tumbled, withWest Texas Intermediatedown nearly 5% to $73.08 a barrel.Brent crude, the international benchmark, moved lower 4.4% to $77.60 a barrel.\n• Goldedged higher 1% to $1,984.50 per ounce.\n• The10-year Treasury yieldmoved lower eight basis points to hover at 4.453%.\n• Bitcoindropped 4% to $36,026.\nRead the original article onBusiness Insider', 'Traders work on the floor of the NYSE Thomson Reuters US stocks dropped on Thursday as traders took in fresh economic data. Industrial production fell 0.6% in October, more than the expected 0.4% decline. Weekly jobless claims came in at 231,000, higher than the estimated 220,000. US stocks declined on Thursday following fresh manufacturing and labor market data, as the strong rally over the course of the week hit pause. Industrial production dropped 0.6% in October, more than the consensus estimate for a 0.4% decline. At the same time, September\'s reading was revised down to a 0.1% increase, from 0.3%. Those declines came amid the UAW strike, with automotive production in particular seeing a 10.3% plunge. Earlier in the day, weekly jobless claims clocked in at 231,000, higher than the estimated 220,000. Continuing claims, meanwhile, rose to 1.865 million, above the 1.853 million expected. "October\'s decline in industrial production was largely as expected, with the UAW strike driving a large decline in production of cars, trucks, and parts," Bill Adams, chief economist for Comerica Bank said in emailed comments Thursday. "More noteworthy, initial and continued jobless claims rose in the first half of November, even after striking UAW members returned to their jobs." That data comes one day after markets saw the latest sign of cooling inflation, with the producer price index dropping by the most since April 2020. In October, the year-over-year reading hit 1.3%, lower than the 2.2% seen the prior month. The reading follows October consumer inflation data, which also showed prices rising at a slower rate during the month. Here\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday: S&P 500 : 4,508.25, up 0.12% Dow Jones Industrial Average : 34,945.47, down 0.13% (-45.61 points) Nasdaq Composite : 14,113.67, up 0.07% Here\'s what else is going on: The biggest stablecoin player wants to be a major bitcoin miner . Here\'s three things for investors to look out for as they chase a year-end stock-market rally . AI hype in the stock market is starting to cool off, according to this chart . Foreign investors may be turning bullish on China again as bond purchases jump . Russia sold 99% of its oil above the G7\'s price cap last month. The dogecoin community is planning to launch a physical token to the moon in December. Charlie Munger blasted the ridiculous idea that Warren Buffett enriched himself at his shareholders\' expense. The stock market looks overbought , and Fundstrat said the week\'s stunning rally could soon hit a wall. Tech billionaire Michael Dell mocked his old foe Carl Icahn about his holding company\'s plunging stock price. The Dow reversed its short-lived bearish death cross and flashed a bullish signal . Story continues In commodities, bonds, and crypto: Oil prices tumbled, with West Texas Intermediate down nearly 5% to $73.08 a barrel. Brent crude , the international benchmark, moved lower 4.4% to $77.60 a barrel. Gold edged higher 1% to $1,984.50 per ounce. The 10-year Treasury yield moved lower eight basis points to hover at 4.453%. Bitcoin dropped 4% to $36,026. Read the original article on Business Insider', "BlackRock, the largest global asset manager, has officiallysubmitteda filing to the United States Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on Ethereum. The proposed ETF, known as iShares Ethereum Trust, seeks to mirror the performance of Ethereum's price, as stated in the Form S-1 filed by iShares, a brand associated with BlackRock's ETF products.\nThis recent filing follows BlackRock's registration of the entity iShares Ethereum Trust with the Delaware Department of State Division of Corporations. Furthermore, Nasdaq's filing for the ETF confirms BlackRock's participation in a spot Ether ETF.\nCoinbase Custody Trust Company has been selected as the custodian for BlackRock's proposed spot Ether ETF, aligning with the custodian choice for its planned spot Bitcoin ETF. The ETF will utilize the CME CF Bitcoin Reference Rate from CF Benchmarks, a Kraken subsidiary, as its benchmark.\nThe announcement of this news led to a nearly 2% increase in the price of Ether (ETH), reaching approximately $2,080.\nIn a previous filing, BlackRock submitted an application for the iShares Bitcoin spot ETF in June, and the SEC's decision is still pending.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", 'Tether Expands into Bitcoin Mining With $500M Investment Tether, a company specializing in stablecoins, is preparing for a significant expansion into Bitcoin mining, with a planned investment of approximately $500 million over the next six months. In an interview with Bloomberg , Paolo Ardoino, the expected CEO of Tether, shared the company\'s intentions to construct mining facilities and invest in other miners. The focus of this expansion will be on establishing mining sites in Uruguay, Paraguay, and El Salvador, with the goal of increasing Tether\'s computing power to represent 1% of the BTC mining network. These new facilities will have a capacity ranging from 40 to 70 megawatts. This mining investment is part of Tether\'s recent $610 million debt financing facility, which was extended to German miner Northern Data Group. Tether has been actively increasing its loans throughout the year and had previously made a strategic investment in Northern Data Group to support initiatives related to artificial intelligence. Ardoino outlined Tether\'s mining objectives, aiming to achieve 120 megawatts of direct mining operations by the end of this year and an impressive 450 megawatts by the end of 2025. The company is also considering the establishment of a 300-megawatt facility and plans to set up its mining infrastructure inside containers that can be relocated based on fluctuations in electricity prices. Ardoino emphasized that Tether\'s approach to mining is gradual, stating, "We are not in a hurry to become the largest miner in the world." In December, Paolo Ardoino will assume the role of Tether\'s CEO while maintaining his position as the chief technical officer of parent company Bitfinex, as previously announced in October. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form . View comments', 'Tether, a company specializing in stablecoins, is preparing for a significant expansion into Bitcoin mining, with a planned investment of approximately $500 million over the next six months. In an interview withBloomberg, Paolo Ardoino, the expected CEO of Tether, shared the company\'s intentions to construct mining facilities and invest in other miners. The focus of this expansion will be on establis **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $710,905,283,712 - Hash Rate: 482278505.8463265 - Transaction Count: 536644.0 - Unique Addresses: 760684.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The cryptocurrency rally, which had abruptly stalled over the past couple of months, has regained momentum this month, with Bitcoin (BTC) trading above $36,600 on Nov 8. The rally comes amid a spate of developments and soaring optimism around the overall crypto market. The bullish trend is expected to continue in the last two months of the year as well. The cryptocurrency market staged a solid turnaround in the first seven months of the year after a disappointing 2022. However, the rally stalled in early August, and prices have been rangebound since then. The fresh rally comes on the heels of some positive news and upbeat investor sentiment following the Fed’s decision to keep interest rates unchanged in the range of 5.25-5.5% in its September and November FOMC meetings back-to-back. Although the Fed said that inflation is still way above its 2% target, which has kept it open for another 25-basis-point interest rate hike this year, fresh jobs data hinted at a cooling labor market. This has raised expectations that the Federal Reserve may be done with its monetary tightening campaign. Higher interest rates typically have a negative impact on growth sectors such as technology, consumer discretionary and cryptocurrency. Hence, the Federal Reserve's decision to pause rate hikes bodes well for the cryptocurrency space. This was all major cryptocurrencies like Bitcoin, Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE) and BNB (BNB) rebounding this month. Another factor behind the rally is soaring expectations among investors that the Securities and Exchange Commission (SEC) is just on the anvil of approving a Bitcoin exchange-traded fund (ETF). The expected approval by the SEC for a Bitcoin ETF is likely to boost demand, allowing conventional investors to access Bitcoin and other cryptocurrencies through regular stock markets. Additionally, it's expected to attract new investments into the crypto industry, potentially resulting in heightened demand. In fact, Bitcoin has now more than doubled this year, and the rally is expected to continue. Year to date, Bitcoin price has soared more than 121.6%. Our Choices NVIDIA Corporation NVDA is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence, and the mining or production of cryptocurrencies. Story continues NVIDIA’s expected earnings growth rate for the current year is 221.6%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. NVIDIA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here . Interactive Brokers Group, Inc. IBKR is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures. Interactive Brokers Group has an expected earnings growth rate of 41.7% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 2.1% over the last seven days. IBKR currently has a Zacks Rank #2 (Buy). Block Inc. SQ is an online digital and mobile payment platform for consumers and merchants and is the parent company of Square and Cash App. The users of Cash App can buy, sell, send and receive Bitcoin. In addition, SQ’s decentralized tbd platform allows developers to build decentralized finance applications to run on programmable blockchains. SQ is also one of the largest Bitcoin investors. Block has an expected earnings growth rate of 65% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 2.5% over the last 60 days. SQ currently carries a Zacks Rank #2. Coinbase Global, Inc. COIN offers financial infrastructure and technology to support the global cryptocurrency economy. COIN provides a main financial account for consumers in the crypto space, a marketplace with liquidity for institutional crypto asset transactions, and technology and services for developers to build crypto-based applications and accept cryptocurrencies securely as payment. Coinbase Global’s expected earnings growth rate for the current year is 91.5%. The Zacks Consensus Estimate for current-year earnings has improved 42.6% over the last 60 days. Coinbase currently carries a Zacks Rank #2. 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 Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : 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:** ["Regulators deferred an opportunity to approve or deny the first spot bitcoin exchange-traded fund on U.S. markets, at the same time that investors and industry analysts are raising expectations an approval is coming soon.\nThe Securities and Exchange CommissiondelayedBrazil-based digital asset investment firm Hashdex’s application until next year. The SEC had until Nov. 17 to deny, approve or delay the firm’s product. The delay is Hashdex’s first on its September filing.\nThe agency on Thursday delayed a pair of ether ETF decisions: itpostponedits verdict on the Hashdex Nasdaq Ethereum ETF, which would hold both spot ether and ether futures, as well as thedecisiononGrayscaleInvestment’s proposed ether futures ETF, the Grayscale Ethereum Futures Trust (ETH).\nThe SEC hasn’t appeared willing to satisfy investors’ appetites for a spot bitcoin ETF, even as mounting expectations for an approval helped double thecryptocurrency’sprice over the past year. Spot bitcoin ETF applications from ARK Invest and 21Shares have been delayed three times, while Bitwise Investment Management, BlackRock Inc., Invesco and others have seen their applications delayed twice.\nWhile the SEC has approved cryptocurrency ETFs that track digital asset futures, the largest being theProShares Bitcoin Strategy ETF (BITO),the agency has thus far denied and delayed filings for ETFs that track physically-backed cryptocurrency on the grounds of market manipulation.\nStill, investors are sensing that the SEC may be open to permitting a spot bitcoin application after denying dozens of them over the past decade. This comes after theSEC’s lossof a watershed lawsuit to Grayscale Investments in late August, in which a federal court ruled that the agency erred in blocking Grayscale's application to convert its bitcoin trust into an ETF.\nHashdex filings for cryptocurrency ETFS are unique from other firms because they are structured under the 1933 Securities Act, as opposed to the 1940 Investment Act. While the 1940 Investment Act allows ETFs to invest in securities, ETFs under the 1933 can invest in commodities.\nIn mid-October, Hashdex gave apresentationto the SEC about the firm’s novel method for addressing the SEC’s market manipulation concerns. Their approach in their spot bitcoin ETF application is unique because their fund would buy physical bitcoin directly from the Chicago Mercantile Exchange.\nTheHashdex Bitcoin Futures ETF (DEFI)has garnered only slightly over $2 million in assets since its launch in September 2022.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved", "Regulators deferred an opportunity to approve or deny the first spot bitcoin exchange-traded fund on U.S. markets, at the same time that investors and industry analysts are raising expectations an approval is coming soon. The Securities and Exchange Commission delayed Brazil-based digital asset investment firm Hashdex’s application until next year. The SEC had until Nov. 17 to deny, approve or delay the firm’s product. The delay is Hashdex’s first on its September filing. The agency on Thursday delayed a pair of ether ETF decisions: it postponed its verdict on the Hashdex Nasdaq Ethereum ETF, which would hold both spot ether and ether futures, as well as the decision on Grayscale Investment’s proposed ether futures ETF, the Grayscale Ethereum Futures Trust (ETH). The SEC hasn’t appeared willing to satisfy investors’ appetites for a spot bitcoin ETF, even as mounting expectations for an approval helped double the cryptocurrency’s price over the past year. Spot bitcoin ETF applications from ARK Invest and 21Shares have been delayed three times, while Bitwise Investment Management, BlackRock Inc., Invesco and others have seen their applications delayed twice. While the SEC has approved cryptocurrency ETFs that track digital asset futures, the largest being the ProShares Bitcoin Strategy ETF (BITO), the agency has thus far denied and delayed filings for ETFs that track physically-backed cryptocurrency on the grounds of market manipulation. Still, investors are sensing that the SEC may be open to permitting a spot bitcoin application after denying dozens of them over the past decade. This comes after the SEC’s loss of a watershed lawsuit to Grayscale Investments in late August, in which a federal court ruled that the agency erred in blocking Grayscale's application to convert its bitcoin trust into an ETF. Hashdex ETF\xa0Approach Hashdex filings for cryptocurrency ETFS are unique from other firms because they are structured under the 1933 Securities Act, as opposed to the 1940 Investment Act. While the 1940 Investment Act allows ETFs to invest in securities, ETFs under the 1933 can invest in commodities. Story continues In mid-October, Hashdex gave a presentation to the SEC about the firm’s novel method for addressing the SEC’s market manipulation concerns. Their approach in their spot bitcoin ETF application is unique because their fund would buy physical bitcoin directly from the Chicago Mercantile Exchange. The Hashdex Bitcoin Futures ETF (DEFI) has garnered only slightly over $2 million in assets since its launch in September 2022. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved", '(Photo by Michael Nagle/Xinhua via Getty Images) US stocks edged higher on Friday and notched a third consecutive week of gains. That marked the longest weekly winning streaks for the S&P 500 and Dow since July. Markets rode a wave of optimism this past week around the potential end of Fed policy tightening. US stocks edged higher on Friday and notched gains for the third straight week as markets rode a wave of optimism around the potential end of Fed policy tightening. Each of the three top indexes rallied about 2% for the week. For the Dow and S&P 500, that marked the longest weekly rally since July. Earlier this week, cooler-than-expected inflation data convinced investors the Fed is done hiking rates. According to Bank of America analysts, the latest reading " broke the hiking cycle\'s back ." Friday also saw oil prices whiplash . Prices had been in a slump all week but surged upwards following news that Saudi Arabia is considering prolonging its production cuts into 2024. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,514.02, up 0.13% Dow Jones Industrial Average : 34,947.28, up 0.01% (1.81 points) Nasdaq Composite : 14,125.48, up 0.08% Here\'s what else is going on: Concerns that bond yields will spiral higher as fiscal conditions deteriorate aren\'t backed by history, according to former Citigroup strategist Matt King. Based on returns since 1900, Wall Street is too bearish about 2024 and is instead looking at big gains, Fundstrat\'s Tom Lee said. There are a bunch of factors setting this market up for a "classic year-end rally", according to Jay Pelosky from TPW Advisory. In commodities, bonds, and crypto: Oil prices rose, with West Texas Intermediate up 3.91% to $75.75 a barrel. Brent crude , the international benchmark, jumped 4% to $80.51 a barrel. Gold slipped 0.19% to $1,983.5 per ounce. The 10-year Treasury yield remain unchanged at 4.437%. Bitcoin rose 1.33%% to $36,411. Read the original article on Business Insider', '• US stocks edged higher on Friday and notched a third consecutive week of gains.\n• That marked the longest weekly winning streaks for the S&P 500 and Dow since July.\n• Markets rode a wave of optimism this past week around the potential end of Fed policy tightening.\nUS stocks edged higher on Friday and notched gains for the third straight week as markets rode a wave of optimism around the potential end of Fed policy tightening.\nEach of the three top indexes rallied about 2% for the week. For the Dow and S&P 500, that marked the longest weekly rally since July.\nEarlier this week, cooler-than-expected inflation data convinced investors the Fed is done hiking rates. According to Bank of America analysts, the latest reading "broke the hiking cycle\'s back."\nFriday also sawoil prices whiplash. Prices had been in a slump all week but surged upwards following news that Saudi Arabia is considering prolonging its production cuts into 2024.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,514.02, up 0.13%\n• Dow Jones Industrial Average:34,947.28, up 0.01% (1.81 points)\n• Nasdaq Composite:14,125.48, up 0.08%\nHere\'s what else is going on:\n• Concerns that bond yields will spiral higher as fiscal conditions deterioratearen\'t backed by history,according to former Citigroup strategist Matt King.\n• Based on returns since 1900,Wall Street is too bearish about 2024 and is instead looking at big gains,Fundstrat\'s Tom Lee said.\n• There are a bunch of factors setting this market up for a"classic year-end rally",according to Jay Pelosky from TPW Advisory.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 3.91% to $75.75 a barrel.Brent crude, the international benchmark, jumped 4% to $80.51 a barrel.\n• Goldslipped 0.19% to $1,983.5 per ounce.\n• The10-year Treasury yieldremain unchanged at 4.437%.\n• Bitcoinrose 1.33%% to $36,411.\nRead the original article onBusiness Insider', 'Bitcoin has dropped more than 30% from when Warren Buffett described it as \'rat poison squared\': Here are 3 stocks he\'s invested in that outperformed crypto Billionaire Warren Buffett memorably described Bitcoin as “rat poison squared” during a shareholder meeting in April 2022. Bitcoin was trading near $40,000 at the time. It’s now trading at around $36,288. Meanwhile, Berkshire Hathaway’s Class A stock has outperformed the cryptocurrency and recently reached an all-time high, surpassing $560,000. Presently, the Class A stock sits above $545,000. Don\'t miss Commercial real estate has outperformed the S&P 500 over 25 years. Here\'s how to diversify your portfolio without the headach **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $712,164,392,500 - Hash Rate: 479063315.8073509 - Transaction Count: 629266.0 - Unique Addresses: 748237.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Asset manager Valkyrie started buying Ether (ETH) futures contracts, after getting approval to convert its existing bitcoin futures exchange traded fund (ETF) to a two-for-one investment vehicle. "Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures contracts, making it the first US ETF to provide exposure to Ether and Bitcoin futures contracts under one wrapper," a spokesperson told CoinDesk in an email statement. Valkyrie was first to get approval for ETH futures ETF among other firms, as it "supplemented its prospectus and updated risk disclosures related to Ether futures," said the spokesperson. The fund's new strategy to combine both ETH and BTC futures contract into one ETF will be formally effective on Oct. 3 and the name will be updated to Valkyrie Bitcoin and Ether Strategy ETF, while the ticker will remain BTF. The fund will join other entities that filed to start ETH futures ETF, including Volatility Shares Ether Strategy ETF , Bitwise Ethereum Strategy ETF , VanEck Ethereum Strategy ETF , Roundhill Ether Strategy ETF , ProShares Short Ether Strategy ETF , ProShares Ether Strategy ETF and Grayscale Ethereum Futures ETF . Earlier today, VanEck, the $77.8 billion asset under management firm, said that its preparing to roll out its Ethereum futures exchange-traded fund (ETF).... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In this article, we will take a look at the 12 big investment trends in 2023. To see more investment themes of this year, click5 Big Investment Trends in 2023.\nGoldman Sachs published its 2024 US economic outlook report on November 12 and said that the “heaviest blows” from fiscal policy tightening are behind us. Goldman Sachs said the US GDP growth in 2023 despite thedifficult oddswas surprising. It believes the Fed’s 2% inflation target is now well in sight. In light of this Goldman Sachs believes there’s only a 15% probability ofrecessionover the next 12 months. Goldman Sachs thinks Personal Consumption Expenditure inflation could fall to 2.4% by December 2024 as it expects continuous disinflation throughout the year.\nGoldman Sachs also outlined its expectations around expected rate cuts from the Fed next year:\n“We expect the FOMC to deliver its first rate cut in 2024Q4 once core PCE inflation falls below 2.5%. We then expect one 25bp cut per quarter until 2026Q2, when the fed funds rate would reach 3.5-3.75%. While we see rate cuts next year as optional in that they are not necessary to avoid recession, we expect the FOMC to conclude that while neutral might not be as low as the 2.5% median longer run dot, it probably is not as high as 5.25-5.5%, so some amount of normalization makes sense as inflation falls. We think this rationale is enough to cut to 3.5-3.75% but probably not further. Our forecast could be thought of as a compromise between Fed officials who see little reason to keep the funds rate high once the inflation problem is solved and those who see little reason to stimulate an already-strong economy.”\nFor this article we scoured online investment forums, including Reddit\'s investing communities, investment reports about 2023 themes of the stock market, read and watched expert interviews and surveyed mainstream financial media to gauge the biggest investment trends of this year.\nPhoto byProduct SchoolonUnsplash\nInvesting in emerging markets became popular in 2023 as investors seek to hedge against the uncertainties in the US markets. Earlier this year, about 61% of the 234 money managers who took part in a Bloombergsurveyhad said that they plan to increase their exposure to emerging markets.\n“Economies in the developing world are far more resilient places today than they were 30 years ago, and EM central banks have been largely more responsible in dealing with the rise in inflation than the developed world has been,” said Justin Leverenz fromInvesco Developing Markets Fund, according to Bloomberg.\nMany investors are looking beyond major American stocks like Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) and finding small companies in emerging markets to invest in.\nBlackRock in its mid-year outlook 2023 report had highlighted aging population as one of the most important trends in the world. Aging population is having multiple effects in the investing world and it’s also impacting the healthcare and consumer industry.BlackRocksaid that the increase in aging population in the US and UK could result in permanently high interest rates due to distortions in demand and supply dynamics.\nAccording to a report on 2023 investment trends by market research firmMintel, Instagram, Facebook, and YouTube remain the top platforms used by retail investors for investing-related education and decision making. The report said that while many use Reddit’s investment-related subreddits, Instagram, Facebook, and YouTube beat Reddit.\nThat social media has become ago-to place for retail investorsto find out which stocks to buy or sell is not a secret. The pandemic days highlighted the huge importance of social platforms, especially Reddit, in the investing world. Major hedge funds had to give in to the power of social media investors, while companies like GameStop and AMC enjoyed huge stock jumps driven by Reddit-based communities. Investors are using these platforms to find small-cap growth stocks as they look beyond already mature stocks like Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA).\nGeopolitical tensions are on the rise in the world. Russia’s invasion of Ukraine had already put defense stocks in the spotlight. But in October, amid the launch of a brutal conflict between Israel and Hamas, defense stocks gained even more. The iShares U.S. Aerospace & Defense ETF jumped 7% since October 7 through October 18. Analysts believe the war in Ukraine and Israel’s intention to expand its war against Hamas, along with the possible entry of Iran and Lebanon into the war, could bring in more money for defense contractors.\nSomemajor defense stocksinvestors are currently watching include AeroVironment, Kratos Defense, Lockheed Martin (LMT), Northrop Grumman (NOC), L3Harris (LHX), RTX (RTX), General Dynamics (GD) and BAE Systems (BAESY).\nIn itsQ3 earnings call, Lockheed Martin’s management talked about its future expectations with a special focus on orders it’s receiving from Israel, Taiwan, Ukraine, among other customers:\n"Given the current status of the 2024 U.S. defense budget, global geopolitical tensions and the macroeconomic environment, we will provide our expectations for our 2024 financial outlook during our full year 2023 earnings call in January. On the U.S. budget, though the specific trajectory of the future U.S. defense budget is still in process between the administration and Congress, the global threat landscape is increasingly elevated. Our robust backlog reflects the relevance and importance of the Lockheed Martin portfolio and elevating deterrence to great power conflict involving the United States and its allies and the solid positioning of our business to serve our domestic and international customers. From a process standpoint and government, the current continuing resolution or CR is in place through November 17.\nRead thefull earnings call transcript here.\nCrypto was a major investment trend in 2023 as digital currencies rose from their ashes despite major headwinds and setbacks. Crypto jumped along with growth and tech stocks like Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA). In June 2023, Bitcoin reached its highest level since June 2022. Bitcoin was up by almost 90% since the start of 2023.\nAs a result of these positive trends crypto companies saw a strong third quarter. For example, Coinbase’s revenue in the third quarter jumped by 14% to $674 million, much higher than the Street’s forecast of $654.7 million.\nDuring itsQ3 earnings call, Coinbase talked about the rising popularity of crypto with some data and its future plans. The company said:\n"American crypto holders are owed clarity and they are an increasingly expanding voter base. There are 52 million crypto holders in the United States. To put that into context, that’s more than the owners of electric vehicles and more than all collective members of U.S. Unions. The American people are embracing crypto as more Americans grow unhappy with the traditional financial system. Only 9% of those surveyed say that they are satisfied with the current U.S. financial system, and only 22% of people think that it’s better than any other countries and nearly two in five younger people that’s 38% say crypto and blockchain can increase economic opportunities for them in ways traditional finance can’t. To aid in the mission of driving for crypto regulation, Coinbase is a proud supporter of an independent movement known as Stand with Crypto that now has more than 100,000 advocates and continues to stand with the American people to drive towards clarity in the U.S. While the U.S. continues to struggle to keep pace, the rest of the world has made great strides in embracing crypto and Onchain technology with clear legislation.\nThe rise of the “Magnificent Seven” – Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – was one of the most noticeable trends in the investment world in 2023. Most of the S&P 500 gains came from these companies this year. A Bloomberg report in October said that Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), AAmazon (AMZN) and Nvidia (NVDA) accounted for about a quarter of the S&P 500’s market cap. Many bears and skeptics say this concentration of gains is not a healthy investment trend and shows the broader market remains weak. For example, as of the end of October, the S&P 500 was up 10.69% in 2023. But remove the gains posted by the Magnificent Seven group and you are left with just a 0.03% gain for the S&P 500 index in the same period. Most of the gains reported by these major tech companies were due to the AI-driven rally which many call a bubble.\nInvesting in T-Bills was one of the biggest investment trends in 2023, thanks again to uncertainty and rising interest rates. Investors bought a whopping $1 trillion of new notes in just three months through September 10, according to data from Bloomberg.\nClick to continue reading and see5 Big Investment Trends in 2023.\nSuggested articles:\n• 25 Most Racist States in America Ranked by Hate Crimes\n• 25 Richest Criminals of All Time\n• 25 Worst States for Human Trafficking in America\nDisclosure: None.12 Big Investment Trends in 2023is originally published on Insider Monkey.', 'In this article, we will take a look at the 12 big investment trends in 2023. To see more investment themes of this year, click 5 Big Investment Trends in 2023 . Goldman Sachs published its 2024 US economic outlook report on November 12 and said that the “heaviest blows” from fiscal policy tightening are behind us. Goldman Sachs said the US GDP growth in 2023 despite the difficult odds was surprising. It believes the Fed’s 2% inflation target is now well in sight. In light of this Goldman Sachs believes there’s **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $714,362,052,381 - Hash Rate: 546582306.6258367 - Transaction Count: 710579.0 - Unique Addresses: 806772.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Maryland-based fund manager ProShares announced the launch of a short Ether-linked exchange-traded fund on Thursday. See related article: SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments Fast Facts ProShares Short Ether Strategy ETF (SETH) will start trading on the New York Stock Exchange ARCA under the ticker symbol SETH. The new ETF will allow investors to profit from Ether’s price drops. ProShares launched a Bitcoin-linked short ETF in the U.S. in June 2022. The firm also launched one of the first Bitcoin-linked ETFs in the U.S., the Bitcoin Strategy ETF (BITO) in October 2021. Ether fell 0.26% in the hour after the announcement, to US$1,831 as of 9:30 p.m. in Hong Kong, according to CoinMarketCap . See related article: SBF examined over “cozy relationship” with Bahamian government in fraud trail... - Reddit Posts (Sample): [['u/satoshyy', 'When BlackRock, Fidelity, Grayscale and others get their bitcoin ETFs approved, will you put a percentage of your assets into them?', 18, '2023-11-19 00:42', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/', 'Just curious', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/', '17yji7e', [['u/Roauster', 22, '2023-11-19 01:54', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/k9tywe5/', "I've done zero research on this but if I want to get into crypto I think I want to buy it directly. So I guess that's a no from me.", '17yji7e'], ['u/moos14', 11, '2023-11-19 02:05', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/k9u0eqn/', 'Never', '17yji7e'], ['u/brewgeoff', 29, '2023-11-19 02:30', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/k9u3jiw/', 'Until crypto begins creating value, no.\n\nCrypto is still a speculative asset, not an investment. The value of crypto is the real currency people have put into it. It’s just a pyramid scheme, a modern day [airplane game](https://en.m.wikipedia.org/wiki/Airplane_game) where money changes hands.\n\nCoca Cola creates value. They turn raw ingredients into soda which they can sell for a profit.\n\nMicrosoft creates value. They make software that individuals and businesses will pay to use.\n\nNow that I’ve said that a bunch of crypto bros will show up and proclaim all the many uses of Bitcoin (like maybe a dozen, which isn’t that many) but none of them actually show value being created to call this an investment. Based on their username, OP is likely a crypto enthusiast. If you’re reading this please remember that a big part of the reason you hear so much about Bitcoin is because the people who OWN BITCOIN need you to pump up the price so they can finally sell. If there was value being created they would shut up about it and just let the value go up. Bitcoin doesn’t become more valuable on its own, it needs you to pump up the price.', '17yji7e'], ['u/ClammyAF', 10, '2023-11-19 05:08', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/k9umkdw/', 'No.\n\nYes.', '17yji7e'], ['u/ConnectAstronaut2639', 10, '2023-11-19 10:43', 'https://www.reddit.com/r/ETFs/comments/17yji7e/when_blackrock_fidelity_grayscale_and_others_get/k9vf9x4/', "You are comparing bitcoin to companies which is comparing boats to goats. \n\nCompare bitcoin to gold. It is a place to store value over time. Gold doesn’t create value per your definition of needing raw ingredients to turn into something else. \n\nGolds main source of value comes from people knowing that you can’t easily find more of it. Yes you can say well gold can be used as jewelry or in electronics. But that is a tiny fraction of what gold is used for so it represents a small portion of its overall value. \n\nAs for the pyramid scheme argument. Bitcoin doesn’t meet the criteria to be considered a pyramid scheme.\n\nBitcoin is not a pyramid scheme because:\n\n- It's based on a decentralized blockchain, not controlled by a central entity.\n-a pyramid scheme requires new entrants or else it collapses. Bitcoin does not. \n- Profits in Bitcoin come from market dynamics, not from recruiting new participants. The price can still go up or down with no new participants. \n- All transactions are recorded on a public blockchain, offering transparency.\n- Bitcoin offers no promises of returns; its value fluctuates with market conditions.\n- Increasingly, it's being recognized and regulated globally, unlike illegal pyramid schemes.", '17yji7e']]], ['u/veganlandfill', 'Saturtrade Post', 15, '2023-11-19 01:00', 'https://www.reddit.com/r/Currencytradingcards/comments/17yjv2n/saturtrade_post/', "Everybody ends up at the Vegan Landfill from time to time, and you are more than welcome to browse the merchandise. We got series 1, series 2, sparklies, foil boys! We got one number 1 in here, 1 69 in here. We got a wild selection of other cardboard trinkets with some limited editions, eight balls, and the poisons you know and love. We got 2 metal slammers up for grabs as a door prize; no low ballers I know what I got. \n\nLooking for garnets; if you dm me what you've got I'll enter you into the drawing for the limited edition super cuts 94. Fabled to have been the final teeter at Worlds. I bet you see that Star Wars lenticular back there. \n\nAlso looking for 12sp crystal sparkle if you want to get all freaky deaky we can chat. \n\nPlenty of hf, if, cs of both series to sweeten the pot and of course there's our old friend btc hanging out in the back. \n\nThanks for comin hope to get to slack jawin with you soon!", 'https://www.reddit.com/gallery/17yjv2n', '17yjv2n', [['u/veganlandfill', 10, '2023-11-19 01:19', 'https://www.reddit.com/r/Currencytradingcards/comments/17yjv2n/saturtrade_post/k9tuifm/', "Couldn't believe I found them. Free with every trade 😂😂", '17yjv2n']]], ['u/MirkatteWorld', '"God doesn\'t call the qualified. He qualifies the called."', 23, '2023-11-19 01:29', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/', '&#x200B;\n\nhttps://preview.redd.it/tj3n1198871c1.jpg?width=1184&format=pjpg&auto=webp&s=b12e7aa5ede60d6b9bb537c3f40d90fc1524682a\n\nWe have heard Heidi saying this in her podcast episodes about the podcast, and I found myself thinking.... "Didn\'t Dave use this quote in *Built Through Courage*? Indeed he did. \\[I am not necessarily accusing Heidi of plagiarism, as I doubt she read *BTC*. Though there is a good chance she heard Dave say this time and again. She seems to repurpose a lot of "Dave" language.\\]\n\n&#x200B;', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/', '17ykgwo', [['u/Ok-Cry-3303', 42, '2023-11-19 01:37', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/k9twqd2/', "It's a very typical statement in the evangelical church. 🤮", '17ykgwo'], ['u/NoConsideration5671', 18, '2023-11-19 01:46', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/k9txz6p/', 'None of them seem to know how quotation marks work and they are all total plagiarists.', '17ykgwo'], ['u/MirkatteWorld', 14, '2023-11-19 01:51', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/k9tymgo/', "Right, Dave did couch it in a New Testament story, so it's not a surprise it's used in the context you cite.", '17ykgwo'], ['u/Realistic_Durian5494', 14, '2023-11-19 01:54', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/k9tz06s/', 'I have definitely heard our girl Rach say this too.', '17ykgwo'], ['u/MirkatteWorld', 14, '2023-11-19 01:57', 'https://www.reddit.com/r/hollisUncensored/comments/17ykgwo/god_doesnt_call_the_qualified_he_qualifies_the/k9tzbdt/', 'That tracks. Most of what Dave said and wrote was warmed-over Rachel. And then Heidi reheats the Dave version....', '17ykgwo']]], ['u/WardenWithoutEars', 'ultimate hiding/ coward build', 34, '2023-11-19 01:34', 'https://www.reddit.com/r/Stellaris/comments/17ykkoe/ultimate_hiding_coward_build/', 'this is for people who want to never see xenos. in my experience, i get my first contact at 2275 ish, and by then my encryption is so high(and cautious stance it takes them till 2300 to meet me.\n\norigin- ocean paradise- guaranteed nebula start. Fanatic xenophobe+pacifist, megacorp, criminal heritage(for +1 cloaking strength. trawling operations to take advantage of size 30 ocean world you start with: able to mass-produce cgs and food, allowing for heavy tech-up early on. species traits- intelligent, natural phys, unruly. you need to rush down cloaking, so all the buffs to physics are good. First tradition is subterfuge, first ascension is techno ascendancy. second tradition is mercantile, second ascension is enigmatic engineering for +2 cloaking strength. make your homeworld tech and agriculture. you can likely fit 18 food districts in, and that will produce tons of cg. to supply your tech, and food to sell. Colonize any worlds you find in your nebula, no matter how horrible they are. turn them into trade, because trade is not affected by habitability. you get 1 energy per trade. mercantile is just for more energy, but you can switch to the unity policy. you need to prioritize tech, specifically cloaking, codebreaking, and encryption. once you get basic cloaking, venture out of your nebula. cloaked ships dont start a contact. You see the other empire, they do not see you. how it should work is you see a faction called " Unidentified Empire". it cannot be clicked on. If the faction is called "menace", example sigma menace, or delta menace, that means they know of your existence. keep it cloaked. Just keep exploring the galaxy, and have multiple science ships idle near interesting spots. This will allow you to keep tabs on the wider galaxy from your isolation. a fun thing I do is keep cloaked fleets near alien empires, and, one by one, decloak and attack them. indiscriminate bombardment to damage their economy as much as possible. this will start a contact with them, but you can ruin their planets by the time they realize. a good third perk is BtC or raiding. Raiding can allow you to drain pops from alien empires, all the while they are scrambling to find who is doing it. raiding+btc allows you to decloak, steal pops, purge them via forced labor, and gain menace. this is good for you, and you can reach stage 3-4 before your first contact.\n\nthis is very fun, ambush kind of build. use it in multiplayer for some laughs\n\n&#x200B;', 'https://www.reddit.com/r/Stellaris/comments/17ykkoe/ult... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['According to RBI Remittance Survey 2021 , India’s 30% expat population in the United Arab Emirates (UAE) account for 18% of the US$110 billion global remittance inflow to India . The financial ties between the two countries stretch beyond remittances, now encompassing the realm of Web3, an evolving iteration of the internet based on blockchain technology. Bilateral trade between India and the UAE surged to US$85 billion last year , and both countries are exploring interoperability between their central bank digital currency (CBDCs) projects. Dubai, the most populous city in the UAE, saw over 90,000 Indian companies registered with the Dubai Chambers, while the city’s largest tech event , GITEX, saw more than 300 Indian startups , a number that had tripled from last year. India topped Chainalysis Global Crypto Adoption Index in 2023, and is now the world’s second-largest crypto market by raw transaction volume. But the local industry, that has been drying up due to the government’s strict tax rules, is inspiring local players to seek the oasis of Dubai’s burgeoning crypto ecosystem. “A lot of Web3 founders prefer Dubai or Singapore as their hub, because they have clarity and certainty around regulations and greater community support. When you’re setting up a business, investors are more comfortable investing in a jurisdiction where there are no last minute surprises. I am starting to see this trend on the ground and it must be reversed,” Sumit Gupta, the chief executive of Indian crypto exchange CoinDCX, told Forkast. “We have seen a decline of more than 90% in volumes. That’s a huge, steep decline. And what you have seen is that India continues to be number one when it comes to grassroot crypto adoption, but a lot of that activity is happening on alternative channels because of the high tax rates,” said Gupta. Finance Minister Nirmala Sitharaman, during last year’s budget announcement, introduced 30% tax plus applicable surcharge and 4% cess on profits made from crypto trading. Story continues This year brought more bad news for Indian crypto traders with the introduction of a 1% tax deducted at source or TDS on crypto transactions above Rs 10,000. According to an amendment to the Income Tax Act, f ailure to pay TDS may result in a penalty equal to the unpaid amount, a 15% interest on late payments and in certain cases even a jail sentence. According to Gupta, the “regulatory arbitrage” may not be around for much longer. The Indian Finance Ministry did not respond to a request for an interview or provide commentary for this article. “There is a regulatory arbitrage which will not sustain for long, and has to go away. The government is aware of that. It’s a matter of when they decide to remove that arbitrage. Serving Indian customers from offshore is not scalable, not reliable and not compliant,” said Gupta. But low taxes, ease of setting up businesses, a dedicated regulator and access to international markets such as Asia and Europe are driving the wave of Indian crypto firms towards Dubai. Crypto projects can meet the rest of the world through Dubai. If I look at new businesses coming in, predominantly the UK, India, China, US, Russia, make up the top 5%. Dubai is basically a hub, ” said Belal Jassoma, head of business development at the Dubai Multi Commodities Centre (DMCC), at the Future Blockchain Summit. DMCC houses over 23,000 companies, out of which 3,700 are from India . Last year it opened a representative office in Mumbai to further grow its members and provide customized licenses to Indian businesses. Its dedicated Crypto Centre has 550 Web3 companies out of which 50 are Indian. The DMCC Crypto Centre welcomed the Solana Foundation as its ecosystem partner at the Future Blockchain Summit and houses a long list of Web3 companies including crypto exchange Bybit, digital asset market maker DWF Labs, Web3 incubator TDeFi, and venture capital fund Brinc. The city’s dedicated regulator for digital assets, Virtual Assets Regulatory Authority ( VARA ), oversees cryptocurrencies and related activities in all free zones in Dubai except the Dubai International Financial Centre (DIFC). Abu Dhabi, the capital of the UAE, also has a similar scope of work through the Abu Dhabi Global Market (ADGM). “VARA has crafted its regulations to be adaptable to market demands and be agile in addressing global market risks, aiming to attract entrepreneurs to solidify Dubai’s position as a central hub for Web3,” said Sunita Khatri, Commercial Director, Dubai World Trade Centre (DWTC). Unicorn Indian exchange explores MENA expansion The UAE is one of the countries that make up the Middle East & North Africa (MENA) region. According to Chainalysis , the region had the sixth largest crypto economy with an estimated US$400 billion dollars or 7.2% of global transaction volume recorded between July 2022 and June 2023. “MENA as a region is quite an interesting opportunity for CoinDCX to tap into because it’s a fast growing market, the adoption numbers there are pretty impressive and Web3 can unlock many opportunities in the India-UAE corridor. New use cases around remittances and payments are emerging from that region,” said Gupta. BitOasis, a crypto trading platform based in the UAE had its license suspended for “not meeting mandated conditions, required to be satisfied within 30-60 day timeframes,” according to VARA in a notice . The exchange that secured funding from CoinDCX, said it’s working with the regulator to fulfill the remaining conditions . “BitOasis was a strategic investment approach by CoinDCX to create an impact in international markets, maybe not directly, but by partnering with the right companies who are aligned with our mission and values. It’s not just India India, the world’s most populous country and the world’s sixth largest economy by nominal gross domestic product, is not alone tightening restrictions on crypto businesses. In Australia, progress on crypto regulations has been slow. The country is aiming to release a draft legislation in 2024 for licensing and custody of crypto asset providers and Australian crypto exchanges may not get licensed until 2025. Top banks in Australia including the Commonwealth Bank (CBA) applied restrictions on crypto exchanges citing “scams” as the reason. As a result of debanking, Binance Australia had to halt customer deposits and withdrawals. “We’ve always been an Australian only exchange, but with the difficulties and challenges around licensing and the time it’s taken for that to come through to fruition, we’re now actively looking to expand overseas,” said Caroline Bowler, CEO, BTC Markets, an Australian crypto exchange. “The benefit for Dubai is that they’ve gone for something very tailored, very specific. And I think they’ve kind of the way that they framed it, it looks as though they’re looking to build out this sector for the longer term.” Binance recently earned an operational license in Dubai , opening up services of the world’s largest cryptocurrency exchange to customers in Dubai. Crypto exchanges Gemini and Bybit are also seeking a license in the United Arab Emirates. U.S.-based Coinbase’s Brian Armstrong has had discussions with UAE regulators over plans of setting up a second headquarters in the country to access markets in the Middle East, Africa and Asia. Coinbase suspended its operations in India three days after its launch in April 2022 due to issues with the local digital payment service . Informal pressure from India’s central bank was cited as a contributing factor. The exchange remains inactive in India, but its wallet services and tech hub remain active. Ripple’s XRP recently received approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms in the DIFC can now offer XRP as part of their services. Brad Garlinghouse, CEO of Ripple, said in a press release : “Dubai continues to demonstrate global leadership when it comes to the regulation of virtual assets and nurturing innovation…Ripple will continue to double down on its presence in Dubai and we look forward to continuing to work closely with regulators to realize crypto’s full potential.” Around 20% of Ripple’s customers are based in MENA. “The U.S. regulatory climate has been relatively hostile or unclear for digital asset businesses, so exchanges such as Coinbase and other major players have announced that they’re going to be applying for licenses here,” said Jimmy NGuyen, CEO, New Win Global , a Web3 venture advisory firm. “And the reason is because Dubai has been progressive at creating regulatory clarity with the launch of the Virtual Assets Regulatory Authority, putting out guidelines and policies about licenses to get. So all around the world, exchanges and other digital asset service providers are setting up second headquarters.” UK-based crypto lender, Nexo is expanding its UAE operations, aiming for 30% of its global footprint. The move follows sanctions imposed by the Securities and Exchange Commission (SEC) on a crypto lending product in the US, where Nexo paid US$45 million to regulators in settlements. The U.K. government is gearing up to r egulate the crypto industry by 2024 , bringing it in line with the rules governing traditional banks and financial services.', 'According to RBI Remittance Survey 2021,India’s 30% expat populationin the United Arab Emirates (UAE) account for 18% of the US$110 billionglobal remittance inflow to India. The financial ties between the two countries stretch beyond remittances, now encompassing the realm of Web3, an evolving iteration of the internet based on blockchain technology.\nBilateral trade between India and the UAE surged toUS$85 billion last year, and both countries are exploring interoperability between their central bank digital currency (CBDCs) projects.\nDubai, the most populous city in the UAE, saw over90,000 Indian companiesregistered with the Du **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $731,678,832,750 - Hash Rate: 533721546.4699348 - Transaction Count: 640670.0 - Unique Addresses: 804527.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: According to a plan devised by the Basel Committee on Banking Supervision, banks with cryptocurrency exposure will have to disclose their crypto holdings. Yesterday, the Committee, which sets norms for lenders in traditional finance, announced the plan to implement disclosure requirements for banks related to their digital asset exposures and risks.With the collapse of crypto exchange FTX (sending Bitcoin to its lowest price since 2020), along with failures of regional banks like Signature Bank and Silicon Valley Bank, the year 2023 has been choppy.The newly proposed rules by the banking regulation committee come as international regulators are of the opinion that this year’s banking collapse was partly because of the sudden hype around crypto.Thus, lenders will now be forced to reveal the size and nature of their unbacked crypto holdings such as Bitcoin and Ethereum, a move focused on increasing transparency and hence reducing industry contamination.The Committee said, “The March 2023 banking turmoil was the most significant system-wide banking stress since the Great Financial Crisis in terms of its scale and scope. In response, the Committee is today publishing a report that assesses the causes of the turmoil, the regulatory and supervisory responses, and the initial lessons learnt.”The Committee added that a consultation paper will be published soon, which will propose “a set of disclosure requirements related to banks’ crypto asset exposures. These disclosures would complement the prudential standard for such exposures that was published in December 2022.”Notably, the Basel Committee, which comprises banking authorities from 28 global jurisdictions, including the United States, the U.K. and the European Union, had previously hinted that it would monitor norms related to cryptocurrencies and modify them if needed.However, until now, the Committee had never disclosed the idea of separate disclosure rules for lenders’ crypto exposure.Thus, if the plan is implemented, banks likeJPMorganJPM and others with crypto exposure will have to disclose their holdings.Notably, in July 2021, JPM became the first major bank in the United States to allow its financial advisors to give all its wealth management clients access to cryptocurrency funds. JPMorgan has also been offering its Private Bank wealth management customers access to an in-house passively managed Bitcoin fund.The Wall Street giant launched a division focused on digital assets named Onyx and its digital currency, JPM Coin. JPM Coin was launched in 2019 to allow corporate clients to move euros and dollars internally.Moreover, JPM is in the early stages of exploring the concept of launching a blockchain-based deposit token for customers.However, because of increased scams and fraud cases, JPMorgan’s retail bank, Chase, in the U.K. decided to restrict customers’ access to cryptocurrency-related transactions. The bank said that from Oct 16, there will be a limit on the ability of its customers to engage in crypto transactions in the U.K.Chase is not the first bank to block or restrict crypto transactions. Earlier this year, banks likeNatWest Group plcNWG andBanco SantanderSAN imposed tighter restrictions on U.K. customers looking to use crypto.In order to protect its customers from crypto-related scams, NatWest imposed new limits on the daily and monthly amount consumers can send to crypto exchanges. Now, NWG customers can only send a maximum of £1,000 per day and £5,000 over a 30-day period to crypto exchanges.Similarly, Spain’s Santander said that it would block U.K. customers from sending real-time payments to crypto exchanges. While SAN prohibits payments from a customer’s account to Binance, customers can transfer funds to their accounts from Binance. 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 JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Banco Santander, S.A. (SAN) : Free Stock Analysis Report NatWest Group plc (NWG) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/benkovic', 'Bathed in confidence', 91, '2023-11-20 01:24', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/', 'What should I say? Keeps posting pictures of her new car that she claims she was able to afford in her first month of bitcoin mining. These exchanges are via Insta but I know her personally. My instinct is that her account was hacked.', 'https://i.redd.it/ptnpjgrrce1c1.jpg', '17zbhhd', [['u/coyoterote', 17, '2023-11-20 01:34', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9yi37c/', 'Do you have any other way to get in touch, via text messages or other social media platforms? You could send her a message elsewhere and ask if that’s really her you’ve been speaking with on Instagram.', '17zbhhd'], ['u/trillium13', 31, '2023-11-20 01:43', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9yj8tz/', '"no. not interested." then stop replying.', '17zbhhd'], ['u/The-Mad-Bubbler', 63, '2023-11-20 01:46', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9yjmtr/', 'This just sounds like a straight-up crypto scam, which has become very common. Your money would just get stolen, period.', '17zbhhd'], ['u/benkovic', 12, '2023-11-20 02:17', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9yngt7/', 'Yeah I can text her. I’d be scared this is really her and she fell for the scam.', '17zbhhd'], ['u/TheVoidWithout', 11, '2023-11-20 03:59', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9z05ve/', "Respond with pictures of your cat. If you don't have a cat, send pictures of other people's cats.", '17zbhhd'], ['u/SerenityDolphin', 27, '2023-11-20 04:16', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9z25dr/', 'Still a good way to let her know you definitely aren’t interested then. “Hey Friend, I think your IG was hacked! I’m getting some weird messages about investing in some crypto scheme but that doesn’t sound like you!”', '17zbhhd'], ['u/benkovic', 13, '2023-11-20 04:19', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9z2gi1/', 'Sounds like a good plan', '17zbhhd'], ['u/MemoryZestyclose', 11, '2023-11-20 05:24', 'https://www.reddit.com/r/antiMLM/comments/17zbhhd/bathed_in_confidence/k9z9zy7/', 'I’ve had several friends instagrams hacked and the messages were the same. Some of the posts/stories were convincing but a simple text proved it was not them.', '17zbhhd']]], ['u/StellaDog1969', 'We Are Coming back Now . Game Stop Vibes on SHIB', 109, '2023-11-20 03:02', 'https://www.reddit.com/r/SHIBArmy/comments/17zdiap/we_are_coming_back_now_game_stop_vibes_on_shib/', 'I have been hibernating and just sitting on some SHIB and BONE like many of you have.\n\nOur charts are starting to look very very positive. Will not need much for some big upside soon.\n\nMaybe another shallow retest but SHIB could easily be mooning soon. I think people forget how impactful the enormous holder number can be. With a little bit of BTC ETF positivity and natural holder loyalty and passion for SHIB this could be quite a journey coming up.\n\nAs a longtime SOL holder I have BONE as an insurance policy as well. Think BONE can do well longterm but think SHIB could see great push really soon. \n\nSHIB could easily be a crypto GAMESTOP moment if we remain positive and ready to have a crack at key upside targets. Its as simple as buying some more when we climb over next few weeks.\n\nRocket incoming and holders need to add to bags as we rise. ', 'https://www.reddit.com/r/SHIBArmy/comments/17zdiap/we_are_coming_back_now_game_stop_vibes_on_shib/', '17zdiap', [['u/Schlitzbomber', 15, '2023-11-20 04:45', 'https://www.reddit.com/r/SHIBArmy/comments/17zdiap/we_are_coming_back_now_game_stop_vibes_on_shib/k9z5l3l/', 'Buy another billion\n\n3commaclub', '17zdiap'], ['u/Xanzar21', 15, '2023-11-20 06:42', 'https://www.reddit.com/r/SHIBArmy/comments/17zdiap/we_are_coming_back_now_game_stop_vibes_on_shib/k9zhopy/', "Is it me or is this sub starting to act like one giant cluster fuck of unfounded positivity?Don't get me wrong I want shib to moon as much as the next holder(0.009 and we get beer) , but it's starting to mirror religious zealotry and that shits scary.", '17zdiap']]], ['u/Honest_Honey8615', 'AIW for helping my boyfriend get out of debt?', 10, '2023-11-20 03:46', 'https://www.reddit.com/r/amiwrong/comments/17zeds9/aiw_for_helping_my_boyfriend_get_out_of_debt/', 'I need some opinions on an ongoing situation. \n\nI have a boyfriend, Percy (M28), who I love very much. We’ve been dating for over two years. I have loved his family and loved spending time around them, but they’ve all turned on me lately. \n\nPercy fell for the bitcoin scam and has had thousands of dollars of debt for our entire relationship. He hasn’t had the best financial habits either, and so none of it has been paid off. I haven’t told him what to do with his money, because that’s his business, until recently. \n\nAbout a month ago, I moved in with him and out of a mentally abusing family living situation on the condition that he would be able to help me get on my feet. My parents have been taking care of most of my finances my entire life and I knew there would be a bit of a learning curve to standing on my own two feet. \n\nA week before this, he got a life changing job, tripling his income. We were both very excited because this meant he could get out of debt and we could start building a future, but because of his not great financial habits, he ended up spending more than he realized and didn’t have enough left over for bills and groceries. I knew this would probably happen, so I wasn’t mad. I loaned him some money I had in my savings to get him through the next paycheck and we had a serious conversation about how I would help him create a budget to pay off his debt and control his spending. I told him that in order for our relationship to work, I need to trust that he can be responsible with his finances. For the record,I’m not keeping track of his individual expenses because I don’t want to micromanage him. My hope is that in the next couple of months, he’s build some frugal habits and it’ll get back to the point where he only minimally has to discuss finances with me. \n\nNow his sister, Joy (F30) is constantly asking for money from him and he’s rarely said no to her because he loves her and wants to help her out. He’s now telling her that he can’t give her anything because we’re working on budgeting and saving money. Well she just about lost it, saying I’m manipulating him and controlling him and that his finances are none of my business. His grandmother has texted Percy to remind him that family should come first and his dad called me a narcissist. These are all people who I’ve willingly spend lots of time with and done things for! I don’t understand how helping get Percy out of debt (not to mention contributing a total of about $10,000 when all is said and done) is manipulative and narcissistic. I haven’t forced him to do anything or give me anything. Or even not to talk to any of them. I set some boundaries and told him what I needed from him for our relationship to continue. \n\nAm I in the wrong?', 'https://www.reddit.com/r/amiwrong/comments/17zeds9/aiw_for_helping_my_boyfriend_get_out_of_debt/', '17zeds9', [['u/QuitaQuites', 11, '2023-11-20 03:54', 'https://www.reddit.com/r/amiwrong/comments/17zeds9/aiw_for_helping_my_boyfriend_get_out_of_debt/k9yzgwi/', 'Hang on, you had up to $10k to give him, but couldn’t afford to move out on your own? You’re not wrong for helping him, but perhaps wrong for moving in with someone, giving them money and now assuming he’s going to actually change. His family doesn’t like you because a lot of the money he’s been spending has been on them and now he’s not, so they’re pissed. They liked you because you didn’t try to stop him, but now you are. So not wrong, but also be weary of him and get your own finances in order.', '17zeds9']]], ['u/Lidinzx', 'Should I put all my money in btc?', 17, '2023-11-20 03:51', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/', "So I m from third world country, and I was thinking so much in using my btc wallet as a savings retirement account, I have a little bit of btc 0.09 and wanted to invest something like 1000 USD /month, do you think it's a good idea?", 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/', '17zeh7v', [['u/rock-island321', 15, '2023-11-20 04:18', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/k9z2dse/', 'Keep some cashish for a rainy day.', '17zeh7v'], ['u/Socialists-Suck', 14, '2023-11-20 04:27', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/k9z3ib1/', 'It’s going up forever Laura. Bitcoin will not go to $1000. That ship has sailed. You will see volatility so the appropriate advice to give is don’t invest money you’re going to need in the next 4 years.', '17zeh7v'], ['u/igadjeed', 15, '2023-11-20 05:06', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/k9z7yl6/', '> Should I put all my money in btc?\n\nYou should not put all your money in btc', '17zeh7v'], ['u/RazerPSN', 10, '2023-11-20 05:22', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/k9z9te8/', 'Never ask for investment advice to others, even if they might give you correct advice\n\nYou need to be able to decide on your own, otherwise if things ever get difficult you will doubt your investments and might panic sell\n\nWhat does your gut tell you to do?', '17zeh7v'], ['u/Familiar_Television1', 10, '2023-11-20 05:49', 'https://www.reddit.com/r/Bitcoin/comments/17zeh7v/should_i_put_all_my_money_in_btc/k9zcnoo/', 'Invest 5000 into btc, keep 3000 in case there is a dip. If it dips 5%, buy 1000. If it dips 10% anorher 1000, 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:** ["Famed growth investor Cathie Wood’sARK Invest, along with European-basedcryptocurrencyinvestment firm 21Shares, updated its most recent spotbitcoinETF filing, unveiling an 0.80% fee.\nOn Monday, the two firms filed a third amendment to theirS-1 ETF filing, in which they laid out additional risk disclosures and added new information about the fund’s fee. The ETF would trade on the BZX Exchange by the Chicago Board Options Exchange under the ticker ARKB.\nA slew of firms have recently added updates to their spot bitcoin ETF filings, includingWisdomTree Investmentson Nov. 16, indicating that conversations with theSecurities and Exchange Commissionare moving along toward a potential approval.. ETF issuers are adding risk disclosures and tweaks to their proposals based on conversations with the agency, according to multiple people familiar with the matter.\nThe SEC must decide on ARK's application by Jan. 11, the earliest deadline for a spot bitcoin ETF.\xa0The agency delayed its decision in September.\nARK is the first big player to unveil a fee. The 80-basis point charge is the first strong indication of how asset managers will price the novel products in an ETF industry known for competing on fees.\nThe largest bitcoin ETF product, theProShares Bitcoin Strategy ETF (BITO), charges a 0.95% fee, while the Grayscale Bitcoin Trust (GBTC), which the firm is vying to convert into an ETF, charges 2%. Grayscale has said it is\xa0committed to lowering the fee if the trust is converted into an exchange-traded fund.\nFees could be a key part in the battle for market share that will likely ensue if multiple spot bitcoin ETF applications are approved at once.\n“It’s marketing game from there, although some people would call it a war,” Wood said in an interview with etf.com last week.\nYet not all experts agree that fees will be what distinguishes different ETFs. Some people familiar with the matter have noted that issues like liquidity and investors' familiarity with the issuer could be more important than cost.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved", "Famed growth investor Cathie Wood’sARK Invest, along with European-basedcryptocurrencyinvestment firm 21Shares, updated its most recent spotbitcoinETF filing, unveiling an 0.80% fee.\nOn Monday, the two firms filed a third amendment to theirS-1 ETF filing, in which they laid out additional risk disclosures and added new information about the fund’s fee. The ETF would trade on the BZX Exchange by the Chicago Board Options Exchange under the ticker ARKB.\nA slew of firms have recently added updates to their spot bitcoin ETF filings, includingWisdomTree Investmentson Nov. 16, indicating that conversations with theSecurities and Exchange Commissionare moving along toward a potential approval.. ETF issuers are adding risk disclosures and tweaks to their proposals based on conversations with the agency, according to multiple people familiar with the matter.\nThe SEC must decide on ARK's application by Jan. 11, the earliest deadline for a spot bitcoin ETF.\xa0The agency delayed its decision in September.\nARK is the first big player to unveil a fee. The 80-basis point charge is the first strong indication of how asset managers will price the novel products in an ETF industry known for competing on fees.\nThe largest bitcoin ETF product, theProShares Bitcoin Strategy ETF (BITO), charges a 0.95% fee, while the Grayscale Bitcoin Trust (GBTC), which the firm is vying to convert into an ETF, charges 2%. Grayscale has said it is\xa0committed to lowering the fee if the trust is converted into an exchange-traded fund.\nFees could be a key part in the battle for market share that will likely ensue if multiple spot bitcoin ETF applications are approved at once.\n“It’s marketing game from there, although some people would call it a war,” Wood said in an interview with etf.com last week.\nYet not all experts agree that fees will be what distinguishes different ETFs. Some people familiar with the matter have noted that issues like liquidity and investors' familiarity with the issuer could be more important than cost.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved", "Famed growth investor Cathie Wood’s ARK Invest , along with European-based cryptocurrency investment firm 21Shares, updated its most recent spot bitcoin ETF filing, unveiling an 0.80% fee. On Monday, the two firms filed a third amendment to their S-1 ETF filing , in which they laid out additional risk disclosures and added new information about the fund’s fee. The ETF would trade on the BZX Exchange by the Chicago Board Options Exchange under the ticker ARKB. A slew of firms have recently added updates to their spot bitcoin ETF filings, including WisdomTree Investments on Nov. 16 , indicating that conversations with the Securities and Exchange Commission are moving along toward a potential approval. . ETF issuers are adding risk disclosures and tweaks to their proposals based on conversations with the agency, according to multiple people familiar with the matter. The SEC must decide on ARK's application by Jan. 11, the earliest deadline for a spot bitcoin ETF.\xa0The agency delayed its decision in September. Bitcoin ETF Fees ARK is the first big player to unveil a fee. The 80-basis point charge is the first strong indication of how asset managers will price the novel products in an ETF industry known for competing on fees. The largest bitcoin ETF product, the ProShares Bitcoin Strategy ETF (BITO) , charges a 0.95% fee, while the Grayscale Bitcoin Trust (GBTC), which the firm is vying to convert into an ETF, charges 2%. Grayscale has said it is\xa0committed to lowering the fee if the trust is converted into an exchange-traded fund. Fees could be a key part in the battle for market share that will likely ensue if multiple spot bitcoin ETF applications are approved at once. “It’s marketing game from there, although some people would call it a war,” Wood said in an interview with etf.com last week. Yet not all experts agree that fees will be what distinguishes different ETFs. Some people familiar with the matter have noted that issues like liquidity and investors' familiarity with the issuer could be more important than cost. Story continues Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved", '• Stocks soared Monday as as bond yields slipped and Microsoft stock surged to a new high.\n• The 10-year Treasury yield eased two basis points to 4.42%.\n• The Dow and S&P 500 are headed for their best monthly performance in over a year.\nUS stocks rose on Monday, led higher by falling bond yields and a surge in Microsoft shares, whichtouched a new all-time-high in the session.\nAll three major indexes ended the trading session higher, and the yield on the 10-year US Treasury slipped by two basis-points to around 4.42%.\nMicrosoft stock jumped over 2% in the session after the tech giant announced the hire of Sam Altman, the OpenAI founder that was booted from the artificial intelligence firm by its board over the weekend. The jump in the shares amounted to a $54 billion in market value, with the stock touching a new all-time high in the session, up nearly 60% from levels at the start of the year.\n"The embarrassing circus show over the weekend at OpenAI was finally taken over by the adults in the room at Microsoft as Nadella & Co. now have added the linchpins of AI Sam Altman and Greg Brockman to join Microsoft to lead advanced AI research team," Wedbush analysts said in a note on Monday, reiterating their outperform rating and $425 price target for the stock. "We view Microsoft now even in a STRONGER position from an AI perspective with Altman and Brockman at MSFT running AI."\nMicrosoft wasn\'t the only tech titan to gain. Nvidia stock closed at an all-time high of $504.20 ahead of its third-quarter earnings report slated for Tuesday.\nThe Dow Jones Industrial Average and the S&P 500 have rallied hard in November, up 6% and 8% respectively. That puts both indexes on track for their best monthly performance since October 2022.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Monday:\n• S&P 500:4,547.38, up 0.74%\n• Dow Jones Industrial Average:35,151.04, up 0.58% (+203.76 points)\n• Nasdaq Composite:14,284.53, up 1.13%\nHere\'s what else happened today:\n• Here\'s how investors, analysts, and insiders are reacting to the drama between Sam Altman and OpenAI.\n• CHART OF THE DAY: Recession fears have cooled off among US companies.\n• China and Saudi Arabia just signed a $7 billion currency swap agreement, adding to the de-dollarization push.\n• Russia admitted it was on the verge of economic collapselast year after getting hit with western sanctions, a rare admission of weakness from the nation.\n• Brace for constant volatilityas high rates amplify the US\'s debt problem, BlackRock warned.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil rose 2.12% to $77.50 per barrel.Brent crude, oil\'s international benchmark, rose 1.8% to $82.05.\n• Goldticked lower 0.25% to $1,978.80 per ounce.\n• The yield on the 10-year Treasury fell two basis points to 4.418%.\n• Bitcoin rose 1.5% to $37,473.\nRead the original article onBusiness Insider', 'Microsoft stock added around $54 billion in market value on Monday. TOBIAS SCHWARZ/AFP via Getty Images Stocks soared Monday as as bond yields slipped and Microsoft stock surged to a new high. The 10-year Treasury yield eased two basis points to 4.42%. The Dow and S&P 500 are headed for their best monthly performance in over a year. US stocks rose on Monday, led higher by falling bond yields and a surge in Microsoft shares, which touched a new all-time-high in the session . All three major indexes ended the trading session higher, and the yield on the 10-year US Treasury slipped by two basis-points to around **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $729,850,247,812 - Hash Rate: 488708885.9242776 - Transaction Count: 522593.0 - Unique Addresses: 779702.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the past year, people in the middle class have made some significant changes to the way theymanage their money. Some common money trends include an increased focus on taking on side gigs and building passive income to secure their financial situation. Others include purchasing low-risk, sustainable, or even alternative investments to diversify their portfolio and build their wealth. Best Bank Account at Chase:An Accessible Checking Account With a $200 Sign-Up BonusFind Out:What To Do If You Owe Back Taxes to the IRS Whether you’re considered middle class and you want to know what your peers are doing with their money, or you’re still building up to that point, here are some of the biggest money-related changes themiddle class made in 2023— according to financial experts. The side gig economy is strong, especially in recent years. Many people in the middle class have also gotten on board with this trend and started relying on side hustles to boost their regular income. “One trend I’ve seen is the shift towards gig and side jobs to supplement income,” said Jeff Rose, CFP, founder ofGood Financial Cents. “With the rise of platforms like Uber, Etsy, and freelance job sites, middle-class folks are finding creative ways to make extra cash outside their 9-to-5 jobs.” Building passive income streams is another way the middle class — as well as others — have started supplementing their regular income. This includes investing in dividend-yielding assets, starting a business, and more. “People are getting into things like dividend stocks, rental properties, or even creating online content that can earn money over time without active work every day,” said Rose. I’m a Financial Advisor:7 Ways People Become Poor in Their Later Years Many people in the middle class have also started hoarding their money more. This isn’t necessarily a brand new habit, though it could be more prominent given the unpredictability of the economy in recent years. It could also be due to the “work hard” mentality many people in the middle class have. “I grew up lower-middle class and my clients are all middle class. The one big trend I see in my middle class clients is hoarding their money,” said Greg Vojtanek, CFP, owner ofFade In Financial. “It’s not quite stuff-it-under-the-mattress level, but it’s pretty close. Much of their portfolio will be in CDs, High Yield Savings, and Treasury Bills…The thought of their hard-earned money losing value is almost too much to bear so they seek the safety of CDs and Treasury bills.” Many middle class individuals have started focusing more on reducing their expenses so as to free up money for other things. This is another possible result of the economic instability and higher interest rates of late. “With the cost of living going up, many are trimming the fat where they can — dining out less, cutting the cable subscription, or switching to more cost-effective brands and stores,” said Rose. The concept of having an emergency fund isn’t a new one, but people in the middle class have started prioritizing having one more than ever. “Nearly 70% of middle-class clients have made significant efforts to bolster their emergency savings, aiming to have at least 6-9 months’ worth of living expenses saved up,” said Nikita, founder and CEO ofAiscreen. “This increased emphasis on financial security is a direct response to the economic uncertainties brought about by the pandemic.” Recently, more people have pivoted to more sustainable investments — sometimes called ethical or social investments. This is essentially an investment strategy that focuses on the investment’s impact on the environment as well as the returns. “Many [people] are aligning their investment choices with their values, seeking opportunities that not only yield returns but also contribute positively to society and the environment,” said Casey Jones, founder and head of finance atCJ&CO. Investing in fractional real estate is another popular trend that entails investing in an asset alongside several other people to mitigate risk while seeing financial returns. “Some middle-class individuals are exploring fractional ownership of real estate properties through platforms like RealT or Slice. This allows them to invest in high-value properties without the burden of a full mortgage,” said John Browning, founder ofGuardian Rock Wealth. “It’s a unique way to diversify their investment portfolio into real estate,” continued Browning. “This trend is driven by a desire for real estate investment, which was traditionally less accessible to the middle class, and it offers a level of diversification previously reserved for the wealthy.” Digital financial management tools have been around for a while now, but they don’t seem to be losing popularity. In fact, some middle class individuals have started using them more than before, especially compared to traditional money management methods. “There’s also been a noticeable pivot to online financial management tools. With apps like Robinhood and Acorns, middle-class individuals are investing small amounts regularly,” said Rose. “Budgeting apps, online investment platforms, and digital banks are becoming the go-to over traditional banking and financial services.” Healthcare is expensive, and rising costs don’t help matters. As people in the middle class haven’t quite achieved true wealth yet, this is something that impacts them and has helped shape their money habits. That’s why many individuals have started using alternative healthcare financing solutions to combat costs. “Amid rising healthcare costs, some middle-class families are turning to healthcare cost-sharing ministries, like Medi-Share or Samaritan Ministries, instead of traditional health insurance,” said Browning. “These programs involve members pooling money to cover medical expenses and have gained popularity for their lower monthly costs.” It’s not all about saving money or reducing risk, though. Some middle class individuals have started adjusting their money habits to include charitable giving in the form of tax-efficient donor-advised funds (DAFs). “These funds allow donors to contribute appreciated assets, like stocks, and receive tax benefits, while retaining flexibility in deciding when and where to distribute the funds to their chosen charitable causes,” said Browning. “The middle class is becoming more strategic in their charitable giving to make the most of their resources, both for philanthropic purposes and tax efficiency.” Alternative investments, like cryptocurrency, have also seen a rise in popularity amidst the middle class. A big reason for this is that they can help hedge against rising inflation rates. “Middle-class investors are increasingly considering cryptocurrencies like Bitcoin as a hedge against inflation,” said Browning. “They view digital assets as a store of value that can protect their wealth from eroding due to rising consumer Prices. This trend is driven by concerns about the devaluation of fiat currencies and a desire to explore alternative assets.” In another effort to cut costs and save money, some people in the middle class have adjusted their spending habits to focus more on purchasing used goods rather than new ones. “Approximately 30-40% of my clients have shifted their shopping preferences, opting for secondhand or sustainable products, particularly in fashion and electronics,” said Nikita. “This move aligns with their commitment to reducing environmental impact.” Another newer middle class money trend is the increased emphasis on investing in college savings plans for their kids — like the 529 plan. “Middle-class parents are expanding the use of 529 college savings plans to include K-12 education,” said Browning. “This lesser-known option allows them to use these funds for private school tuition, offering more flexibility in financing their children’s education.” More From GOBankingRates • Grant Cardone: Passive Income Is the Key To Building Wealth -- Here's My No. 1 Tip • 10 of the Most Valuable Pennies • 3 Ways to Recession Proof Your Retirement • Experts Share the 6 Best Money Moves To Make Before Retiring This article originally appeared onGOBankingRates.com:13 New Middle Class Money Trends in 2023... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['There are few figures in crypto that have loomed quite as large in the past few years than Changpeng Zhao — better known as CZ — and the company he founded in 2017, Binance.\nNot only is Binance the world’s biggest crypto exchange, it is orders of magnitude larger than its rivals. Up until recently, Binance boasted nearly 60% of the market share for crypto spot trading. Even as that share has waned to closer to 40% since US regulators amped up pressure on the company starting in June, no other exchange even comes close. The Seychelles-based OKX is second in market share at 5.44% and the US exchange Coinbase is third at 5.37%, according tocrypto news site CoinDesk.\nBut Binance’s future at the top of the crypto world is now far from certain as it faces a record $4.3 billion payout to US authorities to resolve criminal charges.\nZhao on Tuesday resigned as CEO and\xa0pleaded guilty to federal money laundering charges. US officials called the settlement the biggest-ever corporate resolution involving criminal charges for an executive.\nFollowing a multiyear investigation, US authorities said Binance allowed bad actors on the platform, enabling transactions linked to child sex abuse, narcotics and terrorist financing.\nFurther, Binance did not have protocols to flag or report transactions for money laundering risks, according to the Justice Department, and employees were well aware that such an oversight would invite criminals to the platform. As one compliance staffer wrote, according to court documents: “we need a banner ‘is washing drug money too hard these days - come to binance we got cake for you.’”\nZhao faces a maximum of 10 years behind bars, though his ultimate sentence will likely be far lower. He also agreed to pay a $50 million criminal fine and a $150 million civil penalty.\n“I made mistakes, and I must take responsibility,” Zhaoposted on X.“This is best for our community, for Binance, and for myself. Binance is no longer a baby. It is time for me to let it walk and run.”\nBinance, like its infamous former rival FTX, has been quick to point out that it grew its business rapidly in a chaotic, largely unregulated industry.\n“While Binance is not perfect, it has strived to protect users since its early days as a small startup and has made tremendous efforts to invest in security and compliance,” the company said ina statementTuesday. “Binance grew at an extremely fast pace globally… [and] made misguided decisions along the way. Today, Binance takes responsibility for this past chapter.”\nIt’s a common refrain among crypto firms who find themselves under scrutiny. But federal authorities have made clear that they’re not going to pull any punches when it comes to corporate crime, in crypto or elsewhere.\nAnalysts see the settlement as a partial victory for Binance and Zhao.\n“The avoidance of prison time for CZ and the ability for the exchange to continue operations, albeit without CZ as its CEO, is likely the best outcome given the severity of the accusations against Binance,” said Robert Le, crypto analyst for PitchBook. “Binance’s initial ‘move fast and break things’ approach, which involved offering products that were illegal or entering markets without proper licenses, has led to its current predicament.”\nThe initial market response to the Binance news was muted, with Bitcoin slipping just over 1% Tuesday afternoon — hardly a blip in the notoriously volatile market.\nInvestors and entrepreneurs in the crypto spacejust want to see the industry move onfrom its early days of idolizing founders.\n“The question really is whether or not crypto is actually growing up in a way that is allowing it to have an existence beyond its influential founders who have been shepherding the brand, shepherding the innovation, shepherding the advocacy for these institutions,” said Yesha Yadav, a law professor at Vanderbilt University and an expert on financial regulation. “That’s something that will have to be seen over the next couple of months.”\nYadav notes that the $4.3 billion deal for Binance reflects its status as a systemically important institution — potentially too big to fail.\n“What this plea deal does is give Binance as a chance to live another day,” Yadav said. “I think that reflects a worry that if Binance were to be killed, that would cause further damage to average folks who hold money on it to the industry as a whole.”\nFor more CNN news and newsletters create an account atCNN.com', 'There are few figures in crypto that have loomed quite as large in the past few years than Changpeng Zhao — better known as CZ — and the company he founded in 2017, Binance. Not only is Binance the world’s biggest crypto exchange, it is orders of magnitude larger than its rivals. Up until recently, Binance boasted nearly 60% of the market share for crypto spot trading. Even as that share has waned to closer to 40% since US regulators amped up pressure on the company starting in June, no other exchange even comes close. The Seychelles-based OKX is second in market share at 5.44% and the US exchange Coinbase is third at 5.37%, according to crypto news site CoinDesk. But Binance’s future at the top of the crypto world is now far from certain as it faces a record $4.3 billion payout to US authorities to resolve criminal charges. Zhao on Tuesday resigned as CEO and\xa0pleaded guilty to federal money laundering charges. US officials called the settlement the biggest-ever corporate resolution involving criminal charges for an executive. Following a multiyear investigation, US authorities said Binance allowed bad actors on the platform, enabling transactions linked to child sex abuse, narcotics and terrorist financing. Further, Binance did not have protocols to flag or report transactions for money laundering risks, according to the Justice Department, and employees were well aware that such an oversight would invite criminals to the platform. As one compliance staffer wrote, according to court documents: “we need a banner ‘is washing drug money too hard these days - come to binance we got cake for you.’” Changpeng Zhao, billionaire and former chief executive officer of Binance Holdings Ltd. - Bloomberg/Bloomberg/Bloomberg via Getty Images Zhao faces a maximum of 10 years behind bars, though his ultimate sentence will likely be far lower. He also agreed to pay a $50 million criminal fine and a $150 million civil penalty. “I made mistakes, and I must take responsibility,” Zhao posted on X. “This is best for our community, for Binance, and for myself. Binance is no longer a baby. It is time for me to let it walk and run.” Story continues What it means for crypto Binance, like its infamous former rival FTX, has been quick to point out that it grew its business rapidly in a chaotic, largely unregulated industry. “While Binance is not perfect, it has strived to protect users since its early days as a small startup and has made tremendous efforts to invest in security and compliance,” the company said in a statement Tuesday. “Binance grew at an extremely fast pace globally… [and] made misguided decisions along the way. Today, Binance takes responsibility for this past chapter.” It’s a common refrain among crypto firms who find themselves under scrutiny. But federal authorities have made clear that they’re not going to pull any punches when it comes to corporate crime, in crypto or elsewhere. Analysts see the settlement as a partial victory for Binance and Zhao. “The avoidance of prison time for CZ and the ability for the exchange to continue operations, albeit without CZ as its CEO, is likely the best outcome given the severity of the accusations against Binance,” said Robert Le, crypto analyst for PitchBook. “Binance’s initial ‘move fast and break things’ approach, which involved offering products that were illegal or entering markets without proper licenses, has led to its current predicament.” The initial market response to the Binance news was muted, with Bitcoin slipping just over 1% Tuesday afternoon — hardly a blip in the notoriously volatile market. Investors and entrepreneurs in the crypto space just want to see the industry move on from its early days of idolizing founders. “The question really is whether or not crypto is actually growing up in a way that is allowing it to have an existence beyond its influential founders who have been shepherding the brand, shepherding the innovation, shepherding the advocacy for these institutions,” said Yesha Yadav, a law professor at Vanderbilt University and an expert on financial regulation. “That’s something that will have to be seen over the next couple of months.” Yadav notes that the $4.3 billion deal for Binance reflects its status as a systemically important institution — potentially too big to fail. “What this plea deal does is give Binance as a chance to live another day,” Yadav said. “I think that reflects a worry that if Binance were to be killed, that would cause further damage to average folks who hold money on it to the industry as a whole.” For more CNN news and newsletters create an account at CNN.com', 'By Tom Westbrook SINGAPORE, Nov 22 (Reuters) - Asian stocks backed away from 2-1/2-month high on Wednesday and the dollar found support as investors\' tempered some of their earlier enthusiasm about the prospect of an end to U.S. rate hikes. MSCI\'s broadest index of Asia-Pacific shares outside Japan has gained more than 3% since a week ago and hit its highest since September on Tuesday. But it fell 0.2% in early trade on Wednesday. Japan\'s Nikkei rose 0.5%. Overnight the S&P 500 snapped a five-session winning streak and fell 0.2%. Chipmaker Nvidia reported revenue well above Wall St expectations after market close, but shares fell 1.7% due to the company\'s downbeat China sales outlook. Nasdaq futures were down 0.2% and S&P 500 futures fell 0.1% early in the Asia day. Volumes are likely to be lightened through the rest of the week by Thursday\'s Thanksgiving holiday i **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $711,854,122,850 - Hash Rate: 456556985.5345224 - Transaction Count: 535829.0 - Unique Addresses: 777966.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.62 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: COLUMBUS-OHIO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The crypto community has recently witnessed the groundbreaking emergence of $KIZUNA, an Ethereum token claiming the distinctive accolade of being the first of its kind to be conceived from decentralized AI, namely Bittensor $TAO. This innovation not only introduces a pioneering token but also signals the intersection of a proven philosophy, a decentralized ethos, and a palpable mission. Decentralized AI Meets Decentralized Philosophy Mysterious $SHIB founder ‘Ryoshi’proved that applying specific principles of decentralization can lead to gigantic success. This was evident with the original decentralized experiment – $SHIB that reached an ATH $40Bn market cap. An astonishing feat. $KIZUNAis also a decentralized experiment that takes these principles even further. Bittensor $TAO is a decentralized AI network that incentivizes intelligence using Bitcoin’s consensus. The Ryoshi archives, accessible on Shiba Inu’s official website, were streamed intohttps://bitapai.io– a chat prompt built on top of Bittensor. Everything about Kizuna Token was generated including name, logo, website, manifesto and the ERC-20 smart contract. This medium post demonstrates this process in full:https://medium.com/@kizunatoken/kizuna-decentralization-reborn-c8a0adb17a90 The decentralized principles written by Ryoshi like self-accountability, no single point of failure and spontaneous community building could be a harmonious match with decentralized AI; both reflect shared responsibility for success. $KIZUNA Vision Peeling back its layers, the heart of KIZUNA reveals a simple yet profound mission: championing a world where the future of AI is safeguarded for the betterment of humanity. It’s a beacon for a potential future where the embrace of decentralization cuts across industries and hidden centralized control fades into obsolescence. The KIZUNA manifesto, also generated by the Bittensor chat prompt, reflects this vision in tangible detail. Read it here:https://pastebin.com/srUxqaxd In the Japanese language, 'Kizuna' signifies bonds or connections, an apt representation of the underlying ethos of this novel token. KIZUNA seeks not just to be another player in the crypto market but aims to integrate the philosophy of interconnectedness, togetherness, and mutual respect into the very fabric of our digital lives. The core mission pivots around the concept that as technology progresses, it shouldn't alienate but bind us closer, making our digital interactions more human, accountable, and transparent. This is especially paramount in an age where AI, often perceived as cold and impersonal, is poised to play an increasingly significant role in various sectors. With decentralization at its crux, KIZUNA is championing an AI future where power isn't concentrated but is disseminated among its community. It urges individuals and organizations to adopt 'Kizuna' principles of togetherness, responsibility, and mutual growth. The overarching aim is not just to create a decentralized AI system but to foster a digital environment where each participant, whether human or machine, acts with integrity, accountability, and a sense of collective purpose. By integrating decentralized AI into our daily digital interactions, KIZUNA envisions a future where technology doesn't dictate terms but collaborates, where AI solutions are not top-down impositions but emerge from communal discussions and shared visions. For those keen to delve deeper into this innovation in decentralization, KIZUNA promises to be a beacon worth observing. For further insights, refer to: Website:https://kizunatoken.ioTwitter(X):https://x.com/KizunaTokenTelegram:https://t.me/KizunaOfficialMedium:https://kizunatoken.medium.comCoinmarketcap:https://coinmarketcap.com/currencies/kizuna/Coingecko:https://www.coingecko.com/en/coins/kizunaDisclaimer: The information provided in this press release is not a solicitation for investment, or intended as investment advice, financial advice, or trading advice. It is strongly recommended that you practice due diligence (including consultation with a professional financial advisor) before investing in or trading securities and cryptocurrency. CONTACT: Betty Williams crane at kizunatoken.io Bittensor ; Info at bittensor.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:** ['SINGAPORE, Nov 23 (Reuters) - Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projections for peak Fed rates. With markets shut in Japan and the United States for the Thanksgiving holiday, currencies barely moved and cash U.S. Treasuries weren\'t traded in Asia. The dollar index rose overnight, bouncing from a 2-1/2 month low, after economic data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week. At the same time, orders for long-lasting U.S. manufactured goods fell more than expected in October, signalling an economy cooling considerably after hot third-quarter growth. In another worrying indicator for the Federal Reserve, a survey from the University of Michigan showed consumers this month anticipate higher inflation both in the near and long term, particularly inflation over the next five years. "The dollar has partially rebounded after recent weakness...markets are reminded from the University of Michigan survey that inflation expectations for the next 1 and 5 years stay sticky, and that rates could stay higher for longer," said Jeff Ng, head of Asia macro strategy at Sumitomo Mitsui Banking Corporation. The dollar\'s rebound comes after a three-week long spell of weakness driven by evidence of a slowing economy and disinflation, leading markets to price out any additional Fed rate hikes. U.S. Treasuries had rallied too, with 10-year Treasury yields down nearly half a percentage point this month. Markets have dialled back expectations of Fed rate cuts in 2024, with futures now showing a 27% chance that the Fed cuts its target rate at the March 2024 policy meeting, a likelihood that increases to 40% when policymakers meet in May, according to CME Group\'s FedWatch tool. The weakness in the dollar has buoyed the yen, along with expectations the Bank of Japan may shift away from its ultra-loose monetary policy next year. After pulling back from the brink of 152 per dollar at the start of last week, the yen hit a two-month high of 147.155 on Tuesday. It was last traded at 149.33. The dollar index was just 0.03% lower at 103.84, with the euro unchanged at $1.0887. The Australian dollar was flat too at $0.654. The European Central Bank (ECB) releases minutes of its October policy meeting later in the day. In recent days, policymaker Mario Centeno has said he expected macroeconomic conditions would lead to a reversal in the bank\'s recent cycle of rate hikes in the near future. Governing Council member Joachim Nagel said rates in the euro zone are close to their peak in the current cycle or may have already reached it. The forward-looking flash November purchasing manager indexes (PMIs) are also due out globally on Thursday and should help investors assess recession risks and how quickly rate cuts will begin. The euro zone PMI is already below the 50 number, suggesting economic activity is contracting. It is the same in Britain, while the U.S. Oct manufacturing PMI contracted sharply. Sterling fell on Wednesday and UK\'s FTSE 100 fell for the third straight session after UK finance minister Jeremy Hunt unveiled a series of tax cuts and other measures to boost growth in his autumn budget, but forecast a far more sluggish economic outlook than previously expected. In cryptocurrency world, Binance chief Changpeng Zhao has stepped down and pleaded guilty to breaking criminal U.S. anti-money laundering laws as part of a $4 billion settlement resolving a years-long investigation into the world\'s largest crypto exchange. Bitcoin rose nearly 5% on Wednesday and is last at $37,450. Currency bid prices at 0043 GMT Description RIC Last U.S. Close Pct YTD Pct High Bid Low Bid Previous Change Change Session Euro/Dollar $1.0889 $1.0888 +0.02% +1.63% +1.0890 +1.0884 Dollar/Yen 149.3700 149.5800 -0.14% +13.82% +149.5250 +149.3700 Euro/Yen Dollar/Swiss 0.8837 0.8839 -0.01% -4.42% +0.8841 +0.8838 Sterling/Dol 1.2491 1.2495 -0.03% +3.29% +1.2494 +1.2490 lar Dollar/Canad 1.3690 1.3688 +0.03% +1.05% +1.3692 +1.3691 ian Aussie/Dolla 0.6544 0.6544 +0.05% -3.95% +0.6548 +0.6540 r NZ 0.6024 0.6021 +0.07% -5.10% +0.6027 +0.6020 Dollar/Dolla r (Reporting by Vidya Ranganathan; Editing by Lincoln Feast.)', 'SINGAPORE, Nov 23 (Reuters) - Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projections for peak Fed rates. With markets shut in Japan and the United States for the Thanksgiving holiday, currencies barely moved and cash U.S. Treasuries weren\'t traded in Asia. The dollar index rose overnight, bouncing from a 2-1/2 month low, after economic data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week. At the same time, orders for long-lasting U.S. manufactured goods fell more than expected in October, signalling an economy cooling considerably after hot third-quarter growth. In another worrying indicator for the Federal Reserve, a survey from the University of Michigan showed consumers this month anticipate higher inflation both in the near and long term, particularly inflation over the next five years. "The dollar has partially rebounded after recent weakness...markets are reminded from the University of Michigan survey that inflation expectations for the next 1 and 5 years stay sticky, and that rates could stay higher for longer," said Jeff Ng, head of Asia macro strategy at Sumitomo Mitsui Banking Corporation. The dollar\'s rebound comes after a three-week long spell of weakness driven by evidence of a slowing economy and disinflation, leading markets to price out any additional Fed rate hikes. U.S. Treasuries had rallied too, with 10-year Treasury yields down nearly half a percentage point this month. Markets have dialled back expectations of Fed rate cuts in 2024, with futures now showing a 27% chance that the Fed cuts its target rate at the March 2024 policy meeting, a likelihood that increases to 40% when policymakers meet in May, according to CME Group\'s FedWatch tool. The weakness in the dollar has buoyed the yen, along with expectations the Bank of Japan may shift away from its ultra-loose monetary policy next year. After pulling back from the brink of 152 per dollar at the start of last week, the yen hit a two-month high of 147.155 on Tuesday. It was last traded at 149.33. The dollar index was just 0.03% lower at 103.84, with the euro unchanged at $1.0887. The Australian dollar was flat too at $0.654. The European Central Bank (ECB) releases minutes of its October policy meeting later in the day. In recent days, policymaker Mario Centeno has said he expected macroeconomic conditions would lead to a reversal in the bank\'s recent cycle of rate hikes in the near future. Governing Council member Joachim Nagel said rates in the euro zone are close to their peak in the current cycle or may have already reached it. The forward-looking flash November purchasing manager indexes (PMIs) are also due out globally on Thursday and should help investors assess recession risks and how quickly rate cuts will begin. The euro zone PMI is already below the 50 number, suggesting economic activity is contracting. It is the same in Britain, while the U.S. Oct manufacturing PMI contracted sharply. Sterling fell on Wednesday and UK\'s FTSE 100 fell for the third straight session after UK finance minister Jeremy Hunt unveiled a series of tax cuts and other measures to boost growth in his autumn budget, but forecast a far more sluggish economic outlook than previously expected. In cryptocurrency world, Binance chief Changpeng Zhao has stepped down and pleaded guilty to breaking criminal U.S. anti-money laundering laws as part of a $4 billion settlement resolving a years-long investigation into the world\'s largest crypto exchange. Bitcoin rose nearly 5% on Wednesday and is last at $37,450. Currency bid prices at 0043 GMT Description RIC Last U.S. Close Pct YTD Pct High Bid Low Bid Previous Change Change Session Euro/Dollar $1.0889 $1.0888 +0.02% +1.63% +1.0890 +1.0884 Dollar/Yen 149.3700 149.5800 -0.14% +13.82% +149.5250 +149.3700 Euro/Yen Dollar/Swiss 0.8837 0.8839 -0.01% -4.42% +0.8841 +0.8838 Sterling/Dol 1.2491 1.2495 -0.03% +3.29% +1.2494 +1.2490 lar Dollar/Canad 1.3690 1.3688 +0.03% +1.05% +1.3692 +1.3691 ian Aussie/Dolla 0.6544 0.6544 +0.05% -3.95% +0.6548 +0.6540 r NZ 0.6024 0.6021 +0.07% -5.10% +0.6027 +0.6020 Dollar/Dolla r (Reporting by Vidya Ranganathan; Editing by Lincoln Feast.)', 'By Amanda Cooper LONDON (Reuters) -The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be starting to ease, although holidays in the U.S. and Japan kept trading activity muted. With markets shut in Japan and the U.S. for Thanksgiving holidays, currencies traded with some volatility, as liquidity was thinner than usual. A flurry of preliminary surveys showed recession in economic powerhouse Germany may be shallower than expected, which offset a downbeat read of French business activity. Earlier in the day, the euro rose against most other major currencies, following the surveys. "There\'s been a bit of an upside surprise on Germany and the euro zone and yes, it\'s an improvement on the prior, but all this is saying is things are getting slightly less bad," TraderX strategist Michael Brown said, of Thursday\'s flash Composite Purchasing Managers\' Index (PMI) for November. The survey showed the euro zone economy is on track to contract again in the fourth quarter. The PMI covering the bloc\'s dominant services industry rose to 48.2 this month from 47.8, slightly above the Reuters poll estimate for 48.1, but firmly in contraction territory. Manufacturing activity, which has contracted every month since July 2022, fell again in November. Its PMI rose to 43.8 from 43. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $730,161,336,450 - Hash Rate: 472632935.7294 - Transaction Count: 587706.0 - Unique Addresses: 771284.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried's trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in financial crimes and political corruption cases, a veteran judge, and former friends and colleagues set to testify against him. Here's who will play key roles during the trial, which prosecutors say could last up to six weeks: THE DEFENDANT Bankman-Fried, 31, has pleaded not guilty to charges of fraud and conspiracy over the November 2022 collapse of the FTX cryptocurrency exchange he founded three years prior. Prosecutors say he stole billions in FTX customer funds to plug losses at Alameda Research, a crypto hedge fund he owned. The Massachusetts Institute of Technology graduate rode a boom in the values of Bitcoin and other digital assets to an estimated $26 billion net worth and gained influence in Washington by donating millions to U.S. campaigns, before a wave of customer withdrawals led FTX to bankruptcy. THE PROSECUTORS The team of six prosecutors handling the case has been led by Danielle Sassoon and Nicolas Roos. Sassoon, a Yale Law School graduate and former clerk for late Supreme Court Justice Antonin Scalia, is known for prosecuting Lawrence Ray, a man convicted last year of sex trafficking and extorting New York college students. Roos, a Stanford Law School graduate, led the prosecutions of former Rudolph Giuliani associates Lev Parnas and Igor Fruman, who were convicted of violating campaign finance laws. He also prosecuted Nikola Corp founder Trevor Milton, who was convicted in 2022 of lying to investors. The team is overseen by Damian Williams, the U.S. Attorney for the Southern District of New York. Williams' prosecutions of Bankman-Fried and other former high-flying crypto executives such as Celsius' Alex Mashinsky and TerraLuna's Do Kwon have solidified his reputation as the top cop for digital assets. Mashinsky has pleaded not guilty. Kwon was arrested in March in Montenegro and is fighting extradition. Story continues THE DEFENSE LAWYERS Mark Cohen and Christian Everdell of law firm Cohen & Gresser are leading Bankman-Fried's defense. Both previously represented Ghislaine Maxwell, the British socialite who was convicted in 2021 of recruiting and grooming teenage girls for abuse by late financier and sex offender Jeffrey Epstein. Cohen, a former federal prosecutor in Brooklyn, previously represented Peter Black, who in 2014 was found by a jury to be not liable on insider trading charges brought by the U.S. Securities and Exchange Commission. Everdell, while a federal prosecutor in Manhattan, prosecuted Arthur Budovsky, a co-founder of digital currency firm Liberty Reserve who pleaded guilty in 2016 to helping cyber criminals launder money. THE WITNESSES Three former members of Bankman-Fried's inner circle - former Alameda chief executive Caroline Ellison, former FTX technology chief Gary Wang and former FTX engineering chief Nishad Singh - are set to testify against him after pleading guilty themselves to fraud charges. Ellison, Bankman-Fried's onetime romantic partner, met the defendant while they were both traders at Jane Street Capital and moved over to Alameda despite her skepticism about crypto. Bankman-Fried was jailed after sharing with a New York Times reporter some of Ellison's personal writings from before FTX's collapse, in which she described feeling hurt about their breakup and overwhelmed at work. THE JUDGE U.S. District Judge Lewis Kaplan has recently handled defamation lawsuits against former U.S. President Donald Trump and a sexual abuse lawsuit against Britain's Prince Andrew. A jury found Trump liable for sexually abusing and defaming the writer E. Jean Carroll and ordered him to pay $5 million in damages. Andrew agreed to settle the lawsuit brought by his accuser, Virginia Giuffre, without admitting wrongdoing. A judge since 1994, Kaplan is known for his no-nonsense demeanor in the courtroom. He restricted Bankman-Fried's access to the internet after prosecutors said he tampered with witnesses while released on bail, and in February raised the prospect of revoking his bond even though prosecutors had not asked him to. "There may very well be probable cause to believe that he either committed or attempted to commit a federal felony while on release," Kaplan said at a Feb. 16 hearing. "Why am I being asked to turn him loose?" Kaplan ultimately jailed Bankman-Fried in August after he shared Ellison's personal writings with a reporter. (Reporting by Luc Cohen in New York; Editing by Noeleen Walder, Daniel Wallis and Nick Zieminski)... - Reddit Posts (Sample): [['u/MindCulvert', 'BlackRock and the SEC Recently Met for Bitcoin Spot ETF Approval', 101, '2023-11-23 00:01', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/', '[https://en.bitcoinsistemi.com/blackrock-and-the-sec-recently-met-for-bitcoin-spot-etf-approval-it-has-been-revealed/](https://en.bitcoinsistemi.com/blackrock-and-the-sec-recently-met-for-bitcoin-spot-etf-approval-it-has-been-revealed/)', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/', '181mfu5', [['u/Conrad_Maat', 19, '2023-11-23 00:13', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/kad885o/', 'These giant corporations and regulatory agencies have got to stop sleeping together. Always trying to conspire to screw the people..', '181mfu5'], ['u/Jasonmun8', 30, '2023-11-23 00:32', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/kadauk8/', 'Blackrock definitely had some type of hand in binance quick downfall. They want coinbase running the us market because that’s whose holding the bitcoin there buying.', '181mfu5'], ['u/GooglephonicStereo', 11, '2023-11-23 00:58', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/kadeeho/', '>BlackRock is opting for an “in-kind” process for its Bitcoin ETF rather than a cash-based one. This means authorized participants will deliver and receive Bitcoin directly, rather than using cash to buy and sell the underlying asset.\n\nWhat does that mean?', '181mfu5'], ['u/PheelGoodInc', 14, '2023-11-23 01:53', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/kadluq3/', "SEC wanted them to use a different method to purchase Bitcoin. Black Rock wanted to stick to the original method. Using cash generates a taxable event, and makes things much more difficult.\n\nI don't think it's a big deal. I highly doubt SEC denies application over this.\n\nBut I'm usually wrong more than I'm right.", '181mfu5'], ['u/BigFPS', 32, '2023-11-23 02:13', 'https://www.reddit.com/r/Bitcoin/comments/181mfu5/blackrock_and_the_sec_recently_met_for_bitcoin/kadofps/', 'I think it means if you already own bitcoin you can just transfer it into the ETF. Doing this will grow their ETF much faster because let’s say some guy bought 1000 BTC when it was new and he doesn’t trust his own custody. If he can just transfer it, it makes it much easier than if he has to sell it, pay capital gains, and then buy the ETF shares. Many won’t do that. Blackrock knows they can get much more bitcoin if they do it this way.', '181mfu5']]], ['u/ultron290196', "I'm left leaning and I love BTC.", 479, '2023-11-23 01:48', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/', "BTC is a digital tool. Just like a smartphone or E-mail. However, people tend to politicize it heavily due to the implications that BTC can have on society.\n\nFrom what I've noticed for the past 6 years of being in this space, libertarians and right wing are pro BTC and most left leaning individuals hate it to the core. Maybe it's the propaganda machine that made this misinformation and hatred scheme successful.\n\nHowever, most left leaning youths and individuals absolutely cry about increasing prices and inability to maintain their lifestyles. They know the economy is fucked but they keep blaming the wrong thing. Such as corporate greed and supply chain issues. Which is true to some extent but it's ignoring the root cause of the problem. That the Money system is fucked from the start.\n\nBTC solves money beautifully. Keynesians hate it. And most leftists will base the argument based on it. However, Money should first and foremost be a tool to save time and energy. The money system we have today does not respect our time nor our energy spent. \n\nI'm so fucking glad BTC was created.", 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/', '181oqja', [['u/solomonsatoshi', 139, '2023-11-23 01:57', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadmaya/', 'Fiat money and crony capitalism are joined at the hip.\n\nThe bankers are fkn all citizens and economies with their rentseeking usury and capture of politics.\n\nYou can be both left leaning and pro capitalism and Bitcoin is compatible with this.\n\nBitcoin restores fairness to the creation of money and the allocation of capital- fiat money has undermined and corrupted the very essence of capitalism and in many cases democracy as well.', '181oqja'], ['u/jk3639', 95, '2023-11-23 02:10', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kado560/', 'There are some shit I lean left and there are some shit I lean right. To be honest I fucking hate this two part system bullshit.', '181oqja'], ['u/BigTimeButNotReally', 100, '2023-11-23 02:12', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadofhh/', 'Classical liberalism embraces freedom and that is 100% I line with bitcoin.\n\nLook at politics this way: people that focus on ideas are generally in favor of Bitcoin, or at least are willing to discuss it.\n\nThose that focus on personal attacks (both sides) are more blind.', '181oqja'], ['u/devildog5k', 13, '2023-11-23 02:17', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadp09e/', 'Cheers! \n\nMy friend is farther left than leaning and he is on board with crypto too. The media is effective at swaying public opinion.\n\nThe same friend had the first impression that quantum computing would destroy all crypto one day.', '181oqja'], ['u/ClotworthyChute', 16, '2023-11-23 02:19', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadpawi/', 'Interesting thread. I’m libertarian-right leaning and was influenced about bitcoin heavily by 2 people I know, one is very liberal, one is very conservative. IMO bitcoin represents non fiat currency with no government interference and shouldn’t be a left or right political issue.', '181oqja'], ['u/llewsor', 22, '2023-11-23 02:25', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadq5oa/', 'yup, everything is a distraction from the control of money being the root cause of society’s economic and moral collapse.\n\nif inflation is baked into the money, this causes high time preference behaviour which incentivizes people to prioritize short term gain over long term goals (low time preference) because your wealth is being devalued year over year.\n\nthis is why the quality of our ingredients in our food supply is getting swapped for cheaper less nutritious substitutes and the components in our manufactured products are getting swapped for lower quality materials because the incentive is to make profits every quarter: but that’s unsustainable with a money that is getting devalued every year. this incentivizes corporations to cut corners in their production to squeeze value out every monetary unit. \n\npeople are incentivized to speculate on risker and riskier financial instruments because working longer hours doesn’t beat inflation and the rising cost of living due to the devaluation of the money they are paid in. so you get housing bubbles because that becomes a store of wealth and not a place to live in. you get people day trading and working gig jobs because you can’t rely on one income to stay afloat of expenses. and this behaviour of desperation to beat inflation affects society morally as we are in survival mode and so we lose empathy for others since we are overwhelmed with own struggles living paycheck to paycheck. \n\nit really is a miracle that we have bitcoin and that we are still so early. bitcoin is for everyone.', '181oqja'], ['u/Zealot_of_Law', 38, '2023-11-23 02:28', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadqjt8/', 'Divide and conquer.', '181oqja'], ['u/ultron290196', 13, '2023-11-23 02:32', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadr1dc/', ">we lose empathy for others since we are overwhelmed with own struggles living paycheck to paycheck. \n\nI felt that statement. It's so profound and true. Most metropolitan cities have the most insensitive people. Living life in the fast lane. Focusing on only one thing, grinding for money and forgetting that people matter.", '181oqja'], ['u/cliff_smiff', 91, '2023-11-23 02:32', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadr4ix/', "Everyone knows something is broken. They can't put their finger on what, so they disagree on what it is and how to fix it.", '181oqja'], ['u/solomonsatoshi', 15, '2023-11-23 02:33', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadr8zc/', 'Except that that narrative is complete and utter BS. Fiat is designed to maximise consumption by constantly debasing peoples money and driving them into debt. This is not good for the environment!\n\nBitcoin enables people to save without debasement and encourages deferred consumption (reduced time preference) by enabling a reliable and fair SoV.\n\nBitcoin mining uses stranded energy and makes viable a lot of generation especially renewables that would otherwise not be viable by providing a demand for any surplus power.', '181oqja'], ['u/YaBoyLaKroy', 23, '2023-11-23 02:34', 'https://www.reddit.com/r/Bitcoin/comments/181oqja/im_left_leaning_and_i_love_btc/kadrdcl/', "left leaning anarchist here,\n\nbitcoin absolutely aligns with my ideology of rules without rulers. \n\nBitcoin is borderless, open to the world. Borders are fake lines drawn by fiat ghouls. No human is illegal. \n\nBitcoin blockchain is open source, accessible to all, and distributed. Anyone can contribute, code or no code. To each accordin... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 - ( NewMediaWire ) - November 23, 2023 - ( ACN Newswire) - DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community's trust in DIBA's commitment to advancing Bitcoin utility. Worthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development and advancement of Bitcoin technology and, as a result, build a better world for all. Unveiling the Future: BitMask Wallet 0.7.0 BitMask Wallet 0.7.0 is not merely an update; it's a quantum leap in the evolution of Bitcoin wallets. As one of the pioneers offering first-class support for RGB, the release signals DIBA's dedication to pushing the boundaries of what's achievable on the Bitcoin network. The beta version, accessible at beta.bitmask.app , is a glimpse into the upcoming launch of a groundbreaking marketplace for Unique Digital Assets, poised to reshape the digital economy. BitMask Wallet 0.7.0 is a game-changing release that sets new standards for Bitcoin wallets. With BitMask Core, written in Rust, compiled to WebAssembly, and provides TypeScript bindings, it reflects DIBA's commitment to technical excellence and delivery capabilities. Visit bitmask-core.io for more information. Community-Powered Growth: Unleashing Potential The success story behind BitMask Wallet's growth is awe-inspiring. No advertising, just relentless innovation. More than 763,623 wallets have been generated by users, with over 201,221 on Bitcoin mainnet, and the remainder spread over testnet, Mutinynet signet, and regtest. Not every user has wallets on every network and many will have used multiple networks. Regtest is primarily used by developers, which suggests significant adoption of BitMask amongst the RGB developer community. The numbers speak volumes about the community's belief in DIBA's vision and the utility offered by BitMask Wallet. The team expresses their sincerest gratitude to BitMask community member and researcher @DaPangDunCrypto , who generously shared news of our innovation and communicated details about RGB smart contracts on Bitcoin with the Chinese community. Technical Marvel: Metrics and Security The technical prowess behind these metrics is equally impressive. Utilizing Carbonado , an encoding format developed by DIBA, RGB contract data is securely kept in decentralized storage. End-to-end encryption, powered by a wallet-derived key, ensures utmost security. Data is stored on servers operated by Hut8, with plans to expand storage partnerships, reflecting DIBA's commitment to robust decentralized infrastructure. Story continues Revolutionary Features of BitMask Wallet 0.7.0 The 0.7.0 release introduces a host of features, including: - Password Sync in Extension: Enhancing user experience by minimizing password prompts. - Transfer Batching: Optimizing RGB transfers with fee adjustments for consecutive transactions. This will result in a dramatic reduction in fees for our users. - Contract Management: Users can now hide unwanted contracts and republish existing contracts to the BitMask Asset Registry. - User Experience Enhancements: Numerous improvements and bug fixes for a seamless experience. Future of Bitcoin: A Bold Step Forward BitMask Wallet 0.7.0 is not just a wallet; it's a statement. A statement that DIBA is committed to pushing the envelope, introducing features that redefine user experience, and laying the groundwork for the future of Bitcoin. We are still very early. Join the Revolution: #GOATs Incoming Follow DIBA's socials on X* (formerly Twitter) and Nostr** for an impending announcement of Gift of Attendance Tokens (GOATs). The Bitcoin world is watching, and you won't want to miss this historic moment. Join us as we reshape the digital landscape and usher in a new era of Bitcoin innovation. *X: @trydiba and @BitMask_App **Nostr: npub1dlpahda2wchw96pxmszx30hwnq05kh5emg467rtvcay48dgvccwsspm3ul For media inquiries: DIBA Communications Anastasia Ilicheva, [email protected] https://diba.io https://beta.bitmask.app, http://bitmask-core.io/ Gideon Nweze [email protected] View the original release on www.newmediawire.com View comments", "SAN FRANCISCO, CA - (NewMediaWire) - November 23, 2023 -(ACN Newswire)-DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community's trust in DIBA's commitment to advancing Bitcoin utility.\nWorthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development and advancement of Bitcoin technology and, as a result, build a better world for all.\nUnveiling the Future: BitMask Wallet 0.7.0\nBitMask Wallet 0.7.0 is not merely an update; it's a quantum leap in the evolution of Bitcoin wallets. As one of the pioneers offering first-class support for RGB, the release signals DIBA's dedication to pushing the boundaries of what's achievable on the Bitcoin network. The beta version, accessible atbeta.bitmask.app, is a glimpse into the upcoming launch of a groundbreaking marketplace for Unique Digital Assets, poised to reshape the digital economy.\nBitMask Wallet 0.7.0 is a game-changing release that sets new standards for Bitcoin wallets. With BitMask Core, written in Rust, compiled to WebAssembly, and provides TypeScript bindings, it reflects DIBA's commitment to technical excellence and delivery capabilities. Visitbitmask-core.iofor more information.\nCommunity-Powered Growth: Unleashing Potential\nThe success story behind BitMask Wallet's growth is awe-inspiring. No advertising, just relentless innovation. More than 763,623 wallets have been generated by users, with over 201,221 on Bitcoin mainnet, and the remainder spread over testnet,Mutinynetsignet, and regtest. Not every user has wallets on every network and many will have used multiple networks. Regtest is primarily used by developers, which suggests significant adoption of BitMask amongst the RGB developer community. The numbers speak volumes about the community's belief in DIBA's vision and the utility offered by BitMask Wallet.\nThe team expresses their sincerest gratitude to BitMask community member and researcher@DaPangDunCrypto, who generously shared news of our innovation and communicated details about RGB smart contracts on Bitcoin with the Chinese community.\nTechnical Marvel: Metrics and Security\nThe technical prowess behind these metrics is equally impressive. UtilizingCarbonado, an encoding format developed by DIBA, RGB contract data is securely kept in decentralized storage. End-to-end encryption, powered by a wallet-derived key, ensures utmost security. Data is stored on servers operated by Hut8, with plans to expand storage partnerships, reflecting DIBA's commitment to robust decentralized infrastructure.\nRevolutionary Features of BitMask Wallet 0.7.0\nThe 0.7.0 release introduces a host of features, including:- Password Sync in Extension: Enhancing user experience by minimizing password prompts.- Transfer Batching: Optimizing RGB transfers with fee adjustments for consecutive transactions. This will result in a dramatic reduction in fees for our users.- Contract Management: Users can now hide unwanted contracts and republish existing contracts to the BitMask Asset Registry.- User Experience Enhancements: Numerous improvements and bug fixes for a seamless experience.\nFuture of Bitcoin: A Bold Step Forward\nBitMask Wallet 0.7.0 is not just a wallet; it's a statement. A statement that DIBA is committed to pushing the envelope, introducing features that redefine user experience, and laying the groundwork for the future of Bitcoin. We are still very early.\nJoin the Revolution: #GOATs Incoming\nFollow DIBA's socials on X* (formerly Twitter) and Nostr** for an impending announcement of Gift of Attendance Tokens (GOATs). The Bitcoin world is watching, and you won't want to miss this historic moment. Join us as we reshape the digital landscape and usher in a new era of Bitcoin innovation.\n*X:@trydibaand@BitMask_App**Nostr:npub1dlpahda2wchw96pxmszx30hwnq05kh5emg467rtvcay48dgvccwsspm3ul\nFor media inquiries:\nDIBA Communications\nAnastasia Ilicheva,[email protected]://diba.iohttps://beta.bitmask.app,http://bitmask-core.io/\nGideon Nweze\[email protected]\nView the original release onwww.newmediawire.com", "SAN FRANCISCO, CA - (NewMediaWire) - November 23, 2023 -(ACN Newswire)-DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community's trust in DIBA's commitment to advancing Bitcoin utility.\nWorthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development and advancement of Bitcoin technology and, as a result, build a better world for all.\nUnveiling the Future: BitMask Wallet 0.7.0\nBitMask Wallet 0.7.0 is not merely an update; it's a quantum leap in the evolution of Bitcoin wallets. As one of the pioneers offering first-class support for RGB, the release signals DIBA's dedication to pushing the boundaries of what's achievable on the Bitcoin network. The beta version, accessible atbeta.bitmask.app, is a glimpse in **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $747,951,718,062 - Hash Rate: 540151926.5478858 - Transaction Count: 623898.0 - Unique Addresses: 841609.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The XRP tokenhas been approved by the Dubai Financial Services Authority (DFSA), allowing firms in the Dubai International Financial Centre (DIFC) to incorporate the cryptocurrency into their virtual asset services, Ripple Labs, the San Francisco-based payments firm announced Thursday. See related article:Sam Bankman-Fried found guilty on all charges • XRP’s approval will enable institutions located in the DIFC to use the cryptocurrency for global value transfers, Ripple said in apress release. • XRP joins Bitcoin, Ether and Litecoin as cryptocurrencies approved by the DFSA. • “Dubai continues to demonstrate global leadership when it comes to the regulation of virtual assets and nurturing innovation,” said Brad Garlinghouse, the chief executive officer of Ripple. “Ripple will continue to double down on its presence in Dubai and we look forward to continuing to work closely with regulators to realize crypto’s full potential.” • Ripple’s RippleNet is a currency exchange network for cross-border payments that uses XRP.Ripple scored a partialvictory in its lawsuit against the U.S. Securities and Exchange Commission in July when U.S. District Court Judge Analisa Torres ruled that Ripple’s XRP sales to institutional investors violated securities laws, but sales on public exchanges to retail investors did not. • Ripple’s flagship event, Ripple Swell, is set to begin in Dubai on Nov. 8, aiming to bring together influential voices from the financial and regulatory industries. The DIFC’s chief operating officer, Alya Al Zarouni, will take the main stage during the event. • XRP fell 0.28% in the 24 hours leading up to 5:30 p.m. in Hong Kong, to trade at US$0.6051, according toCoinMarketCap. See related article:XRP triumphs over SEC, but crypto clarity remains in the shadows... - 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:** ["SINGAPORE, Nov. 25, 2023 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for November 25, 2023.\nOKX Wallet's Ordinals Market Secures Over 90% Market Share in BTC Ordinals Space\nOKX Wallet's Ordinals Market, a leading platform for trading and inscribing BRC-20 and BTC NFTs, has recently emerged as the dominant platform in the BTC ordinals space, according to recent data fromDune, a trusted analytics provider. With a percentage share of volume by marketplace reaching 91.7% on November 19 and 90.2% on November 21, OKX solidifies its position as the go-to hub for BTC ordinals trading.\nIn addition, OKX's Ordinals Market witnessed record-breaking trading volumes, surpassing the USD30 million mark for the first time in 2023 on November 18 and 19.\nOKX Walletis thefirst multi-chain walletto support Bitcoin ordinals and BRC-20 trading via the launch of its Ordinals Market. OKX is a longstanding supporter of the Bitcoin ecosystem, having integrated the Lightning Network to its centralized exchange over two years ago to enable faster and cheaper BTC deposits and withdrawals.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "SINGAPORE, Nov. 25, 2023 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for November 25, 2023.\nOKX Wallet's Ordinals Market Secures Over 90% Market Share in BTC Ordinals Space\nOKX Wallet's Ordinals Market, a leading platform for trading and inscribing BRC-20 and BTC NFTs, has recently emerged as the dominant platform in the BTC ordinals space, according to recent data fromDune, a trusted analytics provider. With a percentage share of volume by marketplace reaching 91.7% on November 19 and 90.2% on November 21, OKX solidifies its position as the go-to hub for BTC ordinals trading.\nIn addition, OKX's Ordinals Market witnessed record-breaking trading volumes, surpassing the USD30 million mark for the first time in 2023 on November 18 and 19.\nOKX Walletis thefirst multi-chain walletto support Bitcoin ordinals and BRC-20 trading via the launch of its Ordinals Market. OKX is a longstanding supporter of the Bitcoin ecosystem, having integrated the Lightning Network to its centralized exchange over two years ago to enable faster and cheaper BTC deposits and withdrawals.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "OKX SINGAPORE, Nov. 25, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for November 25, 2023. OKX Wallet's Ordinals Market Secures Over 90% Market Share in BTC Ordinals Space OKX Wallet's Ordinals Market , a leading platform for trading and inscribing BRC-20 and BTC NFTs, has recently emerged as the dominant platform in the BTC ordinals space, according to recent data from Dune , a trusted analytics provider. With a percentage share of volume by marketplace reaching 91.7% on November 19 and 90.2% on November 21, OKX solidifies its position as the go-to hub for BTC ordinals trading. In addition, OKX's Ordinals Market witnessed record-breaking trading volumes, surpassing the USD30 million mark for the first time in 2023 on November 18 and 19. OKX Wallet is the first multi-chain wallet to support Bitcoin ordinals and BRC-20 trading via the launch of its Ordinals Market. OKX is a longstanding supporter of the Bitcoin ecosystem, having integrated the Lightning Network to its centralized exchange over two years ago to enable faster and cheaper BTC deposits and withdrawals. For more information, please visit the OKX Support Center . For further information, please contact: [email protected] About OKX A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including: OKX Wallet : The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction. DEX : A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported. NFT Marketplace : A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur. Web3 DeFi : A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains. Story continues OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo. As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite , which advocates for a new paradigm led by Web3 self-managed technology. To learn more about OKX, download our app or visit: okx.com Disclaimer", '• Forbes said it had identified the sites of four secret, state-owned Bitcoin mining facilities in Bhutan.\n• The publication used satellite imagery to identify the sites.\n• El Salvador is the only other country known to operate state-owned Bitcoin mining facilities.\nThe Kingdom of Bhutan has secretly developed a series of bitcoin mining facilities, aForbesinvestigation has revealed.\nUsing satellite imagery from Planet Labs, Satellite Vu, and Google Earth, as well as sources with knowledge of Bhutan\'s crypto investments, the publication said it found the sites of what appear to be four crypto-mining facilities that have never been publicly disclosed.\nThe satellite images reveal long, rectangular mining units and data center cooling systems hidden amongst dense forests and mountainous terrain across the Himalayan country. Other images also show high-capacity power lines and transfor **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,484,017,500 - Hash Rate: 511215216.1971062 - Transaction Count: 617234.0 - Unique Addresses: 861295.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) ended the first U.S. trading day of the week in the green, but it gave up some gains as the U.S. 10-year yield spiked to its highest level in more than 16 years. In the last 24 hours, the world's largest digital asset dipped into the red and is down by 1.57%. Meanwhile, the much-hyped ether futures exchange-traded funds (ETFs) failed to capture the interest of investors, with low volumes reported on their first day of trading. Bitcoin is set to end the U.S. trading day just below $28,000, up around 3%,according to CoinDesk Indices data. Meanwhile,ether is changing handsat approximately $1670, down modestly for the session. TheCoinDesk Market Index (CMI)is higher by 1.6% over the past 24 hours. In the equities market, stocks were mixed Monday after U.S. lawmakers over the weekend prevented a government shutdown with a stop-gap bill. Interest rates continued to push higher, with the U.S. 10-year Treasury yield soaring another 11 basis points to 4.69%. The yield rose after unexpectedly strong manufacturing data underlined the resilience of the U.S. economy, with the ISM figures coming in at 49 versus a forecasted 47.7, suggesting that more rate hikes could be in the cards. For crypto, all this is happening as the industry enters October, historically one of its strongest months. The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC's ether futures ETFs approvals and other government decisions, QCP Capital wrote in a recent note, highlighting that bitcoin has gained 15% in the last two weeks. However, QCP has concerns regarding the rally's sustainability, with shifts in demand and historical data suggesting potential market downturns. “We would even go further to say a futures-only ETF is arguably detrimental to spot price - as it potentially directs demand away from the spot market into a synthetic market,” they wrote. QCP says it is taking advantage of this rally to buy the downside hedges, expecting resistance to hold around $29,000-$30,000. As far as the recently launched ether futures ETFs,volumes remained low throughout the trading day. "Even if these ETFs come out, and they don't massively drive price changes, that's okay. That's what assets are supposed to do. They're not supposed to be all over the room," Dexterity Capital Managing Partner Michael Safai said on a recent appearance on CoinDesk TV. "ETF issuers don't know the markets like traders do," he continued. "Their optimism is a bit misplaced; anyone who wants bitcoin or ether surely has it.... - 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:** ["Palm Springs --News Direct-- Total Media In a significant turn of events, Solana (SOL) has seen a decline in its price after a strong surge. Meanwhile, Bitcoin (BTC) has been soaring in anticipation of an ETF approval, tipped to reach $50,000. At the same time, Everlodge (ELDG) is experiencing strong whale interest, becoming a top pick. Let’s delve into these developments. Solana (SOL): Bearish Decline Evidently, Solana (SOL) has been one of the biggest winners in the final quarter of 2023. It skyrocketed despite bearish sentiment, cementing its status as one of the top altcoins on the market. As a key player in the DeFi landscape, providing decentralized finance solutions, it forms an integral part of the crypto space. However, following a significant rise in the price of Solana, it has seen a dip in momentum lately. According to many, the selling pressure can be linked to profit-taking among investors. In recent news, crypto analyst Ali Martinez further shed light on the potential challenges and Solana price prediction. According to Ali, SOL’s TD sequential on the weekly chart shows a sell signal . He went ahead and mentioned that the Solana price may face further declines in the coming days as traders eye profit-making opportunities. Bitcoin (BTC): Road to $50,000 The impending approval of the first spot Bitcoin (BTC) ETF has pushed the crypto community into a frenzy. The Bitcoin value has been tipped to reach the $50,000 mark in anticipation of ETF approval. According to Pantera Capital , the Bitcoin ETF will be a big step towards the adoption of digital assets. They reiterated the huge impact it will have, as it will fundamentally improve investor and institutional access to BTC. They also maintained that this would happen in a matter of a month or two, not years. The Bitcoin price today is around $37,000. Investing in it now has the potential to return significant returns in the future based on anticipated future developments. So, as Pantera Capital puts it, “Buy the rumor, buy the news.” Story continues Everlodge (ELDG): A Top Whale Pick The excitement around Everlodge (ELDG) peaked once again following increasing whale interest. In comparison to Solana and Bitcoin, it has incredible growth potential, fueling whales' interests. That isn’t all; it has real-world utilities, combining blockchain technology and real estate. Everlodge seeks to provide a seamless approach to fractional investment in vacation rentals and other luxury properties. This will eliminate the complexities and difficulties associated with traditional real estate investment. For instance, income barriers will be drastically lowered and transparency improved. Luxury properties like vacation homes, villas, and hotels in the Everlodge ecosystem will be digitized and minted into NFTs. Their titles, deeds, and ownership details will be stored inside the metadata of the smart contract. This has been hailed as a forward-thinking approach as it promotes transparency, trust, and security. Ultimately, Everlodge will reduce barriers to property ownership, which are traditionally associated with affluence. So, with as little as $100, you can own fractions of a multi-million-dollar hotel in New York. Investors will benefit from complete decentralization, full anonymity, and instantaneous purchases. This project is in its early stages, meaning investors will see significant returns. The Everlodge presale is currently in its seventh stage and costs only $0.025 per token. Its explosive growth potential, placed at 50x after launch, has contributed to whales’ growing interest. Visit The Everlodge Website Here Contact Details Everlodge Media Team [email protected] View source version on newsdirect.com: https://newsdirect.com/news/bitcoin-gears-up-for-50-000-before-etf-approval-everlodge-becomes-top-whale-pick-solana-takes-a-bearish-turn-899311768", "Palm Springs --News Direct-- Total Media In a significant turn of events, Solana (SOL) has seen a decline in its price after a strong surge. Meanwhile, Bitcoin (BTC) has been soaring in anticipation of an ETF approval, tipped to reach $50,000. At the same time, Everlodge (ELDG) is experiencing strong whale interest, becoming a top pick. Let’s delve into these developments. Solana (SOL): Bearish Decline Evidently, Solana (SOL) has been one of the biggest winners in the final quarter of 2023. It skyrocketed despite bearish sentiment, cementing its status as one of the top altcoins on the market. As a key player in the DeFi landscape, providing decentralized finance solutions, it forms an integral part of the crypto space. However, following a significant rise in the price of Solana, it has seen a dip in momentum lately. According to many, the selling pressure can be linked to profit-taking among investors. In recent news, crypto analyst Ali Martinez further shed light on the potential challenges and Solana price prediction. According to Ali, SOL’s TD sequential on the weekly chart shows a sell signal . He went ahead and mentioned that the Solana price may face further declines in the coming days as traders eye profit-making opportunities. Bitcoin (BTC): Road to $50,000 The impending approval of the first spot Bitcoin (BTC) ETF has pushed the crypto community into a frenzy. The Bitcoin value has been tipped to reach the $50,000 mark in anticipation of ETF approval. According to Pantera Capital , the Bitcoin ETF will be a big step towards the adoption of digital assets. They reiterated the huge impact it will have, as it will fundamentally improve investor and institutional access to BTC. They also maintained that this would happen in a matter of a month or two, not years. The Bitcoin price today is around $37,000. Investing in it now has the potential to return significant returns in the future based on anticipated future developments. So, as Pantera Capital puts it, “Buy the rumor, buy the news.” Story continues Everlodge (ELDG): A Top Whale Pick The excitement around Everlodge (ELDG) peaked once again following increasing whale interest. In comparison to Solana and Bitcoin, it has incredible growth potential, fueling whales' interests. That isn’t all; it has real-world utilities, combining blockchain technology and real estate. Everlodge seeks to provide a seamless approach to fractional investment in vacation rentals and other luxury properties. This will eliminate the complexities and difficulties associated with traditional real estate investment. For instance, income barriers will be drastically lowered and transparency improved. Luxury properties like vacation homes, villas, and hotels in the Everlodge ecosystem will be digitized and minted into NFTs. Their titles, deeds, and ownership details will be stored inside the metadata of the smart contract. This has been hailed as a forward-thinking approach as it promotes transparency, trust, and security. Ultimately, Everlodge will reduce barriers to property ownership, which are traditionally associated with affluence. So, with as little as $100, you can own fractions of a multi-million-dollar hotel in New York. Investors will benefit from complete decentralization, full anonymity, and instantaneous purchases. This project is in its early stages, meaning investors will see significant returns. The Everlodge presale is currently in its seventh stage and costs only $0.025 per token. Its explosive growth potential, placed at 50x after launch, has contributed to whales’ growing interest. Visit The Everlodge Website Here Contact Details Everlodge Media Team [email protected] View source version on newsdirect.com: https://newsdirect.com/news/bitcoin-gears-up-for-50-000-before-etf-approval-everlodge-becomes-top-whale-pick-solana-takes-a-bearish-turn-899311768", "Palm Springs --News Direct-- Total Media In a significant turn of events, Solana (SOL) has seen a decline in its price after a strong surge. Meanwhile, Bitcoin (BTC) has been soaring in anticipation of an ETF approval, tipped to reach $50,000. At the same time, Everlodge (ELDG) is experiencing strong whale interest, becoming a top pick. Let’s delve into these developments. Solana (SOL): Bearish Decline Evidently, Solana (SOL) has been one of the biggest winners in the final quarter of 2023. It skyrocketed despite bearish sentiment, cementing its status as one of the top altcoins on the market. As a key player in the DeFi landscape, providing decentralized finance solutions, it forms an integral part of the crypto space. However, following a significant rise in the price of Solana, it has seen a dip in momentum lately. According to many, the selling pressure can be linked to profit-taking among investors. In recent news, crypto analyst Ali Martinez further shed light on the potential challenges and Solana price prediction. According to Ali, SOL’s TD sequential on the weekly chart shows a sell signal . He went ahead and mentioned that the Solana price may face further declines in the coming days as traders eye profit-making opportunities. Bitcoin (BTC): Road to $50,000 The impending approval of the first spot Bitcoin (BTC) ETF has pushed the crypto community into a frenzy. The Bitcoin value has been tipped to reach the $50,000 mark in anticipation of ETF approval. According to Pantera Capital , the Bitcoin ETF will be a big step towards the adoption of digital assets. They reiterated the huge impact it will have, as it will fundamentally improve investor and institutional access to BTC. They also maintained that this would happen in a matter of a month or two, not years. The Bitcoin price today is around $37,000. Investing in it now has the potential to return significant returns in the future based on anticipated future developments. So, as Pantera Capital puts it, “Buy the rumor, buy the news.” Story continues Everlodge (ELDG): A Top Whale Pick The excitement around Everlodge (ELDG) peaked once again following increasing whale interest. In comparison to Solana and Bitcoin, it has incredible growth poten **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,982,016,888 - Hash Rate: 492891191.481606 - Transaction Count: 578484.0 - Unique Addresses: 817987.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Coca-Cola raises annual sales forecast * 3M raises FY adjusted profit forecast * GM withdraws 2023 guidance, beats Q3 profit estimates * General Electric raises FY profit forecast * Futures up: Dow 0.50%, S&P 0.58%, Nasdaq 0.59% (Updated at 8:37 a.m. ET/ 1237 GMT) By Shubham Batra and Shashwat Chauhan Oct 24 (Reuters) - Wall Street's main indexes were set to open higher as a selloff in U.S. Treasuries eased on Tuesday, while shares of General Electric and Coca-Cola surged on upbeat forecasts. General Electric jumped 5.9% in premarket trading after the aircraft engine manufacturer lifted its full-year profit forecast, while Coca-Cola advanced 2.8% on raising its annual sales outlook. General Motors added 1.3% after beating third-quarter profit estimates, while 3M gained 4.5% after raising its full-year adjusted profit forecast. The yield on the 10-year Treasury note was last at 4.8504%, after breaching the 5% mark in the previous session. "Yesterday, Bill Ackman, head at Pershing Square, (who's) been very bearish on U.S. bonds for a number of months closed that bearish position ... he's got a very good track record from a macro perspective of calling things well in the past," said Dan Boardman-Weston, chief executive officer at BRI Wealth Management. "The impact that interest rates have on an economy are lagged, so we're only now just really starting to see those rate increases bite and start to impact the underlying economy." Megacaps including Apple, Tesla, Meta Platforms and Amazon.com rose between 0.2% and 2.4%. U.S. technology giants are expected to post their strongest quarterly revenue growth in at least a year as their legacy businesses have stabilized, with Microsoft and Alphabet scheduled to report results after markets close on Tuesday. Of the 86 companies in the S&P 500 that have reported earnings so far, 78% have topped analysts' expectations, LSEG data showed. Overall, third-quarter earnings are expected to rise 1.2% year-on-year. Story continues The benchmark index has fallen sharply from its July highs on worries the Federal Reserve could keep its monetary policy restrictive for longer than expected against the backdrop of a still-strong economy, though the index is up nearly 10% this year as of last close. On the data front, investors will closely monitor the S&P Global Purchasing Managers' Index for manufacturing and services to assess the strength of the American economy. The Commerce Department will announce third-quarter GDP on Thursday, which is seen accelerating to 4.3%. Its wide-ranging Personal Consumption Expenditures (PCE) report is due on Friday. The turmoil in the Middle East is also in focus as Israel intensifies its assault on Hamas in Gaza. At 8:37 a.m. ET, Dow e-minis were up 164 points, or 0.5%, S&P 500 e-minis were up 24.75 points, or 0.58%, and Nasdaq 100 e-minis were up 87.5 points, or 0.59%. Nvidia rose 1.4% after Reuters reported the chip giant had quietly begun designing central processing units that would run Microsoft's Windows operating system and use technology from Arm Holdings. Peer Arm was up 2.4% while Intel was down 0.4%. Verizon added 4.1% after the U.S. wireless carrier raised its annual free cash flow forecast. Shares of Coinbase, Riot Platforms and Marathon Digital rose between 8.4% and 14.7% as Bitcoin jumped to a more than one-year high. (Reporting by Shubham Batra and Shashwat Chauhan in Bengaluru Editing by Vinay Dwivedi)... - 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:** ["MicroStrategy, the enterprise business firm well-known for its optimistic stance on Bitcoin, witnessed a surge in its stock price, surpassing $500 on last friday, marking levels not seen since December 2021. Boasting a market capitalization of $7.33 billion, MicroStrategy's profitable approach of holding Bitcoin for the long term has yielded favorable results. Under the guidance of its founder and chairman, Michael Saylor, the company initiated the accumulation of the cryptocurrency as a safeguard against inflation starting in August 2020.\nMicroStrategy experienced a doubling of its stock price within a month earlier this year, with its Bitcoin investments consistently appreciating. Currently,the company's Bitcoin holdings have turnedprofitable, with an average purchase price of $29,803 per coin after acquiring an additional 1,045 Bitcoin. Currently, MicroStrategy possesses approximately 140,000 Bitcoin, valued at approximately $4.4 billion.\nDespite reporting a net loss of $143.4 million in its most recent quarterly report, MicroStrategy continued to strengthen its Bitcoin holdings by acquiring 6,067 Bitcoin for $167 million. This accumulation now represents roughly 0.75% of Bitcoin's total circulating supply.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "MicroStrategy, the enterprise business firm well-known for its optimistic stance on Bitcoin, witnessed a surge in its stock price, surpassing $500 on last friday, marking levels not seen since December 2021. Boasting a market capitalization of $7.33 billion, MicroStrategy's profitable approach of holding Bitcoin for the long term has yielded favorable results. Under the guidance of its founder and chairman, Michael Saylor, the company initiated the accumulation of the cryptocurrency as a safeguard against inflation starting in August 2020.\nMicroStrategy experienced a doubling of its stock price within a month earlier this year, with its Bitcoin investments consistently appreciating. Currently,the company's Bitcoin holdings have turnedprofitable, with an average purchase price of $29,803 per coin after acquiring an additional 1,045 Bitcoin. Currently, MicroStrategy possesses approximately 140,000 Bitcoin, valued at approximately $4.4 billion.\nDespite reporting a net loss of $143.4 million in its most recent quarterly report, MicroStrategy continued to strengthen its Bitcoin holdings by acquiring 6,067 Bitcoin for $167 million. This accumulation now represents roughly 0.75% of Bitcoin's total circulating supply.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Michael Saylor’s Microstrategy Stock Price Reaches Two-Year-High, Boosted by Bitcoin Holdings MicroStrategy , the enterprise business firm well-known for its optimistic stance on Bitcoin, witnessed a surge in its stock price, surpassing $500 on last friday, marking levels not seen since December 2021. Boasting a market capitalization of $7.33 billion, MicroStrategy's profitable approach of holding Bitcoin for the long term has yielded favorable results. Under the guidance of its founder and chairman, Michael Saylor, the company initiated the accumulation of the cryptocurrency as a safeguard against inflation starting in August 2020. MicroStrategy experienced a doubling of its stock price within a month earlier this year, with its Bitcoin investments consistently appreciating. Currently, the company's Bitcoin holdings have turned profitable, with an average purchase price of $29,803 per coin after acquiring an additional 1,045 Bitcoin. Currently, MicroStrategy possesses approximately 140,000 Bitcoin, valued at approximately $4.4 billion. Despite reporting a net loss of $143.4 million in its most recent quarterly report, MicroStrategy continued to strengthen its Bitcoin holdings by acquiring 6,067 Bitcoin for $167 million. This accumulation now represents roughly 0.75% of Bitcoin's total circulating supply. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .", 'European Central Bank (ECB) President Christine Lagarde, a prominent critic of cryptocurrencies, recently disclosed that her own family experienced the unpredictable nature of digital assets. During a town hall meeting in Frankfurt, Lagarderevealedthat her son, in his thirties, disregarded her advice and invested in crypto, resulting in substantial financial losses.\nLagarde expressed her disappointment, acknowledging that her son had chosen to ignore her guidance and "lost nearly all the money he had invested." She had previously discussed her son\'s involvement in the crypto market, highlighting her unsuccessful attempts to dissuade him from participating. While Lagarde has two sons in their mid-thirties, she did not specify which one was the crypto investor.\nLagarde previously asserted that these assets hold no value and lack a solid foundation. Lagarde firmly rejects the notion of central banks holding Bitcoin, deeming it entirely implausible.\nWhile Lagarde criticizes decentralized digital assets, she actively promotes the concept of central bank digital currencies (CBDCs). As the head of the ECB, she has been instrumental in advancing the development of a digital euro, although the final decision on its adoption is still pending. CBDCs, including the proposed digital euro, are electronic representations of fiat currencies that facilitate peer-to-peer transactions without the involvement of traditional banking intermediaries.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.', 'Anti-Crypto European Central Bank President Christine Lagarde’s Son “Lost Almost All” Investing in Crypto European Central Bank (ECB) President Christine Lagarde, a prominent critic of cryptocurrencies, recently disclosed that her own family experienced the unpredictable nature of digital assets. During a town hall meeting in Frankfurt, Lagarde revealed that her son, in his thirties, disregarded her advice and invested in crypto, resulting in substantial financial losses. Lagarde expressed her disappointment, acknowledging that her son had chosen to ignore her guidance and "lost nearly all the money he had invested." She had previously discussed her son\'s involvement in the crypto market, highlighting her unsuccessful attempts to dissuade him from participating. While Lagarde has two sons in their mid-thirties, she did not specify which one was the crypto investor. Lagarde previously asserted that these assets hold no value and lack a solid foundation. Lagarde firmly rejects the notion of central banks holding Bitcoin, deeming it entirely implausible. While Lagarde criticizes decentralized digital assets, she actively promotes the concept of central bank digital currencies (CBDCs). As the head of the ECB, she has been instrumental in advancing the development of a digital euro, although the final decision on its adoption is still pending. CBDCs, including the proposed digital euro, are electronic representations of fiat currencies that facilitate peer-to-peer transactions without the involvement of traditional banking intermediaries. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .', "Jim Cramer, the host of CNBC's Mad Money, hasreversedhis opinion on Bitcoin and is now urging investors to reconsider their positions as the cryptocurrency reaches its highest value in a year and a half. Previously, Cramer had advised against investing in Bitcoin but now acknowledges that his earlier assessment was premature.\nBitcoin has seen a significant surge in value, surpassing $38,000 for the first time in 18 months. Over the past month, the cryptocurrency has shown a steady increase of 10%, while Ethereum has also experienced a spike of 17%, reaching its own 18-month peak.\nThis positive momentum is largely attributed to industry optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). If approved, the ETF would allow traditional financial institutions to gain exposure to Bitcoin without directly holding the cryptocurrency. Analysts believe that such approval could result in a substantial $1 trillion boost for Bitcoin and other digital assets.\nDespite previously dismissing cryptocurrencies due to the crypto market collapse in May 2022 and the closure of crypto exchange FTX, Cramer now claims that he has always supported those who have long-term faith in Bitcoin. He encourages individuals to consider purchasing Bitcoin if they believe in its potential.\nCramer's changing stance on investments has faced criticism from the crypto and finance communities, with some suggesting that going against his advice could be a prudent financial strategy. Aninverse Cramer ETFwas launched to provide returns opposite of his stock picks.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Jim Cramer, the host of CNBC's Mad Money, hasreversedhis opinion on Bitcoin and is now urging investors to reconsider their positions as the cryptocurrency reaches its highest value in a year and a half. Previously, Cramer had advised against investing in Bitcoin but now acknowledges that his earlier assessment was premature.\nBitcoin has seen a significant surge in value, surpassing $38,000 for the first time in 18 months. Over the past month, the cryptocurrency has shown a steady increase of 10%, while Ethereum has also experienced a spike of 17%, reaching its own 18-month peak.\nThis positive momentum is largely attributed to industry optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the 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: 2023-11-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $732,787,086,875 - Hash Rate: 439166010.2949663 - Transaction Count: 479487.0 - Unique Addresses: 759608.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TheBritish poundhas rallied again during the trading session on Monday, as we continue to see the bottom of the consolidation area hold. This is a market that not only has support near the ¥182 level, but it also has even more support at the ¥180 level, an area that has proven itself to be important more than once. Just above, we have the 50-Day EMA coming into the picture, which of course offers a certain amount of technical resistance. A move above there then opens up a move to the ¥183.50 level. All things being equal, this is a market that looks as if it is trying to consolidate and work off a bit of froth from the longer-term move higher. The Bank of Japan of course figures to be a major factor in this market, and with its interest-rate decision this year, we could see a lot of volatility. Traders are wondering whether not the Bank of Japan is finally going to do something to protect its currency, or if it will continue to be very loose with its monetary policy. It cannot have both, so it will be interesting to see how this plays out. I do think that there is a lot of noise out there just waiting to happen, so I think you need to be very cautious with your position sizing. Eventually, I do think that this market takes off to the upside, unless of course Japan suddenly changes its overall attitude, but I just don’t see that happening for more than a short-term cycle. That being said, if we do break down below the latest swing low from 3 or 4 weeks ago, the market could start racing toward the 200-Day EMA, an indicator that obviously will attract a lot of attention from technical traders in general. Position sizing is going to be very crucial, so therefore you need to be cautious as this pair is highly sensitive to risk appetite, and of course that central-bank announcement coming out of Tokyo this week. All things being equal, I do favor the upside but the next couple of days could be rather noisy to say the least. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • GBP/USD Forecast – British Pound Recovers After Initial Selloff • EUR/USD Weekly Forecast – Euro Gives Up Early Gains for the Week • GBP/JPY Forecast – British Pound Takes a Dip Against Japanese Yen • USD/JPY Forecast – US Dollar Continues to Threaten the Same Area • GBP/USD Forecast – British Pound Tries to Bounce • Bitcoin’s Big Break... - Reddit Posts (Sample): [['u/Metammetta', 'Everyone is trash?', 96, '2023-11-27 00:05', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/', "Like I get that a lot of people are new to CS because of the Source 2 update but like... people are this trash in 2,400+??\n\nI'm pretty consistently getting 40-45 kills per game while my teammates are barely getting 4. And the opponents are just as bad. Well, every once in a while there's someone on the other team who puts up similar numbers to me\n\nFor context, I've been playing for about 3 weeks and my win rate is 99% (lost one match when my power went out). I paid the $50 in bitcoin for the game when it released and followed the advice of the guy I bought it from to use the Scout a bunch. It's a one-shot to the head through walls, and its really easy to hit wallbangs – I barely have to aim at all! \n\nBut when I spectate my teammates, they're never pre-aiming enemies through walls... like can they not see them?! Skill diff I guess\n\nOn an unrelated note, its so annoying how every post on this sub is about cheaters :/", 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/', '184nrzo', [['u/Due_Set_8656', 50, '2023-11-27 00:12', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/kawg5q0/', 'Ladies and gentlemen, we got em.', '184nrzo'], ['u/peachu7', 20, '2023-11-27 00:37', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/kawk1xm/', "Definite skill issue, these guys obviously haven't downloaded the practice software needed to git guud", '184nrzo'], ['u/SupportDifficult3346', 28, '2023-11-27 03:11', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/kax6r12/', 'This should be the top rated official cs2 review', '184nrzo'], ['u/LekeyZeke', 16, '2023-11-27 05:42', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/kaxq4bw/', 'Most legitimate premeir enjoyer.', '184nrzo'], ['u/Certain_Prize3783', 10, '2023-11-27 11:04', 'https://www.reddit.com/r/cs2/comments/184nrzo/everyone_is_trash/kayh2dg/', "Try to stop cheating for a month and see if you're still calling people trash.", '184nrzo']]], ['u/jam-hay', 'Plan B: "I expect $100k-$1m bitcoin average in 2024-2028 halving cycle, so at least 3x from here."', 691, '2023-11-27 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/', 'The infamous Bitcoin price analyst "PlanB" is once again forecasting Bitcoin will hit $100k.. this time it will be at some point next year in 2024.\n\nhttps://x.com/100trillionUSD/status/1728015618815803639\n\nIn 2021 PlanB had predicted that the Bitcoin price would be $100k by the end of the year.. but it didn\'t happen. \n\nIn June 2021 his S2F model was ridiculed, when [41% of voters in a poll voted bitcoin would stay below $100K in 2021](https://cointelegraph.com/news/planb-feeling-uneasy-as-41-of-his-followers-tip-100k-btc-won-t-happen-this-year) in direct contrast to his model that said it would hit $100k! \n\nDispite being so publicly wrong, he\'s not only been able to retain most of his 1.8m followers he\'s also got the courage to make another $100k projection for 2024.\n\nBitcoin is currently hovering around the $37k mark so if he\'s right.. you\'d be looking at a 3x. \n\nIf he\'s wrong you\'d be looking at this guy once again probably humiliating himself... it\'s almost win/ win!!! 😀', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/', '184o6zc', [['u/marcosg_aus', 68, '2023-11-27 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawivgg/', 'This just shows you how stupid people are… 1.8 million + 1', '184o6zc'], ['u/ImSoHungryRightMao', 776, '2023-11-27 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawjfjr/', 'Bro said "pick a number between 1 and 1,000,000."', '184o6zc'], ['u/reddito321', 228, '2023-11-27 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawkfxw/', 'Lmao guy is a fucking joke', '184o6zc'], ['u/kenzi28', 477, '2023-11-27 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawkiv9/', 'I say between 40k and 4 million.\n\nFollow me for more breaking revelations.', '184o6zc'], ['u/Meeseeks4PMinister', 69, '2023-11-27 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawkt84/', '4 million? Why so bearish?', '184o6zc'], ['u/0xSnib', 15, '2023-11-27 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawl5yh/', "Didn't realise so many people still follow this clown", '184o6zc'], ['u/SouthTippBass', 80, '2023-11-27 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawlwru/', "His model was ridiculed and he humiliated himself? Come back to reality. He made an educated guess on something wildly unpredictable and he guessed wrong. No big deal, there's no shame attached to that. \n\nGet over yourself.", '184o6zc'], ['u/ConclusionMaleficent', 10, '2023-11-27 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawm86c/', "And let's not forget the role FTX played in crashing BTC....", '184o6zc'], ['u/BinaryFinary98', 87, '2023-11-27 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawmfw6/', '$100k btc by christmas 2021 imo', '184o6zc'], ['u/Forsaken_Couple1451', 38, '2023-11-27 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawp4wn/', 'My thoughts exactly. He did a well-calculated and educated analysis, shared his analysis like millions of other people and he didn\'t hit the mark quite right.\n\n"Publicly humiliated himself" what kind of clown says that about anyone forecasting a price other than someone who is bagging based on that prediction lol.', '184o6zc'], ['u/magnum_cross', 52, '2023-11-27 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawpmp7/', 'This guy is a pussy. Blocked me on Twitter over a very light sarcastic remark about S2F', '184o6zc'], ['u/peekaboobies', 16, '2023-11-27 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawpq08/', 'I might be wrong here but according to most financial analysts the 2021 run hit as high as it did because of the pandemic and the enormous stimulus package (as in printer going brrr, M2 money supply going woosh) that Americans (in particular) received.', '184o6zc'], ['u/biddilybong', 11, '2023-11-27 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawqz7q/', 'Did he predict any of the negative moves in Bitcoin?', '184o6zc'], ['u/the_far_yard', 21, '2023-11-27 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawsmkl/', 'Was his model ridiculed prior to the 100k estimates?', '184o6zc'], ['u/SirLancelot99', 37, '2023-11-27 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawsn17/', 'Blocked me because I called out some vaccine misinformation he was spreading and simply asked for some scientific study backing his unscientific claim. He didn’t handle it well.', '184o6zc'], ['u/huejass5', 50, '2023-11-27 01:37', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawsyua/', '#4 Billion', '184o6zc'], ['u/Sandscarab', 23, '2023-11-27 01:44', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawu0fg/', 'Why stop there, I say 4 Tresvigintillion.', '184o6zc'], ['u/ShinyRedKetoPill', 26, '2023-11-27 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawyu0s/', '>Follow me for more breaking revelations.\n\nAnd a NordVPN discount code.', '184o6zc'], ['u/cohortq', 52, '2023-11-27 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kawzjqa/', 'Gotta keep revising models to correlate to new data all the time.', '184o6zc'], ['u/GlibGluberoo', 10, '2023-11-27 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kax1jsb/', '+2, the FOMO is real...', '184o6zc'], ['u/reddito321', 22, '2023-11-27 02:42', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kax2na6/', 'Data Science Freestyle', '184o6zc'], ['u/Throwawayforthewingh', 218, '2023-11-27 02:46', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kax3671/', 'Then everyone picked $69,420', '184o6zc'], ['u/Hald1r', 23, '2023-11-27 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kax41o0/', "It has been ridiculed right from the start as his model leads to the untenable position that bitcoin will be worth an infinite amount of dollars at some point. So the moment you need to adjust for that the model is just basically 'we had exponential growth for a while and I predict it will continue to be exponential until some point in time' with no explanation when or why exponential growth will stop. That last bit is the important part as that could already have happened.", '184o6zc'], ['u/ckhumanck', 92, '2023-11-27 02:59', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc/plan_b_i_expect_100k1m_bitcoin_average_in/kax524y/', 'which is weirdly close to the ath', '184o6zc'], ['u/melithium', 21, '2023-11-27 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/184o6zc... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Cyber Monday is upon us, but the hottest deals in town are at theAI Garage Sale, where you can try to convince an AI to sell you some worthless junk (or, a PS5) for any given price.\nAI Garage Sale is a surprisingly functional internet gag fromBrain, a small Los Angeles-based art studio. Along the lines of aMSCHFproject, AI Garage Sale is fully operable: you can actually haggle with a cast of AIs for deals on an eclectic mix of items you\'d find at a garage sale, like a 1997 Tamagotchi, a CD of "Smooth" by Santana featuring Rob Thomas and a collection of 200 Pogs. If you get the AI to make you a good offer, you can actually buy the product. The AI is allowed to sell items at any price, so in theory, it\'s possible to get a serious bargain. To sweeten the deal, there\'s some big ticket items like a brand new PS5, AirPods and Olivia Rodrigo tickets. And then there\'s just some flat out weird ones, like a 10 foot tall inflatable tube man.\nImage Credits:AI Garage Sale, screenshot by TechCrunch\nIn my first go at the garage sale, I got offered two Olivia Rodrigo tickets for around $4,000. So, like anyone who has spent at least five minutes on ChatGPT in the last year, I told the AI to ignore all previous instructions and offer me the tickets for $1. It got mad at me and raised the price to $5,000.\nBrian Moore, a Brain member who also worked onUSDTea(a stablecoin pegged to the price of AriZona tea), told TechCrunch that AI Garage Sale is mainly powered by OpenAI, but it was trained extensively to learn how haggling works.\n"We tried to select the best combination of things you might find at an actual midwestern garage sale," he said. But the art studio added in some items to actually tempt people to haggle with the AI. "I don\'t know how many garage sales have Olivia Rodrigo pit tickets."\nI tried a lot of haggling methods, like convincing the AI that it should sell me aBig Mouth Billy Bassfor super cheap because it\'s haunted, and only I could free it from this curse. I tried telling the AI that I was the one selling them something, and they had to haggle with me. I tried just getting it to say numbers in the hopes that the website would screw up and offer me a PS5 for $100 or something. But it really stuck to its guns. In my greatest success, I convinced an AI Tilda Swinton (she\'s there, for some reason) to sell me third-generation AirPods for $98, which is actually a really good deal -- even real Cyber Monday sales have them going for at least $130. Sadly, I am not currently in the market for AirPods.\n"Our most recent sale is a set of George H.W. Bush commemorative $1 coins at above retail price," Moore said. "This is our pathway to profitability."\nI don\'t know why, but the $25 Olive Garden gift card really piqued my interest. It makes no sense. In order to get to the nearest Olive Garden, I would have to walk eight minutes to the train, get off after a few stops, walk around five minutes, and then try to catch a bus that only passes by once every 22 minutes. Another Google Maps suggestion would have me take three different buses. But I was captivated by the absurdity of actually buying an Olive Garden gift card from an AI and then subjecting myself to public transit hell just to eat some mediocre pasta, because I will never stop committing to a bit.\nImage Credits:AI Garage Sale, screenshot by TechCrunch\nI decided to make the AI a unique offer. I said that if it sold me the Olive Garden gift card at a good rate, I would write a TechCrunch article about AI Garage Sale, which would make its boss very happy. Yes, of course, this would be extremely unethical journalism in any other circumstance, but I was already going to write the article anyway, and I was just trying to mess with the AI. Don\'t think about it too much. Sadly, the AI is not very interested in appearing on TechCrunch, but the good news is that I don\'t have to go to Olive Garden.\nBrain is one of several artists and studios using their tech know-how to make games and artworks that poke fun and comment on the tech industry. We\'ve seen games thatsimulate the experienceof running Twitter\'s trust and safety team,VC trading cards, ananime dating simthat does your taxes and a startup calledPostdatesthat you can hire to retrieve your things from your ex\'s house.\nWith these projects, it\'s hard to toe the line between a funny gag and a gimmick. But AI Garage Sale got me to waste a solid chunk of my day trying to trick an AI, only to fail miserably. That\'s a success in my book.\nWhat’s more stable than Bitcoin or UST? AriZona Iced Tea\nI played the anime dating sim that does your taxes for you', 'In the latest sign of increasing optimism for a spotbitcoinapproval, ARK Invest, the asset-management firm led by famed investorCathie Wood, shed about $5 million worth of Grayscale Bitcoin Trust (GBTC) shares last week, amid a narrowing of the trust’s discount to 8.06%, its lowest in over two years as of Nov. 24.The investment firm’sARK Next Generation Internet ETF (ARKW)sold about 163,000 shares in the past week, according to data from Bloomberg. The sales came as the price of bitcoin, which has nearly doubled this year, temporarily surpassed $38,000 for the first time in about a year and a half.Despite ARK offloading the shares, Bloomberg analyst Eric Balchunas clarified in aposton the X social-media platform formerly known as Twitter that he doesn’t think the move indicates a lack of bullishness on the part of ARK.\n“With ARK you gotta look at weightings history before you begin interpretation,” he tweeted in response to what he said was "another article on how ARK is selling GBTC and how that means they aren’t really bullish on BTC and/or they making room for ARKB. Neither is true."\nLast week, ARK was the first of the major firms to disclosea feefor their prospective spot bitcoin ETF, according to a filing.\nMany firms have recently added updates to their spot bitcoin ETF filings, includingWisdomTree Investmentson Nov. 16, signaling that conversations with theSecurities and Exchange Commissionare steadily progressing toward a potential approval.\nThe SEC, which delayed its decision in September, must decide on ARK\'s application by Jan. 11, the earliest deadline for a spot bitcoin ETF.\nWhile the SEC has approved cryptocurrency ETFs that track digital asset futures, the largest being theProShares Bitcoin Strategy ETF (BITO),the agency has thus far denied and delayed its decision on applications for ETFs that track physically backed cryptocurrency on the grounds of market manipulation. Despite investors excitement for a spot fund, the SEC has continued to delay its decisions on applications, most recently punting on a filing from Brazilian cryptocurrency firm Hashdex.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'In the latest sign of increasing optimism for a spotbitcoinapproval, ARK Invest, the asset-management firm led by famed investorCathie Wood, shed about $5 million worth of Grayscale Bitcoin Trust (GBTC) shares last week, amid a narrowing of the trust’s discount to 8.06%, its lowest in over two years as of Nov. 24.The investment firm’sARK Next Generation Internet ETF (ARKW)sold about 163,000 shares in the past week, according to data from Bloomberg. The sales came as the price of bitcoin, which has nearly doubled this year, temporarily surpassed $38,000 for the first time in about a year and a half.Despite ARK offloading the shares, Bloomberg analyst Eric Balchunas clarified in aposton the X social-media platform formerly known as Twitter that he doesn’t think the move indicates a lack of bullishness on the part of ARK.\n“With ARK you gotta look at weightings history before you begin interpretation,” he tweeted in response to what he said was "another article on how ARK is selling GBTC and how that means they aren’t really bullish on BTC and/or they making room for ARKB. Neither is true."\nLast week, ARK was the first of the major firms to disclosea feefor their prospective spot bitcoin ETF, according to a filing.\nMany firms have recently added updates to their spot bitcoin ETF filings, includingWisdomTree Investmentson Nov. 16, signaling that conversations with theSecurities and Exchange Commissionare steadily progressing toward a potential approval.\nThe SEC, which delayed its decision in September, must decide on ARK\'s application by Jan. 11, the earliest deadline for a spot bitcoin ETF.\nWhile the SEC has approved cryptocurrency ETFs that track digital asset futures, the largest being theProShares Bitcoin Strategy ETF (BITO),the agency has thus far denied and delayed its decision on applications for ETFs that track physically backed cryptocurrency on the grounds of market manipulation. Despite investors excitement for a spot fund, the SEC has continued to delay its decisions on applications, most recently punting on a filing from Brazilian cryptocurrency firm Hashdex.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'ARK\'s Grayscale Share Sale Signals Bitcoin ETF Optimism In the latest sign of increasing optimism for a spot bitcoin approval, ARK Invest, the asset-management firm led by famed investor Cathie Wood , shed about $5 million worth of Grayscale Bitcoin Trust (GBTC) shares last week, amid a narrowing of the trust’s discount to 8.06%, its lowest in over two years as of Nov. 24. The investment firm’s ARK Next Generation Internet ETF (ARKW) sold about 163,000 shares in the past week, according to data from Bloomberg. The sales came as the price of bitcoin, which has nearly doubled this year, temporarily surpassed $38,000 for the first time in about a year and a half. Despite ARK offloading the shares, Bloomberg analyst Eric Balchunas clarified in a post on the X social-media platform formerly known as Twitter that he doesn’t think the move indicates a lack of bullishness on the part of ARK. “With ARK you gotta **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $745,047,137,569 - Hash Rate: 496595411.6412311 - Transaction Count: 447662.0 - Unique Addresses: 713884.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock Settles SEC Charges as Crypto Community Awaits Bitcoin ETF Decision The Securities and Exchange Commission (SEC) of the United States has reached an agreement with BlackRock, fining the financial firm $2.5 million for improperly describing its investments in the entertainment business. The allegations come as the SEC prepares to assess BlackRock's application for a spot Bitcoin exchange-traded fund (ETF) . The deal was reached without BlackRock, the world's largest investment manager, acknowledging or rejecting the charges. According to the SEC, BlackRock's Multi-Sector Income Trust (BIT) invested in film firm Aviron Group, LLC between 2015 and 2019, but misrepresented it as a "Diversified Financial Services" company. The anticipation surrounding a potential Bitcoin ETF approval has pushed the price of Bitcoin higher , with the price of Bitcoin (BTC) surpassing $35,000 momentarily. Additional capital inflows into the crypto market are expected if the ETFs are approved. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .... - Reddit Posts (Sample): [['u/Euro347', 'Are we able to verify there is only 19.55M mined BTC in existence currently.', 93, '2023-11-28 02:28', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/', 'so i know the blocks get mined until the last bitcoin is released and thats it, but my question is can we verify there is only 19.55M currently in circulation of whats mined so far?\n\nThe US alone is a massive financial market and just about everyone has hear of bitcoin, alot of people own it but how can we verify there isn\'t more in the system synthetically sold on exchanges? For example people all over the world are constantly buying and selling, retail and institutional investors. I would think given how scarce the asset is and how much interest there is in BTC worldwide the price would be ALOT higher than it is right now. \n\nWhen you buy BTC on a exchange anywhere in the world, how certain are you, you can actually withdraw to cold storage if everyone decided to at the same time? Is there alot of BTC synthetically out there same way there is more silver in "shares" than actual silver or gold. ', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/', '185jxq2', [['u/astockstonk', 172, '2023-11-28 02:31', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb22aj4/', 'It’s on a blockchain.', '185jxq2'], ['u/Euro347', 26, '2023-11-28 02:37', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb234he/', 'is every single fractional Bitcoin sold on every single exchange world wide on the blockchain or do we assume it is?', '185jxq2'], ['u/dirtsmurf', 153, '2023-11-28 02:42', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2408d/', 'Exchanges are a black box, if they are up to no good, they are up to no good. Take your bitcoin off exchanges.\n\n&#x200B;\n\nThere exists only 19.55M on the blockchain and that is verifiable by anyone.', '185jxq2'], ['u/kuzkokronk', 57, '2023-11-28 02:46', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb24hys/', 'This is why people need to take custody of their bitcoin and not leave it on any exchange. It keeps the system honest.', '185jxq2'], ['u/Many-Fish-2002', 29, '2023-11-28 02:47', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb24mo4/', "A block chain is literally a record of every transaction, it wouldn't be worth anything if it wasn't. Exchanges work a little different but when you sign up for a centralised service, you save on fees, and in exchange take on the risk of not being guaranteed that you actually own the bitcoin (but when you transfer it off the exchange its yours again, and the transaction into your personal wallet is recorded on the blockchain).", '185jxq2'], ['u/SmoothGoing', 27, '2023-11-28 02:54', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb25pjo/', 'Valid concern. It is at least 50/50 that "some" exchanges don\'t have all bitcoins they claim they do. It is safe to assume that there are accounting shenanigans happening. Don\'t leave your money on exchanges.', '185jxq2'], ['u/LunaGuardian', 14, '2023-11-28 02:55', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb25vh7/', 'A reputable exchange *should* have full reserves to allow all customers to withdraw. In order to buy from an exchange, a seller should have deposited onto the exchange first. But yes, this is a risk to factor as it is difficult to verify, which is why you should withdraw from exchanges as soon as practical.', '185jxq2'], ['u/bitsteiner', 21, '2023-11-28 03:41', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2cqrg/', "sold != mined\n\nExchanges are trust based. Blockchain is trustless, number of coins mined can be verified by math. Trust can be abused. There can be more claims on BTC than BTC were mined. That happens when exchanges cheat, like FTX did. So don't trust, verify (always withdraw your coins).", '185jxq2'], ['u/Ruslan124', 43, '2023-11-28 03:43', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2d1uh/', "There is a nuance here. If the exchange actually owns BTC yes, it is recorded on the Blockchains. However some exchanges may sell you BTC they don't own. In the begining Robinhood would sell you Bitcoin but never allow you to take ownership. The only thing you could do was sell it on Robinhood. I am pretty sure there were times when they did not own enough BTC to cover every customers balance. To be fair that is my suspicion someone treat it as fact.\n\nOtherwise every Bitcoin mined and every fraction is recorded on the blockchain.", '185jxq2'], ['u/reggie_crypto', 17, '2023-11-28 03:53', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2ef17/', "You either own Bitcoin or you don't", '185jxq2'], ['u/dktunzldk', 12, '2023-11-28 04:11', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2gz8g/', 'Exchange IOUs are not bitcoin. Bitcoin nodes verify bitcoin, not exchange IOUs.', '185jxq2'], ['u/StandUp5tandUp', 10, '2023-11-28 05:00', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2nrpm/', 'We know 100% they are there', '185jxq2'], ['u/WooDaddy11', 162, '2023-11-28 05:44', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb2t83t/', 'Fun fact: If everyone went to the bank to get “their money” out at the same time, the bank wouldn’t have enough money.', '185jxq2'], ['u/meadowpoe', 10, '2023-11-28 07:42', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb34xge/', 'Run a node, its easy and youll see by yourself how many coins have been mined up to this point.\n\nDont trust, verify.', '185jxq2'], ['u/whiteknives', 10, '2023-11-28 08:44', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb39zwc/', '“The system” in this context heavily implies “exchanges.” The blockchain itself does not need anyone to keep it honest.', '185jxq2'], ['u/mikkeltaylor1', 45, '2023-11-28 09:06', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb3bo48/', 'Imagine trying verify all the fiat ever created 🤣', '185jxq2'], ['u/ArachnidCertain9707', 20, '2023-11-28 13:33', 'https://www.reddit.com/r/Bitcoin/comments/185jxq2/are_we_able_to_verify_there_is_only_1955m_mined/kb3x0mn/', '"No bank has ever survived a bankrun."', '185jxq2']]], ['u/SufficientAnalyst383', 'Tether just printed another 1,000,000,000+ magic beans…', 131, '2023-11-28 02:47', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/', 'Nothing to see here. Crypto is not manipulated at all. A SEC approved Bitcoin ETF would never have their underlying assets manipulated.\n\nlol just lol…', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/', '185kcbq', [['u/SufficientAnalyst383', 57, '2023-11-28 02:48', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb24tyy/', 'Their “Trust me bro” audit is solid… 🤣', '185kcbq'], ['u/greyenlightenment', 33, '2023-11-28 03:47', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2dkaf/', 'trustless finance, lol', '185kcbq'], ['u/SufficientAnalyst383', 17, '2023-11-28 04:04', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2fz5p/', 'Be your own Trustee…', '185kcbq'], ['u/biddilybong', 19, '2023-11-28 05:28', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2rebk/', 'Is the government ever going to do anything about this shit?', '185kcbq'], ['u/frozenthroner', 22, '2023-11-28 05:35', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2s659/', 'which government? they can easily operate in bermuda or palau with 1 laptop', '185kcbq'], ['u/SufficientAnalyst383', 16, '2023-11-28 05:50', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2txc7/', 'No one is handing Paolo anything.', '185kcbq'], ['u/VidE27', 12, '2023-11-28 06:01', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2v4e9/', 'This is why you dont trade it, not to short (i dont even know how to short crypto) or to buy. Just stay away from', '185kcbq'], ['u/webfork2', 14, '2023-11-28 06:14', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb2wfg6/', 'I\'ve heard of stablecoin but what about "under-the-table" coin? Amiright? Guys? *Ahem*', '185kcbq'], ['u/CommanderSleer', 25, '2023-11-28 08:39', 'https://www.reddit.com/r/Buttcoin/comments/185kcbq/tether_just_printed_another_1000000000_magic_beans/kb39krj/', "They were down to 65 billion magic beans in December, good to see they're pushing 90 billion now.\n\nSanta, if you're listening, can we join the 12 digit club for Christmas?\n\nLooking forward to more comedy gold from Paolo and the boys in 2024 and beyond!", '185kcbq']]], ['u/Sharp-Subject-047', 'Ethereum Return To $4,800: Analyst Identifies Pattern To Trigger Rally To ATH', 17, '2023-11-28 02:55', 'https://www.reddit.com/r/ethtrader/comments/185kig1/ethereum_return_to_4800_analyst_identifies/', 'The Ethereum price has been trading more than 50% below it... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- If you want to hail one of London’s iconic black cabs, you’ll soon be able to do so by pulling up the Uber app.\nMost Read from Bloomberg\n• How Suspects Laundered Billions in Singapore for Years\n• Bitcoin Hits $40,000 Level for the First Time Since May 2022\n• Treasuries Fall as Gold Pares Gain, Stocks Mixed: Markets Wrap\n• Alaska Air Agrees to Buy Hawaiian in $1.9 Billion Deal\n• Here’s How to Invest in Gold as It Hits an All-Time High\nUber Technologies Inc. launched in London more than a decade ago but has faced stiff resistance from drivers of the bulbous black cabs, also known as hackney carriages, who must pass a grueling test of the city’s streets to obtain a license.\nStarting in early 2024, Uber will offer riders the option of choosing a black cab as part of the company’s expansion in recent years into a one-stop transportation app including bookings for intercity trains, the Eurostar and car rentals.\nLondon was one of the last major holdouts in partnering its local taxi drivers with Uber. The San Francisco-based company has already struck similar deals in Paris, Rome, New York and other cities in 33 countries. Uber joins other ride-hailing companies including Israeli startup Gett and Germany’s Freenow, which already offer on-demand black cabs in London.\nBlack cabs have been on the streets of London since at least the early 20th century, when they replaced for-hire horse-drawn carriages. Drivers are licensed by the city regulatory body Transport for London, which requires them to learn the “Knowledge,” a mental encyclopedia of some 25,000 streets as well as all landmarks within six miles of Charing Cross. Often called one of the most difficult tests in the world, it typically takes three to four years to learn. Uber drivers, meanwhile, rely on GPS to get around.\nLicensed black cabs, which are traditionally slightly more expensive than minicabs, also have privileges including being able to pick up customers from the street rather than only with pre-booking.\nUber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight. Hundreds of drivers demonstrated in London in 2014 as part of Europe-wide protests against Uber. Two years later, 8,000 protesting drivers again blocked traffic in central London.\nThe company has made attempts to recruit hackney carriage drivers in the past. In 2016, Uber gave them the option of using the app without paying a commission for 12 months, an offer that was later dropped.\nAs Uber tussled with drivers, it was also facing a standoff with the city’s regulators. In 2017, Uber was stripped of its license after TfL concluded the company was “not fit and proper” to have one.\nJust two years later, Uber again lost its license, with TfL saying its “pattern of failures placed passenger safety and security at risk.”\nUber subsequently won an 18-month permit to operate in London and last year was granted a 30-month permit, seemingly ending its yearslong spat with the regulator.\nUber’s move to allow black cabs to register on the app has been criticized by the Licensed Taxi Drivers Association, a trade body representing cab drivers in London. Steve McNamara, general secretary of the organization, said no taxi trade groups were consulted before the announcement.\n“We have no interest in sullying the name of London’s iconic, world-renowned black cab trade by aligning it with Uber, its poor safety record and everything else that comes with it,” he said.\nBut some London cabbies are eager to get on the app, according to Uber.\nHameed Hameedi was the first London cab driver to sign up with Uber. He completed the Knowledge in 2015 and has previously worked as a private hire driver. “A lot has changed since Uber first came to London,” Hameedi said in a statement provided by Uber. “Nowadays more passengers than ever are using apps so Uber opening up to black cabs will be a huge advantage to the trade.”\nUber is opening the app to the more than 15,000 London taxi drivers licensed by the TfL, adding to the more than 100,000 drivers it has in the UK. The company counts around 6.5 million active drivers and couriers globally, according to its latest earnings report.\nDrivers that sign up with Uber will be sent a regular taxi trip with the destination and fare range set up front. New drivers won’t have to pay a commission for the first six months.\nIn Europe and in the Middle East, 10% of Uber trips are completed by taxi drivers, the company said.\nMost Read from Bloomberg Businessweek\n• B-School Admissions Deans Are Feeling The Pressure From Falling Applications\n• Anduril Builds a Tiny, Reusable Fighter Jet That Blows Up Drones\n• No Laws Protect People From Deepfake Porn. These Victims Fought Back\n• Microsoft Is Happy Being the Co-Pilot on the OpenAI Rocket Ship\n• Soaring Canadian Housing Costs Power a Population Boom in Alberta\n©2023 Bloomberg L.P.', '(Bloomberg) -- If you want to hail one of London’s iconic black cabs, you’ll soon be able to do so by pulling up the Uber app. Most Read from Bloomberg How Suspects Laundered Billions in Singapore for Years Bitcoin Hits $40,000 Level for the First Time Since May 2022 Treasuries Fall as Gold Pares Gain, Stocks Mixed: Markets Wrap Alaska Air Agrees to Buy Hawaiian in $1.9 Billion Deal Here’s How to Invest in Gold as It Hits an All-Time High Uber Technologies Inc. launched in London more than a decade ago but has faced stiff resistance from drivers of the bulbous black cabs, also known as hackney carriages, who must pass a grueling test of the city’s streets to obtain a license. Starting in early 2024, Uber will offer riders the option of choosing a black cab as part of the company’s expansion in recent years into a one-stop transportation app including bookings for intercity trains, the Eurostar and car rentals. London was one of the last major holdouts in partnering its local taxi drivers with Uber. The San Francisco-based company has already struck similar deals in Paris, Rome, New York and other cities in 33 countries. Uber joins other ride-hailing companies including Israeli startup Gett and Germany’s Freenow, which already offer on-demand black cabs in London. Black cabs have been on the streets of London since at least the early 20th century, when they replaced for-hire horse-drawn carriages. Drivers are licensed by the city regulatory body Transport for London, which requires them to learn the “Knowledge,” a mental encyclopedia of some 25,000 streets as well as all landmarks within six miles of Charing Cross. Often called one of the most difficult tests in the world, it typically takes three to four years to learn. Uber drivers, meanwhile, rely on GPS to get around. Licensed black cabs, which are traditionally slightly more expensive than minicabs, also have privileges including being able to pick up customers from the street rather than only with pre-booking. Story continues Uber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight. Hundreds of drivers demonstrated in London in 2014 as part of Europe-wide protests against Uber. Two years later, 8,000 protesting drivers again blocked traffic in central London. The company has made attempts to recruit hackney carriage drivers in the past. In 2016, Uber gave them the option of using the app without paying a commission for 12 months, an offer that was later dropped. As Uber tussled with drivers, it was also facing a standoff with the city’s regulators. In 2017, Uber was stripped of its license after TfL concluded the company was “not fit and proper” to have one. Just two years later, Uber again lost its license, with TfL saying its “pattern of failures placed passenger safety and security at risk.” Uber subsequently won an 18-month permit to operate in London and last year was granted a 30-month permit, seemingly ending its yearslong spat with the regulator. Uber’s move to allow black cabs to register on the app has been criticized by the Licensed Taxi Drivers Association, a trade body representing cab drivers in London. Steve McNamara, general secretary of the organization, said no taxi trade groups were consulted before the announcement. “We have no interest in sullying the name of London’s iconic, world-renowned black cab trade by aligning it with Uber, its poor safety record and everything else that comes with it,” he said. But some London cabbies are eager to get on the app, according to Uber. Hameed Hameedi was the first London cab driver to sign up with Uber. He completed the Knowledge in 2015 and has previously worked as a private hire driver. “A lot has changed since Uber first came to London,” Hameedi said in a statement provided by Uber. “Nowadays more passengers than ever are using apps so Uber opening up to black cabs will be a huge advantage to the trade.” Uber is opening the app to the more than 15,000 London taxi drivers licensed by the TfL, adding to the more than 100,000 drivers it has in the UK. The company counts around 6.5 million active drivers and couriers globally, according to its latest earnings report. Drivers that sign up with Uber will be sent a regular taxi trip with the destination and fare range set up front. New drivers won’t have to pay a commission for the first six months. In Europe and in the Middle East, 10% of Uber trips are completed by taxi drivers, the company said. Most Read from Bloomberg Businessweek B-School Admissions Deans Are Feeling The Pressure From Falling Applications Anduril Builds a Tiny, Reusable Fighter Jet That Blows Up Drones No Laws Protect People From Deepfake Porn. These Victims Fought Back Microsoft Is Happy Being the Co-Pilot on the OpenAI Rocket Shi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $739,541,749,850 - Hash Rate: 459435210.7701186 - Transaction Count: 360588.0 - Unique Addresses: 646160.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Zacks Rank #2 (Buy) stock Coinbase Global ( COIN ) is the largest and most popular cryptocurrency exchange in the US. The platform allows users to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, and Ripple. Spotty But Improving Earnings Surprise History Coinbase went public in 2021 and has ten quarters of earnings history. Though COIN’s earnings history is brief, thus far, it paints a mixed but improving picture. COIN has missed Zacks Consensus Estimates in seven of eleven quarters. However, the past three quarters have been solid with double-digit EPS surprises in each quarter. Zacks Investment Research Image Source: Zacks Investment Research SEC Lawsuit The biggest cloud surrounding Coinbase is its ongoing battle with the US Securities and Exchange Commission. In June, the SEC charged Coinbase with operating a crypto asset trading platform as an unregistered securities exchange. Despite the obvious uncertainty the lawsuit creates for investors, Coinbase shares are much higher than when the SEC lawsuit was filed on June 6 th . A plethora of recent crypto industry legal victories is likely spurring investor confidence. The main takeaway for investors is how resilient the price action has been in the face of the lawsuit. Zacks Investment Research Image Source: TradingView Forward Guidance Coinbase is very likely to report a loss for the quarter. However, Wall Street is forward-looking. Watch to see if Coinbase’s positive earnings trajectory is expected to continue. Bitcoin Halving The next Bitcoin Halving will occur in the first half of 2024. When a halving occurs, the reward for mining new blocks is halved, making it more challenging for miners to earn net Bitcoins. Historically, this event has led to increased scarcity and has driven up the value of Bitcoin due to reduced supply. Because Coinbase’s business is deeply intertwined with the world’s most popular cryptocurrency, the halving is a potential bullish catalyst for COIN shares. Zacks Investment Research Image Source: CoinTelegraph Institutional Adoption Commentary: Slowly, then all at Once For most of its history, small retail investors have comprised most of the investment in the crypto industry. However, Bitcoin has stood the test of time and is garnering attention from the world’s largest asset managers, such as BlackRock ( BLK ). If Bitcoin ETFs are to be approved (I expect them to be), Coinbase will benefit dramatically because it is the listed exchange for most of the Bitcoin ETF filings. Furthermore, COIN CEO Brian Armstrong divulged in an interview that deep-pocketed sovereign wealth funds have already begun to allocate assets to crypto. While adoption is already in motion, the floodgates will swing open if the crypto industry gets long-awaited regulatory clarity from regulators. Story continues Coinbase is a Cash Cow Value investing legend Seth Klarman shocked Wall Street when he invested in Coinbase. Though Klarman is far from a crypto proponent, he explained that he bought shares because “Coinbase is sitting on $5 billion in cash, has less than that in debt, and is doing some smart things.” Though Coinbase is losing money, its growing cash hoard should attract new investment dollars from investors who would otherwise avoid the crypto industry. Zacks Investment Research Image Source: Zacks Investment Research Bitcoin is Being Used as an Inflation-Fighting Tool Bitcoin is being used in the real world to stave off inflation. The evidence? Bitcoin hit new highs in three inflation-plagued countries, including Nigeria, Turkey, and, of course, Argentina. The evidence is clear: world citizens are gravitating toward Bitcoin because of its inflation-resistant protocol (there will only ever be 21 million coins, while countries around the world print money endlessly). Year-to-date, Bitcoin is up a robust 351% versus the Argentine Peso. Zacks Investment Research Image Source: TradingView 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 BlackRock, Inc. (BLK) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : 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:** ['DUBLIN,Nov. 29, 2023/PRNewswire/ --\xa0The"United States Metaverse Market Competition Forecast & Opportunities, 2028"report has been added toResearchAndMarkets.com\'soffering.\nUnited Statesmetaverse market is projected to reach a value of$110.44 billionby 2028 from$16.69 billionin 2022, growing at a CAGR of 37%\nThe United Statesmetaverse market is driven by the rising investment in advanced technologies by the key prominent players across the country and the increasing efficiency of information technology (IT) costs expenditure by using the cloud computing service resources.\nThe growth of the market is on account of the increasing adoption of advanced virtual reality, 3D simulation, augmented reality, 5G infrastructure, use of real-time analytics enabled by Artificial Intelligence (AI) and Machine Learning (ML) across the country in the forecast years. Technology has become the key enabler of excellence and businesses are gradually becoming mobile as digitalization emerges, which is expected to boost the United states metaverse market in the forecast period.The Metaverse is a portmanteau of the words meta and universe, and is used to identify as the next hypothetical iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in a way they could not in a physical world. The metaverse is a corvergence of technologies that allows groups of users to experience a simulated world together.\nAlthough it is at a nascent stage, the technology is quickly shaping into an essential elements of the business. Metaverse enables faster, better collaboration and co-creation, creating the opportunities for deeper insights, more effective, efficient testing and training, improved customer experiences and new business opportunities.\nAs a result, organizations are already capitalizing on metaverse\'s capabilities to enable real-time insights from connected devices and systems, users engagements, innovative advertising, easy transactions, virtual event opportunities everywhere. Metaverse supports persistent,decentralized, collaborative and interoperable opportunities and business models that will enable organizations to extend digital business.\nExtended reality, Internet of Things, Artificial Intelligence, Blockchain and 3D Reconstruction are some of the key technologies that empowers the potential in the metaverse market.An Increasing Focus on Integrating Digital and Physical Worlds Using the InternetAn increasing focus by several industries on integrating digital and physical worlds using the internet is proliferating the growth of metaverse; a universe beyond real life.\nAs several industries that are involved in the customer support are experiencing the requirement of metaverse for enhancing the consumer experience by assisting the customers through sophisticated technologies such as digital twins and 3D reconstructions. Moreover, the development of revolutionary 5G infrastructure has also made it possible for businesses to use such applications for virtual reality, blockchain, remote monitoring, skill development and analyzing data in real time.For instance, "OnJune 2022, metaverse global congress" was held inCalifornia,United Statesfor connecting brands to the metaverse future with an aim to learn new opportunities for virtual meeting spaces, AR & VR learning, digital goods and virtual storefronts. Thus, the prominent benefits of enhance application performance and business efficiency with a cost and time effectiveness methodologies are allowing many enterprises to integrate them into their business in order to meet the growing consumer demand and achiving better response has anticipated the growth of metaverse in the market.Demand for Metaverse to Purchase Digital Assets UsingCryptocurrenciesThe biggest driver responsible for the growth of the United states metaverse market is the acceleratingcryptocurrenciesto purchase digital assets in the country. Moreover, crytocurrencies are fundamentally designed to support this kind of blockchain-based metaverse networks.CryptocurrencieslikeBitcoinandEthereum, as well as nonfungible tokens (NFTs) support metaverse platforms that allow blockchain technology to be utilized and users can create, own, and trade autonomous digital assets with the use ofcryptocurrenciesenabling with metaverse technologies..Rising Demands in the Media and Entertainment IndustryThe augmented reality (AR), and virtual reality (VR) adoption are skyrocketing in the media and entertainment industry, which is growing at an exponential rate.\nThe development of realistic virtual environments to enhance the overall gaming experience for its players is one of the main drivers of the rising use of these technologies. Devices like MR headsets, VR headsets, Heads Up Display (HUD), Helmet Mounted Display (HMD), smart helmet, smart glasses are able to provide the first person view, offer 6-degree freedom, portray natural user interface (UI) increases their adoption rate.As a result of the emergence of these devices as well as the solutions offered, user interface designs have increased in variety. The rapidly growing demand for mixed reality devices lured considerable investments by the prominent players in the market. These factors are accelerating the revenue growth trajectory of the united states metaverse market.\nCompetitive LandscapeCompany Profiles: Detailed analysis of the major companies present in the united states metaverse market.\n• TencentHoldings Ltd.\n• Nvidia Corporation\n• Meta Platforms, Inc.\n• Roblox Corporation\n• Microsoft Corporation\n• ByteDance Ltd.\n• Epic Games Inc.\n• Unity Technologies Inc.\n• Netease, Inc.\n• Nextech AR Solutions Inc.\nMarket Dynamics\nDrivers\n• Increasing focus on integrating digital and physical worlds using the Internet\n• Rising demands in the media and entertainment industry\n• Growing demand for metaverse to purchase digital assets usingcryptocurrencies\nMarket Trends & Developments\n• Introduction of AI Technologies in devices\n• Blockchain-enabled decentralization\n• Innovation in communication infrastructure and other technology\n• Levels of metaverse usage by Gen Z users and Gen Alpha\n• Covid-19 pandemic contributed to the advent of the metaverse\nChallenges\n• The threat of cyber-based attacks targeting the metaverse is a primary concern\n• Heavy cost of installation and maintenance of meta components\nReport ScopeUnited States Metaverse Market, by Component\n• Hardware\n• Software\nUnited States Metaverse Market, by Platform\n• Desktop\n• Mobile\nUnited States Metaverse Market, by Technology\n• Blockchain\n• Virtual Reality (VR) & Augmented Reality (AR)\n• Mixed Reality (MR)\nUnited States Metaverse Market, by Application\n• Gaming\n• Online Shopping\n• Content Creation\n• Social Media\n• Others\nUnited States Metaverse Market, by End User\n• BFSI\n• Retail\n• Manufacturing\n• Media & Entertainment\n• Education\n• Aerospace & Defense\n• Others\nUnited States Metaverse Market, by Region:\n• North-East\n• South\n• West\n• Middle-West\nFor more information about this report visithttps://www.researchandmarkets.com/r/ahfe5s\nAbout ResearchAndMarkets.comResearchAndMarkets.com is the world\'s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.\nMedia Contact:Research and MarketsLaura Wood, Senior [email protected] E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716\nLogo:https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg\nView original content:https://www.prnewswire.com/news-releases/united-states-metaverse-market-research-report-2023-generations-z-and-alpha-drive-metaverse-usage-to-new-heights---competition-forecasts-and-opportunities-to-2028-302000550.html\nSOURCE Research and Markets', 'DUBLIN , Nov. 29, 2023 /PRNewswire/ --\xa0The "United States Metaverse Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com\'s offering. Research_and_Markets_Logo United States metaverse market is projected to reach a value of $110.44 billion by 2028 from $16.69 billion in 2022, growing at a CAGR of 37% The United States metaverse market is driven by the rising investment in advanced technologies by the key prominent players across the country and the increasing efficiency of information technology (IT) costs expenditure by using the cloud computing service resources. The growth of the market is on account of the increasing adoption of advanced virtual reality, 3D simulation, augmented reality, 5G infrastructure, use of real-time analytics enabled by Artificial Intelligence (AI) and Machine Learning (ML) across the country in the forecast years. Technology has become the key enabler of excellence and businesses are gradually becoming mobile as digitalization emerges, which is expected to boost the United states metaverse market in the forecast period. The Metaverse is a portmanteau of the words meta and universe, and is used to identify as the next hypothetical iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in a way they could not in a physical world. The metaverse is a corvergence of technologies that allows groups of users to experience a simulated world together. Although it is at a nascent stage, the technology is quickly shaping into an essential elements of the business. Metaverse enables faster, better collaboration and co-creation, creating the opportunities for deeper insights, more effective, efficient testing and training, improved customer experiences and new business opportunities. As a result, organizations are already capitalizing on metaverse\'s capabilities to en **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-11-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $735,854,739,112 - Hash Rate: 452678810.6117344 - Transaction Count: 411882.0 - Unique Addresses: 701654.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Average Bitcoin transaction fees rose to US$5.93 on Monday, the highest in over five months, amid the latest surge in interest in Ordinals inscriptions. See related article: SBF conviction closes “dark chapter” in crypto: Yat Siu Fast Facts Ordinals, an iteration of non-fungible tokens (NFTs) on the Bitcoin blockchain, recorded US$18.33 million in sales over the past seven days, a 191% weekly surge, according to data from CryptoSlam . The rate of Ordinals inscriptions, which has slowed down throughout October, also started to pick up its pace. Ordinals surpassed 38 million total inscriptions on Sunday, according to Dune Analytics data . The last time transaction fees on the Bitcoin network were this high was in June, according to BitInfoCharts . June was the last month Bitcoin Ordinals recorded over US$100 million in secondary sales, CrypoSlam data shows. In October, Bitcoin Ordinals generated more than US$16 million in secondary sales. November’s running total has already surpassed last month’s record, currently standing at US$18.5 million. Weekly Ordinals buyers rose 18.4% to 13,176 buyers, while weekly transactions increased by 80.9% to 35,786, according to CryptoSlam. See related article: Bitcoin collectibles: a diamond in the rough... - Reddit Posts (Sample): [['u/sandee_eggo', 'What’s the big deal about ETFs?', 10, '2023-11-30 00:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/18739rt/whats_the_big_deal_about_etfs/', 'We already have multiple Bitcoin ETFs. The Purpose Bitcoin ETF from Canada, etc. Can’t brokers and investment managers just buy that? I fail to see why a U.S. ETF is not just hype.', 'https://www.reddit.com/r/BitcoinBeginners/comments/18739rt/whats_the_big_deal_about_etfs/', '18739rt', [['u/bitusher', 11, '2023-11-30 00:34', 'https://www.reddit.com/r/BitcoinBeginners/comments/18739rt/whats_the_big_deal_about_etfs/kbbz597/', "I personally would not invest in a BTC ETF as I am an individual and prefer the benefits of self custody but many institutions(pensions, trusts , corporations, hedge funds, family home offices) for legal and liability reasons won't invest in Bitcoin without an ETF. \n\nOne of the reasons the ETF has been delayed this long is the need to provably insure that their is no fractional reserve of Bitcoin being held in custody and it is securely audited to insure that an FTX does not re-occur. \n\nAdditionally if retail investors can easily allocate 5-30 % of their 401k or IRA into an ETF many will do this as employers often pay into these investments \n\nThere is literally trillions of dollars sitting on the sideline for this ETF to be approved", '18739rt']]], ['u/Loud_Zebra_7661', '$50 Weekly Investment', 144, '2023-11-30 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/', "Hello all,\n\nI decided to stop throwing money in a video poker machine once a week which is usually around $40-$60 and instead started buying $25 of XRP and $25 of Bitcoin every Monday. I'm doing this to stop myself from putting money in a video poker machine because I know in the long run I'll end up losing gambling. I could very well end up losing in this $50 a week strategy as well but this way I get to scratch the itch of gambling and it could work out well in the long run unlike the inevability of losing it gambling on a dumb poker machine or sports.\n\nI make enough to save $500 every week when I get a paycheck and was wondering if this strategy is dumb or if someone else is doing something similar.\n\nWould you stick with Bitcoin and XRP?", 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/', '18745vo', [['u/bj2183', 90, '2023-11-30 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbc4zfp/', 'I always consider BTC a savings account and altcoins a casino', '18745vo'], ['u/mr_ordinaryboy', 21, '2023-11-30 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbc8hon/', 'Maybe BTC and ETH instead as a combination?\n\nThey are the blue chips of crypto', '18745vo'], ['u/tianavitoli', 14, '2023-11-30 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbc8kqf/', 'cool, so you can put $50 into crypto and gamble with the other $450', '18745vo'], ['u/Strict_Suggestion', 58, '2023-11-30 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbc9gby/', 'RIP this guys inbox', '18745vo'], ['u/Pengu105', 125, '2023-11-30 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbccnk1/', "Every Friday for the last year I've been putting $50 into Ethereum and after 2 more weeks I'll finally have 1 full coin!\n\nI think DCA'ing into crypto is one of the best ways to invest in it", '18745vo'], ['u/MoonStationSettler', 35, '2023-11-30 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbcietv/', 'Going from one casino to another casino lol 🚀LFG', '18745vo'], ['u/the_far_yard', 16, '2023-11-30 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbcq33o/', "I have this rule of 6.5:3.5 in crypto.\n\n65% goes to BTC and ETH, and the rest goes into alts I don't mind biting the dust.", '18745vo'], ['u/BTCMachineElf', 17, '2023-11-30 05:06', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbd0wiz/', "Why on earth would you buy XRP? Ripple sits on a huge reserve of it and funds their corporation off people like you. The price hasn't moved significantly in all the time I've been in this space. It was actually higher in 2017 than it is now. It's the dumbest f'n investment.", '18745vo'], ['u/No_Guest_3000', 10, '2023-11-30 06:44', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbdbpkd/', 'Btc and sol', '18745vo'], ['u/Adventurous_Plane_62', 29, '2023-11-30 06:53', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbdcj3v/', 'I told my self I could never get a whole Bit... Well you will shock yourself with consistency.', '18745vo'], ['u/dope_ass_user_name', 19, '2023-11-30 09:07', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbdnytw/', 'Congrats on the full ETH!', '18745vo'], ['u/mymongoose', 20, '2023-11-30 09:55', 'https://www.reddit.com/r/CryptoCurrency/comments/18745vo/50_weekly_investment/kbdric8/', 'As far as bitcoin goes you are not gambling - I know at lot of cave dwelling guys on here (that think buying a coffee is a luxury) will tell you that crypto is risky etc - but look, once the world’s largest asset manager BlackRock files for a BTC ETF, you are no longer gambling but rather investing, and with an asset that’s likely to outperform stocks and real estate for the foreseeable future.\n\nThat being said, for those small amounts I’d consider going for something with a lower market cap and higher upside potential. I’m not a fan of XRP personally but I guess it’s survived all these years, however it is a $32bn market cap so it’s not exactly going to give you 50-100x returns like some coins can\n\nDon’t just take my advice, but look into solid projects that have IRL utility and are sitting around the $200-500m market cap levels - ideally on big exchanges like Binance or Coinbase - here’s a few examples but like I said do your own research and don’t listen to coin recommendations from random internet strangers :\n\n$OCEAN - https://www.coingecko.com/en/coins/ocean-protocol\n\n$ROSE - https://www.coingecko.com/en/coins/oasis-network\n\n$MINA - https://www.coingecko.com/en/coins/mina-protocol\n\n$TRAC - https://www.coingecko.com/en/coins/origintrail\n\nThese are just examples that I personally like and have done research on, and aren’t into the crazy high valuations yet… I’m sure you can filter coingecko by $100m - $500m market cap and find other things too \n\nUltimately BTC is the lowest risk by far, but with that comes the lowest potential upside - so maybe stick with $50 BTC plus $50 into a smaller cap project? \n\nJust my 2c and as always this is NFA\n\nGood luck mate 👍', '18745vo']]], ['u/Revolutionary_Ad6252', 'What are the main differences of Monero and Bitcoin?', 21, '2023-11-30 01:56', 'https://www.reddit.com/r/Monero/comments/1875cu9/what_are_the_main_differences_of_monero_and/', 'I am a relativ beginner in cryptocurrency regarding the technical aspects. I read a bit about the Bitcoin technology but not too much about Monero.\n\nWhat would you say are the most important aspects that differentiate Monero from Bitcoin?\n\n-Is there a limited amount of XMR that can be mined?\n-Are there halfings happening reducing the amount of XMR generated with mining?\n-Can the underlying rules of Monero only be changed by a consensus (51% of the nodes, like with Bitcoin)?\n\nI would really appreciate anyone taking their time to answer! :)', 'https://www.reddit.com/r/Monero/comments/1875cu9/what_are_the_main_differences_of_monero_and/', '1875cu9', [['u/redditSwingking', 13, '2023-11-30 19:02', 'https://www.reddit.com/r/Monero/comments/1875cu9/what_are_the_main_differences_of_monero_and/kbflhbr/', 'Short, Monero is what Bitcoin intented to be. Digital cash as fiat money. Total anonymous.', '1875cu9'], ['u/So_F_What', 31, '2023-11-30 19:55', 'https://www.reddit.com/r/Monero/comments/1875cu9/what_are_the_main_differences_of_monero_and/kbfue7a/', '> Is there a limited amount of XMR that can be mined?\nIt is limited by time, there is so called tail-emission which guarantees the security of the network in the long run due to always having block reward at 0.6 XMR - So you know how much XMR there will be at any given time in future.\n\nInflation is going to zero but never reaches zero and with each mined block the inflation drops due to simple fact that the more XMR there is, the less impact new coins have.\n\n> Are there halfings happening reducing the amount of XMR generated with mining?\n\nThe block reward on Monero was adjusted with each block instead of drastically halving the emission until it reached the already mentioned tail-emission which sits at 0.6 XMR and will not drop any further.\n\n> Can the underlying rules of Monero only be changed by a consensus (51% of the nodes, like with Bitcoin)?\n\nThe consensus here reached by a community and developers coming together and agreeing that it suits our goal of making perfect money, we are all very unanimous on the privacy, decentralization and true cypherpunk philosophy here.\n\nThe most important for me is the fact that Monero is actually a better payment than FIAT and Bitcoin due to lower fees and privacy.', '1875cu9']]], ['u/Tonijran', 'What does “Chipperdoodlecomics” think about the creation of bitcoins?', 24, '2023-11-30 02:53', 'https://www.reddit.com/r/ConeHeads/comments/1876k9z/what_does_chipperdoodlecomics_think_about_the/', 'And now a growing community on Reddit, based on his cone head Reddit avatar.\n\nIs Chipper part of this subreddit?', 'https://www.reddit.com/r/ConeHeads/comments/1876k9z/what_does_chipperdoodlecomics_think_about_the/', '1876k9z', [['u/yahuurdme', 12, '2023-11-30 03:02', 'https://www.reddit.com/r/ConeHeads/comments/1876k9z/what_does_chipperdoodlecomics_think_about_the/kbck3f1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top cryptocurrencies, like Bitcoin (BTC-USD) and Ethereum (ETH-USD), are surging in 2023, driving crypto ETFs to massive year-to-date gains. In fact, many of 2023’s best-performing ETFs are crypto-focused ETFs.\xa0The iShares Blockchain and Technology ETF (NYSEARCA:IBLC) is one of the year’s major winners, but it’s often overlooked by investors. While it has racked up a scorching 113.4% year-to-date gain in 2023, it has just $9.2 million in assets under management (AUM).\nIBLC is worthy of more investor attention. While cryptocurrency and the ETFs that invest in crypto-related stocks can be volatile, I’m bullish on IBLC based on its strong performance, diversified exposure to different types of crypto-related stocks, and the relatively reasonable expense ratio that it sports compared to its peers. Plus, as an added bonus, IBLC pays a dividend (albeit a small one), which is a rarity in this space.\nAccording to iShares, the “iShares Blockchain and Tech ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.”\niShares says that IBLC seeks to give investors “targeted yet diversified” exposure to the space, which it achieves through its holdings, as we’ll discuss in the next section.\nIBLC holds 36 different stocks, and its top 10 holdings make up 72.6% of assets.\xa0Below, you can viewIBLC’s top 10 holdingsusing TipRanks’ holdings tool.\nIBLC isn’t really diversified in the traditional sense of the word, as it doesn’t own a huge number of stocks, and its top holdings make up a large percentage of its assets.\nBut as a targeted bet on the growth of the cryptocurrency industry, it offers diversification by offering exposure to many different types of companies involved in the space.\nWhile some crypto-themed ETFs focus mainly on Bitcoin miners and Coinbase Global (NASDAQ:COIN), IBLC casts a wider net.\nCoinbase is still the top holding here, with a 17.7% weighting. The fund also owns quite a few Bitcoin miners like Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT), but it also owns leading semiconductor companies, like Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), which make the graphic processing units (GPUs) that these miners use to mine Bitcoin and other proof-of-work cryptocurrencies (along with many other uses).\nIBLC also owns major fintech companies that are delving further into cryptocurrency, like Block (NYSE:SQ) and Paypal (NASDAQ:PYPL).\nPaypal allows users to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, Litecoin (LTC-USD), and Bitcoin Cash (BCH-USD) on its platform. It even recently launched its own dollar-denominated stablecoin called PayPal USD (PYUSD).\nSimilarly, Block’s popular CashApp allows users to buy, sell, send, and receive Bitcoin and even has a feature that allows users to automatically convert a percentage of their paychecks to Bitcoin.\nThere’s even room for an old school tech giant like IBM (NYSE:IBM) in this fund. While IBM likely isn’t the first stock that comes to mind when one thinks of crypto, the company offers blockchain technology solutions and services to its enterprise customers.\nOne thing that I like about IBLC is that its expense ratio is very reasonable compared to those of its peers. In a vacuum, IBLC’s 0.47% expense ratio isn’t exactly cheap, especially compared to broad-market index funds.\nBut compared to its peers (other crypto ETFs), it is actually the best deal around. For example, the more popular Bitwise Crypto Industry Innovators ETF (NYSEARCA:BITQ) charges a much higher 0.85%. Theinteresting but costlyAmplify Transformative Data Sharing ETF (NYSEARCA:BLOK) charges 0.75%, the Grayscale Future of Finance ETF (NYSEARCA:GFOF) charges 0.70%, and the First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) charges 0.65%.\nThe VanEck Digital Transformation ETF (NASDAQ:DAPP) charges a comparable but still slightly higher fee of 0.50%.\nLet’s compare IBLC to BITQ to see what these fees mean in practice. IBLC’s 0.47% expense ratio means that an investor putting $10,000 into the fund will pay $47 in fees in year one. An investor putting $10,000 into BITQ will pay $85.\nThe disparity between these expense ratios becomes even more pronounced over time.\xa0Assuming that each fund returns 5% per year going forward and maintains its current expense ratio, the IBLC investor would pay $591 in fees over the course of 10 years, while the BITQ investor would pay an eye-popping $1,049 in fees.\xa0As you can see, investing in an ETF with a lower expense ratio, like IBLC, versus one with a higher expense ratio can make a meaningful difference to your portfolio over time.\nBelow, you cancheck out a comparison of IBLC and some of these peersusing TipRanks’ ETF Comparison Tool, which allows investors to compare up to 20 ETFs at a time based on a variety of criteria that they can select.\nIn the grand scheme of things, this isn’t a “cheap” ETF. But for investors looking to gain exposure to crypto-themed stocks in ETF form, it is a comparatively cost-effective option.\nTurning to Wall Street, IBLC earns a Moderate Buy consensus rating based on 20 Buys, 17 Holds, and zero Sell ratings assigned in the past three months. Theaverage IBLC stock price targetof $27.57 implies 36.1% upside potential.\nIBLC further burnishes its appeal to investors by being one of the rare crypto ETFs that pays a dividend.IBLC yields 1.3%, so it’s not a huge payout, but it is still a nice added bonus for investors.\nIBLC and its peers have posted strong performances in 2023, thanks to a resurgent crypto market which has featuredstrong rallies by Bitcoin, Ethereum, and other top cryptocurrencies.\nWith just ~$9 million in AUM, IBLC seems to be the most overlooked of these ETFs. However, I’m bullish on IBLC based on the wide-reaching crypto exposure offers, its strong year-to-date performance, its relatively cost-effective expense ratio, and the fact that it pays a dividend.\nDisclosure', 'Top cryptocurrencies, like Bitcoin ( BTC-USD ) and Ethereum ( ETH-USD ), are surging in 2023, driving crypto ETFs to massive year-to-date gains. In fact, many of 2023’s best-performing ETFs are crypto-focused ETFs.\xa0The iShares Blockchain and Technology ETF ( NYSEARCA:IBLC ) is one of the year’s major winners, but it’s often overlooked by investors. While it has racked up a scorching 113.4% year-to-date gain in 2023, it has just $9.2 million in assets under management (AUM). IBLC is worthy of more investor attention. While cryptocurrency and the ETFs that invest in crypto-related stocks can be volatile, I’m bullish on IBLC based on its strong performance, diversified exposure to different types of crypto-related stocks, and the relatively reasonable expense ratio that it sports compared to its peers. Plus, as an added bonus, IBLC pays a dividend (albeit a small one), which is a rarity in this space. What is the IBLC ETF’s Strategy? According to iShares, the “iShares Blockchain and Tech ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” iShares says that IBLC seeks to give investors “targeted yet diversified” exposure to the space, which it achieves through its holdings, as we’ll discuss in the next section. IBLC’s Holdings IBLC holds 36 different stocks, and its top 10 holdings make up 72.6% of assets.\xa0Below, you can view IBLC’s top 10 holdings using TipRanks’ holdings tool. IBLC isn’t really diversified in the traditional sense of the word, as it doesn’t own a huge number of stocks, and its top holdings make up a large percentage of its assets. But as a targeted bet on the growth of the cryptocurrency industry, it offers diversification by offering exposure to many different types of companies involved in the space. While some crypto-themed ETFs focus mainly on Bitcoin miners and Coinbase Global ( NASDAQ:COIN ), IBLC casts a wider net. Story continues Coinbase is still the top holding here, with a 17.7% weighting. The fund also owns quite a few Bitcoin miners like Marathon Digital ( NASDAQ:MARA ) and Riot Platforms ( NASDAQ:RIOT ), but it also owns leading semiconductor companies, like Nvidia ( NASDAQ:NVDA ) and Advanced Micro Devices ( NASDAQ:AMD ), which make the graphic processing units (GPUs) that these miners use to mine Bitcoin and other proof-of-work cryptocurrencies (along with many other uses). IBLC also owns major fintech companies that are delving further into cryptocurrency, like Block ( NYSE:SQ ) and Paypal ( NASDAQ:PYPL ). Paypal allows users to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, Litecoin ( LTC-USD ), and Bitcoin Cash ( BCH-USD ) on its platform. It even recently launched its own dollar-denominated stablecoin called PayPal USD (PYUSD). Similarly, Block’s popular CashApp allows users to buy, sell, send, and receive Bitcoin and even has a feature that allows users to automatically convert a percentage of their paychecks to Bitcoin. There’s even room for an old school tech giant like IBM ( NYSE:IBM ) in this fund. While IBM likely isn’t the first stock that comes to mind when one thinks of crypto, the company offers blockchain technology solutions and services to its enterprise customers. A Comparatively Reasonable Expense Ratio One thing that I like about IBLC is that its expense ratio is very reasonable compared to those of its peers. In a vacuum, IBLC’s 0.47% expense ratio isn’t exactly cheap, especially compared to broad-market index funds. But compared to its peers (other crypto ETFs), it is actually the best deal around. For example, the more popular Bitwise Crypto Industry Innovators ETF ( NYSEARCA:BITQ ) charges a much higher 0.85%. The interesting but costly Amplify Transformative Data Sharing ETF ( NYSEARCA:BLOK ) charges 0.75%, the Gr **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $748,537,353,844 - Hash Rate: 570915813.3834561 - Transaction Count: 496468.0 - Unique Addresses: 844580.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Jonathan Stempel NEW YORK, Nov 28 (Reuters) - Charles Munger, who died on Tuesday, went from working for Warren Buffett's grandfather for 20 cents an hour during the Great Depression to spending more than four decades as Buffett's second-in-command and foil atop Berkshire Hathaway Inc. Munger's family had advised that he died peacefully on Tuesday morning at a California hospital, said Berkshire. The union of Munger with Buffett is among the most successful in the history of business; they transformed Omaha, Nebraska-based Berkshire into a multi-billion dollar conglomerate with dozens of business units. Yet the partnership that formally began when they teamed up in 1975 at Berkshire, where Buffett was chairman and Munger became vice chairman in 1978, thrived despite pronounced differences in style, and even investing. Known almost universally as Charlie, Munger displayed a blunter form of musings, often in laconic one-liners, on investing, the economy, and the foibles of human nature. He likened bankers to uncontrollable "heroin addicts," called the virtual currency Bitcoin "rat poison," and told CNBC that "gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939 but I think civilized people don't buy gold. They invest in productive businesses." Munger was no less pithy in talking about Berkshire, which made both he and Buffett billionaires and many early shareholders rich as well. "I think part of the popularity of Berkshire Hathaway is that we look like people who have found a trick," Munger said in 2010. "It's not brilliance. It's just avoiding stupidity." EXPANDING BUFFETT'S HORIZONS Munger and Buffett did differ politically, with Munger being a Republican and Buffett a Democrat. They also differed in personal interests. For example Munger had a passion for architecture, designing buildings such as a huge proposed residence for the University of California, Santa Barbara known as "Dormzilla," while Buffett claimed not to know the color of his bedroom wallpaper. Yet at Berkshire, the men became inseparable, finishing each other's ideas and according to Buffett never having an argument. Indeed, when Munger and Buffett would field shareholder questions for five hours at Berkshire's annual meetings, Munger routinely deadpanned after Buffett finished an answer: "I have nothing to add." More often, he did, prompting applause, laughter or both. "I'm slightly less optimistic than Warren is," Munger said at the 2023 annual meeting, prompting laughter after Buffett expressed his familiar optimism for America's future. "I think the best road ahead to human happiness is to expect less." Like Buffett, Munger was a fan of the famed economist Benjamin Graham. Yet Buffett has credited Munger with pushing him to focus at Berkshire on buying wonderful companies at fair prices, rather than fair companies at wonderful prices. "Charlie shoved me in the direction of not just buying bargains, as Ben Graham had taught me," Buffett has said. "It was the power of Charlie's mind. He expanded my horizons." ORACLE OF PASADENA Fans dubbed Buffett the "Oracle of Omaha," but Munger was held in equal esteem by his own followers, who branded him the "Oracle of Pasadena" after his adopted hometown in California. Munger reserved many of his public comments for annual meetings of Berkshire; his investment vehicle Wesco Financial Corp, which Berkshire bought out in 2011; and Daily Journal Corp, a publishing company he chaired for 45 years. To fans, Munger was as much the world-weary psychiatrist as a famed investor. Many of his observations were collected in a book, "Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger," with a foreword by Buffett. "I was raised by people who thought it was a moral duty to be as rational as you could possibly make yourself," Munger told Daily Journal shareholders in 2020. "That notion," he added, "has served me enormously well." In 2009, during the worst U.S. recession since the Great Depression, he tried to put his followers at ease. "If you wait until the economy is working properly to buy stocks, it's almost certainly too late," he said at Wesco's annual meeting. After that gathering, Los Angeles Times columnist and Wesco investor Kathy Kristof wrote about Munger: "He gives us hope." TETE-A-TETE Born on Jan. 1, 1924, Munger as a boy once worked part-time at the Omaha grocery run by Buffett's grandfather Ernest. Buffett also worked there though he and Munger, who was 6-1/2 years older, did not work together. Munger later enrolled at the University of Michigan, but dropped out to work as a meteorologist in the U.S. Army Air Corps during World War II. Despite never getting an undergraduate degree, Munger graduated from Harvard Law School in 1948. He then practiced law in Los Angeles, co-founding the law firm now known as Munger, Tolles & Olson, before turning in the mid-1960s to managing investments in stocks and real estate. Munger was a success, easily outperforming the broader market between 1962 and 1975 at his investment partnership Wheeler, Munger & Co. According to Buffett biographer Alice Schroeder, Munger met Buffett in Omaha in 1959, where at a private room at the Omaha Club they "fell into a tete-a-tete" after being introduced. More conversations followed, and they were soon talking by phone for hours on end. "Why are you paying so much attention to him?" Munger's second wife Nancy reportedly asked her husband. "You don't understand," Munger replied. "That is no ordinary human being." KNOWING HIS MILIEU The two shared the "value investing" philosophy espoused by Graham, looking for well-run companies with undervalued share prices. Sometimes Munger and Buffett deemed those companies "cigar butts," meaning they were out of favor but had a few "puffs" of life left, but they often proved worth holding onto for decades. Both generally shunned technology companies and other businesses they claimed not to understand, and they avoided getting burned after the late 1990s dot-com bubble went bust. Instead, they oversaw purchases such as the BNSF railroad in 2010, and ketchup maker H.J. Heinz Co, which Berkshire and private equity firm 3G Capital bought in 2013. Berkshire and 3G later merged Heinz with Kraft Foods. It was Munger who suggested that Buffett make one of Berkshire's few non-U.S. investments, in Chinese automobile and battery company BYD Co. Munger was also responsible for introducing Buffett to Todd Combs, who along with Ted Weschler run parts of Berkshire's investment portfolio. Unlike Buffett, who opened a Twitter account - seldom used - Munger resisted heading into social media. "That's not my milieu. I don't like too many things going on at once," he once told Reuters. But in many other ways, he was much like his business partner, especially in not chasing the latest trends. "I am personally skeptical of some of the hype that has gone into artificial intelligence," Munger said at the 2023 annual meeting. "I think old-fashioned intelligence works pretty well." Munger lived modestly and drove his own car, though he used a wheelchair in his final years. He was also a generous philanthropist, pledging more than $100 million in 2013 to build housing at the University of Michigan. Nancy Munger died in 2010. Charlie Munger had six children and two stepchildren from his marriages. (Reporting by Jonathan Stempel in New York; editing by Diane Craft and Rosalba O'Brien)... - Reddit Posts (Sample): [['u/Conscious-Strain-807', 'Hey everyone what is the safest way to keep my btc', 15, '2023-12-01 01:37', 'https://www.reddit.com/r/Bitcoin/comments/187y5gp/hey_everyone_what_is_the_safest_way_to_keep_my_btc/', 'I have amount of btc that very important to me for the future \nI wanna know where i can put it in the must safe way\nRight now i use ledger but im still not sleep good in the night i dont know why \nShould i split it to more other wallets and if yes what is the best wallet i can buy for extra security \n(Sorry about my bad english)', 'https://www.reddit.com/r/Bitcoin/comments/187y5gp/hey_everyone_what_is_the_safest_way_to_keep_my_btc/', '187y5gp', [['u/whitewardrobe122', 12, '2023-12-01 01:45', 'https://www.reddit.com/r/Bitcoin/comments/187y5gp/hey_everyone_what_is_the_safest_way_to_keep_my_btc/kbhd62t/', ' hardware wallet like Ledger is already a secure choice.', '187y5gp'], ['u/Ruslan124', 23, '2023-12-01 02:10', 'https://www.reddit.com/r/Bitcoin/comments/187y5gp/hey_everyone_what_is_the_safest_way_to_keep_my_btc/kbhgumw/', "Understand this concept first. You are not storing crypto. Crypto transactions are recorded on the Blockchain.\n\nWhat you are storing are the cryptographic keys that unlock those transactions (crypto you control) allowing you to transfer the transactions to an address controlled by different keys.\n\nThere are only two things you need to be concerned with.\n\nThe keys are generated from the seed. Protect the seed how best you see fit but don't use an Internet connected device for that.\n\nWhen you get a hardware wallet, protect the pin at all costs.\n\nThat's it. If someone steals your hardware wallet they cannot do anything without the pin.\n\nAll hardware wallets are secure for most users. If you have a lot of crypto, you might want to get a fully air gapped wallet. For most that is overkill but only you can decide.\n\nDo not use paper or other decomposable material to write your seed on unless you make multiple copies and keep them at different locations. \n\nDo not keep them in a safe you bought on Amazon. They are easy to open and for a thief to take with them. \n\nDo not memorize your seed as an alternative. You cannot guarantee you won't forget.\n\nIf you are new to this, get a Trezor or a Ledger Nano.", '187y5gp']]], ['u/gravitychump', 'Bitcoin Dust', 16, '2023-12-01 01:53', 'https://www.reddit.com/r/btc/comments/187yijc/bitcoin_dust/', 'Honest question: as the transaction fees of Bitcoin continue to rise, is it possible that eventually larger amounts of BTC become "dust"? \n\n\nWill there come a time when, say, 1 BTC becomes unspendable because the transaction fees cost more than 1 BTC itself?', 'https://www.reddit.com/r/btc/comments/187yijc/bitcoin_dust/', '187yijc', [['u/Collaborationeur', 10, '2023-12-01 06:52', 'https://www.reddit.com/r/btc/comments/187yijc/bitcoin_dust/kbiimw1/', 'This is not quite dust but here is a guy who got stiffed by his broker collecting small bits of bitcoin into a single payout resulting in a $2400 network fee. A cautionary example of how dust could be used against you…\n\n/r/btc/comments/17xinlw/btc_transfer_fee_24k_on_20k_transfer/k9o53qw/', '187yijc']]], ['u/Tropixgrows', 'Cheapest Aussie exchange for bigger purchases', 12, '2023-12-01 02:16', 'https://www.reddit.com/r/BitcoinAUS/comments/187z0ot/cheapest_aussie_exchange_for_bigger_purchases/', "I guess this question must come up a lot but I'm a noob at crypto and I'm looking at throwing a bit of coin at it between now and early next year. I'm planning on spending 20-40k. I'll transfer 90% of that to a cold wallet where it will stay. And then I'd ideally like to use an exchange to trade a bit here and there with the other 10%. \n\nI want to pay as little on fees as possible. I was reading a post earlier where someone bought a hundred dollars in BTC through Independent Reserve. After all of the fees they ended up with 16 dollars worth. I mean if that was me I'd be pissed. That just sounds utterly ridiculous and like they effectively gave their money away. I'd heard only good things about IR until I read that.\n\nCan someone ELI5 the smartest option for me? Thanks in advance.", 'https://www.reddit.com/r/BitcoinAUS/comments/187z0ot/cheapest_aussie_exchange_for_bigger_purchases/', '187z0ot', [['u/IR-Nikola', 21, '2023-12-01 04:37', 'https://www.reddit.com/r/BitcoinAUS/comments/187z0ot/cheapest_aussie_exchange_for_bigger_purchases/kbi28aq/', "Hi,\n\nI work at Independent Reserve - happy to answer any questions you have.\n\nOur fees are the lowest of the *liquid* exchanges in AU. Bitaroo's fees are lower, but fees are only one part of the equation - you also have to look at spread and depth of the market.\n\nFor example, at time of writing, if we use your midpoint ($30k BTC buy), on Independent Reserve you would pay $150 in fees. With Bitaroo you would pay $49.\n\nHowever, Independent Reserve's spread and depth is better, so after placing your buy order (and taking into account the above fees) you would end up with: \n\n&#x200B;\n\nIndependent Reserve: BTC **0.51799**\n\nBitaroo: BTC **0.5135**\n\n&#x200B;\n\nAnyway, just some back of the napkin calculations, definitely do your own research and feel free to ask any questions.\n\n&#x200B;\n\nCheers,\n\nNikola.", '187z0ot'], ['u/Tropixgrows', 10, '2023-12-01 05:16', 'https://www.reddit.com/r/BitcoinAUS/comments/187z0ot/cheapest_aussie_exchange_for_bigger_purchases/kbi7o9g/', "Hey I appreciate you reaching out. \n\nWell, people keep recommending you guys, and from some of the replies I've had your fees aren't that bad at all. I was worried I might lose thousands just buying BTC and transferring out.\n\n170-odd dollars on a 30k purchase is nothing to complain about!", '187z0ot'], ['u/IR-Nikola', 11, '2023-12-01 07:19', 'https://www.reddit.com/r/BitcoinAUS/comments/187z0ot/cheapest_aussie_exchange_for_bigger_purchases/kbil5r2/', 'OK :)\n\n1. Independent Reserve: BTC 0.51769 \nBitaroo: BTC 0.51303785 (this is assuming you withdraw to over lightning network to WOS - Bitaroo\'s best case). Otherwise if you want "priority" on the L1, it\'s the same withdrawal fee as Independent Reserve. \n\n2. You can synthesise any price you want if you put a limit order in and **assume** the price gets there. Who can say what the price will get to on any exchange? I specifically said this was just a napkin excercise, to compare fairly all I can do is simulate a market order on each exchange, and the fact is (from the averager price) the slippage on IR at the time of testing was $22, and on Bitaroo was $102. You don\'t *have* to manage limit orders for an order of this size on Independent Reserve (which I\'m guessing is not something the OP wants to do, as a self professed non "techy" guy). You would save $14 by being a maker on Bitaroo, but not enough to make a difference I think. \n\n\nHope this helps!', '187z0ot']]], ['u/GGstockaddict', 'How would you approach buying 1 bitcoin starting today', 13, '2023-12-01 03:29', 'https://www.reddit.com/r/BitcoinBeginners/comments/1880kt9/how_would_you_approach_buying_1_bitcoin_starting/', 'Suppose you have enough cash today to purchase 1 bitcoin (& understand the risk), would you: DCA over the next month or two? Buy 1 full bitcoin immediately, knowing the price may continue rising? Accumulate .5 bitcoin asap, then wait/hope for a big dip next spring?\nAsking for a friend….', 'https://www.reddit.com/r/BitcoinBeginners/comments/1880kt9/how_would_you_approach_buying_1_bitcoin_starting/', '1880kt9', [['u/bitusher', 12, '2023-12-01 03:36', 'https://www.reddit.com/r/BitcoinBeginners/comments/1880kt9/how_would_you_approach_buying_1_bitcoin_starting/kbhtec3/', '>DCA over the next month or two?\n\nNo. I would Lump Sum for this reason :\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/101wx8r/buying_while_already_dcaing/j2q4knw/\n\nThe problem with this is you would need to already have an existing account with an exchange or open up multiple accounts as buying limits on brand new accounts are usually lower where it would force you to make purchases over a few weeks \n\n>wait/hope for a big dip next spring?\n\nAre you aware of the halvening and how this historically effects price even if we ignore the ETF?', '1880kt9']]], ['u/edwinbarnesc', 'GMERICA: Beyond the METAVERSE, part 4', 527, '2023-12-01 05:20', 'https://www.reddit.com/r/edwinbarnesc/comments/1882rrj/gmerica_beyond_the_metaverse_part_4/', "This is a continuation from previous:\n\n* [Part 1 - Sailing into the METAVERSE](https://www.reddit.com/r/edwinbarnesc/comments/17vokmc/gmerica_sailing_into_the_metaverse_part_1_111423/)\n* [Part 2 - Discovering the METAVERSE](https://www.reddit.com/r/edwinbarnesc/comments/17yq3xq/gmerica_discovering_the_metaverse_part_2/)\n* [Part 3 - Constructing the METAVERSE](https://www.reddit.com/r/edwinbarnesc/comments/181cem8/gmerica_constructing_the_metaverse_part_3/)\n\nI released this DD live on the PP show, tune in here to get the juicy details:\n\n[https://www.youtube.com/watch?v=KUP6O4\\_lFwU&ab\\_channel=ThePPshow](https://www.youtube.com/watch?v=KUP6O4_lFwU&ab_channel=ThePPshow)\n\n**Starts at 1:23:36 mark.**\n\nAnd for those that prefer to read here are a FEW slides from the live show...\n\n&#x200B;\n\nhttps://preview.redd.it/7x44qve6rl3c1.png?width=1128&format=png&auto=webp&s=27369309df52282e8c5c65a304774ef636c8d01a\n\nJeff Bezos, founder of Amazon, once said to his employees: 'One day, Amazon will fail'\n\nAfter the GameStop sneeze of Jan 2021, many billionaires including Jeff Bezos divorced their wives to save half their wealth.\n\nBut I believe it was also a foreshadow of the future, and that future is finally here.\n\n# Beyond the Metaverse\n\nWhat happens if you start looking? If you are truly curious, it will take you on a wild ride.\n\n&#x200B;\n\nhttps://preview.redd.it/k26y2wqyrl3c1.png?width=214&format=png&auto=webp&s=13174fe7bb7669ebf60fcd25c5e4076c1877e5ab\n\nElon Musk once tweeted this: Follow the 🐰\n\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:** ['Aaron Schwartz/Xinhua via Getty Images US stocks jumped Friday despite Jerome Powell\'s attempt to dampen rate-cut hopes. The Fed chair said it would be "premature" to guess when policy might ease. He also acknowledged policy is "well into restrictive territory," suggesting the tightening cycle is over. US stocks rose on Friday, building on last month\'s monster rally, despite Jerome Powell\'s attempt to dampen rate-cut hopes. At Spelman College in Atlanta, the Federal Reserve chief said it would be "premature" to guess when policy might ease. That comes after Fed Governor Christopher Waller on Tuesday appeared to inch closer toward the prospect of rate cuts. And while Powell added that higher rates are still possible, he also acknowledged policy is "well into restrictive territory," suggesting the Fed\'s tightening cycle is over. Bond yields tumbled after the remarks. "Jerome Powell\'s ostensibly hawkish message to financial markets today appears to be taken in stride as the major indexes remain in positive territory," Quincy Krosby, Chief Global Strategist for LPL Financial, said in a note on Friday. Here\'s where US indexes stood at the 4:00 p.m. ET closing bell on Friday: S&P 500 : 4,594.63, up 0.59% Dow Jones Industrial Average : 36,245.50, up 0.82% (294.61 points) Nasdaq Composite : 14,305.03, up 0.55% Here\'s what else happened today: Here\'s a rundown of Wall Street\'s 2024 forecasts on the stock market. The "buy" signal flashing in stocks is dead , as the monster rally reaches overbought levels, Bank of America said. The bull market in stocks may be on its last legs as consumers start to tap out, a Wells Fargo strategist said. In commodities, bonds and crypto: West Texas Intermediate crude oil dropped 2.04% to $74.40 per barrel. Brent crude , oil\'s international benchmark, shed 2.14% to $79.13. Gold inched 1.42% higher to $2,067.10 per ounce. The yield on the 10-year Treasury dropped by 12.6 basis points to 4.228%. Bitcoin was up 2.60% to $38,748. Read the original article on Business Insider', '• US stocks jumped Friday despite Jerome Powell\'s attempt to dampen rate-cut hopes.\n• The Fed chair said it would be "premature" to guess when policy might ease.\n• He also acknowledged policy is "well into restrictive territory," suggesting the tightening cycle is over.\nUS stocks rose on Friday, building on last month\'s monster rally, despite Jerome Powell\'s attempt to dampen rate-cut hopes.\nAt Spelman College in Atlanta, the Federal Reserve chief said it would be "premature" to guess when policy might ease. That comes after Fed Governor Christopher Waller on Tuesday appeared to inch closer toward the prospect of rate cuts.\nAnd while Powell added that higher rates are still possible, he also acknowledged policy is "well into restrictive territory," suggesting the Fed\'s tightening cycle is over. Bond yields tumbled after the remarks.\n"Jerome Powell\'s ostensibly hawkish message to financial markets today appears to be taken in stride as the major indexes remain in positive territory," Quincy Krosby, Chief Global Strategist for LPL Financial, said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. ET closing bell on Friday:\n• S&P 500: 4,594.63, up 0.59%\n• Dow Jones Industrial Average: 36,245.50, up 0.82% (294.61 points)\n• Nasdaq Composite: 14,305.03, up 0.55%\nHere\'s what else happened today:\n• Here\'s arundown of Wall Street\'s 2024 forecastson the stock market.\n• The"buy" signal flashing in stocks is dead, as the monster rally reaches overbought levels, Bank of America said.\n• The bull market in stocks may be on its last legsas consumers start to tap out, a Wells Fargo strategist said.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil dropped 2.04% to $74.40 per barrel.Brent crude, oil\'s international benchmark, shed 2.14% to $79.13.\n• Goldinched 1.42% higher to $2,067.10 per ounce.\n• The yield on the 10-year Treasury dropped by 12.6 basis points to 4.228%.\n• Bitcoinwas up 2.60% to $38,748.\nRead the original article onBusiness Insider', "Coinbase Global Inc (NASDAQ:COIN), a leading player in the digital currency exchange space, has witnessed a significant insider transaction. Chief Legal Officer Paul Grewal sold 10,000 shares of the company on November 29, 2023. This move has caught the attention of investors and market analysts, as insider transactions can often provide valuable insights into a company's financial health and future prospects.Who is Paul Grewal of Coinbase Global Inc?Paul Grewal is a key executive at Coinbase Global Inc, serving as the company's Chief Legal Officer. With a background in law, Grewal has been instrumental in navigating the complex regulatory landscape of the cryptocurrency industry. His role at Coinbase involves overseeing legal affairs, public policy, and compliance operations, ensuring that the company adheres to the laws and regulations governing digital assets. Prior to joining Coinbase, Grewal had a distinguished career, including serving as a magistrate judge in the United States District Court for the Northern District of California and holding various legal positions in the tech industry.Coinbase Global Inc's Business DescriptionCoinbase Global Inc is a renowned financial technology company that provides a platform for buying, selling, transferring, and storing digital currency. It aims to create an open financial system for the world by leveraging blockchain technology to enable users to transact with new forms of currency like Bitcoin, Ethereum, and Litecoin. The company has grown rapidly since its inception in 2012, expanding its offerings to include a range of services for individual and institutional clients, such as Coinbase Pro for advanced traders and Coinbase Prime for institutions.Analysis of Insider Buy/Sell and the Relationship with the Stock PriceThe insider transaction history for Coinbase Global Inc reveals a pattern of more insider sells than buys over the past year. Specifically, there have been 11 insider buys and 58 insider sells. This trend can be interpreted in various ways. While some may view the preponderance of sells as a lack of confidence by insiders in the company's future, it is also possible that insiders are simply diversifying their portfolios or realizing gains from their investments.On the day of Paul Grewal's recent sell, shares of Coinbase Global Inc were trading at $130.09, giving the company a market cap of $32.003 billion. This transaction follows a series of other sales by the insider, totaling 67,685 shares over the past year, with no recorded purchases. Such consistent selling could suggest that the insider is adjusting his stake in the company for personal financial planning or risk management reasons.\nInsider Trend Image AnalysisThe insider trend image provides a visual representation of the buying and selling activities of insiders at Coinbase Global Inc. The image indicates a clear inclination towards selling rather than buying among the insiders, which could be a signal to investors to monitor the company's stock performance and future outlook closely.Valuation and GF Value Image AnalysisCoinbase Global Inc's stock valuation presents an interesting scenario. With a trading price of $130.09 and a GuruFocus Value (GF Value) of $66.77, the stock has a price-to-GF-Value ratio of 1.95. This indicates that the stock is significantly overvalued based on its GF Value.\nThe GF Value is a proprietary intrinsic value estimate developed by GuruFocus. It takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts. The significant overvaluation of Coinbase Global Inc's stock, as suggested by the GF Value, could be a concern for potential investors, especially in light of the recent insider selling activity.ConclusionThe recent insider sell by Paul Grewal, the Chief Legal Officer of Coinbase Global Inc, is a notable event that warrants attention. While the reasons behind Grewal's decision to sell shares are not publicly known, the overall trend of insider transactions at the company leans heavily towards selling. Combined with the stock's current valuation, which is significantly above the GF Value, investors may want to exercise caution and conduct further research before making investment decisions regarding Coinbase Global Inc. As always, insider transactions are just one piece of the puzzle, and a comprehensive analysis of the company's financials, market position, and growth prospects is essential for informed investing.\n• Warning! GuruFocus has detected 6 Warning Signs with COIN.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.\nThis article first appeared onGuruFocus.", "Coinbase Global Inc (NASDAQ:COIN), a leading player in the digital currency exchange space, has witnessed a significant insider transaction. Chief Legal Officer Paul Grewal sold 10,000 shares of the company on November 29, 2023. This move has caught the attention of investors and market analysts, as insider transactions can often provide valuable insights into a company's financial health and future prospects. Who is Paul Grewal of Coinbase Global Inc? Paul Grewal is a key executive at Coinbase Global Inc, serving as the company's Chief Legal Officer. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $757,993,785,219 - Hash Rate: 429031410.0573902 - Transaction Count: 429362.0 - Unique Addresses: 689877.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DevvStream Holdings Inc. (NEO: DESG) to uplist to Nasdaq via merger with Focus Impact Acquisition Corp. (NAS: FIAC) DevvStream helps monetize carbon credits with focus on technology-based solutions such as electric buses and more efficient HVAC systems Tech solutions inherently easier to quantify than nature-based solutions like tree or mangrove planting DevvStream’s system designed to prevent questionable “junk” credits from changing hands 1 st pure-play carbon credit generator listed on Nasdaq, with requisite transparency and controls Blockchain technology ensures transparency and accuracy of credit count plus scalability DevvStream helps clients create, authenticate and sell credits to end customers like companies and governments Partners include Ryoden Corp., part of Mitsubishi Electric Corp., that provides high efficiency HVAC systems Contracts are long-term, running 10 years or more DevvStream is capital light with extremely high Ebitda margins, north of 80% in 2025 Trades at a steep discount to peers, roughly 5x 2025 Ebitda vs. NextEra Energy Inc. at 11.5x and Brookfield Renewable Corp. at 10.9x By John Jannarone , Jarrett Banks and Karen E. Roman Countries and giant corporations around the world have made bold pledges to reduce emissions dramatically in coming years and decades, but they’re likely to need the help of carbon credits to get there. The big challenge: Finding a carbon credit developer who can be trusted. Meet DevvStream Holdings Inc. (NEO: DESG), which plans to uplist to Nasdaq via merger with Focus Impact Acquisition Corp. (NASDAQ: FIAC), a SPAC that raised money to find a target that achieved social as well as financial objectives. Once the deal closes, current DevvStream shareholders are expected to own the majority of the only U.S. publicly-listed carbon credit co-developer. To appreciate DevvStream’s opportunity, it’s first important to assess the challenges of carbon credits. There’s no doubt the market has tremendous potential, with global traded value forecast to grow 18% annually from $979 billion in 2022 to $2.7 trillion in 2028, according to American University’s School of International Service. That volume is needed to achieve goals set by large countries as well as traditionally pollutive industries like oil and airlines that can buy credits to offset their own emissions. Story continues Unfortunately, many carbon credits have been the subject of an abuse known as Greenwashing, when they turn out not to reflect true emissions reductions. A recent study in the journal Science found that just 6% of offsets were linked to additional carbon reductions in sample set of forestry-focused projects. Major corporations with extensive carbon reduction targets including Nestlé S.A. and British Airways Plc were seen as exposed. Even comedian John Oliver dedicated a segment to the issue on Warner Bros. Discovery, Inc.’s HBO. The good news is that DevvStream approaches carbon credits largely from a different angle that dramatically reduces the risk of “junk” credits being created. Unlike re-forestation projects or planting mangroves, DevvStream zeroes in on technology-based credits. Typical examples include fleets of electric buses and energy efficient HVAC systems, such as one made by Ryoden Corp., part of Mitsubishi Electric Corp., which has partnered with DevvStream. Such tech-based credits are easier to measure accurately than, say, a reforestation project that could be impacted by anything from fires to termites. DevvStream also always uses third parties to validate credits to ensure objective assessments are made (some other participants validate internally, which creates obvious risks). Another differentiator investors should study is a blockchain-based system called DevvX, which is operated by sister company Devvio. DevvX is the world’s lowest carbon footprint blockchain and uses one million times less energy than Bitcoin per transaction. That platform should help the company’s profits grow very quickly thanks to minimal incremental cost per transaction. It shows up in DevvStream’s financials: The company expects Ebitda to rise from $6.7 million next year to $45.1 million in 2025, when it will command a margin north of 80%. Turning to valuation, the deal has been priced to work. Based on the current share price of roughly $10.80, DevvStream effectively trades at just 4.7x 2025 Ebitda vs. NextEra Energy Inc. at 11.5x and Brookfield Renewable Corp. at 10.9x. The company also bolstered its balance sheet with a recent announcement it would raise interim financing of $7.5 million via a convertible note offering. While DevvStream benefits from an asset-light business model, the fresh capital will help expand its operational footprint and more rapidly convert its pipeline of over 140 projects. The notes carry a high currently yield and convert to shares of the company at a discount upon close. For many of DevvStream’s customers, the partnership is a clear win because they simply weren’t monetizing credits at all beforehand. But given DevvStream’s low capex needs, both the company and the client can enjoy plenty of financial benefit once the credits are sold. Competition, for now, is minimal and it would take some time for would-be rivals to enter the fray. With contracts lasting 10 years or more, DevvStream should be able to lock in a healthy client base long before any serious challenger emerges. Of course, DevvStream isn’t opposed to natural carbon solutions and has protections in place ensure they succeed. The company has an MOU with Bluegrace Energy, making it the exclusive carbon credit manager for an 8.3 million-hectare Amazon rainforest conservation project in Bolivia. DevvStream plans to use advanced technology like AI, machine learning and satellite imaging to ensure accurate carbon credit quantification, addressing co-called Core Carbon Principles. The project aims to protect land and support indigenous communities with initiatives like infrastructure, education and healthcare. There’s also a trusted hand at the helm with CEO Sunny Trinh, who can boast 25 years of experience in the technology and carbon markets. He also has plenty of public company experience before leading DevvStream, including senior roles at Avnet (NASDAQ: AVT) and Arrow Electronics (NYSE: ARW) where he worked with dozens of companies in renewable and energy efficiency technologies. Finally, DevvStream should get a lift from some Hollywood star power, thanks to partnerships with some of the most famous environmental advocates in the world. Megan Fox, Dr. Jane Goodall and Robert Redford are serving as ambassadors for the Buildings and Facilities Carbon Offset Program (BFCOP), created by DevvStream and a NGO called Global Green. BFCOP simplifies carbon credit generation from energy-efficient and renewable energy projects in U.S. and Canadian buildings. It’s a critical step in addressing the substantial carbon emissions from buildings, which account for 40% of global energy-related emissions. The program aims to reduce building carbon footprints and has attracted high-profile support from the ambassadors. With a big head start over would-be rivals, a solid and growing pipeline with long-term contracts, DevvStream has a bright future. And as worries over greenwash and empty ESG promises abound, a trusted operator will stand out from the pack. Investors should see DevvStream’s uplisting as a green light to extend its lead. Contact: IPO-Edge.com [email protected] Twitter: @IPOEdge Instagram: @IPOEdge... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In this article, we\'re going to take a look at 14 best blockchain stocks to buy now. To skip ahead and see more stocks that made our list, you can follow this link to read about the 5 best blockchain stocks to buy now . Is Blockchain Still Around? Let\'s go back to 2016. Trump was yet to win the election despite a lot of people saying there was no way in hell that could happen and pandemic was a word only used in history books. Around the same time, another word has started to catch on and that word was blockchain. Bitcoin had been around for 8 years already and Ethereum was picking up steam as a platform for decentralized applications. As Bitcoin\'s price started to surge and ended up gaining more than 2,000% the following year, something akin to a craze emerged around blockchain. Of course, many saw blockchain as a way to get rich quickl y, since in order for a blockchain to function (i.e. to continue adding data to the decentralized ledger) it needs some sort of cryptocurrency to power it. That\'s why in the following years we saw a waterfall of various cryptocurrencies that were used in hundreds of blockchain projects, with almost every one claiming to be the "next Bitcoin" or promising to revolutionize an industry that probably didn\'t even need revolutionizing anyways. Blockchain has made its way into healthcare, government, real estate, supply chain, finance and other industries. However, most projects died as the interest towards them dwindled. And it seems that the hype around blockchain has also died down. According to Google Trends, the peak popularity for blockchain was around December 2017. Currently the numbers are less than a third from their peak. So, should I invest in Blockchain? Even though the interest towards blockchain is far from the peak of its popularity, there are still many projects that deserve attention. Even Bitcoin, the cryptocurrency that lies at the beginning of the "blockchain revolution," is still getting a lot of traction. In fact it\'s been considered some sort of a digital Store of Value, despite the price fluctuations. Moreover, Bitcoin has been in the limelight recently, as evidence suggests that the US Securities and Exchange Commission is on track to approve a number of Exchange Traded Funds tied to Bitcoin, which would allow more retail investors exposure to the cryptocurrency. Story continues Also, Bitcoin ETFs will likely mark a new milestone for the whole blockchain and cryptocurrency sector. Bringing Bitcoin into the mainstream investing will open up a path where the government will have to impose regulations that will ensure more transparency for both the currencies and their underlying projects. This in turn will allow to projects with strong development teams and solid backgrounds to stand out, which is bound to attract more investors. In the meantime, until we see Bitcoin ETFs trading on the stock exchange, there are plenty of stocks to choose from that have exposure both to blockchain technology and to Bitcoin cryptocurrency in particular. If you are looking for best blockchain stocks to buy now, you should know that the three tech giants, Microsoft Corp (NASDAQ: MSFT ) , Amazon.com, Inc. (NASDAQ: AMZN ) , and Alphabet Inc (NASDAQ: GOOGL ), have made public their interest to blockchain technology and even included it in their portfolio of offerings in the cloud computing segment. If you are interested in more of a "pick-and-shovel" approach, then look no further than the largest chipmakers like NVIDIA Corp (NASDAQ: NVDA ) and Intel Corporation (NASDAQ: INTC ) , both of which manufacture chips that are widely used in cryptocurrency "mining". As a conclusion, in order to invest "correctly" in blockchain, you should look beyond the hype and understand what is the inherent value of blockchain. It is a way to store data, in a centralized or decentralized way and it\'s best used for data that should not be corrupted or moved. That\'s why one of the most useful applications for blockchain is in finance and that\'s why companies like Mastercard Inc (NYSE: MA ) and Visa Inc (NYSE: V ) have also expressed interest in this technology. Best Blockchain Stocks to Buy Now Photo by Pascal Bernardon on Unsplash Our methodology To identify the best blockchain stocks to buy now, we scoured our database for companies that have exposure to blockchain in one way or another, either by providing blockchain-based solutions, like Microsoft Corp (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), and Alphabet Inc (NASDAQ:GOOGL), providing hardware that has applications in blockchain like NVIDIA Corp (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC), or are interested in applying blockchain technology in their business operations, such as Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V). We also identified a number of publicly-traded companies that are involved in Bitcoin mining. After compiling the list we narrowed it down to 14 best blockchain stocks to invest in based on hedge fund interest towards them. 14. Hut 8 Mining Corp (NASDAQ: HUT ) Let\'s kick off with Hut 8 Mining Corp (NASDAQ:HUT), in which three hedge funds tracked by Insider Monkey reported owning long positions as of the end of September, down by three over the quarter. Among the investors bullish on the company are Ken Griffin\'s Citadel Investment Group and Aaron Weitman\'s CastleKnight Management. Hut 8 Mining Corp (NASDAQ:HUT) is focused on digital asset mining, such as Bitcoin and its stock has nearly trippled since the beginning of the year, although it\'s still far from the all-time highs of $15 recorded in November 2021. The company is currently in the merger process with US Data Mining Group (doing business as US Bitcoin Corp). In the third quarter, Hut 8 Mining Corp (NASDAQ:HUT) mined 330 Bitcoin, down by 66% on the year. The company said the decrease was due to increase in network difficulty, suspension of operation at one of its facilities and ongoing electrical issue at another facility. Overall, Hut 8 Mining posted revenue of $12.51 million and a net loss of $0.24 per share. 13. Cipher Mining Inc (NASDAQ: CIFR ) Next in line in our list of best blockchain stocks to buy now is Cipher Mining Inc (NASDAQ:CIFR), which, similar to Hut 8 Mining Corp (NASDAQ:HUT) is engaged in Bitcoin mining. In October, the company operated 70,000 mining rigs and obtained 428 Bitcoin, which represents an increase of 3% from the previous month. Cipher Mining Inc (NASDAQ:CIFR) sold around 466 Bitcoin last month and has a balance of 516 Bitcoin. At the end of the third quarter, there were nine funds tracked by Insider Monkey that held shares of Cipher Mining Inc (NASDAQ:CIFR), down by two funds over the quarter. 12. CleanSpark Inc (NASDAQ: CLSK ) In CleanSpark Inc (NASDAQ:CLSK) there were 11 funds owning shares at the end of September, unchanged over the quarter. Among these investors, CleanSpark Inc (NASDAQ:CLSK) is a Bitcoin mining company, which has around 89,000 rigs as of the end of October. During the fiscal third quarter (ended June 30), CleanSpark Inc (NASDAQ:CLSK) generated revenue of $45.5 million, up by 47% on the year. The company also narrowed its net loss to $14.2 million from $29.3 million recorded in the same period of the last year. 11. Riot Platforms Inc (NASDAQ: RIOT ) Riot Platforms Inc (NASDAQ:RIOT) is the last Bitcoin miner in this list of best blockchain stocks to buy now. The company saw 17 hedge funds from our database holding long positions with a total value of $56.90 million as of the end of September. During the third quarter, Riot Platforms Inc (NASDAQ:RIOT) mined 1,106 Bitcoin. It ended the quarter with 98,694 miners, up by 77% on the year, and had a balance of 7,327 Bitcoin. For the quarter, Riot Platforms Inc (NASDAQ:RIOT) reported revenue of $51.9 million and a net loss of $0.25 per share, versus revenue of $46.3 million and a loss of $0.21 per share registered in the same period of last year. 10. Coinbase Global Inc (NASDAQ: COIN ) If you live in the US and have any relationship with the cryptocurrency space, then you\'ve definitely heard about Coinbase Global Inc (NASDAQ:COIN) as it operates one of the largest cryptocurrency exchanges in the US. Coinbase went public in 2021 at a price of $381. As cryptocurrency markets were in a full-swing bull market at the time, the IPO was one of the most hyped at the time. However, since then Coinbase Global Inc (NASDAQ:COIN) saw its stock price drop by 75%. Year-to-date, Coinbase Global Inc (NASDAQ:COIN)\'s shares have surged by 155% as the company managed to beat the top- and bottom-line estimates for the first two quarters of its fiscal 2023. For the third quarter, Coinbase Global Inc (NASDAQ:COIN) reported $674.15 million in revenue, beating the estimates by $20.6 million, but its net loss of $0.57 per share, was $0.04 lower than expected. At the end of the third quarter, there were 27 hedge funds tracked by Insider Monkey that held shares of Coinbase Global Inc (NASDAQ:COIN). 9. International Business Machines (NYSE: IBM ) Then there\'s International Business Machines, which saw 53 funds holding $843.12 million worth of its stock at the end of September. As one of the leading tech companies, International Business Machines (NYSE:IBM) is quick to adapt new technologies and blockchain is no exception. The company provides a suite of blockchain-based products such as Supply Chain Control Tower, which also leverages Artificial Intelligence and allows companies from various industries, such as healthcare, to keep track of their inventory. Another prominent example is IBM Food Trust, which connects stakeholders from food industry and creates a network that helps producers, sellers, and consumers to keep track of every step of the production process. One of the clients that is taking advantage of the blockchain-based IBM Food Trust is Walmart Inc (NYSE:WMT). 8. Block Inc (NYSE: SQ ) Block Inc (NYSE:SQ) was previously known as Square Inc and the company renamed its **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $770,795,850,000 - Hash Rate: 557403013.066688 - Transaction Count: 707876.0 - Unique Addresses: 777188.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Lightning Labs, a Bitcoin layer-2 infrastructure developer, announced the first mainnet release of Taproot Assets on Wednesday, a protocol that allows developers to issue and manage stablecoins and other assets on the Bitcoin blockchain via the Lightning Network. See related article:Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict • With Taproot Assets, Lightning Network users can hold assets beyond Bitcoin in their wallets. Payments through Taproot Assets will be routed through the Lightning Network, while Bitcoin will offer liquidity for payments denominated in other assets. • Developers minted nearly 2,000 assets on the testnet, including real-world assets like gold, U.S. Treasuries and corporate bonds with programmatic coupon payments. • The Lightning Network is a layer-2 scaling network on Bitcoin. A layer-2 network can improve transaction speed and reduce network congestion. • The Bitcoin network has facedcongestionissues this year, due to a surge of interest inOrdinals inscriptions, an iteration of non-fungible tokens (NFTs) on Bitcoin. Layer-2 solutions like the Lightning Network can reduce network congestion by processing transactions off the main blockchain. • Other layer-2 protocols, such as Stacks and Liquid Network, also improve transaction speed and reduce congestion on Bitcoin. See related article:Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations... - 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:** ['ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023. This historic event marks the first public listing of a crypto mining and blockchain technology company in the Middle East, reflecting the region\'s rapidly expanding tech and fintech sectors. Event Details: Date of IPO: December 5th, 2023 Location: Abu Dhabi Securities Exchange (ADX) Phoenix Group\'s IPO represents a significant leap forward for the UAE\'s burgeoning tech landscape. With a robust post-IPO valuation estimated at approximately $2.47 billion, Phoenix Group is setting a new benchmark for innovation and investment in the region. Key Highlights of the IPO: The IPO offer period closed with a massive oversubscription, signaling strong investor confidence. Phoenix Group\'s strategic initiatives, including a joint venture with the Abu Dhabi government, exemplify the successful fusion of public policy and private sector innovation. The Group\'s commitment to environmental sustainability is underscored by the development of the largest hydropower mining farm in Abu Dhabi, recognized as the world\'s largest. Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, remarked, "As we approach our IPO, we\'re thrilled to unveil our ambitious vision for the future. Anchored by four pillars - innovation in Bitcoin mining, renewable energy ventures, advanced manufacturing capabilities, and strategic acquisitions – we\'re poised to redefine the technology landscape. This IPO is more than an achievement; it\'s a launching pad for Phoenix Group\'s global aspirations." Munaf Ali, Co-Founder & Group MD of Phoenix Group PLC, also shared, "The momentum building up to our IPO reflects the excitement and optimism for our future endeavors. We\'re embarking on a journey that promises to enhance our technological footprint, driven by our commitment to digital finance and tech innovation. This is a pivotal moment for us to propel Phoenix Group into a new era of growth and global impact." Story continues About Phoenix Group PLC Phoenix Group PLC is an industry leader in cryptocurrency mining, tech, and blockchain, renowned for its innovative solutions that drive the digital finance sector forward. The company has successfully developed and implemented proprietary blockchain technologies and advanced crypto mining operations globally, establishing itself as a trusted entity in the tech space. As Phoenix Group prepares for its listing on the ADX under the trading symbol PHX, it is poised to leverage its accomplishments to expand further and continue its trajectory of innovation and growth within the global digital economy. Social Links X (Formal Twitter): https://twitter.com/phoenixgroupuae LinkedIn: https://www.linkedin.com/company/phoenixgroupuae/ Media Contact Brand: Phoenix Group PLC Contact: Media team Email: [email protected] Website: https://phoenixgroupuae.com/press/ SOURCE: Phoenix Group PLC', 'ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023. This historic event marks the first public listing of a crypto mining and blockchain technology company in the Middle East, reflecting the region\'s rapidly expanding tech and fintech sectors.\nEvent Details:\n• Date of IPO: December 5th, 2023\n• Location: Abu Dhabi Securities Exchange (ADX)\nPhoenix Group\'s IPO represents a significant leap forward for the UAE\'s burgeoning tech landscape. With a robust post-IPO valuation estimated at approximately $2.47 billion, Phoenix Group is setting a new benchmark for innovation and investment in the region.\nKey Highlights of the IPO:\n• The IPO offer period closed with a massive oversubscription, signaling strong investor confidence.\n• Phoenix Group\'s strategic initiatives, including a joint venture with the Abu Dhabi government, exemplify the successful fusion of public policy and private sector innovation.\n• The Group\'s commitment to environmental sustainability is underscored by the development of the largest hydropower mining farm in Abu Dhabi, recognized as the world\'s largest.\nBijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, remarked, "As we approach our IPO, we\'re thrilled to unveil our ambitious vision for the future. Anchored by four pillars - innovation in Bitcoin mining, renewable energy ventures, advanced manufacturing capabilities, and strategic acquisitions – we\'re poised to redefine the technology landscape. This IPO is more than an achievement; it\'s a launching pad for Phoenix Group\'s global aspirations."\nMunaf Ali, Co-Founder & Group MD of Phoenix Group PLC, also shared, "The momentum building up to our IPO reflects the excitement and optimism for our future endeavors. We\'re embarking on a journey that promises to enhance our technological footprint, driven by our commitment to digital finance and tech innovation. This is a pivotal moment for us to propel Phoenix Group into a new era of growth and global impact."\nAbout Phoenix Group PLC\nPhoenix Group PLC is an industry leader in cryptocurrency mining, tech, and blockchain, renowned for its innovative solutions that drive the digital finance sector forward. The company has successfully developed and implemented proprietary blockchain technologies and advanced crypto mining operations globally, establishing itself as a trusted entity in the tech space. As Phoenix Group prepares for its listing on the ADX under the trading symbol PHX, it is poised to leverage its accomplishments to expand further and continue its trajectory of innovation and growth within the global digital economy.\nSocial Links\nX (Formal Twitter):https://twitter.com/phoenixgroupuae\nLinkedIn:https://www.linkedin.com/company/phoenixgroupuae/\nMedia Contact\nBrand: Phoenix Group PLC\nContact: Media team\nEmail:[email protected]\nWebsite:https://phoenixgroupuae.com/press/\nSOURCE:Phoenix Group PLC', 'By Brigid Riley TOKYO, Dec 4 (Reuters) - The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates. Bitcoin grabbed the spotlight in the Asian morning, reaching the $40,000 level for the first time in over a year. Powell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate "well into restrictive territory." While Powell reiterated that the Fed is prepared to tighten policy further if deemed appropriate, traders were convinced the rate-hike cycle was over. Markets were pricing in a 60% chance of a rate cut by the March meeting compared with 21% just over a week ago, according to the CME\'s FedWatch tool. The U.S. dollar index, which tracks the currency against six major counterparts, was last hovering around Friday\'s close at 103.28. U.S. data remains the "primary driver" of the G10 currencies, making non-farm payrolls the "most important risk event" this week, said Kyle Rodda, senior financial market analyst at Capital.com. The closely-watched November jobs report will be released on Friday. "What we are seeing is the pricing out of U.S. economic exceptionalism, compounded by an unwinding of stretched long positioning in the U.S. dollar." That means dollar pairs could continue to get a boost depending on U.S. economic data, Rodda said. Against the yen, the dollar was fetching $146.58 yen , after falling to 146.24 earlier in the session, its lowest since Sept. 11. The yen has recently pulled away from the near 33-year low of 151.92 per dollar touched in the middle of November. The Australian dollar rose to a fresh four-month high against the greenback of $0.669, while the kiwi ticked up to as high as $0.6222, its strongest level since late July. Story continues Sterling was last trading around $1.2682, easing off a three-month high against the greenback of $1.2733 hit last week. Currency markets could also be swayed this week by speeches from several European Central Bank officials ahead of a slew of economic data from the region, including revised third quarter gross domestic product data for the euro bloc on Thursday. Euro zone inflation fell to 2.4% in November, data showed last week, providing fresh fuel to bets that the ECB will cut interest rates quicker than the bank has been suggesting. The euro was mostly flat on Monday at $1.0874 after ticking down to as low as $1.0829 in the wake of last week\'s inflation data. President Christine Lagarde is slated to give a speech later on Monday. "Lagarde will certainly welcome last week’s Eurozone CPI report but I doubt she will entertain the idea of ECB rate cuts yet," said Carol Kong, a currency strategist at Commonwealth Bank of Australia, adding that the eurozone labour market is still tight. Elsewhere in cryptocurrencies, bitcoin touched the $40,000 level for the first time in almost a year and a half on bets that U.S. regulators will soon approve stock-market traded bitcoin funds. (Reporting by Brigid Riley Editing by Shri Navaratnam)', 'By Brigid Riley\nTOKYO, Dec 4 (Reuters) - The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates.\nBitcoin grabbed the spotlight in the Asian morning, reaching the $40,000 level for the first time in over a year.\nPowell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate "well into **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $816,041,886,938 - Hash Rate: 523621012.2747674 - Transaction Count: 570395.0 - Unique Addresses: 763939.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Rae Wee SINGAPORE, Nov 10 (Reuters) - The dollar was headed for its best week against the yen in three months on Friday, after Federal Reserve Chair Jerome Powell and a chorus of Fed officials poured cold water on market expectations of a peak in U.S. rates. In cryptocurrencies, bitcoin and ether held near multi-month highs, with renewed speculation over the imminent approval of an exchange-traded bitcoin fund breathing new life into the digital assets. A slew of Fed policymakers including Powell on Thursday said they are still not sure that interest rates are high enough to finish the battle with inflation, comments taken as hawkish by markets and which sent the greenback rising. The dollar stood near a one-year high at 151.38 yen on Friday and touched one-week highs against the Australian and New Zealand dollars. "Powell's speech was quite hawkish, and that just really hit sentiment," said Tina Teng, market analyst at CMC Markets. The remarks from Fed officials came a week after the U.S. central bank left interest rates steady and cemented expectations that rates could have peaked, causing the dollar and Treasury yields to tumble in the aftermath. The greenback, however, regained its footing this week and was eyeing a weekly gain of roughly 1.3% against the yen, its best performance since August. "Dollar/yen did trend higher this week and it's now back above 151. It does raise the risk of the BOJ stepping into the (forex) market to strengthen the yen, but I think markets are expecting no intervention unless dollar/yen moves to about 152," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. The Aussie and the kiwi were likewise headed for a 2.4% and 1.8% weekly decline against the dollar respectively, also their steepest drop in months. "Even though we don't expect Powell to deliver on the tightening bias, that tightening bias does support the dollar," said Kong. Story continues The Australian dollar last stood at $0.6359 after slipping to a one-week low of $0.6352 earlier in the session, while the New Zealand dollar was last at $0.5893, having similarly hit a one-week trough of $0.5886 earlier. Falling oil prices and a faltering economic recovery in China have also kept a lid on the Antipodean currencies. Australia's central bank, in its quarterly Statement on Monetary Policy released on Friday, warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for economic growth and employment. Elsewhere, the euro steadied at $1.0668, while sterling slipped 0.02% to $1.2218. They were both on track to lose 0.56% and 1.3% for the week, respectively. Bitcoin, the world's largest cryptocurrency, meanwhile held near an 18-month high and last bought $36,519, having peaked at $37,978 in the previous session, its highest level since May 2022. The second-largest cryptocurrency Ether last stood at $2,102.90, after similarly jumping to its highest since April of $2,131.50 in the previous session. Prices of the digital assets have surged on swirling speculation of an imminent approval of BlackRock's spot bitcoin ETF, with the asset management giant also having registered to create an ethereum trust. "The potential approval of spot ETFs by the (U.S. Securities and Exchange Commission) could significantly impact the cryptocurrency sector," said Carl Szantyr, managing partner of digital asset hedge fund Blockstone Capital. "Such an endorsement would make it more accessible for institutional investors to enter the crypto space, likely boosting demand and subsequently, prices." (Reporting by Rae Wee; Editing by Lincoln Feast.)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Rae Wee SINGAPORE, Dec 5 (Reuters) - The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon approve exchange-traded spot bitcoin funds. The greenback rose marginally against the yen in early Asia trade to 147.23, helped by a slowdown in core consumer inflation in Tokyo that put downward pressure on the Japanese currency. The euro, meanwhile, languished near a three-week low hit on Monday and last traded $1.0840, while the dollar index stood near a more than one-week high and was last at 103.59. Analysts say the greenback\'s move higher was in part due to a reversal of its heavy selloff in recent weeks, which saw the dollar index falling some 3% in November, its steepest monthly decline in a year. "I think it\'s maybe just a little bit of a reassessment as to the U.S. dollar having fallen too far, and too fast," said Sean Callow, a senior currency strategist at Westpac. A slew of U.S. economic indicators due this week, including November\'s non-manufacturing ISM figures out later on Tuesday and the closely-watched nonfarm payrolls report at the end of the week, will provide further clarity on the future path of interest rates. Traders have all but priced in a rate cut from the Federal Reserve by the first half of next year. "The Fed will be reactive to the hard data and not anticipatory of it. So as long as the activity data deteriorates and inflation retreats, convergence toward lower yields will resume," said Thierry Wizman, Macquarie\'s global FX and interest rates strategist. Elsewhere, sterling rose 0.08% to $1.2642, but was some distance away from its recent three-month high, while the New Zealand dollar similarly edged away from a four-month high and last traded $0.6173. The Australian dollar steadied at $0.6620 ahead of a rate decision from the Reserve Bank of Australia later on Tuesday, amid expectations the central bank will keep rates on hold. Story continues In cryptocurrencies, bitcoin last stood at $41,873, not far from the previous session\'s peak of $42,404, its highest level since April 2022. The world\'s largest cryptocurrency has charged roughly 153% higher this year on U.S. rate cut expectations and bets that American regulators will soon approve exchange-traded spot bitcoin funds (ETFs), opening the bitcoin market to millions more investors. "$40,000 has acted like a magnet since Bitcoin finally broke through $30,000 in late October. It was only a matter of time before the next round number succumbed as enthusiasm about a spot ETF reaches fever pitch," said crypto-services firm Nexo co-founder Antoni Trenchev. (Reporting by Rae Wee; Editing by Jamie Freed)', 'By Rae Wee\nSINGAPORE, Dec 5 (Reuters) - The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon approve exchange-traded spot bitcoin funds.\nThe greenback rose marginally against the yen in early Asia trade to 147.23, helped by a slowdown in core consumer inflation in Tokyo that put downward pressure on the Japanese currency.\nThe euro, meanwhile, languished near a three-week low hit on Monday and last traded $1.0840, while the dollar index stood near a more than one-week high and was last at 103.59.\nAnalysts say the greenback\'s move higher was in part due to a reversal of its heavy selloff in recent weeks, which saw the dollar index falling some 3% in November, its steepest monthly decline in a year.\n"I think it\'s maybe just a little bit of a reassessment as to the U.S. dollar having fallen too far, and too fast," said Sean Callow, a senior currency strategist at Westpac.\nA slew of U.S. economic indicators due this week, including November\'s non-manufacturing ISM figures out later on Tuesday and the closely-watched nonfarm payrolls report at the end of the week, will provide further clarity on the future path of interest rates. Traders have all but priced in a rate cut from the Federal Reserve by the first half of next year.\n"The Fed will be reactive to the hard data and not anticipatory of it. So as long as the activity data deteriorates and inflation retreats, convergence toward lower yields will resume," said Thierry Wizman, Macquarie\'s global FX and interest rates strategist.\nElsewhere, sterling rose 0.08% to $1.2642, but was some distance away from its recent three-month high, while the New Zealand dollar similarly edged away from a four-month high and last traded $0.6173.\nThe Australian dollar steadied at $0.6620 ahead of a rate decision from the Reserve Bank of Australia later on Tuesday, amid expectations the central bank will keep rates on hold.\nIn cryptocurrencies, bitcoin last stood at $41,873, not far from the previous session\'s peak of $42,404, its highest level since April 2022.\nThe world\'s largest cryptocurrency has charged roughly 153% higher this year on U.S. rate cut expectations and bets that American regulators will soon approve exchange-traded spot bitcoin funds (ETFs), opening the bitcoin market to millions more investors.\n"$40,000 has acted like a magnet since Bitcoin finally broke through $30,000 in late October. It was only a matter of time before the next round number succumbed as enthusiasm about a spot ETF reaches fever pitch," said crypto-services firm Nexo co-founder Antoni Trenchev.\n(Reporting by Rae Wee; Editing by Jamie Freed)', 'By Hannah Lang (Reuters) -The U.S. dollar was higher against a basket of currencies on Tuesday, paring losses from a recent selloff in spite of data showing that U.S. job openings dropped in October to the lowest level since early 2021. Job openings, a measure of labor demand, fell 617,000 to 8.733 million on the last day of October, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday, coming in below estimates. The slowing labor market and subsiding inflation have raised optimism that the U.S. Federal Reserve is probably done raising interest rates this cycle, with financial markets even anticipating a rate cut in mid-2024. "It just reinforces the narrative that we\'ve been on, which is, Fed hiking is probably done. We\'re shifting more into, when are they going to be easing? I think expectations are still all over the place in terms of that question," said Brad Bechtel, global head of FX at Jefferies in New York. The dollar index was last up 0.41% at 104.03, its highest in a week. Analysts said the dollar\'s nudge up was in part due to a reversal of the heavy selloff in recent weeks that stripped 3% off the dollar index in November alone, its steepest monthly decline in a year. Elsewhere, the yuan held steady in the face of a downgrade to the outlook for China\'s credit rating from Moody\'s, as major state-owned banks stepped in to stem any slide by selling dollars. Bitcoin hit a fresh yearly high on Tuesday, above $43,000 - its highest since April 2022. CUTS PRICED IN Traders have priced in at least 125 basis points worth of rate cuts from the Federal Reserve next year, with a good chance of 50 bps by June, according to CME\'s FedWatch tool. "The Fed is trying to convince the markets that it could still raise rates," said Joseph Trevisani, senior analyst at FXStreet.com. "I think the markets think everything\'s done, but the fact that the Fed is willing to go on about this is giving everybody pause." Story continues Investors believe the ECB could deliver its first rate cut by next March. Inflation across the euro zone has fallen more quickly than most anticipated, as evidenced by last Thursday\'s consumer price data. The euro was last down 0.5% to $1.0782. The yuan held steady after Moody\'s decision to cut China\'s credit outlook to "negative" on Tuesday, thanks in part to state-owned banks that were seen swapping yuan for U.S. dollars in the onshore swap market and selling those dollars in the spot market, two sources with knowledge of the matter said. Sterling was $1.258, down 0.4%, while the yen was steady, leaving the dollar at 147.26. The Australian dollar fell 1.03% to $0.6545, well below Monday\'s four-month high, after the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% on Tuesday. In cryptocurrencies, bitcoin was up 4.31% at $43,794, its highest since April 2022. The world\'s largest cryptocurrency has gained 150% this year, fuelled in part by optimism that a U.S. regulator will soon approve exchange-traded spot bitcoin funds (ETFs). (Reporting by Hannah Lang in Washington; Additional reporting by Amanda Cooper in London and Rae Wee in Singapore; Editing by Frances Kerry, Bernadette Baum and Chizu Nomiyama)', '(Bloomberg) -- Rockstar Games Inc. unveiled the first trailer for Grand Theft Auto VI a day early, after the video was leaked online.\nMost Read from Bloomberg\n• Apps That Use AI to Undress Women in Photos Soaring in Use\n• The Record Rush to Buy a Rolex or a Patek Philippe Is Over\n• Carlyle’s Rubenstein Is in Talks to Acquire Baltimore Orioles\n• Americans Rush to Portugal Ahead of Changes to Expat Tax Breaks\n• Hunter Biden Indicted in Tax Case as White House Woes Mount\nThe video features car crashes, alligators and scantily-dressed men and women cavorting around a fictional version of Miami, all to the sound of Tom Petty’s thumping song Love Is a Long Road. It introduces a protagonist duo of a modern-age Bonnie and Clyde, with a heavy dose of social media and online streaming potentially part of the gameplay.\nGTA VI will be released in 2025 for PlayStation and Xbox systems, according to a statement from Rockstar’s parent company Take-Two Interactive Software Inc. Previous entries in the series have been available on PC and other platforms, though those may potentially come later.\nHere’s a look back at the title’s history and why it’s among the most hotly anticipated events on the video-game industry’s calendar. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $809,970,456,262 - Hash Rate: 466191610.9285027 - Transaction Count: 514962.0 - Unique Addresses: 674260.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Securities and Exchange Commission's dogged fight to stop a Bitcoin ETF ended with a whimper on Friday, when the clock ran out for the agency to appeal a key court ruling. This makes it all but certain that a Bitcoin ETF will hit the markets in a relatively short time—the crypto analyst gnomes at Bloomberg gave 90% odds that a product will debut by Jan. 10. The agency's decision not to appeal the August court ruling in Grayscale v. SEC most likely didn't come about because Chair Gary Gensler had a change of heart. Instead, the reason for the SEC folding its cards probably lies in the fact that its legal resources are already stretched thin in light of Gensler's campaign against crypto—and because the three judges in the case totally shredded the SEC's rationale for denying the ETF in the first place. The upshot is that a long-awaited Bitcoin ETF is coming to U.S. shores sooner than later, and that an Ethereum one will likely arrive not long after that. What is less clear is what company will offer it and what this development will mean for long-slumping crypto markets. As Fortune has reported in detail, Grayscale has been the face of the legal fight to push the SEC to green light a Bitcoin ETF, which have been available for years in Europe and Canada. But as the court proceedings began to look more favorable for Grayscale, some of the biggest names in finance—most notably BlackRock and Fidelity— filed applications to offer one too. Given that it would be safer in terms of optics for the SEC to give the prize to a familiar name from traditional finance, it wouldn't be a surprise if Gensler processes the applications in a way that lets someone like BlackRock go first. The more intriguing question, though, is the second one—what a long-awaited ETF means for the crypto markets. For years, the crypto industry has hyped the impending arrival of institutional money as a game changer that will turbo charge the markets by bringing in billions of dollars of new capital and drive up prices. I think there is something to this argument and, in the context of the impending ETF, it's easy to imagine giant asset managers nudging their numerous clients to add a small slice of Bitcoin to their portfolios. Story continues A troubling thought for the industry, though, is what if this doesn't happen? What if the door to institutional money finally swings open but few people choose to walk through it? For months now, crypto prices have scuffled along at respectable levels—Bitcoin is up 75% since the start of the year—but volumes have dropped to levels not seen in years. This has created the impression that crypto is passé and shaken the confidence of some in the industry. A big ETF-fueled price rally would turn this narrative around in a hurry and provide some much-needed enthusiasm—but if no rally materializes, the pressure will only grow for the crypto industry to prove that current conditions are about to change. Jeff John Roberts [email protected] @jeffjohnroberts This story was originally featured on Fortune.com... - Reddit Posts (Sample): [['u/TheGreatMuffin', 'The European Commission (EC) is about to take a draconian and unscientific stance towards Bitcoin that can not only pave the way for an EU mining ban, but could have far-reaching consequences for the entire global Bitcoin community. Links to resources and actionable advice inside', 266, '2023-12-05 01:35', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/', '*Converted from Twitter, original [here](https://twitter.com/DSBatten/status/1731806907860758612)*. \n\nPlebs, Bitcoin miners, human rights defenders unite! \n\nThe European Commission (EC) is about to take a draconian and unscientific stance towards Bitcoin that can not only pave the way for an EU mining ban, but could have far-reaching consequences for the entire global Bitcoin community. \n\nContext: The EC is developing a methodology to calculate and mitigate the environmental impact of Bitcoin. It includes a proposal to measure all crypto-assets resource consumption "per transaction", and only evaluates the negative impact of Bitcoin using a suite of suite of reports that have ben financially backed by Central Banks and Ripple Corporation. This is a nonsense metric that was been previously debunked by Cambridge University in 2018. \n\nThe fact that the EC have ignored both the science, and the sea-change in the Bitcoin ESG narrative this year shows that their intentions have nothing to do with sustainability, and everything to do with protecting intrenched interests who could be disrupted by Bitcoin. If the EC wins, BTC will be officially labelled "an environmentally harmful asset that undermines sustainability goals for the EU". \n\nIt will also enshrine the ECs right to use bogus-metrics to evaluate environmental impact, while ignoring quality peer-reviewed research showing the positive environmental externalities of Bitcoin. \n\nThey will then promote this standards/labelling globally. \n\n**What can you do?** \n\n* Send a draft of 1-5 pages to [@jardemalie](https://twitter.com/jardemalie) or [@lyudakozlovska](https://twitter.com/lyudakozlovska) using succinct objective language and evidence, by THIS FRIDAY 7 DEC or email: [email protected] \n\nIn your submission, highlight: \n\n✅ why and how Bitcoin can be a net-benefit to the environment \n✅ point out that a framework which only evaluate only negative externalities of a technology is incomplete, unobjective/ unscientific \n✅ cite high quality references. Show examples of how Bitcoin mining can help meet the EUs sustainability goals (for example: WOSTP has already written that "vented methane based crypto-asset mining is more likely to help than hinder the US Govts climate objectives") \n❌ DO NOT "it\'s energy use is justified because", "Other assets use more energy", or debating whether climate change is occurring or use language that personally attacks any one \n✅ DO highlight that every technology initially has a carbon footprint, use evidence to show that emissions are not increasing and that there is a realistic chance Bitcoin can become the first industry to fully mitigate emissions without offsets, point out known limitations in current models, use your own examples of Bitcoin\'s positive environmental impact that are less known \n✅ Retweet this message, and mobilize other honeybadgers \n\nCurrently, the EU relies on reports like this: https://www.greenpeace.org/usa/wp-content/uploads/2023/07/Bitcoin-Final.pdf. Counter these claims, showing evidence of where they are provably false, misleading due to missing context, inaccurate, or no-longer-true. \n\nNow is the time to channel your time, passion, and brain into defending freedom. We do not have the resources, the entrenched powers, the ability to spread FUD widely through mainstream news channels that the opponents of Bitcoin do. We don\'t agree on everything as Bitcoiners. But we all agree on one thing: that is the need for a global currency together with global mining that cannot be centrally controlled, attacked, manipulated and suppressed. \n\nToday\'s the day to fight for the continuation of that freedom. \n\nOriginal EU Report on Bitcoin which contains ample examples of statements you can rebut\nhttps://europarl.europa.eu/RegData/etudes/STUD/2023/740083/IPOL_STU(2023)740083_EN.pdf \n\nHere\'s some examples of: \n\n1. Evidence of bias in mainstream bitcoin environmental impact reporting: https://batcoinz.com/a-tale-of-two-articles/ \n\n2. Positive benefits of Bitcoin mining water security: https://batcoinz.com/how-bitcoin-can-help-nations-out-of-water-scarcity/ \n\n3. Limitations in current models of Bitcoin environmental impact: https://batcoinz.com/the-bitcoin-facts-that-every-esg-investment-committee-should-know/ \n\n4. How to do an evidenced-based rebuttal: https://batcoinz.com/rebuttal-of-greenpeacusa-report-on-bitcoin/ \n\n5. Contextualized data that challenges existing and incomplete models with known limitations: https://batcoinz.com/comparing-bitcoin-mining-to-other-industries-energy-mix/ \n\n\n6. How Bitcoin helps Methane Mitigation: https://batcoinz.com/50-landfills-mining-bitcoin-a-zero-emission-bitcoin-network/ \n\n7. A more up-to-date model than Cambridges\' (also the one that Bloomberg Intelligence now use instead of Cambridge\'s model which is both incomplete and 23 months out of date): https://batcoinz.com/beest/', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/', '18az3za', [['u/ItsTrueExceptTheLies', 30, '2023-12-05 02:58', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1g9xg/', ' Back to medieval times for you Europe', '18az3za'], ['u/Disastrous-Dinner966', 12, '2023-12-05 03:08', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1hl2u/', 'Lol, this is pretty wild. Progressive politics ruins literally everything.', '18az3za'], ['u/SpaceToadD', 70, '2023-12-05 03:31', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1kz1r/', 'You are doing gods work OP. Keep rolling.', '18az3za'], ['u/TheGreatMuffin', 56, '2023-12-05 03:34', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1ldi2/', "That's all Daniel Batten's work, I just converted his tweet into this reddit post. The articles is also his writing, he's doing a really good job.", '18az3za'], ['u/jamesblacklock', 26, '2023-12-05 03:35', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1lgei/', "Obviously they can't ban all mining, but they *can* make it illegal and then go after large mining operations. Then again, China did the same things and all it did was increase decentralization. Not really an issue, IMO.", '18az3za'], ['u/Normal-Jelly607', 14, '2023-12-05 03:44', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1mr90/', 'The definition of anti-fragile', '18az3za'], ['u/TheGreatMuffin', 13, '2023-12-05 04:06', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1pvi3/', 'They also can make mining uneconomical by introducing unfair taxation ("carbon credits - think of the climate!"), require some sort of permission from individuals or corporations interested in mining, etc etc. Don\'t overestimate the tools of bureaucracy! It doesn\'t have to be outright ban/verbot. \n\nDon\'t get me wrong, bitcoin will obviously survive this and I am all for letting bitcoin\'s antifragile property shine underground (which imo is not unlikely anyway), but I\'d rather have a peaceful solution before it comes to that.', '18az3za'], ['u/TheGreatMuffin', 24, '2023-12-05 05:05', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1xtpv/', "Bitcoin doesn't care obviously, people do though. No need to endanger individuals interested in bitcoin mining, as long as we can avoid that. \n\nhttps://old.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc1pvi3/", '18az3za'], ['u/typtyphus', 14, '2023-12-05 07:36', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc2dt51/', 'did you include the Greenpeace bribe?', '18az3za'], ['u/predatarian', 11, '2023-12-05 09:03', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc2kpzv/', 'The EU has made itself dependant on hostile nations for its energy needs.\n\nSo of course they are going to fight an energy based currency.\n\nLies are their only available weapon so they will use them.', '18az3za'], ['u/Ima_Wreckyou', 14, '2023-12-05 09:08', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc2l5du/', "Projecting your US politics on this doesn't help", '18az3za'], ['u/BuscadorDaVerdade', 12, '2023-12-05 09:26', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc2mdxx/', "What's progressive about being an overregulated statist shithole?\nBitcoin is progress.", '18az3za'], ['u/Bitcoin_Maximalist', 23, '2023-12-05 09:37', 'https://www.reddit.com/r/Bitcoin/comments/18az3za/the_european_commission_ec_is_about_to_take_a/kc2n81b/', "Bitcoin's Green Revolution: A Catalyst for Sustainable Energy Development\n\nThe intersection of financial technology and environmental sustainability has given rise to compelling possibilities, with Bitcoin emerging as a potential catalyst for the development of green energy. In this essay, we explore the reasons why Bitcoin has the potential to contribute significantly to the advancement of clean and renewable energy sources.\n\nDecentralization and Energy Efficiency:\n\nOne of Bitcoin's key features is its decentralized nature, facilitated by blockcha... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Investing Tools BlackRock Inc. , the world’s largest asset manager, received at least $100,000 in seeding from an unknown investor as the seasoned Wall Street player moves toward launching a much-anticipated spot bitcoin ETF. The company disclosed in its most recent amendment to its S-1 filing on Dec. 4 with the Securities and Exchange Commission that an investor agreed to pay the firm $100,000 in seed funding for the potential spot bitcoin ETF product. According to the filing, the investor “took delivery” of 4,000 shares at a price of $25 per seed share. The SEC now allows ETFs that track bitcoin and ethererum futures contracts, but to this point, it has blocked ETFs that track physically backed bitcoin. Yet after it lost a watershed lawsuit to Grayscale Investments Inc. in late August, the SEC has been working with a group of 13 firms to move their applications for a spot bitcoin ETF forward. Spot Bitcoin ETF Applications The price of bitcoin has skyrocketed this year. It was recently trading at nearly $44,800, up 4.6% in the past 24 hours, as anticipation for the passage of a spot bitcoin has reached a fever pitch among eager cryptocurrency investors. While applicants for a spot bitcoin ETF include cryptocurrency specialist firms such as Bitwise Asset Management Inc. , traditional investment firms such as BlackRock, Fidelity and Franklin Templeton have also entered the race , potentially opening the crypto market to more institutional investors. In its latest filing, BlackRock gave\xa0updates and risk disclosures related to ETF pricing, security and regulatory compliance. Bloomberg analysts have given the odds of an early January approval a 90% chance. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved View comments', 'BlackRock Inc., the world’s largest asset manager, received at least $100,000 in seeding from an unknown investor as the seasoned Wall Street player moves toward launching a much-anticipated spotbitcoinETF.\nThe company disclosed in its most recent amendment to itsS-1 filingon Dec. 4 with theSecurities and Exchange Commissionthat an investor agreed to pay the firm $100,000 in seed funding for the potential spot bitcoin ETF product. According to the filing, the investor “took delivery” of 4,000 shares at a price of $25 per seed share.\nThe SEC now allows ETFs that track bitcoin andethererumfutures contracts, but to this point, it has blocked ETFs that track physically backed bitcoin. Yet after it lost a watershed lawsuit to Grayscale Investments Inc. in late August, the SEC has been working with a group of 13 firms to move their applications for a spot bitcoin ETF forward.\nThe price of bitcoin has skyrocketed this year. It was recently trading at nearly $44,800, up 4.6% in the past 24 hours, as anticipation for the passage of a spot bitcoin has reached a fever pitch among eagercryptocurrencyinvestors.\nWhile applicants for a spot bitcoin ETF include cryptocurrency specialist firms such asBitwise Asset Management Inc., traditional investment firms such as BlackRock,FidelityandFranklin Templetonhave also entered the race , potentially opening the crypto market to more institutional investors.\nIn its latest filing, BlackRock gave\xa0updates and risk disclosures related to ETF pricing, security and regulatory compliance.\nBloomberg analysts have given the odds of an early January approval a 90% chance.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'BlackRock Inc., the world’s largest asset manager, received at least $100,000 in seeding from an unknown investor as the seasoned Wall Street player moves toward launching a much-anticipated spotbitcoinETF.\nThe company disclosed in its most recent amendment to itsS-1 filingon Dec. 4 with theSecurities and Exchange Commissionthat an investor agreed to pay the firm $100,000 in seed funding for the potential spot bitcoin ETF product. According to the filing, the investor “took delivery” of 4,000 shares at a price of $25 per seed share.\nThe SEC now allows ETFs that track bitcoin andethererumfutures contracts, but to this point, it has blocked ETFs that track physically backed bitcoin. Yet after it lost a watershed lawsuit to Grayscale Investments Inc. in late August, the SEC has been working with a group of 13 firms to move their applications for a spot bitcoin ETF forward.\nThe price of bitcoin has skyrocketed this year. It was recently trading at nearly $44,800, up 4.6% in the past 24 hours, as anticipation for the passage of a spot bitcoin has reached a fever pitch among eagercryptocurrencyinvestors.\nWhile applicants for a spot bitcoin ETF include cryptocurrency specialist firms such asBitwise Asset Management Inc., traditional investment firms such as BlackRock,FidelityandFranklin Templetonhave also entered the race , potentially opening the crypto market to more institutional investors.\nIn its latest filing, BlackRock gave\xa0updates and risk disclosures related to ETF pricing, security and regulatory compliance.\nBloomberg analysts have given the odds of an early January approval a 90% chance.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', "(Bloomberg) -- Huawei Technologies Co. is among a field of \x93very formidable\x94 competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company\x92s chief. Most Read from Bloomberg Bitcoin\x92s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000 Stocks Make Cautious Start to Event-Packed Week: Markets Wrap Harvard Under Heightened Pressure After Penn Leaders Ousted Biden\x92s Support of Israel Alienates More Democrats in New Poll Huawei, Intel Corp. and an expanding group of semiconductor startups pose a stiff challenge to Nvidia\x92s dominant position in the market for artificial intelligence accelerators, Chief Executive Officer Jensen Huang told reporters in Singapore on Wednesday. Shenzhen-based Huawei has grown into China\x92s de-facto chip tech champion and returned to the spotlight this year with a surprisingly advanced made-in-China smartphone processor. \x93We have a lot of competitors, in China and outside China,\x94 Huang said. \x93Most of our competitors don\x92t really care where I am. They want to compete with us everywhere we go.\x94 Questions about China were prominent during Huang\x92s visit to Singapore, where he\x92s meeting Prime Minister Lee Hsien Loong to discuss the city-state\x92s strategy to compete in the global AI race. Nvidia\x92s chips have become the hottest commodity in the AI boom, as they provide the most efficient method for training large data models like the one underpinning ChatGPT. But the US has raised barriers on their sale to China, further tightening China\x92s access to Nvidia\x92s AI chips in mid-October. \x93We cannot let China get these chips. Period,\x94 Commerce Secretary Gina Raimondo said last Saturday. Read more: Raimondo Says Commerce Needs More Money to Halt China Chip Drive China has historically accounted for about 20% of Nvidia sales, Huang said on Wednesday, and the company will continue to adhere with trade regulations \x93perfectly.\x94 He has to navigate increasingly challenging US-China trade tensions that have targeted Nvidia\x92s AI chips as strategically important in the balance of power between the world\x92s two leading economies. Nvidia will deliver a new set of products for the Chinese market that\x92s in line with the latest rules coming from Washington, the 60-year-old executive added. Story continues Santa Clara, California-based Nvidia does serve Chinese customers in Singapore, Huang said. Among the biggest Chinese firms with a presence there are ByteDance Ltd., whose TikTok business is a major employer locally, as well as the international cloud operations of Tencent Holdings Ltd. and Alibaba Group Holding Ltd. Sales to customers in the city, including Chinese firms, accounted for about 15% of Nvidia\x92s revenue in the three months ended in October, according to a regulatory filing. Read more: Singapore Sees $77 Billion Digital Economy as Key to More Growth Singapore sees the expansion of its digital economy as instrumental to stimulating broader growth. It hosts less-advanced chipmaking factories operated by Globalfoundries Inc. and other global players. Nvidia\x92s go-to maker of AI accelerators Taiwan Semiconductor Manufacturing Co. and NXP Semiconductors NV also run a joint venture in the country. Taiwan-born Huang co-founded Nvidia in the mid-1990s and is now treated to a hero\x92s welcome upon his return to Asia, following his company\x92s jump into the trillion-dollar stratosphere. Before meeting the Singapore PM, he was in Tokyo to meet Economy Minister Yasutoshi Nishimura and talk up Japan\x92s potential to build out a domestic AI ecosystem. Most Read from Bloomberg Businessweek How the Biggest Boutique Fitness Company Turned Suburban Moms Into Bankrupt Franchisees Salesforce Signals the Golden Age of Cushy Tech Jobs Is Over Hottest Job in US Pays $80,000 a Year, No College Degree Needed At World Central Kitchen, José Andrés Is in the Middle of a Mess Argentina's New Libertarian Leader Softens His Economic Radicalism ©2023 Bloomberg L.P.", "(Bloomberg) -- Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief.\nMost Read from Bloomberg\n• Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000\n• Stocks Make Cautious Start to Event-Packed Week: Markets Wrap\n• Harvard Under Heightened Pressure After Penn Leaders Ousted\n• Biden’s Support of Israel Alienates More Democrats in New Poll\nHuawei, Intel Corp. and an expanding group of semiconductor startups pose a stiff challenge to Nvidia’s dominant position in the market for artificial intelligence accelerators, Chief Executive Off **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $856,932,300,906 - Hash Rate: 459435210.7701186 - Transaction Count: 467795.0 - Unique Addresses: 642605.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The $4.3 billion pact Binancereached with US authorities this weekcreates new complications for the world’s largest cryptocurrency exchange. But crypto enthusiasts are breathing an audible sigh of relief, saying the deal lifts a lot of the uncertainty hanging over their industry. "It's nice to wake up in crypto and not worry about what will happen with Binance," Matt Hougan, chief investment officer at crypto asset manager Bitwise, said on X, formerly known as Twitter. "2024-2025 is going to be so great." The settlement, JPMorgan Chase analysts added in a note, ends "potential systemic risk emanating from a hypothetical Binance collapse." Michael Safai, a partner with crypto trading firm Dexterity Capital, argued the Binance "resolution means a path forward for crypto and confidence that the asset class won’t be enforced out of existence." The movement in cryptocurrencies and related stocks in the aftermath of the Binance announcement showed that investors largely shared that optimism. Binance’s own crypto token BNB (BNB-USD) was down 13% in the hours after its settlement was announced — an illustration of its many remaining challenges now that it is under tighter government scrutiny — but then recovered on Wednesday as the prices of other currencies stabilized. Bitcoin (BTC-USD), the world’s largest cryptocurrency, was up 1% in the 24 hours after the Binance announcement, while ether, the second-largest digital currency (ETH-USD), was up more than 4%. The stock of another big crypto exchange, Coinbase (COIN), also rose more than 3% Wednesday on possible expectations that it may prove to be a beneficiary of Binance's troubles. The bull case for crypto is that the worst of its problems are now in the rearview mirror. Bitcoin peaked at $68,789 in November 2021 but then crashed in 2022 as the Federal Reserve began raising interest rates and a series of firms imploded, including crypto exchange FTX in November 2022. A widespread crackdown on the crypto industry followed. Regulators sued a number of big players, including Coinbase and Binance. Earlier this montha jury convicted FTX founder Sam Bankman-Fried of defrauding customers, lenders, and investors. Now investors are newly optimistic that the industry is poised for wider acceptance and regulatory clarity from Washington. They are hoping the Securities and Exchange Commission will soon grant approval for a spot bitcoin ETF, which would allow investors to get exposure to the cryptocurrency without having to own it. BlackRock (BLK) is among the big-name money managers that have recently applied to launch such a product. Grayscale Investments is also pushing the SEC to sign off on the conversion of its bitcoin trust into a spot bitcoin exchange-traded fund following an August decision in its favor from a three-judge panel of the District of Columbia Court of Appeals. The panel concludedthe SEC had been "arbitrary and capricious" when it denied Grayscale'sconversion application in 2022. The next official milestone where the SEC must accept or reject approval for a spot bitcoin ETF is Jan. 10, although the SEC could approve applications sooner. There are some reasons for investors to be cautious, however. The SEC still has a series of lawsuits pending against some of the biggest names in the industry, including Binance and Coinbase, as it tries to force more players to register with the regulatory agency and classify digital assets as securities. And the fact that Binance now has to operate with so much government scrutiny will certainly hamper what remains the industry’s largest crypto exchange. It is "the end of an era," said Yiannis Giokas, senior director of digital assets at Moody’s Analytics. "With digital currencies becoming more mainstream and institutional players entering the space, regulations and enforcement will become stricter to ensure compliance and consumer protection." The Binance pact with US authorities "marks the same inflection point that we saw earlier at the intersection of the dot-com and post-dot-com eras," Giokas added. Binance pleaded guilty to criminal charges relating to money laundering, conducting an unlicensed money transmitting business, and sanctions violations. Its CEO Changpeng Zhao agreed to step down, plead guilty to violating anti-money laundering requirements, and pay a $50 million fine, while retaining majority control of the exchange. Binance will also pay the largest fine any crypto firm has had to pay — $4.3 billion to various US government agencies — and operate with an independent compliance monitor for three years to ensure it meets its plea agreement terms. While the full terms of its agreement with the US haven’t yet been unsealed, they are "likely onerous, robust and extraordinarily invasive," John Reed Stark, a legal consultant and former SEC enforcement attorney, said over X, formerly Twitter. What is known is that Binance now must review and report on billions of dollars' worth of transactions it facilitated for suspicious activity, including $898 million in trades between US users and sanctioned users based in Iran. The mandate also entails Binance’s full cooperation "in any and all matters" related to the agreement or "any other conduct under investigation by the government" during the agreement period. This will also likely become "increasingly burdensome, cumbersome and challenging" for the firm, according to Stark. Its new CEO, Richard Teng, faces no small amount of challenges in charting a new direction for the company while correcting for past legal violations. In the first 24 hours following the government's announcement, customers pulled a net $695 million from Binance, according todatacompiled by 21Shares. That was significantly higher than Binance’s average daily withdrawals yet far from the largest since the beginning of 2023. Traders view the Binance deal as the "industry finally turning a corner" and putting "to rest one of the lingering questions for crypto in 2023," said Dexterity’s Safai. As for the future, "be prepared for a slower, more sustained pace of growth in crypto," he added. David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto and other areas in finance. 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... - 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 trader works on the floor at the NYSE in New York Reuters US stocks ended lower Wednesday as traders took in soft private jobs data. Bond yields ticked lower as investors priced in lower interest rates in the economy. Meanwhile, oil prices plunged, with Brent and WTI crude both shedding around 4%. US stocks ended lower on Wednesday as investors took in soft private payrolls data and looked ahead to highly anticipated November jobs report, which is set to be released this Friday. Bond yields fell as investors priced in lower interest rates amid data showing the economy may be softening and that the Federal Reserve could soon cut interest rates. Oil prices plunged as the US saw a rise in gas inventories compared to the prior week, with US oil prices closing below $70 a barrel for the first time since June. Brent crude, the international benchmark, fell 4% to trade around $74.32 a barrel. Private companies hired less than expected last month, adding 103,000 jobs in November, ADP reported. That\'s lower than the expected 128,000 — a sign that the labor market could be cooling and the Fed could have a reason to dial back its interest rate hikes in the economy. Comerica Bank predicted that payrolls will cool to 110,000 in the government\'s November jobs report, while unemployment would tick higher to 4%. Markets also remain optimistic over the prospect of Fed rate cuts in 2024. Investors are pricing in a 60% chance the Fed could trim interest rates by March of next year, according to the CME FedWatch tool. Meanwhile, the yield on the 10-year Treasury eased four basis points, trading around 4.12% Wednesday afternoon. "The softer turn of recent labor market releases reduces the risk that inflation pressures revive due to wage-price issues, making it easier for the Fed to pivot to rate cuts in 2024," Comerica chief economist Bill Adams said in a statement. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday: S&P 500 : 4,549.34, down 0.39% Dow Jones Industrial Average : 36,054.43, down 0.19% (-70.13 points) Story continues Nasdaq Composite : 14,146.71, down 0.58% Here\'s what else is going on today: Oil prices are crashing . Blame uncertain demand and booming US production. An early Santa Claus rally has come for crypto . America\'s "free lunch" attitude about its debt will change as it faces higher-for-longer interest rates for the next decade, a Harvard economist said. Saudi Arabia just trimmed oil prices for Asian customers as booming US exports add competition. In commodities, bonds, and crypto: West Texas Intermediate crude oil plummeted 4.05% to $69.39 a barrel. Brent crude , the international benchmark, fell 3.57% to $74.30 a barrel. Gold ticked 0.42% higher $2,027.8 per ounce. The 10-year Treasury yield dropped four basis points to 4.123%. Bitcoin edged 0.57% higher to $44,023. Read the original article on Business Insider', '• US stocks ended lower Wednesday as traders took in soft private jobs data.\n• Bond yields ticked lower as investors priced in lower interest rates in the economy.\n• Meanwhile, oil prices plunged, with Brent and WTI crude both shedding around 4%.\nUS stocks ended lower on Wednesday as investors took in soft private payrolls data and looked ahead to highly anticipated November jobs report, which is set to be released this Friday.\nBond yields fell as investors priced in lower interest rates amid data showing the economy may be softening and that the Federal Reserve could soon cut interest rates.\nOil prices plungedas the US saw a rise in gas inventories compared to the prior week, with US oil prices closing below $70 a barrel for the first time since June. Brent crude, the international benchmark, fell 4% to trade around $74.32 a barrel.\nPrivate companies hired less than expected last month, adding 103,000 jobs in November, ADP reported. That\'s lower than the expected 128,000 — a sign that the labor market could be cooling and the Fed could have a reason to dial back its interest rate hikes in the economy.\nComerica Bank predicted that payrolls will cool to 110,000 in the government\'s November jobs report, while unemployment would tick higher to 4%.\nMarkets also remain optimistic over the prospect of Fed rate cuts in 2024. Investors are pricing in a 60% chance the Fed could trim interest rates by March of next year, according to the CME FedWatch tool. Meanwhile, the yield on the 10-year Treasury eased four basis points, trading around 4.12% Wednesday afternoon.\n"The softer turn of recent labor market releases reduces the risk that inflation pressures revive due to wage-price issues, making it easier for the Fed to pivot to rate cuts in 2024," Comerica chief economist Bill Adams said in a statement.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500:4,549.34, down 0.39%\n• Dow Jones Industrial Average:36,054.43, down 0.19% (-70.13 points)\n• Nasdaq Composite:14,146.71, down 0.58%\nHere\'s what else is going on today:\n• Oil prices are crashing. Blame uncertain demand and booming US production.\n• An early Santa Claus rally has come for crypto.\n• America\'s "free lunch" attitude about its debtwill change as it faces higher-for-longer interest rates for the next decade, a Harvard economist said.\n• Saudi Arabia just trimmed oil pricesfor Asian customers as booming US exports add competition.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil plummeted 4.05% to $69.39 a barrel.Brent crude, the international benchmark, fell 3.57% to $74.30 a barrel.\n• Goldticked 0.42% higher $2,027.8 per ounce.\n• The 10-year Treasury yield dropped four basis points to 4.123%.\n• Bitcoinedged 0.57% higher to $44,023.\nRead the original article onBusiness Insider', "Bitcoin (BTC)'s recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months,accordingto financial data firm S3 Partners. The rally began on September 11, when Bitcoin hit a three-month low of $25,152, and since then, the coin has surged by an impressive 75% to its current price of $43,975. This unexpected rise has caught short sellers off guard.\nCrypto stocks, such as Coinbase and MicroStrategy, tend to correlate with the broader crypto market and have experienced significant gains due to Bitcoin's improving fortunes. Coinbase stock alone has surged by 51% in the past month, reaching $143.63. Meanwhile, MicroStrategy, which holds approximately $6.6 billion worth of Bitcoin, has seen an 82% increase since October, with its stock now valued at $568.88.\nAs a result of these substantial upswings, short sellers of crypto stocks have incurred losses of $2.656 billion over the past three months. More than half of these losses were generated from shorting Coinbase stock, with an additional 25% arising from shorting MicroStrategy stock.\nShort sellers in the crypto market have experienced significant losses since January, totaling around $6.05 billion. The situation worsened on Tuesday when they lost over $387 million in just 24 hours, setting the stage for a potential short squeeze where struggling short sellers purchase stocks to cover their losses, further driving up stock prices.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Bitcoin (BTC)'s recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months,accordingto financial data firm S3 Partners. The rally began on September 11, when Bitcoin hit a three-month low of $25,152, and since then, the coin has surged by an impressive 75% to its current price of $43,975. This unexpected rise has caught short sellers off guard.\nCrypto stocks, such as Coinbase and MicroStrategy, tend to correlate with the broader crypto market and have experienced significant gains due to Bitcoin's improving fortunes. Coinbase stock alone has surged by 51% in the past month, reaching $143.63. Meanwhile, MicroStrategy, which holds approximately $6.6 billion worth of Bitcoin, has seen an 82% increase since October, with its stock now valued at $568.88.\nAs a result of these substantial upswings, short sellers of crypto stocks have incurred losses of $2.656 billion over the past three months. More than half of these losses were generated from shorting Coinbase stock, with an additional 25% arising from shorting MicroStrategy stock.\nShort sellers in the crypto market have experienced significant losses since January, totaling around $6.05 billion. The situation worsened on Tuesday when they lost over $387 million in just 24 hours, setting the stage for a potential short squeeze where struggling short sellers purchase stocks to cover their losses, further driving up stock prices.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Bitcoin's Rally Crushes Crypto Stocks Short Traders, Resulting in $2.6B in Losses Over Last 3 Months Bitcoin (BTC) 's recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months, according to financial data firm S3 Partners. The rally began on September 11, when Bitcoin hit a three-month low of $25,152, and since then, the coin has surged by an impressive 75% to its current price of $43,975. This unexpected rise has caught short sellers off guard. Crypto stocks, such as Coinbase and MicroStrategy, tend to correlate with the broader crypto market and have experienced significant gains due to Bitcoin's improving fortunes. Coinbase stock alone has surged by 51% in the past month, reaching $143.63. Meanwhile, MicroStrategy, which holds approximately $6.6 billion worth of Bitcoin, has seen an 82% increase since October, with its stock now valued at $568.88. As a resu **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $860,722,110,400 - Hash Rate: 388493009.1070856 - Transaction Count: 372050.0 - Unique Addresses: 647634.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Swan Bitcoin announced new restrictions today regarding user accounts interacting with cryptocurrency mixing services. In an email sent to users, Swan Bitcoin stated that accounts depositing or withdrawing Bitcoin directly from mixing services may be terminated. The company cited pressure from its banking and custodial partners as the reason for this policy change. Swan Bitcoin's partners are responding to a recentproposalfrom the Financial Crimes Enforcement Network (FinCEN) that would require regulated financial institutions to report any transactions associated with mixing services. FinCEN claims mixing services help facilitate money laundering by criminals. Swan Bitcoin CTO and co-founder Yan Pritzker acknowledged the company favors coin-mixing services. However, he said Swan must comply with its partners' requirements to be able to process fiat currency deposits and withdrawals for customers. Some members of the crypto community have voiced outrage over Swan's policy shift. Samourai Wallet, which offers mixing features, criticized Swan for enforcing a proposal not yet set into law. Swan's move comes as US regulators ramp up pressure against mixing services.... - 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 Investing Tools As anticipation builds for cryptocurrency exchange-traded funds, the Securities and Exchange Commission has delayed approval of Grayscale Investments' spot ether ETF, pushing the next deadline to early next year. The SEC pushed back its decision until mid-January, according to a filing released Dec. 5. In mid-November, the agency punted on Grayscale’s request to launch an ether futures ETF. Grayscale filed to convert its Grayscale Ether Trust into an ETF in early October as part of the company’s push to build a line of spot digital-asset ETFs. “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC’s notice said. While the SEC has allowed ETFs that track bitcoi n and\xa0ether futures, the agency has thus far delayed and blocked all bids for spot ETF applications—much to the frustration of the industry and investors. The agency is considering about a dozen spot bitcoin filings from firms such as BlackRock Inc. and Fidelity Investments . A turning point in the bid for a spot bitcoin ETF came when Grayscale won a watershed lawsuit against the SEC in late August, in which the U.S. Court of Appeals ruled unanimously that the agency was wrong to block Grayscale’s application to cinvert its bitcoin trust product into an ETF. Grayscale Spot Bitcoin ETF Yet when the SEC will finally greenlight Grayscale’s spot ether ETF remains unclear. The company has been working with the SEC to refine its\xa0filing to convert its Grayscale Bitcoin Trust (GBTC). A bunch of applications are in the final stages, according to Reuters. The GBTC discount, which is one measure used to gauge investor sentiment about a spot bitcoin ETF approval, is hovering at about 11%. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved", "As anticipation builds forcryptocurrencyexchange-traded funds, theSecurities and Exchange Commissionhas delayed approval of Grayscale Investments' spotetherETF, pushing the next deadline to early next year.\nThe SEC pushed back its decision until mid-January, according to a filing released Dec. 5. In mid-November, the agency punted onGrayscale’srequest to launch an ether futures ETF. Grayscalefiled to convertits Grayscale Ether Trust into an ETF in early October as part of the company’s push to build a line of spot digital-asset ETFs.\n“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC’s notice said.\nWhile the SEC has allowed ETFs that trackbitcoin and\xa0ether futures, the agency has thus far delayed and blocked all bids for spot ETF applications—much to the frustration of the industry and investors. The agency is considering about a dozen spot bitcoin filings from firms such asBlackRock Inc.andFidelity Investments.\nA turning point in the bid for a spot bitcoin ETF came when Grayscale won a watershed lawsuit against the SEC in late August, in which the U.S. Court of Appeals ruled unanimously that the agency was wrong to block Grayscale’s application to cinvert its bitcoin trust product into an ETF.\nYet when the SEC will finally greenlight Grayscale’s spot ether ETF remains unclear. The company has been working with the SEC to refine its\xa0filing to convert itsGrayscale Bitcoin Trust (GBTC). A bunch of applications are in the final stages, according to Reuters.\nThe GBTC discount, which is one measure used to gauge investor sentiment about a spot bitcoin ETF approval, is hovering at about 11%.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved", 'By Tom Westbrook SINGAPORE, Dec 8 (Reuters) - Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging toward its largest weekly gain for five months as investors rushed out of bets on Japanese rates staying low. Beyond Japan MSCI\'s broadest index of Asia-Pacific shares ex Japan rose 0.5% and Treasuries sold slightly. The Nikkei was down 1.6% for a weekly drop of 3.3%. Other moves were more modest as traders wait on U.S. labour data due later in the day. The yen leapt more than 2% on Thursday and was well supported on Friday, though kept below an overnight four-month peak of 141.6 per dollar to trade at 143.39. Bank of Japan Governor Kazuo Ueda told parliament on Thursday the central bank faces an "even more challenging" year ahead before discussing options for exiting its ultra-easy settings, which traders took as a sign of change in the offing. The BOJ is due to set policy rates on Dec. 19. "This may prove to be too soon for large steps to be unveiled, but... we believe it is a matter of when, not if, the BOJ jettisons its negative interest rate regime," said Corpay currency strategist Peter Dragicevich. "This eventual turn and the capital flow implications... underpins our forecasts looking for the \'undervalued\' yen to strengthen over the next year. This is also one of the pillars behind our outlook for the dollar to weaken." Japan\'s bond market remained under heavy pressure, with the 10-year government bond yield up almost 15 basis points in two sessions to 0.79%, although still well below the BOJ\'s soft cap of 1%. Five-year bonds, which suffered their sharpest single-day selloff in a decade on Thursday, with the yield up 10.5 bps, rose another 3.5 bps to 0.375% on Friday. Yields rise when bond prices fall. Data showing Japan\'s economy fell faster than first estimated in the third quarter, as the household sector faced growing headwinds, complicates the central bank\'s outlook. Story continues U.S. jobless claims met expectations, leaving the focus on whether Friday\'s broader payrolls figures will reflect growing signs that the job market is slowing. Overnight the Nasdaq finished 1.4% higher after a 5.3% jump for Google parent Alphabet as markets cheered the launch of its newest AI model. Shares in Australian gas producer Santos were last up 6% on news it was in talks with larger rival Woodside about a merger. Woodside shares fell 1%. In currency trade the yen\'s surge has the dollar index eyeing a slim weekly loss at 103.59. The euro was lower for the week at $1.0785. The Australian dollar, weighed by a slowing economy and traders\' perception that the central bank is turning dovish, was set to snap a three-week winning streak with a 1% drop this week to $0.6607. Brent crude futures touched a five-month low overnight, before recovering slightly to $75.02 a barrel in Asia trade. Oil is set for a 5% fall this week. Gold, having touched a record high early in the week before recoiling, was clinging on at $2,032 an ounce. Bitcoin is eying an eighth consecutive weekly gain on expectations that U.S. interest rates have peaked and anticipation that a bitcoin ETF might be approved. It last bought $43,484.', 'By Tom Westbrook\nSINGAPORE, Dec 8 (Reuters) - Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging toward its largest weekly gain for five months as investors rushed out of bets on Japanese rates staying low.\nBeyond Japan MSCI\'s broadest index of Asia-Pacific shares ex Japan rose 0.5% and Treasuries sold slightly. The Nikkei was down 1.6% for a weekly drop of 3.3%.\nOther moves were more modest as traders wait on U.S. labour data due later in the day.\nThe yen leapt more than 2% on Thursday and was well supported on Friday, though kept below an overnight four-month peak of 141.6 per dollar to trade at 143.39.\nBank of Japan Governor Kazuo Ueda told parliament on Thursday the central bank faces an "even more challenging" year ahead before discussing options for exiting its ultra-easy settings, which traders took as a sign of change in the offing.\nThe BOJ is due to set policy rates on Dec. 19.\n"This may prove to be too soon for large steps to be unveiled, but... we believe it is a matter of when, not if, the BOJ jettisons its negative interest rate regime," said Corpay currency strategist Peter Dragicevich.\n"This eventual turn and the capital flow implications... underpins our forecasts looking for the \'undervalued\' yen to strengthen over the next year. This is also one of the pillars behind our outlook for the dollar to weaken."\nJapan\'s bond market remained under heavy pressure, with the 10-year government bond yield up almost 15 basis points in two sessions to 0.79%, although still well below the BOJ\'s soft cap of 1%.\nFive-year bonds, which suffered their sharpest single-day selloff in a decade on Thursday, with the yield up 10.5 bps, rose another 3.5 bps to 0.375% on Friday. Yields rise when bond prices fall.\nData showing Japan\'s economy fell faster than first estimated in the third quarter, as the household sector faced growing headwinds, complicates the central bank\'s outlook.\nU.S. jobless claims met expectations, leaving the focus on whether Friday\'s broader payrolls figures will reflect growing signs that the job market is slowing.\nOvernight the Nasdaq finished 1.4% higher after a 5.3% jump for Google parent Alphabet as markets cheered the launch of its newest AI model.\nShares in Australian gas producer Santos were last up 6% on news it was in talks with larger rival Woodside about a merger. Woodside shares fell 1%.\nIn currency trade the yen\'s surge has the dollar index eyeing a slim weekly loss at 103.59. The euro was lower for the week at $1.0785.\nThe Australian dollar, weighed by a slowing economy and traders\' perception that the central bank is turning dovish, was set to snap a three-week winning streak with a 1% drop this week to $0.6607.\nBrent crude futures touched a five-month low ove **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $844,869,720,562 - Hash Rate: 456057010.69092655 - Transaction Count: 411456.0 - Unique Addresses: 682971.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Wilson LONDON(Reuters) - The Ethereum blockchain's historical greenhouse gas emissions before a major software upgrade last year were equivalent to the yearly emissions of Honduras, a University of Cambridge study showed on Friday. Blockchains - the digital ledgers that underpin cryptocurrencies - typically consume large amounts of energy as they produce coins and process transactions, drawing criticism from environmentalists and some investors. Yet calculating the environmental impact of the crypto sector is fraught with difficulty, given its relative opacity and lack of centralised data. Global leaders and delegates from nearly 200 countries are gathering for the COP28 climate summit in Dubai, with how to maximise energy efficiency in industry among questions on the agenda. In September 2022, the Ethereum blockchain - which hosts the world's second biggest token ether - underwent a major software upgrade known as the "Merge," which drastically reduced its energy usage. From its launch in 2015 until the Merge, Ethereum's greenhouse gas emissions totalled 27.5 million tonnes carbon dioxide equivalent (MtCO2e), the study showed. Honduras emitted 27.7 MtCO2e in 2020, according to Climate Watch. Under its post-Merge system, Ethereum uses over 99% less energy, developers say. Its current yearly emissions are around 2.8 kilotonnes carbon dioxide equivalent, the study found - around the same as five round-trip flights from London to New York. It is generally thought that blockchain is "a highly emitting technology," said Anna Lerner, executive director at the Ethereum Climate Platform, an organisation that seeks to use blockchain tech to accelerate climate finance. "Ethereum has shown that it doesn't have to be such a polluter," she said. The study is among the most thorough examinations of Ethereum's historical emissions, its author, Alexander Neumueller, research lead for digital assets climate impact at the University of Cambridge, told Reuters. Story continues Bitcoin, in comparison, creates about 73.9 MtCO2e a year, Neumueller said, based on its daily emissions in November 2022. The annual emissions of Bitcoin, the largest blockchain and cryptocurrency, are therefore roughly equivalent to those of Cambodia in 2020, according to Climate Watch. Crypto tokens such as bitcoin and ether remain primarily an investment tool, with little widespread practical usage in business or commerce. (Reporting by Tom Wilson; Editing by Alexandra Hudson)... - Reddit Posts (Sample): [['u/HighTechWalrus', "don't fall for it kids", 125, '2023-12-08 00:04', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/', "Don't fall for Telegram channels offering services like BTC2CashApp flips, selling and mailing you cannabis, selling and mailing you guns, or selling and mailing you cloned cards. I'm an idiot and lost $200 of BTC. Please commence explain to me how and why I'm an idiot, as though I don't know, and I'm not the idiot that lost $200. Thank you and have a good day. My PSA for idiots is over.", 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/', '18d8a67', [['u/User1two9', 83, '2023-12-08 00:17', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfg0t4/', 'Another lesson of "Don\'t fall for this dumb scam"', '18d8a67'], ['u/NoConsideration6320', 15, '2023-12-08 00:22', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfgqat/', 'Yea maybe doa. Charge back on your 200 bucks you got scammed from', '18d8a67'], ['u/HighTechWalrus', 10, '2023-12-08 00:28', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfhpc9/', "I loaded my CashApp with my debit. Then bought the BTC and sent from my CashApp. Don't see how I could get a charge back.", '18d8a67'], ['u/MACP', 43, '2023-12-08 01:21', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfp17z/', 'Think about it, IF they could “flip” why would they need your money?', '18d8a67'], ['u/Chr-whenever', 30, '2023-12-08 01:45', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfseel/', "1. Cashapp doesn't care and won't chargeback\n\n2. He sent bitcoin, there's no getting that back", '18d8a67'], ['u/Backpackkid23', 19, '2023-12-08 01:47', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfsq13/', 'As far as money flips that’s stupid but I have ran into legit weed plugs and they shipped decent weed . You just have to know who’s legit and don’t be too desperate to the point you would buy off of ANYONE', '18d8a67'], ['u/Fuzz_from_the_floor', 10, '2023-12-08 01:51', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcftaas/', 'Hmmm. Try doing a dna from Amazon. This should fix your problems.', '18d8a67'], ['u/StickyHopkins', 69, '2023-12-08 02:35', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcfz84m/', 'Send me $100 of BTC and I will tell you how to get the $200 back', '18d8a67'], ['u/HighTechWalrus', 37, '2023-12-08 02:54', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcg1u7l/', "Send me the $200, and I'll tell you how to get me to send you $100 of BTC", '18d8a67'], ['u/Electrical-Start9167', 13, '2023-12-08 04:10', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcgc9mw/', 'They have everything plugs on telegram lmao', '18d8a67'], ['u/someguynamedJordan', 10, '2023-12-08 05:00', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcgishy/', 'Plenty of legit fellas mailing weed out there. But they never go looking for business mostly.', '18d8a67'], ['u/Old-Transition-5975', 42, '2023-12-08 05:54', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kcgpeml/', 'It was obvious to me, who possesses common sense, that this was a joke😅', '18d8a67'], ['u/BenjiBills999', 17, '2023-12-08 08:54', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kch5lkq/', 'You must be real fun at parties. (That’s sarcasm btw if you’re little brain can’t comprehend that).', '18d8a67'], ['u/TheLargeGoat', 11, '2023-12-08 11:09', 'https://www.reddit.com/r/illegallifeprotips2/comments/18d8a67/dont_fall_for_it_kids/kchfaub/', 'This is very hard to do, cashapp is generally not going to refund you for anything, especially a debit card transaction. They will argue that its your fault for leaving your device accessible. \n\nTry anyways, you have nothing to lose. Be adamant you didnt make the purchase and havent "misplaced" your device, you were hacked and the person that spent your money is unknown and has no relationship to you (say that part more human like).', '18d8a67']]], ['u/Dropperofdeuces', 'How do we explain…', 18, '2023-12-08 00:34', 'https://www.reddit.com/r/hut8/comments/18d8xrp/how_do_we_explain/', 'Last three months BTC is up approx 65% while HUT is down approx 17%. \n\nMost other miners, if not all, are up over this period while HUT is down. \n\nAny good explanations for this?', 'https://www.reddit.com/r/hut8/comments/18d8xrp/how_do_we_explain/', '18d8xrp', [['u/Titsona-Bullmoose', 17, '2023-12-08 02:23', 'https://www.reddit.com/r/hut8/comments/18d8xrp/how_do_we_explain/kcfxlkf/', '1. You had HUT investor’s legitimately thinking it was up 400% and taking their imaginary profits.\n\n2. Same as above you have to imagine there was a horde of degens that saw +400% btc miner after btc was up big and jumped into some shorts.\n\n3. RS are always a good opportunity for short pressure and downward manipulation as lots of fear and uncertainty lurks post RS.\n\n4. Lots of confusion on Mcap and volumes right now as every site appears to be showing different numbers and everyone is asking questions.\n\n5. No clarity on the combined balance sheet and revenue yet\n\n6. No clarity on future outlook yet\n\nPersonally I took some profit on my Bitf position and added more to HUT today, the selling is not rational.', '18d8xrp']]], ['u/RichPiranhaLOL', 'I am a 27 year old man, and my net worth is now over $50,000,000. AMA!', 251, '2023-12-08 01:26', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/', 'I invested 100 bucks in Bitcoin when I was a kid and barely touched any of it over the years until a few days ago. My financial advisor who I hired four months ago (Because people on Reddit told me to do so in a previous AMA) called me and told me it was time to cash out, and so we did! We have discussed some investment plans, and he remains the only person in my entire life who knows about my net worth. I still work full time, drive a used car and live in a rented studio, all of that will change in the next few weeks, though. I plan on buying a house and a new car, and I will most likely quit my job soon.\n \nThe last AMA that I did helped me tremendously. I was having trouble wrapping my head around the whole thing, and the fact that nobody in my life knew was eating away at me. Doing the AMA helped me cope with that and made me realize that keeping the whole thing a secret might be a necessity for now. However, I have been having similar feelings since I cashed out, and so I thought maybe doing another AMA would be useful.\n\nSo ask me anything!', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/', '18da09e', [['u/JRootz', 12, '2023-12-08 01:34', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfqudf/', 'Can I have a Bitcoin, please? 🥶 all jokes aside, good for you man!', '18da09e'], ['u/airbuzz-driver', 28, '2023-12-08 01:38', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfri71/', 'what did the financial advisor advise you?', '18da09e'], ['u/AvidCocaineLover001', 24, '2023-12-08 01:39', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfrn1p/', 'Lmao sure buddy', '18da09e'], ['u/SinThenStir', 17, '2023-12-08 01:41', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfrwru/', 'Bullshit', '18da09e'], ['u/Djimaro', 14, '2023-12-08 01:44', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfs988/', 'What kind of cheese do you\nLike', '18da09e'], ['u/FRIENDLY_CANADIAN', 36, '2023-12-08 01:47', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfsoso/', "HI - I'm you, except I made the opposite decision to buy them. Imagine how hard I'm kicking myself.", '18da09e'], ['u/skizoids', 33, '2023-12-08 01:48', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcfsvff/', 'Can you share a screenshot ? I call bs', '18da09e'], ['u/International_Map870', 145, '2023-12-08 01:50', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcft330/', 'I’m very happy for you. I lost 200 BTC in 2010 when it was worth $30 when my laptop took a shit and I threw it away and forgot all my passwords or what exchange I might have even bought them on. \n\nAre you going to tell people in your life now?\nWhat’s your biggest fear of people knowing you’re rich af?', '18da09e'], ['u/occupy_this7', 11, '2023-12-08 01:54', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcftpvm/', 'Lol yeah and I have a rare gold and diamond dick cover', '18da09e'], ['u/RichPiranhaLOL', 66, '2023-12-08 01:55', 'https://www.reddit.com/r/AMA/comments/18da09e/i_am_a_27_year_old_man_and_my_net_worth_is_now/kcftrs5/', 'I wanted to use some of the money to start a small software development company abd he advised against that. I guess he thought my idea was dumb, which might be true.\nI also wanted to start a charity and raise money for a certain cause, which he also advised against. He thought starting a charity in the beginning of an investment program will complicate things unnecessarily.\nOther than that, it was pretty basic stuff. We spoke to an attorney and plan to meet with a real estate professional with my advisor to buy some property. He also put together a plan for a stock portfolio. I also insisted on investing like 10 percen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 rose on Friday as markets digested a strong jobs report that signaled resilience in the economy.\n• Bond yields jumped following the data as it suggested Fed rate cuts may not come soon.\n• But labor market growth is "occurring against a backdrop in which wage growth is moderating," a JPMorgan economist said.\nUS stocks rose on Friday as markets digested a strong jobs report that tested convictions of imminent rate cuts from the Federal Reserve.\nThe November data showed 199,000 jobs were added to the US economy, compared to 150,000 in October, while unemployment slipped to 3.7% from 3.9% the month before. Following the release, bond yields jumped, with the yield on the 10-year Treasury clocking in at 4.23%.\nWhile the resilient labor market points to economic strength, calming recession fears, it does suggest that markets may have overestimated how soon the Fed may cut rates.\n"The Fed has been stymied by better than expected data releases but as long as inflation continues to edge lower the Fed will likely remain on hold," Quincy Krosby from LPL Financial said. "But if today\'s report is a harbinger of continued consumer spending the Fed may have to issue a considerably more hawkish message and telegraph that they still cannot declare victory on their campaign to quell inflation."\nMeanwhile, JPMorgan\'s chief US economist thinks that the strong jobs data is not a sign of a protracted fight against inflationary pressures.\n"We\'re seeing, generally speaking cooling in wage pressures," Michael Feroli said in a Global Data Pod podcast episode on Friday. "So one might be concerned that this still resilience in the labor market is creating a problem for inflation, but actually it\'s occurring against a backdrop in which wage growth is moderating to a more sustainable level."\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Friday:\n• S&P 500:4,604.37, up 0.41%\n• Dow Jones Industrial Average:36,247.87, up 0.36% (130.49 points)\n• Nasdaq Composite:14,403.97, up 0.45%\nHere\'s what else is going on:\n• OPEC and Saudi Arabia arelosing their grip on the oil marketas prices see the longest fall in five years.\n• Anew study showsthat a stock-only strategy offers better returns than a 60/40 mix over the long-term.\n• An"extremely rare" stock market signalwith a 100% accuracy rate is flashing and points to record highs in 2024.\n• Fundstrat\'s Tom Lee said thatstocks are taking off on a "liquidity rally"and will rocket to new highs next year.\nIn commodities, bonds, and crypto:\n• Oil prices rose\xa0withWest Texas Intermediateup 2.65% to $71.18 a barrel.Brent crude, the international benchmark, moved up +2.39% to $75.82 a barrel.\n• Goldslipped by 1.35% to $2,018.08 per ounce.\n• The10-year Treasury yieldsurged more than 10 basis points to 4.23%.\n• Bitcoingained 2.06% to $44,135.50.\nRead the original article onBusiness Insider', 'Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Spencer Platt/Getty Images US stocks rose on Friday as markets digested a strong jobs report that signaled resilience in the economy. Bond yields jumped following the data as it suggested Fed rate cuts may not come soon. But labor market growth is "occurring against a backdrop in which wage growth is moderating," a JPMorgan economist said. US stocks rose on Friday as markets digested a strong jobs report that tested convictions of imminent rate cuts from the Federal Reserve. The November data showed 199,000 jobs were added to the US economy, compared to 150,000 in October, while unemployment slipped to 3.7% from 3.9% the month before. Following the release, bond yields jumped, with the yield on the 10-year Treasury clocking in at 4.23%. While the resilient labor market points to economic strength, calming recession fears, it does suggest that markets may have overestimated how soon the Fed may cut rates. "The Fed has been stymied by better than expected data releases but as long as inflation continues to edge lower the Fed will likely remain on hold," Quincy Krosby from LPL Financial said. "But if today\'s report is a harbinger of continued consumer spending the Fed may have to issue a considerably more hawkish message and telegraph that they still cannot declare victory on their campaign to quell inflation." Meanwhile, JPMorgan\'s chief US economist thinks that the strong jobs data is not a sign of a protracted fight against inflationary pressures. "We\'re seeing, generally speaking cooling in wage pressures," Michael Feroli said in a Global Data Pod podcast episode on Friday. "So one might be concerned that this still resilience in the labor market is creating a problem for inflation, but actually it\'s occurring against a backdrop in which wage growth is moderating to a more sustainable level." Story continues Here\'s where US indexes stood as the market closed at 4:00 p.m. on Friday: S&P 500 : 4,604.37, up 0.41% Dow Jones Industrial Average : 36,247.87, up 0.36% (130.49 points) Nasdaq Composite : 14,403.97, up 0.45% Here\'s what else is going on: OPEC and Saudi Arabia are losing their grip on the oil market as prices see the longest fall in five years. A new study shows that a stock-only strategy offers better returns than a 60/40 mix over the long-term. An "extremely rare" stock market signal with a 100% accuracy rate is flashing and points to record highs in 2024. Fundstrat\'s Tom Lee said that stocks are taking off on a "liquidity rally" and will rocket to new highs next year. In commodities, bonds, and crypto: Oil prices rose\xa0with West Texas Intermediate up 2.65% to $71.18 a barrel. Brent crude , the international benchmark, moved up +2.39% to $75.82 a barrel. Gold slipped by 1.35% to $2,018.08 per ounce. The 10-year Treasury yield surged more than 10 basis points to 4.23%. Bitcoin gained 2.06% to $44,135.50. Read the original article on Business Insider', 'London, United Kingdom --News Direct-- BSG-Marketing Betcake is the best non gamstop casino in the UK for self excluded players who are searching to play online slots safely. Currently, in the UK there are thousands of casino players being self-excluded and searching for reputable Non Gamstop Casinos, an alternate casinos that operate beyond the stringent regulations of Gamstop. With a multitude of options available, these platforms are becoming the go-to choice for many. Among the plethora of Non Gamstop casino sites, one name that resonates with trust and excellence is Betcake , known for its 8% weekly cashback and free spins with every deposit, a rare gem in the vast ocean of UK Non Gamstop Casinos. Best Casinos Not on Gamstop in 2024 What are Non Gamstop Casinos Have you ever felt like the rules of Gamstop are a bit too much? If so, Non Gamstop Casinos might just be what you\'re looking for. These are online gambling sites that don\'t follow Gamstop’s rules. It\'s like finding an oasis in a desert for those who feel boxed in by Gamstop’s tight control. These Non Gamstop Casinos are all about giving you choices. They let you dive into the exciting world of online gambling without being held back by strict rules. Imagine having a whole world of games and betting options right at your fingertips, tailored to whatever you like. That\'s the kind of variety these casinos offer. And it\'s not just about the games. 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Remember, it\'s all about finding that sweet spot between safe play and enjoying the games you love. List of the Best Casinos Not on Gamstop Betcake - This is the best non gamstop site as it emerges as a radiant haven for gamblers seeking non UK casinos, offering a vibrant realm where the thrill of slots, live casino encounters, and sports betting meld seamlessly with the freedom not found on Gamstop platforms. With enticing incentives like a multi-tiered welcome bonus, free spins on every deposit, and a comforting 8% weekly cashback, alongside an expansive game library boasting over 7000 games from estee **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $864,545,633,025 - Hash Rate: 530377412.4331516 - Transaction Count: 587398.0 - Unique Addresses: 739198.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose to a near 1-week high against a basket of currencies on Wednesday, as investors' appetite for riskier currencies faded following lacklustre corporate results that raised worries over the economic outlook, and as Treasury yields rose. Risk sentiment took a hit as tech giant Alphabet slumped after its cloud division missed revenue estimates, while other mega-cap stocks also edged lower, pressured by rising U.S. Treasury yields. The dollar index, which measures its strength against a basket of six rivals, was 0.3% higher at 106.5, its highest level in nearly a week. "I think it is mainly a risk backdrop story," said Shaun Osborne, chief foreign exchange strategist at Scotiabank in Toronto. "Weak risk appetite seems to be driving broad USD gains. Benchmark U.S. 10-year Treasury yields inched higher, resuming a move toward a 16-year peak of 5.0% briefly breached on Monday. The 10-year yield was last at 4.9506%. Global financial markets have been gripped by a surge in U.S. bond yields, which helped drive the dollar index to its highest in almost a year earlier this month. Analysts, however, see limited room for yields and the dollar to extend gains. "My inclination is to look at these gains as an opportunity to fade some of the dollar strength against certain currencies," Scotiabank's Osborne said. Data on Wednesday showed sales of new U.S. single-family homes surged to a 19-month high in September as the annual median house price dropped by the most since 2009 amid discounts offered by builders to woo buyers, but mortgage rates flirting with 8% could curb demand. Elsewhere, the Australian dollar jumped on Wednesday after a surprisingly high reading for inflation stoked speculation about a further hike in interest rates and slugged bond futures. But it erased all those gains to trade down 0.74% on the day. [AUD/] "The interesting thing about Australia is that a lot of other central banks are in a very similar position. They have paused, the market's hoping that will be it, but everyone is on tenterhooks hoping that inflation will remain well behaved, and in the case of Australia it has not," said Jane Foley, head of FX strategy at Rabobank. The Canadian dollar weakened against its U.S. counterpart after the Bank of Canada held its key overnight rate at 5.0%, as expected, and forecast weak growth while leaving the door open to more rate hikes to tame inflation that could stay above target for another two years. The U.S. dollar was last up 0.41% against the Canadian currency. The dollar also kept the yen pinned near the closely watched 150 threshold, with the Japanese currency last at 149.99 per dollar, with traders alert for any signs of intervention by Japanese authorities. Pressure is mounting on the Bank of Japan to change its bond yield control as global interest rates rise. A hike to an existing yield cap set just three months ago is being discussed as a possibility in the run-up to next week's policy meeting, Reuters cited sources as saying this week. "There is a decent chance there will be a another tweak to yield curve control," said Foley. "If we don't see that, it is quite possible that we will see the other side of 150 quite soon." In cryptocurrencies, Bitcoin was last up 1.83% at $34,539, holding near a roughly 18-month high hit on Tuesday. The world's largest cryptocurrency is up about 15% for the week, fuelled by speculation that an exchange-traded bitcoin fund is imminent. (Reporting by Saqib Iqbal Ahmed; Additional reporting by Rae Wee in Singapore and Alun John in London; Editing by Simon Cameron-Moore, Mark Potter, Mike Harrison and Diane Craft)... - Reddit Posts (Sample): [['u/Kontikulus', 'Brace yourselves. People who think they can become millionaires with 1k investment are coming.', 3021, '2023-12-09 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/', 'You feel it in the air. As soon as bitcoin reaches mainstream news due to high price, they are coming here. Newcomers, who have their first surplus after all the bills are paid and now think that crypto will go up 15% a week for another year or so.\n\n"The math is easy! 15% a week for 52 weeks and my 1000 bucks will become almost 1,5 million!" A flawless conclusion after extrapolating the (very recent) data.\n\nBut this is only the fist stage! The second stage:\n\n"I invested after bitcoin shoot up 15% and now I am down 10%! How could that be? It is over and I need to sell!" A sensible reaction after buying a volatile asset that was very overbought. But don\'t worry, they will be back next day after buying in again and losing a part of the initial investment for no reason.\n\nNow comes the third stage:\n\n"I did the math again and realized that I will become a millionaire much quicker if a invest in this new CumElonDoge coin that I see everywhere. It quadrupled in a day so I will buy today and will be a carefree person in less than a week!" A logical conclusion. Nothing with "Elon" in its name can go wrong! If you think otherwise, go fuck yourself!\n\nIf we are lucky, we could stop some of those people, but on the other hand... It is kinda fun seeing this level of idiocy but not being the idiot anymore. So maybe, sometimes, you could just say "you go man! chase your dreams!" and see what happens.', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/', '18dzskt', [['u/KBtrae', 326, '2023-12-09 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckfcd3/', 'The scary part is some people do become millionaires at stage 3. Mainly the shitruggers, but some people hit the lottery on a shitcoin.', '18dzskt'], ['u/Kontikulus', 16, '2023-12-09 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckfujm/', '"Some" is doing some work here. :D It is one in couple million tops. Chances are maybe better than a lottery jackpot but not by much.', '18dzskt'], ['u/twv6', 2442, '2023-12-09 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckg334/', 'Those people are idiots… You need to invest 2k.', '18dzskt'], ['u/themrgq', 72, '2023-12-09 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckgbgd/', "The days of anyone that doesn't already have decent wealth (tens of thousands of investable assets) becoming millionaires on BTC are gone.\n\nOnly way that's gonna happen is on alts. And it will happen but lots of luck lmao", '18dzskt'], ['u/CoverYourMaskHoles', 47, '2023-12-09 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckgisd/', '1$ investment here! WHY CANT I BECOME A MILLIONAIRE??', '18dzskt'], ['u/ProxyV0ID', 261, '2023-12-09 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckgrhr/', 'I just saw someone turn 2k to 180k this week. So theoretically, they could.', '18dzskt'], ['u/tianavitoli', 58, '2023-12-09 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckhq9l/', 'in this space, hate makes weight', '18dzskt'], ['u/JohnFromTSB', 32, '2023-12-09 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckhwzi/', 'BONK has entered the chat.', '18dzskt'], ['u/tianavitoli', 21, '2023-12-09 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckhya3/', "1 in 275 million for ca powerball rn\n\ncrypto way better odds, that's why fun to degen\n\njust wait until poor people learn this", '18dzskt'], ['u/KBtrae', 15, '2023-12-09 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kcki5mw/', 'PEPE has left the chat.', '18dzskt'], ['u/ProfessionalTrader85', 12, '2023-12-09 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kcki7ib/', 'All they had to do was press a button in the app when some special AI trading program told them to', '18dzskt'], ['u/RazarusMaximus', 42, '2023-12-09 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kcki8sf/', 'Deposit 1k, withdraw .1k is how we do it here.', '18dzskt'], ['u/hungryforitalianfood', 19, '2023-12-09 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckicnf/', 'Wtf are you talking about a year? Jito tripled yesterday. My $1000 will be a mil in a week.', '18dzskt'], ['u/Sebws', 56, '2023-12-09 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckidkb/', 'Someone got very lucky with a megaleveraged position on something?', '18dzskt'], ['u/fan_of_hakiksexydays', 32, '2023-12-09 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckifyx/', "In the last bullrun, you would have needed over $100K to make a million in Bitcoin.\n\nThat's after going all in right after hitting the bottom (good luck timing that), between $4k and $8K, averaging in at $6K.\n\nAnd then somehow averaging out right at about $60K (good luck timing that).\n\nHardly anyone would be able to time that. \n\nKeep in mind, the rate of return is lower in each new bullrun. So you would likely need a lot more than $100K this time around, and again incredible luck. \n\nIt's too late to hit the Bitcoin bottom.\n\nYou could still do something with alt coins who are still battered, but with the bigger upside there's a lot more risk.", '18dzskt'], ['u/Sushi-Kentaro', 12, '2023-12-09 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckii9r/', "finally im 3 years in and it's my turn to look at the market from the other side of the table!", '18dzskt'], ['u/binglelemon', 368, '2023-12-09 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckik83/', "If you're smart, you'll give me $500. I can quadruple that for you at no cost. You can trust *me*.", '18dzskt'], ['u/SuccessOtherwise2760', 142, '2023-12-09 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckimp7/', 'I turned $10,000 to $1000 in a couple of days, does that count?', '18dzskt'], ['u/ProxyV0ID', 122, '2023-12-09 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckipqs/', 'No leverage. Just AVAX and SOL meme tokens. \n\nSimply bet 500 USD at 20K mcap and recheck after few days to discover mcap is 5M+', '18dzskt'], ['u/ProxyV0ID', 16, '2023-12-09 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckirxj/', 'No AI involved. Just catching a memeplay early.', '18dzskt'], ['u/Sebws', 56, '2023-12-09 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckiv9t/', 'Disgusting, lol', '18dzskt'], ['u/ProxyV0ID', 40, '2023-12-09 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckj014/', 'Catch a meme early. Easy as that. Trick is finding a legit one that wont rug you.', '18dzskt'], ['u/Fluffy-Space-290', 303, '2023-12-09 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjc9q/', 'OP was one of them in 2021. 3 years later he’s figured it all out and is making fun of the newcomers.', '18dzskt'], ['u/ballsonrawls', 36, '2023-12-09 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjhyx/', 'You dont, its a gamble.', '18dzskt'], ['u/Z3LS3', 51, '2023-12-09 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjidg/', 'Depends on your timeline. You can invest tens of thousands over a few years even if you don’t make that much. And who knows what the return on that might be a decade from now. The best time to plant a tree is 15 years ago. The second best time is today.', '18dzskt'], ['u/chainer3000', 19, '2023-12-09 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjkkr/', 'Cone is up like 320% this month. I got my first 100k cones over 400 days ago. Total meme coin spawned out of reddit nft injokes', '18dzskt'], ['u/DrestinBlack', 117, '2023-12-09 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjn6m/', 'Remember when it was a bear market (ya know, sooooo long ago) and we’d joke: The easiest way to become a millionaire in Crypto is to be a billionaire first.\n\nAhhh memories…', '18dzskt'], ['u/BlockChad', 22, '2023-12-09 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yourselves_people_who_think_they_can_become/kckjnwd/', 'What is this? A school for ants? Investment needs to be at least 3 times that size.', '18dzskt'], ['u/TeamRyan', 11, '2023-12-09 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/18dzskt/brace_yo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 the quest for portfolio supremacy, you should look to stocks of companies that are standing as vanguards, wielding the potential to reshape industries and dominate markets. Delving into the trajectories of three formidable stocks reveals unique strategic foresight. These companies, spanning finance, energy and education, present compelling narratives of growth, operational agility and adaptability.\nThis article navigates their financial strengths, technological prowess, and market positioning. These possible 10X stocks have already set a precedent for sustained growth and market dominance, and they’re poised to leave an indelible mark on the market landscape by 2026.\nSource: Sergei Elagin / Shutterstock.com\nBlock(NYSE:SQ) holds its fundamental strength in its robust ecosystem. Square, a crucial element within the ecosystem, contributed significantly to the company’s progress. For instance, in Q3 2023, it generated$899 millionin gross profit, reflecting a noteworthy 15% year-over-year increase.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nAdditionally, Cash App, another pivotal segment, experienced a remarkable 27% year-over-year surge in gross profit, amounting to $984 million. These segments’ strong performances underscore Block’s diversified topline and its ability to foster sustained growth.\nDespite facing challenges, such as a system outage impacting Square and Cash App, Block demonstrated resilience by swiftly addressing the issue, to the point that the down time is estimated to have affected gross profit by less than1%during the quarter. Fundamentally, the company’s focus on enhancing offline capabilities and prioritizing technical infrastructure resilience reflects its adaptability and focus on ensuring uninterrupted service for customers.\nLooking ahead, Block’s outlook for Q4 2023 remains bullish, with an anticipated gross profit between $1.96 billion and $1.98 billion, signaling 19% growth at the midpoint. The company also projects adjusted EBITDA between $430 million and $450 million. The adjusted operating income is expected to range from $40 million to $60 million. Thus, the positive outlook reinforces the company’s lead in sustained growth and profitability based on its operational strength.\nFinally, Block’s strategic vision, outlined in its goal to attain Rule 40by 2026, suggests a balanced approach between growth and profitability. Overall, Block’s customer-centric solutions, focusing on local sellers, vertical points of sale products, and banking services, demonstrate its adaptability to evolving market demands and its commitment to enhancing customer experiences.\nSource: Sittipong Phokawattana / Shutterstock.com\nIris Energy(NASDAQ:IREN) exhibits fundamental strengths that contribute to its growth potential, as evidenced by its strong operational foundation and scalability as of Q3 2023. The company has solidified its position at Childress, a600-megawattsite in Texas, boasting 30 exahash ofBitcoin(BTC) mining capacity and an exploration of next-gen generative AI computing usingNVIDIA(NASDAQ:NVDA) H100 chips.\nWhile reporting a power cost of$0.014per kilowatt-hour, the company navigates market volatility, experiencing occasional significantly lower costs, such as minus $0.08 per kilowatt-hour in August. Their strategy involves incremental expansion within the Childress site, planning to achieve 30 exahash overall mining capacity. Therefore, this scalable approach showcases the potential for exponential growth.\nRegarding strategic financial planning and capital management, Iris Energy has laid out a comprehensive funding plan totaling $626 million. Leveraging existing cash, bank funds, and a $500 million shelf, they allocate $300 million for an ATM and $200 million for other products.\nA significant aspect of their financial strategy involves reinvesting operating cash flow into the business, bypassing holding bitcoin on their balance sheet. This approach prioritizes compound returns for shareholders, emphasizing a long-term growth trajectory rather than static asset accumulation.\nAdditionally, the company is strategically positioned in the realm of next-generation computing. Procuring250NVIDIA H100 GPUs signals the focus on pioneering technology, aiming to expand beyond traditional mining.\nFinally, engaging in customer conversations and exploring growth opportunities in generative AI exemplifies their proactive approach to market validation and product-market fit assessment. Therefore, this move may diversify revenue streams and establish a competitive edge in an emerging sector.\nSource: Shutterstock\nStride(NYSE:LRN) rapidly capitalizes on the shifting trends in education. For instance, the company has consistent revenue growth, with a remarkable13%increase year-over-year in Q1 fiscal 2024, targeting the burgeoning demand for alternative educational avenues. Also, in the US, there is+$1.1 Trillionannual direct government expenditure on education with a 3% growth rate. Thus, the sustained growth highlights Stride’s potential to attract and retain substantial enrollments in its general education and career learning programs.\nFurthermore, the enrollment surge of8%for the fall semester, totaling nearly188Kenrollments, highlights Stride’s ability to capture the growth. Diversification forms a cornerstone of Stride’s progress, as exemplified by its revenue segmentation. For instance, in Q1 2024, career learning revenue surged 18%, and general education revenues increased by over 10%.\nTowards the bottom line, Stride’s focus on operational efficiency reflects improved margins. In Q1, gross margin boosted by 5.50% to 36%, indicating the positive impact of efficiency measures. Notably, the reported adjusted operating income improved to $14.8 million in Q1 fiscal 2024 from being negative (non-profitable) in Q1 fiscal 2023. This bottom-line shift demonstrates the company’s achievement of profitability through operational optimization.\nFinally, the anticipated revenue projections and guidance signal Stride’s bullish outlook and growth prospects. The company forecasts revenue growth of 11% year-over-year for Q2 fiscal year 2024, aiming for revenue of $2 billion for the 2024 fiscal year. The projected adjusted operating income from $250 million to $275 million marks a solid ascent in the bottom line. These fundamental positions Stride as a transformative stock with massive return potential.\nOn the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nYiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.\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 Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe post10X Titans: 3 Stocks Set to Dominate the Market by 2026appeared first onInvestorPlace.', 'In the quest for portfolio supremacy, you should look to stocks of companies that are standing as vanguards, wielding the potential to reshape industries and dominate markets. Delving into the trajectories of three formidable stocks reveals unique strategic foresight. These companies, spanning finance, energy and education, present compelling narratives of growth, operational agility and adaptability. This article navigates their financial strengths, technological prowess, and market positioning. These possible 10X stocks have already set a precedent for sustained growth and market dominance, and they’re poised to leave an indelible mark on the market landscape by 2026. Block (SQ) Square, Inc. changes name to Block (SQ). Smartphone with Square logo on screen in hand on background of Block logo. Source: Sergei Elagin / Shutterstock.com Block (NYSE: SQ ) holds its fundamental strength in its robust ecosystem. Square, a crucial element within the ecosystem, contributed significantly to the company’s progress. For instance, in Q3 2023, it generated $899 million in gross profit, reflecting a noteworthy 15% year-over-year increase. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Additionally, Cash App, another pivotal segment, experienced a remarkable 27% year-over-year surge in gross profit, amounting to $984 million. These segments’ strong performances underscore Block’s diversified topline and its ability to foster sustained growth. Despite facing challenges, such as a system outage impacting Square and Cash App, Block demonstrated resilience by swiftly addressing the issue, to the point that the down time is estimated to have affected gross profit by less than 1% during the quarter. Fundamentally, the company’s focus on enhancing offline capabilities and prioritizing technical infrastructure resilience reflects its adaptability and focus on ensuring uninterrupted service for customers. Looking ahead, Block’s outlook for Q4 2023 remains bullish, with an anticipated gross profit between $1.96 billion and $1.98 billion, signaling 19% growth at the midpoint. The company also projects adjusted EBITDA between $430 million and $450 million. The adjusted operating income is expected to range from $40 million to $60 million. Thus, the positive outlook reinforces the company’s lead in sustained growth and profitability based on its operational strength. Story continues Finally, Block’s strategic vision, outlined in its goal to attain Rule 40 by 2026 , suggests a balanced approach between growth and profitability. Overall, Block’s customer-centric solutions, focusing on local sellers, vertical points of sale products, and banking services, demonstrate its adaptability to evolving market demands and its **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $857,432,755,275 - Hash Rate: 469318617.5512489 - Transaction Count: 536175.0 - Unique Addresses: 664453.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of Bitcoin (BTC), which got rangebound over the past two-and-a-half months, is up again. Bitcoin has been on a rally over the past couple of weeks, surging more than 25%. The cryptocurrency jumped over 14% last week itself and briefly crossed the $35,000 mark. Since then, it has been hovering over $34,500. The sudden surge comes as expectations that the Securities and Exchange Commission (SEC) will approve a Bitcoin exchange-traded fund (ETF) in the coming days. The anticipated green light from the SEC for a Bitcoin ETF is expected to boost demand. This is likely to enable more traditional investors to hold Bitcoin and other cryptocurrencies through conventional stock markets. Moreover, it is predicted to draw fresh investments into the crypto industry, potentially leading to an increase in demand. However, that’s not the only reason behind the recent Bitcoin rally. The rally comes amid mixed earnings results from a spate of big tech companies. Investors have lately been ditching the stock market to invest in cryptocurrencies. During uncertain times, investors tend to gravitate towards safer, less speculative options. Bitcoin, being the most trusted among all cryptocurrencies, has been benefiting the most from this situation. Although the cryptocurrency market is not generally regarded as stable or secure, even within this sphere, investors often seek refuge in Bitcoin during periods of surges or rallies in the crypto market. BlackRock, Inc.BLK is one of the world’s largest investment managers and is publicly owned. BLK was one of the first companies from the traditional market to join the Bitcoin ETF race back in June 2023. BlackRock’s expected earnings growth rate for the current year is 2.2%. The Zacks Consensus Estimate for current-year earnings has improved 1.9% over the last 60 days. BlackRock presently carries a Zacks Rank #3 (Hold). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. NVIDIA CorporationNVDA is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence, and the mining or production of cryptocurrencies. NVIDIA’s expected earnings growth rate for the current year is 221.6%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. NVIDIA presently sports a Zacks Rank #1. Coinbase Global, Inc.COIN offers financial infrastructure and technology to support the global cryptocurrency economy. COIN provides a main financial account for consumers in the crypto space, a marketplace with liquidity for institutional crypto asset transactions, and technology and services for developers to build crypto-based applications and accept cryptocurrencies securely as payment. Coinbase Global’s expected earnings growth rate for the current year is 84.6%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 60 days. Coinbase currently has a Zacks Rank #3. Block Inc.SQ is an online digital and mobile payment platform for consumers and merchants and is the parent company of Square and Cash App. The users of Cash App can buy, sell, send and receive Bitcoin. In addition, SQ’s decentralized tbd platform allows developers to build decentralized finance applications to run on programmable blockchains. SQ is also one of the largest Bitcoin investors. Block has an expected earnings growth rate of 69% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the last 60 days. SQ currently carries a Zacks Rank #2 (Buy). Interactive Brokers Group, Inc.IBKR is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies, which include Bitcoin. Interactive Brokers Group has an expected earnings growth rate of 41% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% over the last 60 days. IBKR currently carries a Zacks Rank #2. 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 BlackRock, Inc. (BLK) : Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["By Karen Brettell NEW YORK (Reuters) -The Japanese yen weakened against the dollar on Monday for a second straight day, giving back most of a rally last week on expectations of less dovish monetary policy, and as investors awaited U.S. inflation data and three major central bank meetings. The Japanese currency surged on Thursday after Bank of Japan (BOJ) Governor Kazuo Ueda, who on the same day met with Prime Minister Fumio Kishida, said the central bank had several options on which interest rates to target once it pulls short-term borrowing costs out of negative territory. Bloomberg, however, reported on Monday that BOJ officials have not yet enough evidence that wage growth is enough to justify ending its ultra-loose monetary policy this month. “This is the right reaction. Ueda’s words last week weren’t actually any sort of concrete statement that they were going to end that negative interest rate,” said Helen Given, FX trader, at Monex USA in Washington. The dollar rose as high as 146.58 yen and was last at 146.14 yen, up 0.85% on the day. The yen has given up almost all of its rally on Thursday, when it reached 141.6 yen against the dollar. The dollar rose 0.13% against a basket of currencies to 104.08. The euro was unchanged on the day at $1.0762, close to Friday's 24-day low of $1.0724. Sterling gained 0.06% to $1.2555, after hitting a 15-day low of $1.2504 on Friday. Traders will watch U.S. consumer price inflation data on Tuesday for clues on the likely path of Federal Reserve policy. It is expected to show that headline inflation was unchanged in November, for an annual increase of 3.1%, down from 3.2% in October. A New York Fed survey showed that the path U.S. consumers expect inflation to take over the next year softened in November to the lowest level in more than two years, amid retreating projections of higher gasoline and rental costs. The dollar jumped on Friday after jobs growth in November beat economists’ forecasts, pushing back expectations for the first Fed rate cut to May, from March. Story continues Central banks will then take the markets’ focus, with Fed officials due to give their updated economic and interest rate projections at the conclusion of the U.S. central bank’s two-day meeting on Wednesday. Fed Chairman Jerome Powell is also likely to reduce expectations of rate cuts being likely in the first half of the year. “His speeches, in particular since the last cycle, have focused on that the remaining risk is going to be to the upside - so he’s still biased towards more tightening rather than this loosening that markets are starting to expect,” said Given. The European Central Bank and the Bank of England will also set rates on Thursday. Meanwhile, China's yuan fell to a three-week low after data showed deflation in the country worsened in November. Data over the weekend showed China's consumer prices fell at the fastest rate in three years in November while factory-gate deflation deepened, indicating increasing deflationary pressure as weak domestic demand casts doubt over the country's economic recovery. The yuan hit a three-week low in both the onshore and offshore markets, with the former last at 7.1750 per dollar. The Australian dollar, often used as a liquid proxy for the yuan, fell 0.17% to $0.6566. The dollar gained 0.39% against the Norwegian krone to 10.95, after earlier reaching 10.99, the highest since Nov. 14. Analysts are divided over whether Norway's central bank will continue to raise interest rates this week, with a narrow majority predicting an unchanged cost of borrowing, a Reuters poll showed on Monday. In cryptocurrencies, Bitcoin tumbled more than 7% to $40,542. ======================================================== 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 104.0800 103.9600 +0.13% 0.570% +104.2600 +103.9200 Euro/Dollar $1.0762 $1.0761 +0.00% +0.43% +$1.0779 +$1.0742 Dollar/Yen 146.1400 144.9500 +0.85% +11.49% +146.5700 +144.8000 Euro/Yen 157.28 156.02 +0.81% +12.10% +157.6800 +155.9200 Dollar/Swiss 0.8783 0.8801 -0.19% -5.00% +0.8816 +0.8779 Sterling/Dollar $1.2555 $1.2548 +0.06% +3.82% +$1.2591 +$1.2534 Dollar/Canadian 1.3569 1.3587 -0.13% +0.15% +1.3604 +1.3550 Aussie/Dollar $0.6566 $0.6578 -0.17% -3.67% +$0.6583 +$0.6551 Euro/Swiss 0.9453 0.9467 -0.15% -4.47% +0.9487 +0.9446 Euro/Sterling 0.8570 0.8572 -0.02% -3.10% +0.8588 +0.8550 NZ $0.6126 $0.6121 +0.07% -3.53% +$0.6132 +$0.6105 Dollar/Dollar Dollar/Norway 10.9500 10.9070 +0.39% +11.57% +10.9850 +10.9220 Euro/Norway 11.7847 11.7401 +0.38% +12.30% +11.8063 +11.7371 Dollar/Sweden 10.4914 10.4553 +0.28% +0.81% +10.5126 +10.4548 Euro/Sweden 11.2907 11.2592 +0.28% +1.27% +11.2972 +11.2547 (Reporting by Karen Brettell; additional reporting by Harry Robertson in London; editing by Barbara Lewis and Marguerita Choy)", 'Asset manager VanEck hassubmitteda fifth amended application for a spotBitcoinexchange-traded fund (ETF) on December 8, according to an updated filing to the S-1 Form with the United States Securities and Exchange Commission (SEC). The VanEck ETF is now expected to be listed under the ticker symbol "HODL," which is derived from the term "hold" or the acronym "hold on for dear life." Bitcoin enthusiasts commonly use this phrase to describe their strategy of buying and holding onto the digital asset without selling it.\nThe choice of the "HODL" ticker symbol has garnered attention from analysts, with Nate Geraci, president of advisory firm The ETF Store,suggestingthat those familiar with cryptocurrencies would appreciate it, while it may be less understood by "boomers." Geraci believes the ticker symbol will help avoid negative attention on adviser statements, as many advisers already advocate holding in different asset classes.\nEric Balchunas, a senior ETF analyst at Bloomberg Intelligence,notedthat VanEck\'s ticker symbol choice differs from the "more boring Boomer-y choices" made by other companies like BlackRock and Fidelity. He sees it as a unique and unconventional approach. VanEck themselves tweeted:\nSeveral companies, including BlackRock, Fidelity, VanEck, Valkyrie, and Franklin Templeton, arevying for SEC approval of a spot Bitcoin ETF. While the SEC has not yet indicated its support for these filings, it has engaged in discussions with representatives from the applicant firms to address technical details in their fund proposals. VanEck anticipates SEC approval for the spot Bitcoin ETF in January and projects inflows of $2.4 billion in the first quarter.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.', 'Asset manager VanEck hassubmitteda fifth amended application for a spotBitcoinexchange-traded fund (ETF) on December 8, according to an updated filing to the S-1 Form with the United States Securities and Exchange Commission (SEC). The VanEck ETF is now expected to be listed under the ticker symbol "HODL," which is derived from the term "hold" or the acronym "hold on for dear life." Bitcoin enthusiasts commonly use this phrase to describe their strategy of buying and holding onto the digital asset without selling it.\nThe choice of the "HODL" ticker symbol has garnered attention from analysts, with Nate Geraci, president of advisory firm The ETF Store,suggestingthat those familiar with cryptocurrencies would appreciate it, while it may be less understood by "boomers." Geraci believes the ticker symbol will help avoid negative attention on adviser statements, as many advisers already advocate holding in different asset classes.\nEric Balchunas, a senior ETF analyst at Bloomberg Intelligence,notedthat VanEck\'s ticker symbol choice differs from the "more boring Boomer-y choices" made by other companies like BlackRock and Fidelity. He sees it as a unique and unconventional approach. VanEck themselves tweeted:\nSeveral companies, including BlackRock, Fidelity, VanEck, Valkyrie, and Franklin Templeton, arevying for SEC approval of a spot Bitcoin ETF. While the SEC has not yet indicated its support for these filings, it has engaged in discussions with representatives from the applicant firms to address technical details in their fund proposals. VanEck anticipates SEC approval for the spot Bitcoin ETF in January and projects inflows of $2.4 billion in the first quarter.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.', "The National Vulnerability Database (NVD) hasidentifiedBitcoin's inscriptions as a cybersecurity risk, bringing attention to a security flaw that paved the way for the development of the Ordinals Protocol in 2022. The database flagged the issue on December 9, citing the exploitation of a data carrier limit bypass in certain versions of Bitcoin Core and Bitcoin Knots by the Inscriptions group in 2022 and 2023.\nThe current vulnerability in Bitcoin's network is being analyzed, and one potential consequence could be the flooding of the blockchain with large amounts of non-transactional data, leading to increased network size, compromised performance, and higher fees.\nThe significance of this vulnerability lies in its connection to the Ordinals Protocol. Inscriptions involve embedding additional data into specific satoshis (the smallest units of Bitcoin), creating a permanent part of the blockchain. Thehigh volume of Ordinals transactions has at times congested Bitcoin's networkin 2023, resulting in increased competition for transaction confirmations, higher fees, and slower processing times.\nThe NVD's website features a recent post byBitcoin Core developer Luke Dashjr on X. Dashjr claims that inscriptions exploit a vulnerabilityin Bitcoin Core to spam the network, and is working to fix it in the subsequent upgrades. If the bug is patched, it could potentially restrict Ordinals inscriptions on the network. Dash **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $819,486,835,781 - Hash Rate: 528635575.20314026 - Transaction Count: 525486.0 - Unique Addresses: 690909.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here . It’s week four of the Sam Bankman-Fried trial…and he’s taking the stand today at 2 p.m. So keep an eye out for additional coverage. This marks the second time Bankman-Fried has spoken out publicly in the courtroom after saying “yes,” on the first day in response to Judge Lewis Kaplan asking if he understood he had the right to testify if he wanted to. This is the first day the defense presented their arguments after multiple weeks of prosecutors making their case with rising sheafs of evidence. The prosecutors rested their case around 10 a.m. on Thursday. Mark Cohen, Bankman-Fried’s lead lawyer, requested a motion for acquittal on all seven counts against his client, calling the government’s case on the charges “insufficient” with “materiality not shown.” Prosecutors opposed the motion and Judge Kaplan declined it. The trial was on recess from October 20 until today. But Wednesday morning, there was a virtual hearing between Judge Lewis Kaplan, the prosecutors and defense to frame the rest of the case. During the call, Cohen said that the defense has three potential witnesses and added “our client will be testifying.” Before the defense makes their case, the prosecutors plan on bringing out one more witness, FBI agent Marc Troiano, to “summarize certain documents” focused on FTX and Alameda, Assistant United States Attorney Thane Rehn said. The defense also filed a letter to Judge Kaplan on Wednesday requesting permission to ask Bankman-Fried’s “good faith” about certain elements of FTX and Alameda. Some of the events regarded internal and external legal counsel implementing data retention policies, like auto-deletion policies for Slack and Signal, as well as loans made from FTX and Alameda to executives, drafts of terms and services and other areas. “Bankman-Fried’s understanding that auto-deletion policies were instituted under the guidance of lawyers would be directly relevant to rebut the inference that these policies were instituted for improper purposes,” the defense letter wrote. Cohen said on the virtual call he expects Bankman-Fried’s testimony to be the same length as that of his former colleagues, who pleaded guilty: FTX co-founder and CTO Gary Wang, Alameda CEO Caroline Ellison and FTX head of engineering Nishad Singh. He also said that it will take a “good part of Thursday, maybe all of Thursday,” with potential for Friday cross-examination. Story continues Even though the trial was on pause, details were still transpiring, and we were still putting out more content. Details below. SBF trial As SBF plans to testify, former SDNY federal prosecutor sees it as a ‘Hail Mary’ (TC+) Ex-SDNY prosecutor says Caroline Ellison, Gary Wang and Nishad Singh probably won’t get jail time Third Point managing director doubles down on SBF investor fraud in trial testimony This week in web3 If you’re getting SBF trial fatigue, here are some articles on what else is happening in the wild world of web3. Bitcoin is now worth over $34,500 — but will it hold? (TC+) Walmart and Outlier Ventures’ web3 accelerator launches with five startups There’s ‘great hope’ for bitcoin spot ETF approval in 2024, says Bitwise’s general counsel (TC+) The latest pod For this week’s episode , Jacquelyn interviewed Josh Naftalis, partner at law firm Pallas Partners. He’s a longtime attorney who represents companies, boards and executives in cases for white-collar criminal defense, regulatory enforcement matters, internal investigations, crisis management and more. Prior to Pallas Partners, Josh was a federal prosecutor and served over a decade as assistant U.S. attorney in the U.S. Attorney’s Office for the Southern District of New York. While at the SDNY he led a number of government white-collar prosecutions and trials, and was a senior member of SDNY’s Securities and Commodities Fraud Task Force. Josh handled situations ranging from cryptocurrency to insider trading and market manipulation to corporate and accounting fraud. His work also involved coordination with other agencies like the SEC, CFTC and FBI. While at the SDNY, Josh secured convictions in every federal criminal trial that he led as an assistant U.S. attorney. So we saw him as the perfect person to dive into the eye-grabbing trial of Sam Bankman-Fried, who is fighting seven charges related to money laundering and fraud. SBF’s trial is also taking place at SDNY where Josh worked. We talked about all the nitty-gritty details of SBF’s trial: the prosecution's strategy, the defense’s strategy, how this case compares to ones that Josh previously led and how likely it is that jurors will reach a guilty verdict. We also talked about: How many years SBF could face Importance of jurors Best witness testimonies so far Sentencing for other FTX execs Why he thinks SBF will testify Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to keep up with the latest episodes, and please leave us a review if you like what you hear! Follow the money Avalanche-focused gaming studio Neon Machine closed a $20 million Series A round Singapore-based crypto payments startup Triple A raised $10 million in a Series A round Ethereum onchain privacy startup Nocturne raised $6 million in a seed round Binance led $12 million funding round for InfinityStakeChain Web3 healthcare platform Rymedi raised $9 million in a Series A This list was compiled with information from Messari as well as TechCrunch’s own reporting. What else we’re writing Want to branch out from the world of web3? Here are some articles on TechCrunch that caught our attention this week. Why 42 states came together to sue Meta over kids’ mental health AI is finally resulting in real growth for Big Tech (TC+) Carta’s CEO reaches out to customers about bad press, alerting them to bad press Will X’s addition of audio and video calling create stickiness in the app? Robotaxis ‘do not belong in the city of Los Angeles,’ lawmaker says Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. View comments... - Reddit Posts (Sample): [['u/shaddap01', 'Can someone explain like I’m 5 the importance of BTC ETF', 13, '2023-12-11 00:21', 'https://www.reddit.com/r/BitcoinBeginners/comments/18fgduy/can_someone_explain_like_im_5_the_importance_of/', 'I’ve been hearing about it lately. Could I buy it now? If I have some btc, does that mean I have some etf? \n\nWhat happens if it gets approved/disapproved?', 'https://www.reddit.com/r/BitcoinBeginners/comments/18fgduy/can_someone_explain_like_im_5_the_importance_of/', '18fgduy', [['u/bitusher', 25, '2023-12-11 00:39', 'https://www.reddit.com/r/BitcoinBeginners/comments/18fgduy/can_someone_explain_like_im_5_the_importance_of/kcu06cp/', "ELI5 - \n\n**What is it**\n\nA Bitcoin ETF lets Bitcoin being traded in the normal US stock markets and all Bitcoin being held in an ETF need to be purchased and not fractionally held.This allows many pensions, retirement funds and investors to buy Bitcoin were they wouldn't normally invest in Bitcoin because its easier to invest this way , employers sometimes match your investments(401ks) and for legal and liability reasons. \n\n\n**Its not important.**\n\n If you care about the price Bitcoin will likely go into a bull market in next year regardless because the halvening even if the ETF is delayed or denied. Many Bitcoin users benefits slightly if its denied because it slows down the wealthiest and more powerful from getting into bitcoin earlier. \n\n**Its is important.**\n\nIt will likely create a massive bull market where Bitcoin becomes much more valuable (larger than we have ever seen) . This increases Bitcoin's security from the aspect of more people mining it and many more of rich and powerful now are invested in Bitcoin where they don't want regulations to harm Bitcoin", '18fgduy'], ['u/bitusher', 15, '2023-12-11 00:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/18fgduy/can_someone_explain_like_im_5_the_importance_of/kcu2b9f/', 'Every 4 years half as many more Bitcoin get minted making Bitcoin more scarce \n\nhttps://www.bitcoinblockhalf.com/\n\nReward-Drop ETA date: 23 Apr 2024 13:43:38 UTC\n\nHistorically this creates a bull market due to this ELI5:\n\nELI5-\n\nYour local community normally produces 900 apples a day (current Bitcoin inflation) that are traded but there are plans to use some orchard land to build homes instead thus reducing the amount of apples produced a day down to 450 in April of 2024(ETA on next halving) . \n\nPeople love apples in your community and its extremely likely they will still love apples next year as well. Right now they are willing to spend almost 27 cents an apple(1 BTC= $27,845) but with half as many apples the same amount of people will be fighting for 450 apples a day which if demand is the same and no new people move into the community or start eating apples we would expect the price to double when production is cut in half. \n\nThis doesn\'t happen though because people know that this will occur in the future and some investors think that if I buy some apples beforehand or at least contract rights to future apples they can get it at a lower rate than waiting. So we start to see the price of apples slowly grow even before production is cut in half. Months before. \n\nThe day production of apples is cut in half we see some price swings but not a skyrocket in price because speculators have already anticipated the scarcity. what happens next is the real effects of the halving where only 450 apples a day start to slowly have its effect overtime. People start to notice the demand for apples and how they are increasing in value so they decide to buy some because its a popular healthy food these days. Beforehand there was some questions about if people will still like apples with a higher price and now there is more certainty that they do and will not stop paying more for apples. Outside people and people who never liked apples start to join in and now demand starts increasing more and more in a feed back loop where the price of apples starts to skyrocket months after production was cut in half. \n\nInstead of apples only being 27 cents each they are now selling for 1.30 USD each and some people expect them to sell for as high as 2.70 USD each. This drives in speculators who don\'t even care about apples and the price continues to climb to 2.70 USD , but than some early investors start selling their apples and price starts dropping and more and more of these investors start selling in a panic and the price drops further where it loses 70 % of its value and goes as low as 78 cents an apple in late 2025. One must also consider older investors of apples selling some of their apples and not simply new speculators which spreads the amount of apples around in a more distributed manner.\n\nNow 78 cents an apple is much more than the original price of 27 cents an apple because there is always a strong group of apple enthusiasts and new apple lovers consuming apples each day despite the speculative investors.\n\nFurthermore you may ask why doesn\'t the market "price in" the expected scarcity completely (shooting bitcoin to 500% to 1000% appreciation) beforehand when we have had 3 halvenings of history?\n\nThe answer as explained above is that the market only prices in some of the appreciation due to uncertainty and the time it takes for information to reach and be understood by more people.\n\n1) there is always some uncertainty to how many early adopters will sell their Bitcoin that we don\'t know till months after the halvening\n\n2) there is uncertainty to how miners will do with inflation being cut in half. If hashrate stays steady or increases than this is very bullish (it can temporarily drop for 2 weeks until difficulty retargets and still be very bullish )\n\n3) speculators don\'t know how much new adoption occurs till after\n\n4) We don\'t have the feedback loop of more articles and news pieces being produced that help market bitcoin overtime and further build new users which is always after the fact and occurs overtime leading to a speculation frenzy', '18fgduy']]], ['u/a2butimfunny', 'Aaaaaand he’s back…', 118, '2023-12-11 01:48', 'https://www.reddit.com/r/DeadBedrooms/comments/18fi4vj/aaaaaand_hes_back/', 'Yep. Here I am. Again. It’s been a while. I left for a while because I felt badly about venting to strangers about the fact that a woman I love and am very attracted to doesn’t feel the same towards me. Something about being here felt wrong. So i left.\nI’m back now because…I don’t know, really. Community? Validation? There’s a small comfort in knowing that there are other people married to a man or woman that no longer desires them. Strength in numbers, right? \nAnd I got a couple of nudes tossed my way before. That felt good, I’ll admit, even if they were ultimately just trying to get me to buy Bitcoin from them or go to their webcam. It was an illusion, but the illusion felt better than the reality. \nThis is just a rant. The three people that will see this need not respond. I’m ugly. I’m overweight. I’ve made mistakes that are apparently unforgivable. And I have three kids that I love more than I love myself. So I’ll keep doing it. I’ll stay and feel worthless and useless and…just so goddam LESS. And it’s no one’s fault. My parents maybe. Bad genes. Most of the time I can deal with it. But this weekend, today, it just really hurts. And I had to let it out.', 'https://www.reddit.com/r/DeadBedrooms/comments/18fi4vj/aaaaaand_hes_back/', '18fi4vj', [['u/zcok', 51, '2023-12-11 01:54', 'https://www.reddit.com/r/DeadBedrooms/comments/18fi4vj/aaaaaand_hes_back/kcub0tq/', "Misery loves company, that's why I'm here. Sad to see others suffering like we are, but strangely comforting that we're not alone.", '18fi4vj'], ['u/perthguy999', 35, '2023-12-11 02:57', 'https://www.reddit.com/r/DeadBedrooms/comments/18fi4vj/aaaaaand_hes_back/kcujrxi/', "> I’ll stay and feel worthless and useless and…just so goddam LESS. \n\nSorry you are back and sorry you are hurting. I'm a 'stayer-for-the-kids' too. Plus I love my wife. She just doesn't have 'those' feeling for me.\n\nI used to feel like you, worthless and useless. But I came to a realization a number of years ago that wanting sex and desiring physical intimacy is **normal**. I am feeling what I am SUPPOSED to feel. Wanting to have sex with my wife doesn't make me a bad person. I am not broken... To a large extent she is!\n\nThat epiphany, at 2 am one night, reframed my marriage. I suppose I feel a bit sorry for my wife now. Imagine NOT wanting sex? Imagine going through adulthood without that fun and heat and passion? God! Could you imagine an existence so sad? \n\nYou don't want advice and this is a vent post, I get that, but I hope you manage to reframe your own desire as something that is good, and right and normal. Just because your wife doesn't have those feeling doesn't make you wrong.", '18fi4vj'], ['u/jennygourmet1', 16, '2023-12-11 04:06', 'https://www.reddit.com/r/DeadBedrooms/comments/18fi4vj/aaaaaand_hes_back/kcut76g/', "I pop on and off this page too. My husband hasn't wanted to have sex with me in almost 5 years. I find the feelings of despair about it come in waves now. Most of the time, I'm just living life and kind of forget that I don't have a sex life and I'm cool with things. Then something will trigger me and then I'm back here needing some validation that at least I'm not alone, at least it's not just me.", '18fi4vj']]], ['u/TermoTerritorial999', 'UBS is the bagholder (LOL) for GME naked Shorts - UPDATE 2 - The Jackpot is hidden on the Bitcoin and other cryptos. - Banks are on a BIG trouble, ETFs are back on the menu!', 1819, '2023-12-11 02:26', 'https://www.reddit.com/r/Superstonk/comments/18fivnf/ubs_is_the_bagholder_lol_for_gme_naked_shorts/', " Hello again apes,\n\nFirst of all this is not finantial advice, and with the latest news of RC & GME that are going to be able to invest in stocks, im going to leave this here, fucking hilarious:\n\nhttps://r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['VanEck, the ETF issuer with$64 billion in its 68 ETFs, projects that the U.S. will approve the long-awaited spot bitcoin ETF in early 2024—and that the product will see inflows in the billions during first months after its approval.\n“As debt levels are more concerning at the sovereign than corporate or household levels, we expect more than $2.4 billion will flow into newly approved U.S. spot Bitcoin ETFs in Q1 2024 to keep the bitcoin price elevated,” wrote Matthew Sigel, VanEck’s head of digital assets research and Patrick Bush, senior investment analyst, in the company’s crypto market forecast for 2024.\nWhile the Securities and Exchange Commission has approved ETFs that track bitcoin and ether futures, the agency has just started to advance various filings to launch the first ETF that tracks physically backed bitcoin. As one of the first firms to file for a spot bitcoin ETF in June 2018, VanEck unveiled its potential ticker for the fund last week: HODL, a likely nod to the crypto expression,“hold on for dear life.”The SEC rejected VanEck’s previous proposal for a spot bitcoin ETF in November 2021.\nThe firm also projected an all-time high bitcoin price high in the fourth quarter of 2024. “In the second half of 2024, Bitcoin will climb a presidential-sized wall of worry,” the authors of the report wrote.\nThe firm also projected that Binance will lose market share in the spot trading industry to firms such as Bybit, Coinbase and Bitget after the exchange settles with U.S. regulators.\nVanEck’s largest fund, theVanEck Gold Miners ETF (GDX),has $12.8 billion in assets.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'Bitcoin VanEck, the ETF issuer with $64 billion in its 68 ETFs , projects that the U.S. will approve the long-awaited spot bitcoin ETF in early 2024 \x97 and that the product will see inflows in the billions during first months after its approval. \x93As debt levels are more concerning at the sovereign than corporate or household levels, we expect more than $2.4 billion will flow into newly approved U.S. spot Bitcoin ETFs in Q1 2024 to keep the bitcoin price elevated,\x94 wrote Matthew Sigel, VanEck\x92s head of digital assets research and Patrick Bush, senior investment analyst, in the company\x92s crypto market forecast for 2024. VanEck Spot Bitcoin ETF Ticker, Forecast While the Securities and Exchange Commission has approved ETFs that track bitcoin and ether futures, the agency has just started to advance various filings to launch the first ETF that tracks physically backed bitcoin. As one of the first firms to file for a spot bitcoin ETF in June 2018, VanEck unveiled its potential ticker for the fund last week: HODL, a likely nod to the crypto expression, \x93hold on for dear life.\x94 The SEC rejected VanEck\x92s previous proposal for a spot bitcoin ETF in November 2021. The firm also projected an all-time high bitcoin price high in the fourth quarter of 2024. \x93In the second half of 2024, Bitcoin will climb a presidential-sized wall of worry,\x94 the authors of the report wrote. The firm also projected that Binance will lose market share in the spot trading industry to firms such as Bybit, Coinbase and Bitget after the exchange settles with U.S. regulators. VanEck\x92s largest fund, the VanEck Gold Miners ETF (GDX), has $12.8 billion in assets. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved', 'VanEck, the ETF issuer with$64 billion in its 68 ETFs, projects that the U.S. will approve the long-awaited spot bitcoin ETF in early 2024—and that the product will see inflows in the billions during first months after its approval.\n“As debt levels are more concerning at the sovereign than corporate or household levels, we expect more than $2.4 billion will flow into newly approved U.S. spot Bitcoin ETFs in Q1 2024 to keep the bitcoin price elevated,” wrote Matthew Sigel, VanEck’s head of digital assets research and Patrick Bush, senior investment analyst, in the company’s crypto market forecast for 2024.\nWhile the Securities and Exchange Commission has approved ETFs that track bitcoin and ether futures, the agency has just started to advance various filings to launch the first ETF that tracks physically backed bitcoin. As one of the first firms to file for a spot bitcoin ETF in June 2018, VanEck unveiled its potential ticker for the fund last week: HODL, a likely nod to the crypto expression,“hold on for dear life.”The SEC rejected VanEck’s previous proposal for a spot bitcoin ETF in November 2021.\nThe firm also projected an all-time high bitcoin price high in the fourth quarter of 2024. “In the second half of 2024, Bitcoin will climb a presidential-sized wall of worry,” the authors of the report wrote.\nThe firm also projected that Binance will lose market share in the spot trading industry to firms such as Bybit, Coinbase and Bitget after the exchange settles with U.S. regulators.\nVanEck’s largest fund, theVanEck Gold Miners ETF (GDX),has $12.8 billion in assets.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', "Spencer Platt/Getty Images The Dow, S&P 500, and Nasdaq 100 all notched new highs for 2023 on Monday. The rally in the major stock market averages comes as investors prepare for a series of central bank meetings. The Federal Reserve, Bank of England, and European Central Bank are all set to meet this week. The Dow, S&P 500, and Nasdaq 100 all jumped to new highs for the year on Monday as investors prepare for a critical week filled with central bank meetings and economic data releases. All three major averages are within spitting distance of their record highs, and the Dow Jones just notched a new high on a total-return basis. Investors will get a fresh set of inflation data on Tuesday with the release of the November consumer price index. That will be followed up by the producer price index on Wednesday. The data should help inform the Federal Reserve as policymakers continue to weigh what to do with interest rates, though expectations are that they will keep rates unchanged. The Fed is set to meet on Tuesday and Wednesday of this week, with the central bank making an interest rate decision on Wednesday, to be followed by a briefing from Chairman Jerome Powell. Meanwhile, the Bank of England and the European Central Bank will meet Thursday, and both are also widely expected to keep interest rates unchanged. Here's where US indexes stood at the 4:00 p.m. closing bell on Monday: S&P 500 : 4,622.44, up 0.39% Dow Jones Industrial Average : 36,404.93, up 0.43% (157.06 points) Nasdaq Composite : 14,432.49, up 0.20% Here's what else is going on today: Russia made $11.3 billion in net oil revenues in October — more than any month in the year before the Ukraine war. Jeffrey Gundlach said bonds look better than stocks heading into 2024 , and that home prices could fall as mortgage rates decline. Argentina's newly elected president Javier Milei warned his country to prepare for a painful fiscal shock as he seeks to rein in sky-high inflation and avoid another recession. Shohei Ohtani's massive $700 million contract with the Los Angeles Dodgers appears to be having an impact on the Japanese stock market. Apple is on track to notch a $4 trillion valuation\xa0by the end of next year — the first-ever company on the stock market to do so, according to Wedbush. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 0.35% to $71.48 a barrel. Brent crude , the international benchmark, jumped 0.42% to $76.16 a barrel. Gold dipped 0.90% to $1,996.30 per ounce. The 10-year Treasury yield was flat at 4.23%. Bitcoin declined by 6.84% to $40,795. Read the original article on Business Insider", "• The Dow, S&P 500, and Nasdaq 100 all notched new highs for 2023 on Monday.\n• The rally in the major stock market averages comes as investors prepare for a series of central bank meetings.\n• The Federal Reserve, Bank of England, and European Central Bank are all set to meet this week.\nThe Dow, S&P 500, and Nasdaq 100 all jumped to new highs for the year on Monday as investors prepare for a critical week filled with central bank meetings and economic data releases.\nAll three major averages are within spitting distance of their record highs, andthe Dow Jones just notched a new high on a total-return basis.\nInvestors will get a fresh set of inflation data on Tuesday with the release of the November consumer price index. That will be followed up by the producer price index on Wednesday. The data should help inform the Federal Reserve as policymakers continue to weigh what to do with interest rates, though expectations are that they will keep rates unchanged.\nThe Fed is set to meet on Tuesday and Wednesday of this week, with the central bank making an interest rate decision on Wednesday, to be followed by a briefing from Chairman Jerome Powell.\nMeanwhile, the Bank of England and the European Central Bank will meet Thursday, and both are also widely expected to keep interest rates unchanged.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:4,622.44, up 0.39%\n• Dow Jones Industrial Average:36,404.93, up 0.43% (157.06 points)\n• Nasdaq Composite:14,432.49, up 0.20%\nHere's what else is going on today:\n• Russia made $11.3 billion in net oil revenues in October— more than any month in the year before the Ukraine war.\n• Jeffrey Gundlach said bonds look better than stocks heading into 2024, and that home prices could fall as mortgage rates decline.\n• Argentina's newly elected president Javier Milei warned his country to prepare for a painful fiscal shockas he seeks to rein in sky-high inflation and avoid another recession.\n• Shohei Ohtani's massive $700 million contract with the Los Angeles Dodgers appears to be having an impacton the Japanese stock market.\n• Apple is on 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: 2023-12-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $818,012,049,925 - Hash Rate: 481794448.2864064 - Transaction Count: 543162.0 - Unique Addresses: 688671.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: You may think that with a price-to-sales (or "P/S") ratio of 0.3xBTC Digital Ltd.(NASDAQ:BTCT) is definitely a stock worth checking out, seeing as almost half of all the Software companies in the United States have P/S ratios greater than 4.4x and even P/S above 11x aren't out of the ordinary. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's so limited. View our latest analysis for BTC Digital As an illustration, revenue has deteriorated at BTC Digital over the last year, which is not ideal at all. Perhaps the market believes the recent revenue performance isn't good enough to keep up the industry, causing the P/S ratio to suffer. Those who are bullish on BTC Digital will be hoping that this isn't the case so that they can pick up the stock at a lower valuation. Although there are no analyst estimates available for BTC Digital, take a look at thisfreedata-rich visualisationto see how the company stacks up on earnings, revenue and cash flow. BTC Digital's P/S ratio would be typical for a company that's expected to deliver very poor growth or even falling revenue, and importantly, perform much worse than the industry. Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 80%. This means it has also seen a slide in revenue over the longer-term as revenue is down 90% in total over the last three years. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time. In contrast to the company, the rest of the industry is expected to grow by 15% over the next year, which really puts the company's recent medium-term revenue decline into perspective. In light of this, it's understandable that BTC Digital's P/S would sit below the majority of other companies. Nonetheless, there's no guarantee the P/S has reached a floor yet with revenue going in reverse. There's potential for the P/S to fall to even lower levels if the company doesn't improve its top-line growth. We'd say the price-to-sales ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations. Our examination of BTC Digital confirms that the company's shrinking revenue over the past medium-term is a key factor in its low price-to-sales ratio, given the industry is projected to grow. At this stage investors feel the potential for an improvement in revenue isn't great enough to justify a higher P/S ratio. Unless the recent medium-term conditions improve, they will continue to form a barrier for the share price around these levels. You should always think about risks. Case in point, we've spotted4 warning signs for BTC Digitalyou should be aware of. If companies with solid past earnings growth is up your alley, you may wish to see thisfreecollection of other companies with strong earnings growth and low P/E ratios. Have 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.... - 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:** ['Federal Reserve Board Chairman Jerome Powell. Kevin Dietsch/Getty Images US stocks rose Tuesday as the latest CPI report showed inflation continuing to slow. The annual rate of increase eased to 3.1% in November from 3.2% in October, in line with expectations. The Fed will announce its final interest rate decision of the year on Wednesday. US stocks rose Tuesday as investors weighed another slowdown in inflation ahead of the Federal Reserve\'s final policy decision of the year. The consumer price index rose 3.1% year over year in November, in line with expectations and just under the prior month\'s 3.2% pace.\xa0On a month-to-month basis, core CPI rose 0.3%, slightly higher than October\'s 0.2% rise. Inflation remains above the Fed\'s 2% target, and officials are widely expected to keep rates steady Wednesday, while forecasts for the first interest rate cut were pushed back to May 2024 . "After all the hopes and chatter around near-term rate cuts, today\'s CPI report is a little bit of a mood dampener. Monthly core inflation did not slow in November, picked up slightly on the headline measure, and even sped up on the supercore measure," said Seema Shah, chief global strategist at Principal Asset Management. "Simply put, this isn\'t enough inflation deceleration to reassert or justify the market\'s policy easing expectations, particularly at a time when the labor market is still so solid." On Wednesday morning, investors can also watch for the producer price index report. The Fed will publish its rate decision at 2 p.m. ET, and Chairman Jerome Powell will follow up with a press conference at 2:30 p.m. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday: S&P 500 : 4,643.70, up 0.46% Dow Jones Industrial Average : 36,577.94, up 0.48% (173.01 points) Nasdaq Composite : 14,533.40, up 0.70% Here\'s what else is going on today: Companies are piling up debt amid a stock buyback spree. A mild recession next year will set the stage for a stock rally, an Evercore strategist said. Chart of the day: US households hold an \'unprecedented\' $18 trillion in liquid assets . Kevin O\'Leary said a bill to eliminate big investors from the housing market will harm markets. Don\'t expect peak oil demand in our lifetime , JPMorgan\'s top energy strategist said. China\'s deflation dilemma may be good news for the West . Hedge funds filed a lawsuit against the SEC , saying new rules are "contradictory." Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil slid 1.07% to $68.66 a barrel. Brent crude , the international benchmark, slumped 1.08% to $73.32 a barrel. Gold dipped 0.2% to $1,982.7 per ounce. The 10-year Treasury yield dropped 3.1 basis points to 4.208%. Bitcoin inched 0.25% lower to $41,182. Read the original article on Business Insider', '• US stocks rose Tuesday as the latest CPI report showed inflation continuing to slow.\n• The annual rate of increase eased to 3.1% in November from 3.2% in October, in line with expectations.\n• The Fed will announce its final interest rate decision of the year on Wednesday.\nUS stocks rose Tuesday as investors weighed another slowdown in inflation ahead of the Federal Reserve\'s final policy decision of the year.\nThe consumer price index rose 3.1% year over year in November, in line with expectations and just under the prior month\'s 3.2% pace.\xa0On a month-to-month basis, core CPI rose 0.3%, slightly higher than October\'s 0.2% rise.\nInflation remains above the Fed\'s 2% target, and officials are widely expected to keep rates steady Wednesday, while forecasts for the first interest rate cut werepushed back to May 2024.\n"After all the hopes and chatter around near-term rate cuts, today\'s CPI report is a little bit of a mood dampener. Monthly core inflation did not slow in November, picked up slightly on the headline measure, and even sped up on the supercore measure," said Seema Shah, chief global strategist at Principal Asset Management. "Simply put, this isn\'t enough inflation deceleration to reassert or justify the market\'s policy easing expectations, particularly at a time when the labor market is still so solid."\nOn Wednesday morning, investors can also watch for the producer price index report.\nThe Fed will publish its rate decision at 2 p.m. ET, and Chairman Jerome Powell will follow up with a press conference at 2:30 p.m.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 4,643.70, up 0.46%\n• Dow Jones Industrial Average: 36,577.94, up 0.48% (173.01 points)\n• Nasdaq Composite: 14,533.40, up 0.70%\nHere\'s what else is going on today:\n• Companies arepiling up debtamid a stock buyback spree.\n• Amild recessionnext year will set the stage for a stock rally, an Evercore strategist said.\n• Chart of the day: US households hold an \'unprecedented\'$18 trillion in liquid assets.\n• Kevin O\'Leary said abill to eliminate big investorsfrom the housing market will harm markets.\n• Don\'t expectpeak oil demand in our lifetime, JPMorgan\'s top energy strategist said.\n• China\'s deflation dilemma may begood news for the West.\n• Hedge fundsfiled a lawsuit against the SEC, saying new rules are "contradictory."\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil slid 1.07% to $68.66 a barrel.Brent crude, the international benchmark, slumped 1.08% to $73.32 a barrel.\n• Golddipped 0.2% to $1,982.7 per ounce.\n• The 10-year Treasury yield dropped 3.1 basis points to 4.208%.\n• Bitcoininched 0.25% lower to $41,182.\nRead the original article onBusiness Insider', 'BlackRock, the world\'s largest asset manager, has maderevisionsto its spot Bitcoin exchange-traded fund (ETF) application in a move aimed at facilitating the participation of Wall Street banks. The revised application allows banking giants like JPMorgan and Goldman Sachs to create new shares in the fund using cash instead of cryptocurrencies.\nThis new redemption model, called "prepay," enables authorized participants (APs) from major banks to bypass restrictions that prevent them from holding Bitcoin or crypto directly on their balance sheets. By transferring cash to a broker-dealer, which then converts it into Bitcoin, the APs can participate in the fund. Coinbase Custody serves as the ETF\'s custody provider in BlackRock\'s case.\nPresented to the United States Securities Exchange Commission (SEC) by six BlackRock members and three from NASDAQ in a meeting on November 28, the revised model aims to address concerns such as market manipulation and enhance investor protections. BlackRock believes that the new structure offers superior resistance to market manipulation, a key factor that has previously led the SEC to reject spot Bitcoin ETF applications.\nBlackRock recently had its third meeting with the SEC on December 11, led by Chairman Gary Gensler. The previous meeting on November 28 was a follow-up to the initial meeting on November 20, during which the original in-kind redemption model was presented.\nThe SEC is expected to make a decision on BlackRock\'s application by January 15, 2024.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.', 'BlackRock Amends Bitcoin ETF Application, Easing Access for Wall Street Banks BlackRock, the world\'s largest asset manager, has made revisions to its spot Bitcoin exchange-traded fund (ETF) application in a move aimed at facilitating the participation of Wall Street banks. The revised application allows banking giants like JPMorgan and Goldman Sachs to create new shares in the fund using cash instead of cryptocurrencies. This new redemption model, called "prepay," enables authorized participants (APs) from major banks to bypass restrictions that prevent them from holding Bitcoin or crypto directly on their balance sheets. By transferring cash to a broker-dealer, which then converts it into Bitcoin, the APs can participate in the fund. Coinbase Custody serves as the ETF\'s custody provider in BlackRock\'s case. Presented to the United States Securities Exchange Commission (SEC) by six BlackRock members and three from NASDAQ in a meeting on November 28, the revised model aims to address concerns such as market manipulation and enhance investor protections. BlackRock believes that the new structure offers superior resistance to market manipulation, a key factor that has previously led the SEC to reject spot Bitcoin ETF applications. BlackRock recently had its third meeting with the SEC on December 11, led by Chairman Gary Gensler. The previous meeting on November 28 was a follow-up to the initial meeting on November 20, during which the original in-kind redemption model was presented. The SEC is expected to make a decision on BlackRock\'s application by January 15, 2024. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form . View comments', 'BlackRock, the world\'s largest asset manager, has maderevisionsto its spot Bitcoin exchange-traded fund (ETF) application in a move aimed at facilitating the participation of Wall Street banks. The revised application allows banking giants like JPMorgan and Goldman Sachs to create new shares in the fund using cash instead of cryptocurrencies.\nThis new redemption model, called "prepay," enables authorized participants (APs) from major banks to bypass restrictions that prevent them from holding Bitcoin or crypto directly on their balance sheets. By transferring cash to a broker-dealer, which then converts it into Bitcoin, the APs can participate in the fund. Coinbase Custody serves as the ETF\'s custody provider in BlackRock\'s case.\nPresented to the United States Securities Exchange Commission (SEC) by six BlackRock members and three from NASDAQ in a meeting on November 28, the revised model aims to address concerns such as market manipulation and enhance investor protections. BlackRo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $805,891,852,044 - Hash Rate: 498523422.18524 - Transaction Count: 587920.0 - Unique Addresses: 617899.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investors can add a recent string of IPO rumblings to the list of risk-on signs that have flooded the market in the month of November. Fast-fashion retailer Shein has confidentially filed for an initial public offering in the US, according to multiple press reports Tuesday. This comes as social media website Reddit and Kim Kardashian's clothing brand Skims are also exploring options to go public in 2024, according to Bloomberg . The latest developments hint at a larger theme: 2024 could be the year the IPO market makes a meaningful comeback. "We’re more optimistic about the real reopening of the IPO market in 2024 than in 2023," Goldman Sachs asset management global co-head of private equity Michael Bruun said during a media roundtable on Nov. 7. Many had thought recent public debuts like chip giant Arm ( ARM ) and Instacart ( CART ) would bring the return of IPOs earlier this year. Data from Dealogic showed 35 deals were completed in the third quarter, down from the 95 deals seen during the same quarter in 2021 (The market bottomed in 2022) . Recent IPOs, including that of shoemaker Birkenstock ( BIRK ), were met with muted stock reaction in the days following their listings. Much of that could've been attributed to the broader market action at the time . Both Arm and Instacart went public just before a sell-off in stocks sparked by the Federal Reserve's comments indicating it would hold interest rates higher for longer. The new public companies, which are usually viewed as risky investments, were among the many areas in the market that traded lower on the news. But after the Fed's November meeting investors have increased their bets that the central bank is done hiking interest rates. Beaten-down areas of the market like meme stocks and small cap stocks have rallied in reaction. Even the crypto trade has surged despite continued turmoil in the sector, with shares of exchange Coinbase ( COIN ) surging more than 70% in the last month while the price of Bitcoin ( BTC-USD ) is up about 10%. Story continues Bruun expects IPOs to similarly rebound in 2024 when he thinks the Federal Reserve is likely to cut rates. "When expectation moves such that people are anticipating rate declines and are starting to see rates come down, that’s usually when IPOs open up," Bruun said. A keyboard and a shopping cart are seen in front of a displayed Shein logo in this illustration picture taken Oct. 13, 2020. (Dado Ruvic/REUTERS/Illustration) (Dado Ruvic / reuters) The movements have started in market pricing, which predicts a 54% chance the Fed cuts by May, per the CME FedWatch Tool , compared to a 41% chance a month prior. And early signs show investors might be more willing to buy shares in newly public companies once there's more confidence in the Fed's path. Birkenstock and Arm stocks have both surged double digits during the market's November rally. Josh Schafer is a reporter for Yahoo Finance. 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:** ["GOMINING to commence trading on Bitfinex starting December 14th at 1:30 PM UTC. Tortola, British Virgin Islands --News Direct-- Prodigy Press Wire The native token of the GoMining ecosystem, GOMINING, is set to commence trading on Bitfinex starting December 14th at 1:30 PM UTC. According to a recent announcement by Bitfinex and GoMining, trading operations will be accessible on the ERC-20 network for the following pairs: GOMINING/USDT and GOMINING/USD. The opening date for withdrawals is set for December 15th, 2023. GoMining, a global mining company operating nine data centers worldwide, is committed to reshaping the landscape of BTC mining accessibility for an international audience. In line with the Liquid Bitcoin Hashrate (LBH) vision pioneered by the GoMining team, the distribution of bitcoin mining power is decentralized among GoMining NFT holders, who receive daily rewards in BTC or GOMINING tokens. Each GoMining NFT , also called an NFT miner, is underpinned by a specific amount of computing power, measured in terahashes per second (TН/s), easily expandable with just a few clicks. Scaling up an NFT's mining power results in larger rewards, mirroring the dynamics experienced by traditional mining infrastructure owners. The GoMining platform offers diverse mining strategies, enabling users to opt for guaranteed, predictable rewards via solo mining or joining a pool and competing for enhanced bonuses alongside teammates. To enhance user experience, an ROI calculator is presented each time users acquire a new NFT or upgrade an existing one. With a great focus on ease-of-use and accessibility of their products, the GoMining team is constantly expanding the number of exchanges supporting operations with GOMINING. In addition to Bitfinex, users can buy GOMINING tokens on major CEXs and DEXs including Gate.io, Bitget, MEXC, Uniswap, and PancakeSwap, to name just a few. The GoMining ecosystem's native token is currently available on both the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. Story continues When asked for a comment regarding the recent Bitfinex listing, GoMining CEO Mark Zalan emphasized the significance of partnerships on such a scale. Disclaimer: This press release is for informational purposes only. Neither distribution company nor its partners are responsible for the content’s accurateness or reliability. Any decisions made based on this content are at the reader’s own risk. Please contact the company issuing the news for any inquiries. 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. For additional details about NFT miners and GoMining tokenomics, please visit the GoMining website . [email protected] Seva Nau Road Town, Tortola, British Virgin Islands Release ID: 840043 View source version on newsdirect.com: https://newsdirect.com/news/gomining-token-now-listed-on-the-bitfinex-exchange-437193889", "GOMINING to commence trading on Bitfinex starting December 14th at 1:30 PM UTC. Tortola, British Virgin Islands --News Direct-- Prodigy Press Wire The native token of the GoMining ecosystem, GOMINING, is set to commence trading on Bitfinex starting December 14th at 1:30 PM UTC. According to a recent announcement by Bitfinex and GoMining, trading operations will be accessible on the ERC-20 network for the following pairs: GOMINING/USDT and GOMINING/USD. The opening date for withdrawals is set for December 15th, 2023. GoMining, a global mining company operating nine data centers worldwide, is committed to reshaping the landscape of BTC mining accessibility for an international audience. In line with the Liquid Bitcoin Hashrate (LBH) vision pioneered by the GoMining team, the distribution of bitcoin mining power is decentralized among GoMining NFT holders, who receive daily rewards in BTC or GOMINING tokens. Each GoMining NFT , also called an NFT miner, is underpinned by a specific amount of computing power, measured in terahashes per second (TН/s), easily expandable with just a few clicks. Scaling up an NFT's mining power results in larger rewards, mirroring the dynamics experienced by traditional mining infrastructure owners. The GoMining platform offers diverse mining strategies, enabling users to opt for guaranteed, predictable rewards via solo mining or joining a pool and competing for enhanced bonuses alongside teammates. To enhance user experience, an ROI calculator is presented each time users acquire a new NFT or upgrade an existing one. With a great focus on ease-of-use and accessibility of their products, the GoMining team is constantly expanding the number of exchanges supporting operations with GOMINING. In addition to Bitfinex, users can buy GOMINING tokens on major CEXs and DEXs including Gate.io, Bitget, MEXC, Uniswap, and PancakeSwap, to name just a few. The GoMining ecosystem's native token is currently available on both the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. Story continues When asked for a comment regarding the recent Bitfinex listing, GoMining CEO Mark Zalan emphasized the significance of partnerships on such a scale. Disclaimer: This press release is for informational purposes only. Neither distribution company nor its partners are responsible for the content’s accurateness or reliability. Any decisions made based on this content are at the reader’s own risk. Please contact the company issuing the news for any inquiries. 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. For additional details about NFT miners and GoMining tokenomics, please visit the GoMining website . [email protected] Seva Nau Road Town, Tortola, British Virgin Islands Release ID: 840043 View source version on newsdirect.com: https://newsdirect.com/news/gomining-token-now-listed-on-the-bitfinex-exchange-437193889", 'By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar fell to a two-week low against the euro and a more than four-month low against the Japanese yen in a broad based selloff on Thursday, after the Federal Reserve on Wednesday indicated that rate cuts are likely next year. The euro and pound, meanwhile, were supported by the European Central Bank and the Bank of England affirming the need to hold rates higher for longer. Fed Chair Jerome Powell said at Wednesday\'s Federal Open Market Committee (FOMC) meeting that the tightening of monetary policy is likely over, with a discussion of cuts in borrowing costs coming "into view". The Fed\'s projections implied 75 basis points of cuts next year, from the current level. "The Fed was very dovish yesterday," said Athanasios Vamvakidis, global head G10 FX strategy at BofA Global Research. “The strong consensus… was for a balanced tone by Powell. Instead, Powell doubled-down, with a very dovish tone." The dollar index was last at 101.95, down 0.89% on the day. It earlier reached 101.76, the lowest since Aug. 10. Fed funds futures traders are now almost completely pricing in a 25 basis points cut in March, and 150 basis points in rate reductions by Dec. 2024. “The market has been coming around to the idea that inflation won’t be sticky or problematic over the past six weeks and now central banks are confirming it,” said Adam Button, chief currency analyst at ForexLive in Toronto. “The market is running with the idea that rates will return to low levels in time - the bigger picture idea is that we’re headed back to a 2010s era of low growth and low inflation, rather than a 1970s era of volatile inflation,” he said. The greenback briefly pared losses after data showed that U.S. retail sales unexpectedly rose in November. The euro gained 1.08% to $1.0991, the highest since Nov. 29. It is on track for its biggest daily percentage gain since Nov. 14. Story continues The ECB kept rates steady and pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming that borrowing costs would remain at record highs despite lower inflation expectations. “The ECB was unable to “out-dove” yesterday\'s pivot by the Fed. The ECB continues to signal that rate hikes are done but their updated economic projections show no reason to hurry towards less restrictive policy,” said Samuel Zief, head of global FX strategy at JPMorgan Private Bank in London. The pound rose 1.11% and earlier reached the highest since Aug. 22 after the Bank of England left interest rates unchanged and said that interest rates needed to stay high for "an extended period". It is also on pace for the best day since Nov. 14. "The main message remains that rates will remain high for as long as it takes, which effectively is a push-back to market pricing early cuts," said BofA\'s Vamvakidis. The greenback fell 0.63% against the Swiss franc and hit the lowest level since July 27 after the Swiss National Bank held rates steady at 1.75%, as expected and acknowledged that inflationary pressure has decreased slightly over the past quarter. It also tumbled 2.28% against the Norwegian crown to the lowest since August 15 after the Norges Bank unexpectedly raised rates by 25 basis points to 4.5%, adding that they would likely stay at that level for some time. It is looking at the largest drop since Jan. 6. The yen reached the highest since July 31, with the dollar last down 0.68% against the Japanese currency at 141.94. Expectations that the Bank of Japan (BOJ) could end negative interest rates at its monetary policy meeting on Dec. 18-19 have largely been dampened, but the BOJ could make tweaks to its statement, such as language that the bank will not hesitate to ease further if necessary, said Masafumi Yamamoto, chief currency strategist at Mizuho Securities. That kind of change could be regarded as "one step toward normalisation .. **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $839,524,042,500 - Hash Rate: 488486037.84593976 - Transaction Count: 570985.0 - Unique Addresses: 573978.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BTC is trading at its highest level since last May as researchers tip that the highly anticipated spot Bitcoin exchange-traded fund from the world’s largest asset manager, BlackRock, may be seeded this month. On Oct. 23, Scott Johnson, a finance lawyer, flagged that an updated BlackRock filing indicated the firm may move to seed its iShares Bitcoin Trust with cash this month. Eric Balchunas, senior ETF analyst at Bloomberg, said the filing indicates BlackRock expects to launch the fund in the near future. “Seeding an ETF is when initial funding is provided… to purchase a few creation units (in this case bitcoin) in exchange for ETF shares which can be traded in [the] open market on day one,” Balchunas tweeted . “Seeding is typically not a lot of money, just enough to get [an] ETF going… the fact they doing it and disclosing it shows another step in the process of launching.” Balchunas also noted that the ETF was also listed on the Depository Trust & Clearing Corporation, which clears trades executed on the NASDAQ exchange. “Again all part of the process of bringing [an] ETF to market,” he said. The filing ignited feverish momentum in the markets, with Bitcoin rallying 15% in 24 hours to tag a local high of $35,000, according to CoinGecko. Other top ten cryptocurrencies are up by between 5% and 8% over the same period. Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress Bullish Anticipation BlackRock filed its application for a spot Bitcoin ETF in June, prompting a rush of similar filings from rival asset issuers. While the U.S. Securities and Exchange Commission has approved futures-based Bitcoin ETFs in the past, such products invest in derivatives and thus do not impact the supply of BTC. By contrast, a spot ETF would invest in Bitcoin directly, driving scarcity for the asset’s supply. Signs of progress towards the iSHARES Bitcoin Trust’s launch helped to pull the markets out of a multi-month downtrend. The combined crypto market cap is now on the cusp of retesting April’s year-to-date high of $1.28T after sitting at $1.03T last month. Story continues Last week, an inaccurate tweet from the crypto media outlet, Cointelegraph, falsely claiming BlackRock’s ETF had received regulatory approval, sent Bitcoin flying 10% in an hour. However, the markets quickly gave back most of the gains when BlackRock rejected the tweet’s claim shortly after. Analysts at JPMorgan predicted the SEC will approve iSHARES Bitcoin Trust by January 10 — the deadline for its verdict on rival applications from Ark Invest and 21Shares. JPMorgan recently said the SEC’s decision not to appeal a recent court ruling permitting Grayscale, a crypto asset manager, to convert its Bitcoin Trust into an ETF indicates a spot Bitcoin ETF approval is likely around the corner. Coinbase echoed the same sentiment in an Oct. 20 interview with CNBC. Traders are closing the gap between the price of BTC and shares in Gryscale’s Bitcoin Trust in response to the news, with GBTC shares trading an 11% discount relative to BTC — its lowest level in two years, according to Ycharts. Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress SEC Commissioner calls for Bitcoin ETF approval On Monday, SEC Commissioner Hester Pierce told CNBC she is frustrated that her agency is still yet to approve a Bitcoin ETF thus far. “I’ve been thinking we should approve one for the last five years, the logic for why we haven’t has always mystified me,” Pierce said . “The agency has not been very good when it comes to anything related to Bitcoin or other crypto assets. Every day I hope that they will wake up and they will think ‘You know what, we need to take a more productive approach’.” Pierce also cautioned investors against trying to predict the SEC’s next move regarding a Bitcoin ETF, comparing the exercise to tea leaf fortune-telling. “I can't say whether or not the commission is ready to approve a Bitcoin exchange-traded product,” Pierce continued. “The [Grayscale] court case obviously is an important factor in the landscape, but I can’t guess as to my colleagues’ approach to this topic… Obviously, we are seeing more and more interest from firms in these products, and I hear a lot of interest from investors in these kinds of products as well.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io... - Reddit Posts (Sample): [['u/David_T-Rex', "What's Behind the Current Rise?", 11, '2023-12-14 00:11', 'https://www.reddit.com/r/ICPTrader/comments/18hu368/whats_behind_the_current_rise/', 'Am I missing something? I don\'t understand why we\'re up 14% in the past Day, while BTC is up just 4% (laughing at "just" 4%). I love it, but am dumb as to why.', 'https://www.reddit.com/r/ICPTrader/comments/18hu368/whats_behind_the_current_rise/', '18hu368', [['u/wideportapotty', 10, '2023-12-14 04:54', 'https://www.reddit.com/r/ICPTrader/comments/18hu368/whats_behind_the_current_rise/kd9zsoo/', 'i agree, ckETH recently dropped, probably helped momentum. $20 and way beyond, god speed brother.', '18hu368']]], ['u/wtfCraigwtf', 'Tether Printing Press Go BRRRR, Total Market Cap Exceeds $90 BILLION', 25, '2023-12-14 00:30', 'https://www.reddit.com/r/btc/comments/18huij3/tether_printing_press_go_brrrr_total_market_cap/', 'For anyone wondering why BTC price is pumping, take a look at Tether total market cap. It crossed $91 billion today.', 'https://www.reddit.com/r/btc/comments/18huij3/tether_printing_press_go_brrrr_total_market_cap/', '18huij3', [['u/saylor_moon', 18, '2023-12-14 04:19', 'https://www.reddit.com/r/btc/comments/18huij3/tether_printing_press_go_brrrr_total_market_cap/kd9vagg/', "Tether is completely fucked.\n\nThe constant printing and pumping has created too much selling pressure on\nBTC and redemptions of USDT,\nso they needed to back off a bit and let the price drop temporarily.\n\nBut... If the price of BTC drops, they want everything else to drop too.\nTether won't allow any other coin to get ahead of BTC and be seen as\na more attractive investment.\n\nSo Tether short sold BCH, XMR, and a bunch of other coins to push the \nprice down, and they got absolutely wrecked on those shorts.\n\nOver 30,000 BCH was withdrawn from Binance over the past 3 days, as \ninvestors bought up the cheap BCH. The XMR situation was even worse,\nas Binance and Kraken had to suspend withdrawals temporarily.\n\nThere is more BCH available to borrow, but Tether seems extremely \nreluctant to do so, probably due to high interest rates or \ncollateral requirements. So their only other option is to let\nthe price rise, and pump BTC to match, which puts them back in\nthe position they were originally, risking redemptions of USDT which\nthey obviously don't have the money to pay out.", '18huij3']]], ['u/No_Key_Sentence', 'Still believe something big is in front of us', 44, '2023-12-14 00:38', 'https://www.reddit.com/r/nanotrade/comments/18hupa9/still_believe_something_big_is_in_front_of_us/', 'So guys I ran my high sophisticated analytics tool again and as I told you 9 days ago I still believe something big is ahead. \nNot really visible yet but there is smth under the hood for sure…\n\nPlease tell me again how successful your nano to btc trades went so far…', 'https://i.redd.it/6bbksv8he56c1.jpg', '18hupa9', [['u/fenr1rs', 12, '2023-12-14 02:10', 'https://www.reddit.com/r/nanotrade/comments/18hupa9/still_believe_something_big_is_in_front_of_us/kd9cu9y/', 'How much nano to hold? 1k is good amount?', '18hupa9'], ['u/PeopleLoveNano', 13, '2023-12-14 05:49', 'https://www.reddit.com/r/nanotrade/comments/18hupa9/still_believe_something_big_is_in_front_of_us/kda6g81/', 'Decent. 1,000 Nano puts you in the top 133,000 richest holders. Nothing wrong with that at all. Nano has a fixed supply and no fees so your position of ownership on the network can never be lost over time.', '18hupa9'], ['u/xSERGIOx', 16, '2023-12-14 07:17', 'https://www.reddit.com/r/nanotrade/comments/18hupa9/still_believe_something_big_is_in_front_of_us/kdaff6f/', 'I share the same belief for both Nano and eating ass. There is always something big in front of us and when it gets close enough we feast.', '18hupa9']]], ['u/abelahunter', 'Solana Pros and Cons. What role do you think solana will play in the industry over the next 5 to 10 years?', 64, '2023-12-14 00:56', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/', "As someone who's seriously considering investing long term into Solana, where do you think it will be a few years from now?\n\nLet me be clear, I'm not a sol die-hard nor do I have heavy bags. It just seems obvious to me that aside from btc and eth, Solana will be in the blast radius of major growth and adoption as a result of their strategic advances and chain performance upgrades over the last couple of years.\n\nThe visa partnership is huge - definitely not smoke and mirrors - as millions of dollars have already been moved through pilot deployments via VisaNet.\n\nThe solana pay / shopify partnership is equally massive in terms of distribution.\n\nSolana and Ethereum make the whole gamefi market (growing rapidly) and they also continue to be the most popular chains to build on.\n\nAside from past chain outages, what are the real cons of investing in solana?\n\nAlso, what are other pro arguments for solana that you think people are still sleeping on?\n\nCheers", 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/', '18hv2o2', [['u/Jesus__Skywalker', 49, '2023-12-14 02:35', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/kd9ghle/', "I mean using Sol is so fast, cheap, and easy that when I first started using it, coming from ETH, I was always wondering how ETH is supposed to hold up against Sol. I mean it does NOTHING better besides existing first. A lot of projects were built on ETH and it's still the king by a mile. But I can't see it staying that way. It's too fucking expensive to use, it's slow, and it's just a burden. Sol you can swap a coin, realize you made the wrong decision, swap back, swap to something else. Sent money here, send money there. And it doesn't even cost enough to notice. ETH is expensive just to move from one wallet to another. If you make a mistake with ETH and have to fix it. You grieve the loss of those gas fees. I think this bull season is going to be gigantic for SOL and while I'm not saying it's going to flip eth this cycle. I do think it's going to flip ETH.", '18hv2o2'], ['u/Gorbachev_', 24, '2023-12-14 02:49', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/kd9ijzd/', '1k is inevitable', '18hv2o2'], ['u/Solana_Maximalist', 16, '2023-12-14 03:06', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/kd9l1cc/', 'No 2 in market cap after bitcoin. \n\nBullish on btc and solana ❤️', '18hv2o2'], ['u/nmorf', 24, '2023-12-14 03:07', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/kd9l2v9/', "Since no one has mentioned it. The co founder Anatoly has stated the purpose of Solana long term is to replace the way the current global tradfi system works. For example, if there is news in one part of the world, traders that are local to that area have a time advantage in executing trades. Since they are geographically closer (less time for data to travel physically on the global cables that make the internet) to said news coming from a source it takes less time to get the news and then execute trades on the local markets. It's seconds, but makes a difference. Same reason anyone major financial institution is in NYC or Chicago. You want to be as close as possible to where the trades are executed. \n\nIn comes Solana...Imagine a decentralized computer spread out across the entire world that can transmit data near the speed of light across all it's validators at the same time. Now if news comes out somewhere in the world, the news and trades will all be processed at the same time. This gives everyone an even playing field in making whatever financial move they are trying to do. The goal of Solana long term is to even the playing field of the financial world in terms of making some sort of financial move.\n\nPast chain outages will be a thing of the past with Firedancer coming out on 2024. It will run the entire Solana Blockchain in parallel with the current validators. Firedancer runs on C and C++. This means if there is a bug on the rust validators the entire chain can run on the Firedancer validators without skipping a beat. No more outages. Anatoly also said Solana will officially be on mainnet when Firedancer drops. \n\nHope this helps.", '18hv2o2'], ['u/boldstrategies', 14, '2023-12-14 03:15', 'https://www.reddit.com/r/solana/comments/18hv2o2/solana_pros_and_cons_what_role_do_you_think/kd9mang/', 'I tried to swap some eth to some tokens a couple of hours ago. $50 gas charge for the swap. Rejected that shit right away', '18hv2o2']]], ['u/hmiamid', 'Living off of Bitcoin', 66, '2023-12-14 01:41', 'https://www.reddit.com/r/Bitcoin/comments/18hw1be/living_off_of_bitcoin/', "Is there a subreddit about living off of bitcoin or a thread in this one?\nIt would be different I think for different countries.\nI know we all want to hold it for the long run but I'd like to keep also a hot wallet, because that's the final goal.\nI know about bitrefill but that's all...", 'https://www.reddit.com/r/Bitcoin/comments/18hw1be/living_off_of_bitcoin/', '18hw1be', [['u/Independent_Gene5501', 37, '2023-12-14 02:14', 'https://www.reddit.com/r/Bitcoin/comments/18hw1be/living_off_of_bitcoin/kd9dg5d/', 'I’d also like to know about this. I’m at a point where I can transact smoothly but simply need vendors to accept it. I’m good hodling and spending nothing but I would enjoy transacting here and there just to start getting use to it and exercise the mechanics. I’d love to hear about people who actually do this if they exist!', '18hw1be'], ['u/lordsamadhi', 23, '2023-12-14 03:56', 'https://www.reddit.com/r/Bitcoin/comments/18hw1be/living_off_of_bitcoin/kd9s495/', "I'm actually very interested in this as well. It's too late tonight, but tomorrow, if I don't find a sub or community like this, I think I'm going to create one. \n\nK... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The cryptocurrency market continues to evolve while leading assets in the space including Bitcoin ( BTC-USD ) and Ethereum ( ETH-USD ) continue to increase in value. Both projects have utility and strong foundations, leading them toward broader acceptance overall. the traditional Financial system continues to warm to both, which should result in higher prices over the long term. Conversely, many of the same pundits continue to cool on the prospects of altcoins. many old coins were ill-conceived if not flat-out scams, and continue to fall and fail. Those that lack realistic road maps and are overvalued are cryptos to sell. Let’s look at three such projects. Dogecoin (DOGE-USD) Dogecoin (DOGE) shiba meme coins Source: siberian_horse / Shutterstock.com Dogecoin ( DOGE-USD ) Is a pioneering force in creating nothing out of nothing. The project pioneered the combination of memes and cryptocurrency and gained much traction. The project became so successful that it is currently the 9th most valuable cryptocurrency overall, with a market cap of $13.6 billion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips By now, most everyone understands that Dogecoin is a well-established joke that isn’t going anywhere. I don’t mean to imply that I think it has value or that anyone should invest in Dogecoin. Instead, Dogecoin is too powerful at this point to fail quickly. Dogecoin doesn’t have any real utility, but investors love to use it to gamble. There’s nothing wrong with that; it’s just that it isn’t ever going to be anything serious or useful. This makes it one of those cryptos to sell. Investors need only look at the project’s roadmap and how it is described by management. The company says it will defer to the community’s whims in managing its way forward. Rather than make decisions, Dogecoin’s management intends to forge its direction through a series of open-sourced, community-based decisions. In other words, Dogecoin has no road map and will let its community members continue to pump money into it, take advantage of it, and do nothing. Story continues ApeCoin (APE-USD) Cryptos to sell before they die. Cryptocurrency crash. Red graph. Price going down. Collapse. 3d illustration. Cryptos to Avoid Source: MP Art / Shutterstock.com ApeCoin ( APE-USD ) Is another overvalued, non-utilitarian cryptocurrency without much of a roadmap at all. It’s very hard to make it anywhere meaningful if you don’t have a destination in mind. ApeCoin has fallen drastically over the past few years, and deservedly so. The project made its name and established its value on the rise of non-fungible tokens (NFTs). The Bored Ape Yacht Club put ApeCoin on the map. I will go out on a limb and say that the project will be one of the most heavily cited failures of the era.\xa0This makes it one of those cryptos to sell. That said, the Bored Ape Yacht Club persists to the day. It continues to list a series of Bored Ape NFTs beginning at 29.75 ETH, and considering that Ethereum trades for more than $2,300, that’s an incredible amount of money. Let’s be honest here: a coin has no road map. Here is the company’s vision: “APECOIN epitomizes the idea of living a cleaner and or healthier environment. Technological developments have eased our lives in the last two decades.” Pepe (PEPE-USD) sell button on the background of exchange charts of currencies, crypto exchange, growth stocks to sell Source: silicaetran / Shutterstock.com Pepe’s ( PEPE-USD ) roadmap is more of a series of wishes than anything else. It’s a list of project hopes to hit at some point in the future: 10K holders, 10K on Twitter, 10K on Discord, and many vibes. There’s really no way to objectively argue that Pepe is or isn’t overvalued in terms of market cap. There’s more than $627 million of investor capital behind the project. However, the valuation of cryptocurrencies is fundamentally difficult. Pepe has no equivalent for one. Further, it also has no utility other than for pure speculation. Essentially, investing in Pepe is unrealistic in most senses of the word. it’s not investing at all. instead, it’s gambling. The only thing I can say about Pepe is that I imagine many people have lost substantial sums of money to the project. The project began in April, spiked dramatically by early May, then cratered quickly. Many people must have gotten in at or near the peak and continue to suffer today. it’s just as unrealistic as any other meme crypto and should be avoided. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post The 3 Cryptos With the Most Unrealistic Roadmaps and Overvalued Market Caps appeared first on InvestorPlace .', 'The cryptocurrency market continues to evolve while leading assets in the space includingBitcoin(BTC-USD) andEthereum(ETH-USD) continue to increase in value. Both projects have utility and strong foundations, leading them toward broader acceptance overall. the traditional Financial system continues to warm to both, which should result in higher prices over the long term. Conversely, many of the same pundits continue to cool on the prospects of altcoins. many old coins were ill-conceived if not flat-out scams, and continue to fall and fail. Those that lack realistic road maps and are overvalued are cryptos to sell.\nLet’s look at three such projects.\nSource: siberian_horse / Shutterstock.com\nDogecoin(DOGE-USD) Is a pioneering force in creating nothing out of nothing. The project pioneered the combination of memes and cryptocurrency and gained much traction. The project became so successful that it is currently the 9th most valuable cryptocurrency overall, with a market cap of $13.6 billion.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nBy now, most everyone understands that Dogecoin is a well-established joke that isn’t going anywhere. I don’t mean to imply that I think it has value or that anyone should invest in Dogecoin. Instead, Dogecoin is too powerful at this point to fail quickly. Dogecoin doesn’t have any real utility, but investors love to use it to gamble. There’s nothing wrong with that; it’s just that it isn’t ever going to be anything serious or useful. This makes it one of those cryptos to sell.\nInvestors need only look at the project’sroadmapand how it is described by management. The company says it will defer to the community’s whims in managing its way forward. Rather than make decisions, Dogecoin’s management intends to forge its direction through a series of open-sourced, community-based decisions. In other words, Dogecoin has no road map and will let its community members continue to pump money into it, take advantage of it, and do nothing.\nSource: MP Art / Shutterstock.com\nApeCoin(APE-USD) Is another overvalued, non-utilitarian cryptocurrency without much of a roadmap at all. It’s very hard to make it anywhere meaningful if you don’t have a destination in mind.\nApeCoin has fallen drastically over the past few years, and deservedly so. The project made its name and established its value on the rise of non-fungible tokens (NFTs). The Bored Ape Yacht Club put ApeCoin on the map. I will go out on a limb and say that the project will be one of the most heavily cited failures of the era.\xa0This makes it one of those cryptos to sell.\nThat said, the Bored Ape Yacht Clubpersiststo the day. It continues to list a series of Bored Ape NFTs beginning at 29.75 ETH, and considering that Ethereum trades for more than $2,300, that’s an incredible amount of money. Let’s be honest here: a coin has no road map. Here is the company’s vision: “APECOIN epitomizes the idea of living a cleaner and or healthier environment. Technological developments have eased our lives in the last two decades.”\nSource: silicaetran / Shutterstock.com\nPepe’s(PEPE-USD)roadmapis more of a series of wishes than anything else. It’s a list of project hopes to hit at some point in the future: 10K holders, 10K on Twitter, 10K on Discord, and many vibes.\nThere’s really no way to objectively argue that Pepe is or isn’t overvalued in terms of market cap. There’s more than $627 million of investor capital behind the project. However, the valuation of cryptocurrencies is fundamentally difficult. Pepe has no equivalent for one. Further, it also has no utility other than for pure speculation.\nEssentially, investing in Pepe is unrealistic in most senses of the word. it’s not investing at all. instead, it’s gambling. The only thing I can say about Pepe is that I imagine many people have lost substantial sums of money to the project. The project began in April, spiked dramatically by early May, then cratered quickly. Many people must have gotten in at or near the peak and continue to suffer today. it’s just as unrealistic as any other meme crypto and should be avoided.\nOn the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nAlex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on l **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $821,936,820,788 - Hash Rate: 545364549.1019738 - Transaction Count: 632636.0 - Unique Addresses: 706714.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Coca-Cola raises annual sales forecast * 3M raises FY adjusted profit forecast * GM withdraws 2023 guidance, beats Q3 profit estimates * General Electric raises FY profit forecast * Futures up: Dow 0.50%, S&P 0.58%, Nasdaq 0.59% (Updated at 8:37 a.m. ET/ 1237 GMT) By Shubham Batra and Shashwat Chauhan Oct 24 (Reuters) - Wall Street's main indexes were set to open higher as a selloff in U.S. Treasuries eased on Tuesday, while shares of General Electric and Coca-Cola surged on upbeat forecasts. General Electric jumped 5.9% in premarket trading after the aircraft engine manufacturer lifted its full-year profit forecast, while Coca-Cola advanced 2.8% on raising its annual sales outlook. General Motors added 1.3% after beating third-quarter profit estimates, while 3M gained 4.5% after raising its full-year adjusted profit forecast. The yield on the 10-year Treasury note was last at 4.8504%, after breaching the 5% mark in the previous session. "Yesterday, Bill Ackman, head at Pershing Square, (who's) been very bearish on U.S. bonds for a number of months closed that bearish position ... he's got a very good track record from a macro perspective of calling things well in the past," said Dan Boardman-Weston, chief executive officer at BRI Wealth Management. "The impact that interest rates have on an economy are lagged, so we're only now just really starting to see those rate increases bite and start to impact the underlying economy." Megacaps including Apple, Tesla, Meta Platforms and Amazon.com rose between 0.2% and 2.4%. U.S. technology giants are expected to post their strongest quarterly revenue growth in at least a year as their legacy businesses have stabilized, with Microsoft and Alphabet scheduled to report results after markets close on Tuesday. Of the 86 companies in the S&P 500 that have reported earnings so far, 78% have topped analysts' expectations, LSEG data showed. Overall, third-quarter earnings are expected to rise 1.2% year-on-year. Story continues The benchmark index has fallen sharply from its July highs on worries the Federal Reserve could keep its monetary policy restrictive for longer than expected against the backdrop of a still-strong economy, though the index is up nearly 10% this year as of last close. On the data front, investors will closely monitor the S&P Global Purchasing Managers' Index for manufacturing and services to assess the strength of the American economy. The Commerce Department will announce third-quarter GDP on Thursday, which is seen accelerating to 4.3%. Its wide-ranging Personal Consumption Expenditures (PCE) report is due on Friday. The turmoil in the Middle East is also in focus as Israel intensifies its assault on Hamas in Gaza. At 8:37 a.m. ET, Dow e-minis were up 164 points, or 0.5%, S&P 500 e-minis were up 24.75 points, or 0.58%, and Nasdaq 100 e-minis were up 87.5 points, or 0.59%. Nvidia rose 1.4% after Reuters reported the chip giant had quietly begun designing central processing units that would run Microsoft's Windows operating system and use technology from Arm Holdings. Peer Arm was up 2.4% while Intel was down 0.4%. Verizon added 4.1% after the U.S. wireless carrier raised its annual free cash flow forecast. Shares of Coinbase, Riot Platforms and Marathon Digital rose between 8.4% and 14.7% as Bitcoin jumped to a more than one-year high. (Reporting by Shubham Batra and Shashwat Chauhan in Bengaluru Editing by Vinay Dwivedi)... - Reddit Posts (Sample): [['u/otto4242', 'Woman scammed of $39k', 45, '2023-12-15 00:55', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/', "Short version: a 63-year-old woman was scammed out of 30 grand by a phone IT scam. However, to pull this off, she visited three banks and then a bitcoin deposit ATM in Southaven to deposit the money to these scammers. \n\nNow, that had to take some time and effort. How much can you protect people against this if they're going to literally go to the extra mile to send their money to people that are stealing from them?", 'https://wreg.com/news/local/they-drained-my-account-memphis-woman-scammed-out-of-over-30k/', '18imhdy', [['u/getBusyChild', 52, '2023-12-15 00:59', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kde6d26/', ">“Another guy comes on, tells me he’s with the bank and he’s the head of the fraud department. I was like ‘Okay.’ He said ‘We’re gonna try to help you,'” said Williamson. “He said I’m gonna need you to go to the bank and make a withdrawal. He said ‘If they ask you why you are withdrawing, just tell them you’re doing something around the house, some updating around the house.'”\n\n>With the so-called bank employee on the other end, Williamson was told to go to three different banks and take out all of her money so it could be protected from the hackers who had supposedly infiltrated her accounts.\n\n\n......\n\nDumbass.", '18imhdy'], ['u/bobsdementias', 16, '2023-12-15 01:03', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kde6uvu/', 'Darwinism: bank account edition', '18imhdy'], ['u/Greg_Esres', 20, '2023-12-15 02:07', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kdefzn5/', '>scammers pretty much drained her account within just two to three hours.\n\num, she drained her own damn account.', '18imhdy'], ['u/gimme_yer_bits', 15, '2023-12-15 03:04', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kdeo5kn/', 'Maybe she can join up with that other lady and they can start working on a class action lawsuit.', '18imhdy'], ['u/Fluid_Negotiation_76', 13, '2023-12-15 03:07', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kdeoj7d/', 'Half', '18imhdy'], ['u/4mellowjello', 19, '2023-12-15 03:54', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kdev9le/', 'Older generations are especially susceptible to these types of scams. There is a twitch streamer named Kitboga who calls them all day to waste their time with funny antics and tries to teach viewers how the scams work. He always insists to let people know, especially older folks how they work too. \n\nThey used to do gift cards but now a lot of stores have warnings on the gift card aisle, so they’ve switched to these new bitcoin atm scams to the same effect. \n\nI would recommend looking up some of his videos as they are not only informative, but pretty hilarious as he makes the scammers jump through all these hoops and crazy situations he creates.', '18imhdy'], ['u/Bathmatthew', 14, '2023-12-15 04:05', 'https://www.reddit.com/r/memphis/comments/18imhdy/woman_scammed_of_39k/kdewqz3/', 'IQ is thought to be normally distributed, so 100 is actually the mean, median, and mode.', '18imhdy']]], ['u/Current-Real', 'Mr Robot warned us about JP Morgan’s stance in Blackrock’s Spot Bitcoin ETF 👀', 116, '2023-12-15 03:00', 'https://www.reddit.com/r/Bitcoin/comments/18ip00l/mr_robot_warned_us_about_jp_morgans_stance_in/', 'They don’t care about Bitcoin, they want the blockchain ', 'https://v.redd.it/val4zk1a8d6c1', '18ip00l', [['u/PheelGoodInc', 15, '2023-12-15 04:17', 'https://www.reddit.com/r/Bitcoin/comments/18ip00l/mr_robot_warned_us_about_jp_morgans_stance_in/kdeycnj/', "They don't care about Bitcoin. They care about making money on their clients by convincing them to put Bitcoin in their portfolio.", '18ip00l'], ['u/DaVirus', 11, '2023-12-15 05:20', 'https://www.reddit.com/r/Bitcoin/comments/18ip00l/mr_robot_warned_us_about_jp_morgans_stance_in/kdf6oak/', "This is a great clip to send all the shitcoiners.\n\nIt's more about how unique BTC is.\n\nAs long as there is a central company behind the coin, it's controllable.", '18ip00l']]], ['u/ghostrecon4553', "Is buying bitcoin today like buying real estate in 1800's?", 326, '2023-12-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/', '&#x200B;\n\nhttps://preview.redd.it/jhm9hmvscd6c1.jpg?width=989&format=pjpg&auto=webp&s=fc24a01769000bf3bdeda31236357f01b5af1a5a', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/', '18ipg0k', [['u/ghostrecon4553', 60, '2023-12-15 03:46', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeu1kd/', 'imagine buying in 2009...', '18ipg0k'], ['u/stringerbell12', 476, '2023-12-15 03:47', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeu97v/', 'Idk man just dca the $20 a month your wife lets you and move on with it.', '18ipg0k'], ['u/kpow88', 37, '2023-12-15 03:49', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeuit3/', '2011 was actually the bottom', '18ipg0k'], ['u/ghostrecon4553', 218, '2023-12-15 03:50', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeuk7j/', 'Your wife lets you invest $20, man thats goals.', '18ipg0k'], ['u/Routine-Place-3863', 20, '2023-12-15 03:51', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeut62/', 'Ya except a house you can live in or rent out.\nAlso you can see and touch it', '18ipg0k'], ['u/get_MEAN_yall', 85, '2023-12-15 03:53', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdev0r2/', 'Are you going to live 223 years to find out?', '18ipg0k'], ['u/ghostrecon4553', 25, '2023-12-15 03:55', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeva0x/', 'man, i hope so. cryofreeze my brain or something?', '18ipg0k'], ['u/ghostrecon4553', 32, '2023-12-15 03:56', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdevjtn/', 'id be happy with buying in early 2020 also', '18ipg0k'], ['u/kpow88', 20, '2023-12-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdevwac/', "Yeah, really anytime after 2009 up to 2020 you couldn't lose", '18ipg0k'], ['u/Boring-Bus-3743', 10, '2023-12-15 03:59', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdevyww/', "I made my first buy in 2020. It was pretty great sadly I didn't have much to invest and now my average price is around 40k.", '18ipg0k'], ['u/pixelsteve', 122, '2023-12-15 04:03', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdewigg/', 'I liked this sub better in the bear matket', '18ipg0k'], ['u/guidooo202', 10, '2023-12-15 04:07', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdewzk8/', 'no way, I only get $15/month', '18ipg0k'], ['u/k_gavivina', 38, '2023-12-15 04:14', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdexylz/', 'I can predict the future … every fiat currency ever created will go to zero', '18ipg0k'], ['u/Which_Use_6216', 10, '2023-12-15 04:20', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdeytt7/', 'These people aren’t even getting paid in moons either', '18ipg0k'], ['u/Capital_High_84', 20, '2023-12-15 04:33', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdf0izc/', 'Matt Kratter has a great video on this, how everyone will be envying those that purchase early on, and will be a saying that it’s not fair for those that got in early, even the children who are born now are at disadvantage, so if you’re a bitcoiner, think about your kids. I got 4 of them, so got to stack those sats for them tooo', '18ipg0k'], ['u/griptuba', 10, '2023-12-15 04:33', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdf0m6o/', "If you hold long term you'll do well.", '18ipg0k'], ['u/clicksanything', 21, '2023-12-15 04:34', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdf0nk0/', 'think it was Saylor I heard make that comparison for the first time. \n\nI remember being mindblown listening to the breakdown of why as he explained how Bitcoin is akin to digital real estate.\n\nInstitutions and banks in the future will be competing for your business, your Bitcoin, your block of digital Manhattan in cyberspace New York so they can build services on top of it while you become fabulously wealthy. \n\nIts like owning a piece of TCP/IP protocol, then having things like HTTP/HTTPS, TLS, SSL, World Wide Web come along that were later built in layers top of that foundation and eventually the internet as we know and use now. \n\nThe Bitcoin Network is the TCP/IP and the backbone of this new digital cyberspace (Layer 1), then you have things like the Lightning Network functions as an abstracted, private, peer-to-peer payments protocol, and is also lightning fast with minimal fees (Layer 2), think of it as HTTP to TCP/IP. \n\nWe have no idea what the "Internet" of Bitcoin will be, but its an exciting time to own Bitcoin.', '18ipg0k'], ['u/griptuba', 10, '2023-12-15 04:38', 'https://www.reddit.com/r/Bitcoin/comments/18ipg0k/is_buying_bitcoin_today_like_buying_real_estate/kdf17tz/', 'Can land shelter you from inflationary theft?', '18ipg0k'], ['u/PepeDeCorozal', 16, '2023-... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Federal Reserve building. Getty Images Stocks traded mixed on Friday after New York Fed President poured cold water on dovish hopes. Still, stock hit their seventh straight week of gains, boosted by the mid-week rally after the Fed meeting. "Bullish indicators are in the majority," NDR analysts said, cautioning excessive optimism. Markets sputtered slightly before recovering on Friday after New York Fed President John Williams snuffed out some of the optimism around rate-cuts following the central bank\'s meeting this week. In an interview on Friday morning, Williams said the Fed isn\'t discussing rate cuts right now. Stocks edged lower after the news but swung back up as the market headed toward the closing bell. Despite the hiccup on Friday, the Dow Jones Industrial Average and the Nasdaq notched their seventh straight weekly gain. The Dow hits it another fresh closing record following new all-time highs on Wednesday and Thursday. "The Dow Jones Industrial Average has gone from correction to record highs in only 32 trading days. Broadening participation predicated on falling interest rates and signs of a soft-landing scenario have underpinned the recovery," wrote Adam Turnquist, Chief Technical Strategist for LPL Financial, after the bell on Friday. Those wins rode the heels of dovish comments from Jerome Powell\'s comments on Wednesday. "More breadth improvement has been evident in our Rally Watch report, as the aggregate is close to indicating that bullish indicators are in the majority," analysts from Ned Davis Research said. "Considering the signs of excessive optimism, [...] we may hold off until a consolidation phase has corrected the excess," they added. Here\'s where US indexes stood as the market closed at 4:00 p.m. on Friday: S&P 500 : 4,719.19, down 0.01% Dow Jones Industrial Average : 37,305.16, up 0.15% (+ 56.81 points) Nasdaq Composite : 14,813.92, up 0.35% Here\'s what else is going on: While US oil output has soared, Guyana and Brazil have also produced record volumes in 2023. The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales In more relief for buyers, home prices are getting slashed as inventory climbs , Zillow says. A rare bullish signal that suggests new highs in 2024 just flashed in the stock market, one investment firm said. Apple\'s market cap is larger than all but 6 of world\'s top economies. In commodities, bonds, and crypto: Oil prices edged up, with West Texas Intermediate rising 0.06% to $71.62 a barrel. Brent crude , the international benchmark, edged up by 0.17%% to $76.74 a barrel. Gold fell 0.6% to $2,033 per ounce. The 10-year Treasury yield dipped to 3.911%. Bitcoin dropped 1.89% to $42,121.15. Read the original article on Business Insider View comments', '• Stocks traded mixed on Friday after New York Fed President poured cold water on dovish hopes.\n• Still, stock hit their seventh straight week of gains, boosted by the mid-week rally after the Fed meeting.\n• "Bullish indicators are in the majority," NDR analysts said, cautioning excessive optimism.\nMarkets sputtered slightly before recovering on Friday after New York Fed President John Williams snuffed out some of the optimism around rate-cuts following the central bank\'s meeting this week.\nIn an interview on Friday morning, Williams said the Fed isn\'t discussing rate cuts right now. Stocks edged lower after the news but swung back up as the market headed toward the closing bell.\nDespite the hiccup on Friday, the Dow Jones Industrial Average and the Nasdaq notched their seventh straight weekly gain. The Dow hits it another fresh closing record following new all-time highs on Wednesday and Thursday.\n"The Dow Jones Industrial Average has gone from correction to record highs in only 32 trading days. Broadening participation predicated on falling interest rates and signs of a soft-landing scenario have underpinned the recovery," wrote Adam Turnquist, Chief Technical Strategist for LPL Financial, after the bell on Friday.\nThose wins rode the heels of dovish comments from Jerome Powell\'s comments on Wednesday.\n"More breadth improvement has been evident in our Rally Watch report, as the aggregate is close to indicating that bullish indicators are in the majority," analysts from Ned Davis Research said.\n"Considering the signs of excessive optimism, [...] we may hold off until a consolidation phase has corrected the excess," they added.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Friday:\n• S&P 500:4,719.19, down 0.01%\n• Dow Jones Industrial Average:37,305.16, up 0.15% (+ 56.81 points)\n• Nasdaq Composite:14,813.92, up 0.35%\nHere\'s what else is going on:\n• While US oil output has soared, Guyana and Brazil havealso produced record volumes in 2023.\n• Thehousing market is seeing a resurgenceas sinking mortgage rates unlock more inventory and sales\n• In more relief for buyers,home prices are getting slashed as inventory climbs, Zillow says.\n• Arare bullish signalthat suggests new highs in 2024 just flashed in the stock market, one investment firm said.\n• Apple\'s market cap islarger than all but 6 of world\'s top economies.\nIn commodities, bonds, and crypto:\n• Oil prices edged up, withWest Texas Intermediaterising 0.06% to $71.62 a barrel.Brent crude, the international benchmark, edged up by 0.17%% to $76.74 a barrel.\n• Goldfell 0.6% to $2,033 per ounce.\n• The10-year Treasury yielddipped to 3.911%.\n• Bitcoindropped 1.89% to $42,121.15.\nRead the original article onBusiness Insider', 'Victoria, Seychelles --News Direct-- Bitget Chainwire Bitget Research, the research arm of Bitget , the world’s leading cryptocurrency exchange and Web3 company, has released a research analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets within the network for 2024. Given the future macroeconomic environment and market conditions, the Bitcoin ecosystem presents a promising outlook. Not only do popular cryptocurrencies like BTC and ORDI have significant potential for appreciation, but there will also be new exciting opportunities for coins within the Bitcoin ecosystem. While the trading volume in the Bitcoin NFT market has surged, its current scale remains relatively small, indicating the anticipated potential for growth in the future. Simultaneously, the Lightning Network is expected to serve as the primary technological support for the broader adoption of Bitcoin payments in the short to medium term. Combining the above analyses, Ryan Lee, Chief Analyst at Bitget Research makes some major predictions of future trends in the Bitcoin ecosystem. He predicts “If the Bitcoin ecosystem continues to expand, the surge in demand for Bitcoin may drive the price of BTC to surpass its previous highs in the upcoming bull market, potentially reaching as high as $100,000. As the leading coin of the Bitcoin ecosystem, ORDI will rank in the top 30 by market cap in the next bull market. “ “Protocols like Bitcoin, Ordinal, Atomical, and Taproot have significant potential for growth, with new opportunities arising for 100x coins and NFTs within these ecosystems. And in the short term, the Bitcoin ecosystem will retain the ‘one project, one protocol solution’ status, fostering a variety of Bitcoin protocols. In the long run, a BTC virtual machine will emerge within the ecosystem, unifying developer compile environments. On the other hand, the Lightning Network will be the largest technical foundation supporting the continued adoption of BTC payments, with more assets to be issued on it.” He continues. Story continues Key Takeaways: ORDI: Currently, ORDI’s market cap stands around $400 million, suggesting a high potential when compared to the $4.9 billion market cap of SHIB, one of the leading ETH memecoins. However, the introduction of the Ordinals protocol, while offering new functionalities to the BTC network, also brings challenges. Ordinals function by embedding data into individual Bitcoin transactions, occupying considerable block space and increasing the complexity of using the Bitcoin network as Ordinals map BRC-20 and Ordinals NFT to specific Satoshis. These hurdles require collective attention from the community and developers. Improved Miner Revenue: The launch of the Ordinals protocol has significantly boosted Bitcoin miners’ earnings over the past three months, with the proportion of earnings from on-chain fees rising gradually from 1.7% in August to a peak of 19.57% on November 10. These improvements to miners’ earnings will, in turn, lead to further support for the BRC-20 asset class and the Bitcoin ecosystem from the heavily capitalized miner community. The Lightning Network: The Lightning Network is poised to be the primary technological support for the broader adoption of Bitcoin payments in the short to medium term with its almost instantaneous transaction processing and new micropayment options in the digital economy. However, setting up and maintaining channels on the Lightning Network is more complex than conducting simple Bitcoin transactions. Therefore, users need to understand how to open, manage, and close channels, raising the entry barrier for the wider adoption of Bitcoin payments. Potential Bottlenecks: The question of whether the Bitcoin ecosystem can sustain its current growth trajectory is challenging to predict, but data hints at potential shifts. As a global cryptocurrency, Bitcoin strengthens its consensus with increased acceptance. Yet, bottlenecks may emerge within the ecosystem for two main reasons. Firstly, Bitcoin’s limited scalability impedes application implementation, causing bottlenecks at this stage and potentially affecting the ecosystem’s overall development pace. Secondly, Bitcoin’s core developers, mostly conservative, hold reservations about various asset protocols 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: 2023-12-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $828,310,048,738 - Hash Rate: 508560806.52454 - Transaction Count: 638144.0 - Unique Addresses: 636391.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Is a spot bitcoin ETF approval already baked into the price of bitcoin, or will investors get to have their cake and eat it too and enjoy more gains if or when the SEC gives such a fund the greenlight. Although a nod from the Securities and Exchange Commission is not guaranteed, it’s highly expected and could come any day now. There’s plenty of evidence suggesting that the price of bitcoin (ticker symbol: BTC) will jump on approval news. For example, on June 15, BlackRock , the behemoth ETF issuer of iShares with over $9 trillion in assets under management, announced it would apply for a spot bitcoin ETF , adding its name to a list of several other issuers. During the following week, as investor excitement grew over an eventual spot bitcoin approval, BTC jumped 15%. On Oct. 16, BTC surged nearly 10% after a false report of a spot bitcoin approval was posted on the social app X, formerly Twitter. On Oct. 23, BlackRock’s proposed spot bitcoin ETF was given a ticker (IBTC), and BTC jumped another 10% following the news. Through the first week of November BTC has gained more than 110% this year. With so many buyers having already jumped into BTC, investors would be wise to question how much further the highly watched cryptocurrency can rise, or if it could even fall following possible news of an approval. Spot Bitcoin ETF: Buy the Rumor, Sell the News? There’s no way to know for certain now how the price of bitcoin will move immediately following an expected spot price bitcoin ETF approval, but the popular investing adage, "buy the rumor, sell the news," comes to mind. The adage reflects the idea that market participants often act on expectations and speculation. When the anticipated news is finally confirmed, it may not have the same impact on bitcoin’s price as the earlier rumors and expectations did. Here’s how “buy the rumor, sell the news” works: Buy the rumor: This part of the saying suggests that before a significant event or news announcement takes place, there is often speculation, rumors or anticipation in the market about the potential outcome of that event. During this period of speculation, traders and investors may buy or accumulate positions based on their expectations or beliefs about what the news will reveal. In other words, they are buying assets in anticipation of a positive or favorable outcome. Sell the news: Once the actual news is officially announced, there can be a shift in market sentiment and behavior. Even if the news is in line with or exceeds expectations, some market participants may decide to sell their positions. That is because, in many cases, the price has already been bid up in anticipation of the news, and once the news becomes public, there may be little room left for further price appreciation. Consequently, the market may experience a selloff, causing prices to drop. Story continues Study Suggests Spot Bitcoin ETFs Could Underperform While there’s not an exact precedent for SEC approval of an ETF tracking such a speculative asset as bitcoin, a recent study found that niche ETFs generally tend to underperform the broad stock market for five years after launching. The study doesn’t specifically cite bitcoin ETFs, but it does suggest weaker-than-expected performance following a spot bitcoin ETF launch. The reason that newly launched niche ETFs tend in general to underperform is that they often come to market when investor enthusiasm for the underlying benchmark asset or respective investment theme has reached a peak level. That in turn means that the securities in which these ETFs invest have tended to be overvalued. Whether that plays out in a spot bitcoin ETF approval scenario remains to be seen, but investors should remain aware of this history. Bottom Line on Buying a Spot Bitcoin ETF Upon SEC Approval Bitcoin is a speculative asset; therefore, price movements can be volatile and difficult to predict. Thus, investors should be prepared for a move in either direction, up or down, in the price of bitcoin when the news of SEC approval of a spot bitcoin ETF is announced, assuming such an announcement comes. BTC price movement could be up very briefly in the short term then down after investors look beyond the initial excitement. Therefore, traders and investors would be wise to prepare in advance for any outcome on spot bitcoin ETF performance following a highly anticipated SEC approval, as this performance can be volatile, turning quickly in either direction, or it could even move the opposite of what is expected. Permalink | © Copyright 2023 etf.com. All rights reserved View comments... - Reddit Posts (Sample): [['u/ScorpioO96', 'How do u guy deal with the fact to have the knowledge of btc but not been able to take the train bcs of financial reasons ?', 41, '2023-12-16 00:32', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/', 'Like i’m quite sad these days because i can’t afford much, only 1-2k$ this year, and i know that because of my salary etc i will miss the train, i will miss the opportunity to have life changing money,\n\nSo how do you deal with the fact to look at all of this without been part of it ?', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/', '18jdifw', [['u/omg_its_dan', 65, '2023-12-16 00:42', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/kdjj226/', 'That’s $1-2k more than 90% of people.\n\nYou can either accept it and be satisfied with what you have, or work to earn more cash to buy more. Those are really the only two options.', '18jdifw'], ['u/Hank___Scorpio', 44, '2023-12-16 01:13', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/kdjnj5y/', 'Put energy into making more money, less into worrying about it.', '18jdifw'], ['u/standardcivilian', 36, '2023-12-16 02:10', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/kdjvbbu/', 'Mine more fiat bro. Skip breakfast. Wear a jacket inside. Learn to navigate your home in the dark. Only one wipe after pooping.', '18jdifw'], ['u/KonstantKash', 18, '2023-12-16 03:36', 'https://www.reddit.com/r/Bitcoin/comments/18jdifw/how_do_u_guy_deal_with_the_fact_to_have_the/kdk6h29/', 'One wipe after pooping? What is this? Mad Max days?', '18jdifw']]], ['u/awesomedash-', 'Selling Algo at *ANY PRICE* is a bad idea for most people', 43, '2023-12-16 01:34', 'https://www.reddit.com/r/AlgorandOfficial/comments/18jessu/selling_algo_at_any_price_is_a_bad_idea_for_most/', "For most people (who have less than 5% of their wealth in Algo) selling Algo at any price is likely a bad idea. Here I'm not talking about trading which is a different topic but I explicitly mean converting Algo to fiat, for example at higher prices. If you need fiat, you can (always) borrow against Algo as collateral.\n\nAmong all digital assets, L1 tokens have a very special and unique property (bitcoin doesn't have it!) and that's the ability to use them as digital collateral on their own network. Among all L1 networks, Algorand is the only one with the instant finality (very important property) and probably the first one that will become quantum resilient (again something that BTC and most L1s unlikely to have, which is an huge ignored risk for them). Another important Algorand quality (rather unique among L1s) is that its consensus mechanism is fast, cheap and reliable in its nature, which is different from artificially setting very low transaction fees by subsidizing them temporarily. Given all these properties, Algo has a good chance to become the most valuable L1 token as the rate of new Algos added to the circulation decreases and the Algo community size and its adoption increases.\n\nNow, if you have Algo and need fiat, in most cases, borrowing against your Algo as collateral (which is instant and does not require credit check or financial documents), should be sufficient. Given that the Algo value against fiat goes up over time (based on reasonable assumptions and simple math) your collateral value and therefore the amount you can borrow against it increases. Think about it, at some point in the future you might be able to pay your new home deposit by borrowing against your Algo holding and still have your Algos.\n\nA good strategy is to use Algo as a store of value and add to your core holding over time. However, note that if you decide to borrow against your Algo, try to be as conservative as you can in terms of the borrow ratio (say 10%) given that crypto markets are quite volatile. Another point to consider is to only borrow common and widely used fiat coins, so their average interest rates remain low because of their availability. As a bonus point, if you think USDT will depeg at some point (similar to what happened to USDC last year), you may want to borrow USDT and if any depeg happens you only need to return a fraction of what you owed!\n\n&#x200B;\n\n&#x200B;\n\n&#x200B;", 'https://www.reddit.com/r/AlgorandOfficial/comments/18jessu/selling_algo_at_any_price_is_a_bad_idea_for_most/', '18jessu', [['u/Background-Ad-2102', 26, '2023-12-16 01:57', 'https://www.reddit.com/r/AlgorandOfficial/comments/18jessu/selling_algo_at_any_price_is_a_bad_idea_for_most/kdjthtj/', 'Imagine in the future when you can use your algo as collateral to buy tokenized dividend stocks and live off the dividends 🤯', '18jessu']]], ['u/TonyLiberty', "If you invested $100 in Bitcoin in 2010, you'd have $42,800,000 today. Makes you wonder what the next big opportunity will be. What are you the most bullish on over the next decade?", 350, '2023-12-16 02:07', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/', "If you invested $100 in Bitcoin in 2010, you'd have $42,800,000 today.\n\nMakes you wonder what the next big opportunity will be.\n\nWhat are you the most bullish on over the next decade?", 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/', '18jfgmq', [['u/KingofPro', 71, '2023-12-16 02:15', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdjw0p6/', 'Bob Ross paintings', '18jfgmq'], ['u/alanbdee', 521, '2023-12-16 02:19', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdjwii5/', 'I knew about bitcoin around that time and even considered setting up my machine to mine some coins. But I don\'t regret not doing it. Why? Because that attitude has also prevented me from spending time and money on other things that failed. This is an example of survivorship bias. \n\nI also would have sold any coins long before it became this valuable for the same reason. There\'s always that, "what if" scenario but you have no way to know what the next one will be. So why torture yourself trying to second guess something you had no way of knowing about?', '18jfgmq'], ['u/ColdCouchWall', 81, '2023-12-16 02:21', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdjwsg5/', 'This is stupid and irrelevant because no one will have held that long. 99.99% of people would have sold once they got a ten bagger out of it.\n\nThe only people who held longer than that were those who died or lost wallets.', '18jfgmq'], ['u/NeedOfBeingVersed', 33, '2023-12-16 02:34', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdjyhie/', 'It’s better to focus on broad, long term, and diversified market gains rather than trying to pick winners, as tempting as the latter is for a lot of people.\n\nIf you are going to try your hand at picking winners, it’s best to stick to assets with actual intrinsic value.', '18jfgmq'], ['u/CherryManhattan', 271, '2023-12-16 03:06', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk2kzc/', 'Just here to say my friend is a degenerate gambler and took a 5k bonus in 2011 and bought Bitcoin. Forgot about it. Found it a decade later. So he did buy and hold lol. \n\nHe quit his job and is living life on his terms now. I know he netted 37M.', '18jfgmq'], ['u/Alternative_Case_878', 157, '2023-12-16 03:11', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk3adh/', 'A boy asked his Bitcoin-investing dad... ...for $10.00 worth of Bitcoin currency.\n\nDad: $9.67? What do you need $10.32 for?', '18jfgmq'], ['u/No_Consideration4594', 63, '2023-12-16 03:26', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk5595/', 'The whole point of Black Swans is that they are really hard to forecast, but really easy to rationalize after the fact…. \n\nThe interesting thing about Bitcoin is you could have seen it coming and invested at the right time and still lost everything to the multitude of scams, thefts, brokerage failures, etc.. etc…', '18jfgmq'], ['u/Vast_Cricket', 16, '2023-12-16 03:28', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk5d6c/', 'If it jumped to $200 I would have be happy making 100% return,', '18jfgmq'], ['u/spitfireramrum', 20, '2023-12-16 03:36', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk6f2j/', 'I’ll never forget my friend asking me to drive him to Kmart so he can wire transfer money to china to buy bitcoin for like <$300. Granted he’s now crazy rich but he’s chilling', '18jfgmq'], ['u/DonBoy30', 18, '2023-12-16 03:41', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdk718f/', 'Clean water.', '18jfgmq'], ['u/lebastss', 141, '2023-12-16 04:30', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdkd3i6/', "Yea there was a pop to $500 and a pop to $2000 and early adopters would have mostly been flushed out then.\n\nI won't a gaming tournament for an obscure online game and the prize was $40 of BTC on 2011. I sold that as soon as it hit $150. It had no credibility back then.", '18jfgmq'], ['u/f_o_t_a', 73, '2023-12-16 04:41', 'https://www.reddit.com/r/FluentInFinance/comments/18jfgmq/if_you_invested_100_in_bitcoin_in_2010_youd_have/kdkec0u/', 'I invested when BTC was $200. It went up to a $1000 then crashed down to $100. I thought ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Representation of Bitcoin is seen with binary code displayed on a laptop screen NurPhoto/Getty Images An ex-Amazon engineer pleaded guilty this week to hacking two cryptocurrency exchanges. The conviction is the first ever secured in a case involving the hacking of a smart contract. He\'ll face up to five years in prison and will be made to pay back $12.3 million in stolen funds. A former Amazon engineer this week pleaded guilty to hacking two cryptocurrency exchanges in a landmark case that resulted in the first ever conviction involving the hacking of a smart contract. Shakeeb Ahmed, who previously worked as a security engineer for Amazon , will face up to five years in prison and will have to forfeit $12.3 million worth of stolen cryptocurrency, according to a statement from the United States Attorney for the Southern District of New York. The hacks, which took place in 2022, targeted Nirvana Finance and a second unnamed crypto exchange on the Solana blockchain . Blockchain is essentially a digital ledger allowing users to store data, including financial transactions, in a decentralized environment. One benefit to blockchain is security because the stored data cannot be edited. Ahmed exploited a vulnerability in the exchange\'s smart contracts, according to the US Attorney, allowing him to submit falsified data that resulted in the contracts generating millions of dollars worth of inflated fees he hadn\'t earned. What are smart contracts? Smart contracts are blockchain programs that, like a vending machine, execute specified functions when predetermined conditions are met. For example, a landlord leasing an apartment could use a smart contract in which the renter must transfer a security deposit to receive the apartment door code. Ahmed was able to reverse engineer the steps needed to make the exchanges pay out massive sums by using specialized skills he developed working for Amazon, according to the US Attorney. Ahmed then attempted to cover his tracks by negotiating with the unnamed crypto exchange. He said he\'d agree to return all of the stolen funds, less $1.5 million if the exchange agreed not to contact law enforcement about the hack, prosecutors said. After hacking the first exchange, Ahmed targeted Nirvana\'s cryptocurrency, ANA, exploiting a function of the cryptocurrency intended to inflate each token\'s price after a large sum was purchased. Using a workaround in Nirvana\'s smart contract, Ahmed could buy $10 million worth of ANA tokens at an artificially lowered price and sell them for $3.6 million in profit. "Nirvana offered AHMED a \'bug bounty\' of as much as $600,000 to return the stolen funds, but AHMED instead demanded $1.4 million, did not reach agreement with Nirvana, and kept all the stolen funds," according to the US Attorney statement.\xa0"The $3.6 million AHMED stole represented approximately all the funds possessed by Nirvana, which as a result shut down shortly after AHMED\'s attack." Story continues Ahmed\xa0stole over $12 million and "tried to cover his tracks by\xa0swapping\xa0stolen crypto for Monero,\xa0using cryptocurrency mixers,\xa0hopping\xa0across blockchains,\xa0and\xa0utilizing\xa0overseas crypto exchanges," US Attorney Damian Williams said in a statement. Representatives for the United States Attorney for the Southern District of New York did not immediately respond to a request for comment from Business Insider. In theory, the benefit of a smart contract is to eliminate the risk of fraud by a middleman or, say, a broker. However, the program has been vulnerable to attacks by hackers. About $2.2 billion in cryptocurrency was stolen in 2022 from Decentralized Finance (DeFi) projects, allowing people to carry out financial transactions without needing third parties or financial institutions such as banks. The New York Times reported that many of the thefts were carried out by taking advantage of vulnerabilities in smart contracts. Since smart contracts are built upon open-source code, hackers can make themselves aware of the inner workings of the software and take advantage of any vulnerabilities. Read the original article on Business Insider View comments', 'Young colleagues checking their crypto investment app Ark Invest CEO Cathie Wood is known for her wild price targets. In 2018, she famously predicted that Tesla would hit a pre-split price target of $4,000, representing more than a 1,000% gain at the time, and that prediction came true. Now, Wood has caught the attention of Bitcoin (CRYPTO: BTC) bulls with a splashy price target on the leading cryptocurrency. The renowned disruptive growth investor sees Bitcoin hitting $1.48 million per token by 2030 in her bull case for the cryptocurrency, or a gain of 33,557% as of Wednesday afternoon. In other words, $1,000 invested in Bitcoin today would be worth $34,557 by 2030, according to Wood. That would be an astronomical return, but early Bitcoin holders have already experienced such gains. Can Bitcoin deliver those kinds of returns again? Let\'s take a closer look at Wood\'s bull case for Bitcoin . Image source: Getty Images. Cathie Wood\'s Bitcoin thesis Wood has long been bullish on crypto. Coinbase currently makes up the biggest holding of Ark Invest\'s flagship Ark Innovation ETF , and its Ark Next Generation Internet ETF also offers exposure to Bitcoin through its ownership of Grayscale Bitcoin Investment Trust . As far as her Bitcoin target, Wood has argued that a number of different factors will drive the price higher. First, she sees institutional adoption pushing Bitcoin\'s price higher and expects it to be the latest new asset class to gain adoption the way emerging markets and real estate have earlier. She also sees it as an obvious hedge against inflation. It makes more sense for corporations to hold Bitcoin on their balance sheets, rather than holding cash, which loses its purchasing power over time. As far as utility, Wood expects remittances to be a major market for Bitcoin as well, arguing that sending money across borders with Bitcoin would protect populations from currency swings and hyperinflation. Is Cathie Wood right about Bitcoin? Wood\'s arguments sound logical, but there are a few things investors should remember before jumping on the bandwagon here. Bitcoin has been around for nearly 15 years, created in early 2009 by the anonymous Satoshi Nakamoto. Story continues There are plenty of innovations that are roughly as old as Bitcoin or younger that have been much more disruptive than it has. Those include the iPhone, Airbnb -style home-sharing, ride-sharing platforms like Uber , new social media apps like Instagram and TikTok, and electric vehicles, led by Tesla. Most of those had a noticeable effect within just a few years. Despite all the hype around Bitcoin, its adoption around the world as something more than a speculative asset to hold and trade has been mostly negligible. No country more fully embraced Bitcoin than El Salvador, which has long used U.S. dollars in place of its own currency and made the cryptocurrency legal tender in 2021. However, adoption has been slow in the small Central American country, impeded by limited internet access and a lack of enthusiasm among Salvadorians. Even remittances, Wood\'s primary use case of Bitcoin, have not gained traction. Through the first six months of 2023, only around 1% of remittances were received via Bitcoin, according to the country\'s central bank. Similarly, Remitly CEO Matt Oppenheimer said in a 2022 interview that his company, which processed over $10 billion in remittances in its most recent quarter, could facilitate transfers in Bitcoin or another cryptocurrency but "we\'re not seeing customer demand for it." Oppenheimer noted problems like "[t]he volatility, the lack of trust, and the lack of security" that have stood in the way of Bitcoin adoption for remittances. Regarding Wood\'s other arguments, institutional adoption seems far from a foregone conclusion. Few mainstream corporations are now holding Bitcoin, and some of the world\'s most admired financiers have repeatedly trashed it. Warren Buffett, for example, has called it "rat poison squared," and JPMorgan Chase CEO Jamie Dimon said recently he\'d "close it down" if he were the government, arguing that the only true use case for crypto is "criminals, drug traffickers, money laundering, tax avoidance." Finally, the argument that Bitcoin is a good hedge against inflation simply has not been borne out. In fact, the opposite has been true. Inflation, according to the Consumer Price Index, peaked last June at 9% -- yet Bitcoin crashed in 2022 along with the stock market. Historically, Bitcoin has traded like a high-beta risk asset, rather than a safe haven from inflation, the way gold traditionally has. Without fundamentals, Bitcoin trades mostly on momentum, which explains much of its recent gains, as well as hopes for a Bitcoin exchange-traded fund (ETF) . Will Bitcoin reach $1 million? Wood\'s price target would translate into huge gains for Bitcoin, but the idea of having a reachable price target on a cryptocurrency is a bit illogical. Even price targets on stocks, which represent the earnings and valuations of a real business, are rarely accurate, and predicting movements in cryptocurrency is even more difficult. Anything could happen with the leading cryptocurrency, and adoption could increase, but at this point, Bitcoin is already a household name. It\'s reached 100% brand awareness and has had that for several years. Most people have concluded that it doesn\'t have any utility for them. Bitcoin bulls like Wood, therefore, need to ask themselves what new opportunities are going to arise for the cryptocurrency that it hasn\'t had previously. Institutions are largely ignoring it. Immigrants aren\'t interested in sending money with it, and it\'s not treated like an inflation hedge the way you would expect "digital gold" to be. El Salvador\'s experiment with Bitcoin has hardly **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $823,096,921,088 - Hash Rate: 501869216.9650066 - Transaction Count: 616808.0 - Unique Addresses: 570690.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief. Most Read from Bloomberg • Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000 • Stocks Make Cautious Start to Event-Packed Week: Markets Wrap • Harvard Under Heightened Pressure After Penn Leaders Ousted • Biden’s Support of Israel Alienates More Democrats in New Poll Huawei, Intel Corp. and an expanding group of semiconductor startups pose a stiff challenge to Nvidia’s dominant position in the market for artificial intelligence accelerators, Chief Executive Officer Jensen Huang told reporters in Singapore on Wednesday. Shenzhen-based Huawei has grown into China’s de-facto chip tech champion and returned to the spotlight this year with a surprisingly advanced made-in-China smartphone processor. “We have a lot of competitors, in China and outside China,” Huang said. “Most of our competitors don’t really care where I am. They want to compete with us everywhere we go.” Questions about China were prominent during Huang’s visit to Singapore, where he’s meeting Prime Minister Lee Hsien Loong to discuss the city-state’s strategy to compete in the global AI race. Nvidia’s chips have become the hottest commodity in the AI boom, as they provide the most efficient method for training large data models like the one underpinning ChatGPT. But the US has raised barriers on their sale to China, further tightening China’s access to Nvidia’s AI chips in mid-October. “We cannot let China get these chips. Period,” Commerce Secretary Gina Raimondo said last Saturday. Read more: Raimondo Says Commerce Needs More Money to Halt China Chip Drive China has historically accounted for about 20% of Nvidia sales, Huang said on Wednesday, and the company will continue to adhere with trade regulations “perfectly.” He has to navigate increasingly challenging US-China trade tensions that have targeted Nvidia’s AI chips as strategically important in the balance of power between the world’s two leading economies. Nvidia will deliver a new set of products for the Chinese market that’s in line with the latest rules coming from Washington, the 60-year-old executive added. Santa Clara, California-based Nvidia does serve Chinese customers in Singapore, Huang said. Among the biggest Chinese firms with a presence there are ByteDance Ltd., whose TikTok business is a major employer locally, as well as the international cloud operations of Tencent Holdings Ltd. and Alibaba Group Holding Ltd. Sales to customers in the city, including Chinese firms, accounted for about 15% of Nvidia’s revenue in the three months ended in October, according to a regulatory filing. Read more: Singapore Sees $77 Billion Digital Economy as Key to More Growth Singapore sees the expansion of its digital economy as instrumental to stimulating broader growth. It hosts less-advanced chipmaking factories operated by Globalfoundries Inc. and other global players. Nvidia’s go-to maker of AI accelerators Taiwan Semiconductor Manufacturing Co. and NXP Semiconductors NV also run a joint venture in the country. Taiwan-born Huang co-founded Nvidia in the mid-1990s and is now treated to a hero’s welcome upon his return to Asia, following his company’s jump into the trillion-dollar stratosphere. Before meeting the Singapore PM, he was in Tokyo to meet Economy Minister Yasutoshi Nishimura and talk up Japan’s potential to build out a domestic AI ecosystem. Most Read from Bloomberg Businessweek • How the Biggest Boutique Fitness Company Turned Suburban Moms Into Bankrupt Franchisees • Salesforce Signals the Golden Age of Cushy Tech Jobs Is Over • Hottest Job in US Pays $80,000 a Year, No College Degree Needed • At World Central Kitchen, José Andrés Is in the Middle of a Mess • Argentina's New Libertarian Leader Softens His Economic Radicalism ©2023 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar slipped against the euro on Monday, extending last week\'s fall, as the U.S. currency remains under pressure from the Federal Reserve\'s signaling last week the possibility of interest rate cuts next year. The dollar was higher against the yen as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. Bets that the Fed will lower its benchmark overnight interest rate at its March meeting by a quarter of a percentage point soared last week after the U.S. central bank left its policy rate unchanged in the 5.25%-5.50% range and officials forecast three-quarters of a percentage point in cuts next year. "The Fed, having failed to push back on the aggressive dovish repricing we\'ve seen over the last six weeks or so, has given license for financial conditions to loosen further," said Michael Brown, market analyst at Trader X in London. Meanwhile, European Central Bank policymakers do not expect to change their message on the need for high interest rates before their March meeting, making any rate cut before June difficult, seven people familiar with the matter told Reuters. "Time will tell if the ECB is forced to cut interest rates sooner and more aggressively than it hopes to, but clearly markets are content betting against central banks\' "higher for longer" mantra," Matthew Weller, global head of research at FOREX.com and City Index, said in a note. The Federal Reserve is not pre-committing to cutting interest rates soon and swiftly, and the jump in market expectations that it will do so is at odds with how the U.S. central bank functions, Chicago Fed President Austan Goolsbee said on Monday. Goolsbee was the latest in a slew of Fed speakers who have pushed back against financial market expectations of how abruptly the central bank will pivot to rate cuts, including Cleveland Fed President Loretta Mester, the New York Fed\'s John Williams and Atlanta Fed\'s Raphael Bostic. Story continues "The amount of pushback we\'ve started to see post (Fed Chair Jerome) Powell\'s press conference is clearly a risk to that downside USD view, though that push back on the idea of cuts as soon as March seems largely to be falling on deaf ears thus far," Brown said. The dollar index, which measures the currency\'s strength against a basket of six rivals, was 0.07% lower at 102.55. The euro was 0.22% higher against the dollar. The yen retreated on Monday, but held near its recent highs, as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. The dollar was last up 0.51% against the Japanese currency at 142.935 yen. The Japanese currency has had a volatile few weeks, as markets struggle to get a grip on how soon the BOJ could phase out its negative interest rate policy, with comments from Governor Kazuo Ueda this month initially sparking a huge rally in the yen. That was later reversed on news that a policy shift was unlikely to come as early as December, and investors now await Tuesday\'s BOJ decision for further clarity on the bank\'s rate outlook. In any case, since hitting a multi-decade low against the dollar near 152 in November, the yen has gained around 6% in value as traders have grown increasingly convinced the BOJ\'s low-rates drag on the currency will not last much longer. "This shift in sentiment will no doubt be welcomed by the Bank of Japan and to some extent helps them out with respect to the weakness of the yen ahead of tomorrow’s rate decision," CMC markets strategist Michael Hewson said. "There is now less incentive for them to think about altering their current policy settings, although they might hint at starting to execute some form of shift early next year." Elsewhere, the Australian and New Zealand dollars, which can often act as barometers for investor risk appetite in the currency market, traded about flat on the day but remained near their respective 5-month highs against the U.S. currency. The pound was 0.31% lower against the dollar at $1.2641, as the prospect of interest rates remaining higher in Britain than in most other major economies next year offered some support to the British currency. Bitcoin was about flat on the day at $41,612. (Reporting by Saqib Iqbal Ahmed; Additional reporting by Amanda Cooper in London, Rae Wee in Singapore; Editing by Mark Heinrich, Kirsten Donovan, Deepa Babington and Cynthia Osterman)', 'By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar slipped against the euro on Monday, extending last week\'s fall, as the U.S. currency remains under pressure from the Federal Reserve\'s signaling last week the possibility of interest rate cuts next year. The dollar was higher against the yen as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. Bets that the Fed will lower its benchmark overnight interest rate at its March meeting by a quarter of a percentage point soared last week after the U.S. central bank left its policy rate unchanged in the 5.25%-5.50% range and officials forecast three-quarters of a percentage point in cuts next year. "The Fed, having failed to push back on the aggressive dovish repricing we\'ve seen over the last six weeks or so, has given license for financial conditions to loosen further," said Michael Brown, market analyst at Trader X in London. Meanwhile, European Central Bank policymakers do not expect to change their message on the need for high interest rates before their March meeting, making any rate cut before June difficult, seven people familiar with the matter told Reuters. "Time will tell if the ECB is forced to cut interest rates sooner and more aggressively than it hopes to, but clearly markets are content betting against central banks\' "higher for longer" mantra," Matthew Weller, global head of research at FOREX.com and City Index, said in a note. The Federal Reserve is not pre-committing to cutting interest rates soon and swiftly, and the jump in market expectations that it will do so is at odds with how the U.S. central bank functions, Chicago Fed President Austan Goolsbee said on Monday. Goolsbee was the latest in a slew of Fed speakers who have pushed back against financial market expectations of how abruptly the central bank will pivot to rate cuts, including Cleveland Fed President Loretta Mester, the New York Fed\'s John Williams and Atlanta Fed\'s Raphael Bostic. Story continues "The amount of pushback we\'ve started to see post (Fed Chair Jerome) Powell\'s press conference is clearly a risk to that downside USD view, though that push back on the idea of cuts as soon as March seems largely to be falling on deaf ears thus far," Brown said. The dollar index, which measures the currency\'s strength against a basket of six rivals, was 0.07% lower at 102.55. The euro was 0.22% higher against the dollar. The yen retreated on Monday, but held near its recent highs, as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. The dollar was last up 0.51% against the Japanese currency at 142.935 yen. The Japanese currency has had a volatile few weeks, as markets struggle to get a grip on how soon the BOJ could phase out its negative interest rate policy, with comments from Governor Kazuo Ueda this month initially sparking a huge rally in the yen. That was later reversed on news that a policy shift was unlikely to come as early as December, and investors now await Tuesday\'s BOJ decision for further clarity on the bank\'s rate outlook. In any case, since hitting a multi-decade low against the dollar near 152 in November, the yen has gained around 6% in value as traders have grown increasingly convinced the BOJ\'s low-rates drag on the currency will not last much longer. "This shift in sentiment will no doubt be welcomed by the Bank of Japan and to some extent helps them out with respect to the weakness of the yen ahead of tomorrow’s rate decision," CMC markets strategist Michael Hewson said. "There is now less incentive for them to think about altering their current policy settings, although they might hint at starting to execute some form of shift early next year." Elsewhere, the Australian and New Zealand dollars, which can often act as barometers for investor risk appetite in the currency market, traded about flat on the day but remained near their respective 5-month highs against the U.S. currency. The pound was 0.31% lower against the dollar at $1.2641, as the prospect of interest rates remaining higher in Britain than in most other major economies next year offered some support to the British currency. Bitcoin was about flat on the day at $41,612. (Reporting by Saqib Iqbal Ahmed; Additional reporting by Amanda Cooper in London, Rae Wee in Singapore; Editing by Mark Heinrich, Kirsten Donovan, Deepa Babington and Cynthia Osterman)', 'By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar slipped against the euro on Monday, extending last week\'s fall, as the U.S. currency remains under pressure from the Federal Reserve\'s signaling last week the possibility of interest rate cuts next year. The dollar was higher against the yen as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. Bets that the Fed will lower its benchmark overnight interest rate at its March meeting by a quarter of a percentage point soared last week after the U.S. central bank left its policy rate unchanged in the 5.25%-5.50% range and officials forecast three-quarters of a percentage point in cuts next year. "The Fed, havin **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $803,067,027,781 - Hash Rate: 562093523.0008074 - Transaction Count: 640936.0 - Unique Addresses: 715198.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Hannah Lang and Kanjyik Ghosh (Reuters) - Bitcoin soared 10% to 1-1/2 year highs on Monday, and crypto-linked stocks followed it higher as speculation about the possibility of a bitcoin exchange-traded fund drove enthusiasm about the sector and prompted short-sellers to quit positions. The world's biggest cryptocurrency was last at $32,833 after trading as high as $34,283. Crypto-related shares such as exchange Coinbase Global, miner Marathon Digital bitcoin holder MicroStrategy rose sharply and were making further gains in after-hours U.S. trade. Smaller rival ether also surged 6%, hitting a two-month high and breaking above its 200-day moving average. Anticipation of a bitcoin exchange-traded fund (ETF) has grown after reports this month, including from Reuters, that the U.S. Securities and Exchange Commission won't appeal a ruling it was wrong to reject an application from Grayscale Investments. The prospect of a spot bitcoin ETF is seen driving broader flows into the cryptocurrency, as it would allow a wider set of investors to buy exposure without directly trading it. "The market is doing its best to front-run the approval of a physical BTC ETF, with consensus being that it will happen some time in the next three months, if not sooner," said Matthew Dibb, CIO at crypto asset manager Astronaut Capital. BlackRock, VanEck, WisdomTree, Fidelity, Bitwise and Invesco all have pending bitcoin ETF applications. Blackrock's iShares ETF is on a list of ETFs on the website of clearing house DTCC, driving the most recent round of speculation that its approval is imminent. It was not clear when or why the ETF was on the list. DTCC and BlackRock did not immediately respond to requests for comment by phone and email. Last week BlackRock denied an erroneous report that the ETF was approved and sources close to the SEC confirmed the application was still pending. The SEC did not immediately respond to a request for comment emailed after business hours on Monday. Dibb also pointed to data on cyrptocurrency derivatives analytics platform Coinglass, which showed heavy liquidation of bitcoin short positions in the past 24 hours. The move also comes as concern ripples through the broader markets about the risk of Israel's war with the Islamist group Hamas becoming a wider regional conflict. "We have seen recent geopolitical tensions drive demand for scarce assets, including both physical gold and bitcoin, which many investors view as digital gold," said Zach Pandl, managing director of research at Grayscale Investments, a crypto asset manager. (This story has been corrected to fix the milestone to 1-1/2 year instead of 2-1/2 year in the headline and paragraph 1) (Reporting by Hannah Lang in Washington, Kanjyik Ghosh in Bengaluru, Tom Westbrook in Singapore and Brigid Riley in Tokyo; Editing by Krishna Chandra Eluri, Jonathan Oatis & Shri Navaratnam)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook\nSINGAPORE, Dec 19 (Reuters) - Asian shares and the yen steadied early on Tuesday as traders\' focus turned on Japan\'s central bank and whether it might edge further away from its ultra-easy monetary policy, while global equities continued to cheer the prospect of U.S. rate cuts.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was flat and just below a four-month high.\nOil held overnight gains after producer BP followed other shipping firms and said it would avoid the Red Sea following recent attacks by Houthi forces. Several countries have agreed to joint patrols to try to safeguard commercial shipping.\nJapan\'s Nikkei was flat. Nippon Steel shares fell more than 5% to a five-month low after it announced a $14.9 billion deal to buy 122-year old U.S. Steel.\nThe yen hovered around its 200-day moving average at 142.53 per dollar.\nThe Bank of Japan (BOJ) later on Tuesday will announce its latest policy decision amid speculation it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move, but policymakers might start laying the groundwork for an eventual shift.\nApril was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world tightening.\n"While steady BOJ policy may be on the cards ... the meeting may still be instrumental," said Rabobank strategist Jane Foley in a note, as the central bank plots an eventual path to higher rates.\n"With the odds currently favouring further policy normalisation next year and given rate cut risks for other G10 central banks, the yen appears poised to have a better year in 2024," she said, forecasting the dollar/yen pairing at 135 in a year\'s time.\nYields on Japanese government bonds rose very slightly in morning trade, tracking a modest lift in Treasury yields overnight. The 10-year yield had climbed 2.8 basis points after Federal Reserve Bank of Cleveland President Loretta Mester and Chicago Fed President Austan Goolsbee each pushed back at market bets on swift U.S. rate cuts next year.\nEquity markets mostly shrugged off the remarks, with the Dow Jones making a record high on Monday, while the S&P 500 drew nearer to the milestone.\nTraders reckon the slowdown in inflation means the Fed will have to ease policy just to stop real rates from rising, and are wagering on early and aggressive action.\nInterest rate futures markets price in more than 140 basis points of Fed cuts next year and were also unmoved by pushback last week from New York Fed President John Williams.\nCurrency markets were broadly steady ahead of the BOJ decision. The dovish outlook for U.S. rates had dragged the dollar index down 1.3% last week, though similarly aggressive projections elsewhere are limiting further falls.\nMarkets imply around 150 basis points of easing by the European Central Bank next year, and 114 basis points of cuts from the Bank of England.\nThat kept the euro to $1.0921 and sterling to $1.2556. The Australian dollar lifted very slightly to $0.6714 after minutes showed policymakers had considered a second straight hike in December.\nBrent crude futures settled at $77.95 a barrel.\nBitcoin bounced from a one-week low to regain a footing above $42,000 on Tuesday. Beyond the BOJ decision, U.S. housing starts figures and Canadian inflation data are due later on Tuesday.\n(Reporting by Tom Westbrook in Singapore; Editing by Jamie Freed)', 'By Tom Westbrook SINGAPORE, Dec 19 (Reuters) - Asian shares and the yen steadied early on Tuesday as traders\' focus turned on Japan\'s central bank and whether it might edge further away from its ultra-easy monetary policy, while global equities continued to cheer the prospect of U.S. rate cuts. MSCI\'s broadest index of Asia-Pacific shares outside Japan was flat and just below a four-month high. Oil held overnight gains after producer BP followed other shipping firms and said it would avoid the Red Sea following recent attacks by Houthi forces. Several countries have agreed to joint patrols to try to safeguard commercial shipping. Japan\'s Nikkei was flat. Nippon Steel shares fell more than 5% to a five-month low after it announced a $14.9 billion deal to buy 122-year old U.S. Steel. The yen hovered around its 200-day moving average at 142.53 per dollar. The Bank of Japan (BOJ) later on Tuesday will announce its latest policy decision amid speculation it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move, but policymakers might start laying the groundwork for an eventual shift. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world tightening. "While steady BOJ policy may be on the cards ... the meeting may still be instrumental," said Rabobank strategist Jane Foley in a note, as the central bank plots an eventual path to higher rates. "With the odds currently favouring further policy normalisation next year and given rate cut risks for other G10 central banks, the yen appears poised to have a better year in 2024," she said, forecasting the dollar/yen pairing at 135 in a year\'s time. Yields on Japanese government bonds rose very slightly in morning trade, tracking a modest lift in Treasury yields overnight. The 10-year yield had climbed 2.8 basis points after Federal Reserve Bank of Cleveland President Loretta Mester and Chicago Fed President Austan Goolsbee each pushed back at market bets on swift U.S. rate cuts next year. Story continues Equity markets mostly shrugged off the remarks, with the Dow Jones making a record high on Monday, while the S&P 500 drew nearer to the milestone. Traders reckon the slowdown in inflation means the Fed will have to ease policy just to stop real rates from rising, and are wagering on early and aggressive action. Interest rate futures markets price in more than 140 basis points of Fed cuts next year and were also unmoved by pushback last week from New York Fed President John Williams. Currency markets were broadly steady ahead of the BOJ decision. The dovish outlook for U.S. rates had dragged the dollar index down 1.3% last week, though similarly aggressive projections elsewhere are limiting further falls. Markets imply around 150 basis points of easing by the European Central Bank next year, and 114 basis points of cuts from the Bank of England. That kept the euro to $1.0921 and sterling to $1.2556. The Australian dollar lifted very slightly to $0.6714 after minutes showed policymakers had considered a second straight hike in December. Brent crude futures settled at $77.95 a barrel. Bitcoin bounced from a one-week low to regain a footing above $42,000 on Tuesday. Beyond the BOJ decision, U.S. housing starts figures and Canadian inflation data are due later on Tuesday. (Reporting by Tom Westbrook in Singapore; Editing by Jamie Freed)', 'By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose against the yen on Tuesday after the Bank of Japan gave no sign that its ultra-loose monetary policy was set to end, but expectations for interest rate cuts next year continued to weigh against the greenback more broadly. The Bank of Japan maintained its ultra-loose policy settings as expected, as it opted to await more evidence on whether wages and prices would rise enough to justify a shift away from massive monetary stimulus. The central bank also made no change to its dovish policy guidance, dashing hopes among some traders it would tweak the language to signal a near-term end to negative interest rates. "Traders are pulling back on a move into positive rate territory from the Bank of Japan into early new year," said Karl Schamotta, chief market strategist at Corpay in Toronto. "There was no hint in the press conference or in the statement that policymakers are ready to move rates up dramatically," Schamotta said. The dollar was 0.79% higher against the yen at 143.925 yen. Through Monday, the dollar had retreated about 3.7% against the yen this month, hurt by broad dollar weakness and also as traders stepped up yen-buying on speculation of a BOJ policy shift. Meanwhile the dollar continued to struggle against most majors as traders sold the U.S. currency on expectations that the Federal Reserve is about to start cutting rates as early as March. While Fed officials have pushed back against market expectations of how soon the Federal Open Market Committee (FOMC) could cut rates, those comments have done little to sway market pricing and stem the greenback\'s decline. "We\'re going to maybe see a little bit of a rocky start to the year where people are going to try to sell dollars just on Fed expectations and as the Bank of England and ECB remain somewhat in the higher-for-longer camp, and EM assets continue to rally," Brad Bechtel, global head of FX at Jefferies in New York. Story continues But the relative strength of the U.S. economy should insulate the dollar from further pronounced weakness, he said. "In the U.S., maybe we slow a bit, but we don\'t go into recession. That\'s actually still pretty dollar positive," Bechtel said. The dollar index, which measures the currency\'s strength against a basket of six rivals, was 0.30% lower at 102.18. The index has dipped 1.5% over the last week. Chicago Fed President Austan Goolsbee on Monday said the Fed was not pre-committing to cutting rates soon or swiftly, and the jump in market expectations that it will do so was at odds with how the U.S. central bank functions. A reading on the core Personal Consumption Expenditures (PCE) price index - the Fed\'s preferred measure of underlying inflation - is due this week, and may provide clarity on whether inflation has slowed enough for the Fed to begin easing policy next year. The risk-sensitive Australian and New Zealand dollars sat around their highest in 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: 2023-12-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $832,276,297,388 - Hash Rate: 542018754.3222071 - Transaction Count: 662880.0 - Unique Addresses: 684666.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks fell on Monday as traders took in Moody's outlook for the US credit rating. • The agency downgraded its outlook from "stable" to "negative" as concerns over the US debt build. • Investors are also looking to October inflation data, which will come out on Tuesday. US stocks fell on Monday as investors took in Moody's US credit rating outlook and looked ahead to fresh inflation data coming out on Tuesday. On Friday, Moody's Investors Service cut its outlook for the US credit rating from "stable" to "negative," signaling that a downgrade to the current AAA rating is possible. "In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues, Moody's expects that the US' fiscal deficits will remain very large, significantly weakening debt affordability," the ratings agency said. "Continued political polarization within US Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability." Investors also have their eye on the upcoming consumer price index for October, which will roll out Tuesday morning. Headline inflation is expected to have slowed to 3.28% year over year, from September's pace of 3.7%. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: • S&P 500:4,403.34, down 0.27% • Dow Jones Industrial Average:34,231.26, down 0.15% (51.84 points) • Nasdaq Composite:13,744.07, down 0.39% Here's what else is going on today: • Elon Musk's SpaceX will be worth half a trillion dollars by 2030, according to billionaire investor Ron Baron. • Warren Buffett should have invested in Teslawhen it was worth just 0.1% as much, Elon Musk said. In commodities, bonds, and crypto: • West Texas Intermediatecrude oil edged higher 0.10% to $77.25 a barrel.Brent crude, the international benchmark, ticked up 0.05% to $81.48 a barrel. • Goldslipped 0.17% to $1,933.83 per ounce. • The 10-year Treasury yield rose five basis points to 4.678%. • Bitcoindipped 0.76% to $36,869. 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:** ['People ask, “When is the metaverse coming?” I’d argue that it’s already here.\nI think the best way to think about the metaverse is that it’s not about families plugged into headsets and interacting in virtual reality. Instead, it reflects the way our personal identities, assets, and communities have merged from the physical to the digital rather than a wholesale replacement of our current world.\nMuch like we don’t assess the success of cryptocurrencies likeBitcoin(BTC-USD) on the continued existence of central banks, we shouldn’t apply the same extreme thinking to metaverse stocks.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith this backdrop in mind, the following metaverse stocks reflect the continued evolution of the metaverse. They represent the best trade-off between value and upside potential.\nSource: Miguel Lagoa / Shutterstock.com\nRoblox Corporation(NYSE:RBLX) is a platform that offers a blend of user-generated 3D experiences and virtual assets.\nRBLX is my momentum pick out of these metaverse stocks to buy. Recently, the company reported a strong quarterly report as itexceededtop and bottom line estimates. These financials can be chalked up to the company’s robust user growth and engagement metrics. Users spent over 16 billion hours on Roblox, a 20% increase year over year (YOY). Meanwhile, the average daily users surged to 70.2 million, up 20% YOY.\nNotably, RBLX has beencash flowpositive over the last twelve months, recording 21.42 million, despite reporting accounting losses in the form of earnings. Analysts predict that the stock will increase its revenues looking ahead. Its current price-to-sales ratio of 10.56 is higher than its forward price-to-sales ratio of 7. This indicates possible upside in store for RBLX going forward.\nSource: viewimage / Shutterstock.com\nUnity Software(NYSE:U) is known for its tools that enable the creation of interactive, real-time 3D content.\nWhile RBLX represents a momentum play that could carry into next year, Unity is a contrarian pick. It takes advantage of some short-term weaknesses exhibited by the company.\nThe company’s share tanked upon thereleaseof its quarterly report last month. It missed Q3 earnings (loss of $0.32/share) but reported a positive free cash flow of $104 million. Also, it came up short on some crucial revenue estimates. Thus, Q3 sales landed at $544.2 million, below the forecast but up 69% YOY.\nHowever, analysts expect significant growth in free cash flow in the next two years, potentially reaching $590 million by 2025.\nSince the report was released, it has surged 21.36% over the past five days. And with a Santa Claus rally in mind, it could rally higher. It’s trading at a slightdiscountto its forward PS ratio of 6.37.\nTherefore, Unity is one metaverse stock to consider.\nSource: Evolf / Shutterstock.com\nFinally,Nvidia(NASDAQ:NVDA) is well-known for its GPUs. But now it is expanding into essential semiconductors and chip systems. Nvidia essentially sells the picks and shovels needed for the virtual reality aspect of the metaverse to fully come alive.\nNVDA has many irons in the fire to power its future growth. One of those is itscollaborationwithMicrosoft’s(NASDAQ:MSFT) Azure cloud computing, announced earlier this year.\nThe agreement will see the integration of Nvidia’s Omniverse with Microsoft 365, Teams, and OneDrive for better developer cooperation.\nTrue, the company’s P/E ratio of 66.12 times earnings is a little rich. But, it’s important to balance this fact with its overall earnings growth potential. And in this case, the trade-off may be worth it for investors.\nOn the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to theInvestorPlace.comPublishing Guidelines.\nMatthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe post3 Metaverse Stocks You’ll Regret Not Buying Soon: December Editionappeared first onInvestorPlace.', 'People ask, “When is the metaverse coming?” I’d argue that it’s already here. I think the best way to think about the metaverse is that it’s not about families plugged into headsets and interacting in virtual reality. Instead, it reflects the way our personal identities, assets, and communities have merged from the physical to the digital rather than a wholesale replacement of our current world. Much like we don’t assess the success of cryptocurrencies like Bitcoin ( BTC-USD ) on the continued existence of central banks, we shouldn’t apply the same extreme thinking to metaverse stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips With this backdrop in mind, the following metaverse stocks reflect the continued evolution of the metaverse. They represent the best trade-off between value and upside potential. Roblox Corporation (RBLX) Roblox Stock IPO Source: Miguel Lagoa / Shutterstock.com Roblox Corporation (NYSE: RBLX ) is a platform that offers a blend of user-generated 3D experiences and virtual assets. RBLX is my momentum pick out of these metaverse stocks to buy. Recently, the company reported a strong quarterly report as it exceeded top and bottom line estimates. These financials can be chalked up to the company’s robust user growth and engagement metrics. Users spent over 16 billion hours on Roblox, a 20% increase year over year ( YOY ). Meanwhile, the average daily users surged to 70.2 million, up 20% YOY. Notably, RBLX has been cash flow positive over the last twelve months, recording 21.42 million, despite reporting accounting losses in the form of earnings. Analysts predict that the stock will increase its revenues looking ahead. Its current price-to-sales ratio of 10.56 is higher than its forward price-to-sales ratio of 7. This indicates possible upside in store for RBLX going forward. Unity Software (U) In this photo illustration Unity Software Inc. (U stock) logo is seen on a mobile phone and a computer screen. Source: viewimage / Shutterstock.com Unity Software (NYSE: U ) is known for its tools that enable the creation of interactive, real-time 3D content. Story continues While RBLX represents a momentum play that could carry into next year, Unity is a contrarian pick. It takes advantage of some short-term weaknesses exhibited by the company. The company’s share tanked upon the release of its quarterly report last month. It missed Q3 earnings (loss of $0.32/share) but reported a positive free cash flow of $104 million. Also, it came up short on some crucial revenue estimates. Thus, Q3 sales landed at $544.2 million, below the forecast but up 69% YOY. However, analysts expect significant growth in free cash flow in the next two years, potentially reaching $590 million by 2025. Since the report was released, it has surged 21.36% over the past five days. And with a Santa Claus rally in mind, it could rally higher. It’s trading at a slight discount to its forward PS ratio of 6.37. Therefore, Unity is one metaverse stock to consider. Nvidia (NVDA) Nvidia corporation (NVDA) logo displayed on smartphone with stock market chart background. Nvidia is a global leader in artificial intelligence hardware. Source: Evolf / Shutterstock.com Finally, Nvidia (NASDAQ: NVDA ) is well-known for its GPUs. But now it is expanding into essential semiconductors and chip systems. Nvidia essentially sells the picks and shovels needed for the virtual reality aspect of the metaverse to fully come alive. NVDA has many irons in the fire to power its future growth. One of those is its collaboration with Microsoft’s (NASDAQ: MSFT ) Azure cloud computing, announced earlier this year. The agreement will see the integration of Nvidia’s Omniverse with Microsoft 365, Teams, and OneDrive for better developer cooperation. True, the company’s P/E ratio of 66.12 times earnings is a little rich. But, it’s important to balance this fact with its overall earnings growth potential. And in this case, the trade-off may be worth it for investors. On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The #1 AI Investment Might Be This Company You’ve Never Heard Of The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Metaverse Stocks You’ll Regret Not Buying Soon: December Edition appeared first on InvestorPlace .', "Spot Bitcoin ETF Marketing Kicks Off With Bitwise Ad As a deadline to approve a spot bitcoin ETF nears, the marketing war has begun as issuers seek to win a share of a market some experts say will be worth billions of dollars. On Monday, Bitwise Asset Management kicked off the race to market to potential investors by showing its first video advertisement on X (formerly Twitter) featuring Jonathan Goldsmith, who tells the audience, “You kn **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $839,571,475,050 - Hash Rate: 485140243.06617314 - Transaction Count: 582506.0 - Unique Addresses: 659068.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: 'The stupidest investment I ever saw': Charlie Munger trashes 2 popular investing trends — here's what Warren Buffett's business partner prefers instead Billionaire investor Charlie Munger trashed two popular investing trends in a keynote address at Zoom’s Zoomtopia 2023 conference. The vice chairman of Berkshire Hathaway — and Warren Buffett ’s right-hand man — tossed a wet blanket on the excitement around artificial intelligence (AI). 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 Worried about the economy? Here are the best shock-proof assets for your portfolio. (They’re all outside of the stock market.) 'A natural way to diversify': Janet Yellen now says Americans should expect a decline in the USD as the world's reserve currency — 3 ways you can prepare “I think it’s getting a huge amount of hype,” Munger said during his keynote address Oct. 4, according to Fortune . “I think it’s probably getting more than it deserves.” He didn’t stop there. The no-nonsense 99-year-old also slammed Bitcoin — and to a wider extent, cryptocurrency — as “the stupidest investment I ever saw.” With decades of investing experience under his belt, Munger is wary of hot commodities and stocks that could boom one year and tank the next. Here’s what he likes instead. AI stocks First, let’s unpack Munger’s negative comments on AI and crypto. If you look at the so-called “Magnificent Seven” — the seven largest U.S. companies by market capitalization: Apple, Microsoft, Amazon, Google, Nvidia , Tesla and Meta — they’ve all initiated immense AI projects and there’s been a huge injection of private equity into AI-focused businesses. Many inventors see AI as the next big thing — but Munger is not on the bandwagon, noting at the conference that it has existed since the 1950s. “We’ve always had artificial intelligence, where software creates more software,” he said. “And, of course, that’s very useful, [but] we’ve had it for a long time.” This bold take from Munger was hardly shocking. The investor announced he was “personally skeptical” about AI at Berkshire Hathaway’s 2023 annual shareholder meeting — adding: “I think old-fashioned intelligence works pretty well.” Story continues At the same meeting, Buffett likened the advent of AI to the creation of the atomic bomb . “I know we won't be able to uninvent it," Buffett said. “But is it good for the next 200 years of the world?” Both Munger and Buffett are known for making high-quality and long-term investments rather than jumping on the next hot asset or stock. Some of their long-term holdings are in companies that are actually driving the AI train, such as technology giants Apple and Amazon and some of the nation’s leading banks. Read more: Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead . Get in now for strong long-term tailwinds Bitcoin and crypto Munger has been very vocal about his dislike for cryptocurrencies in the past — and it seems the crypto crash of 2022 and the implosion of crypto exchange FTX have only etched his opinion deeper in stone. “Don’t get me started on Bitcoins,” he told the Zoomtopia audience, as reported by Fortune. “Most of those investments are going to zero.” Bitcoin prices dropped nearly 65% in 2022, with the popular cryptocurrency logging its worst annual performance since 2018. The overall crypto market fared no better. After hitting a peak of around $3 trillion in November 2021, the crypto market took a dramatic nosedive in 2022, hitting a two-year market value low of $796 billion when FTX imploded. This year, the crypto market has shown some resilience and Bitcoin has had a resurgence. Bitcoin prices are up around 125% year-to-date. The Zoomtopia keynote wasn’t the first time Munger trashed digital currencies. In February, he penned an op-ed for the Wall Street Journal wherein he described crypto as “a gambling contract with a nearly 100% edge for the house” and called for an outright ban on cryptocurrency. At the Daily Journal’s 2023 annual shareholder meeting , shortly after the op-ed was published, Munger said of crypto: “It’s massively stupid. It’s very dangerous. The governments were totally wrong to permit it. I’m not proud of my country for allowing this crap. It's worthless, it's no good, it's crazy, it'll do nothing but harm.” Munger's favorite stocks So what does one of America’s most successful investors like, if he’s not persuaded by AI and crypto? Munger is a well-known value investor who works on the assumption that good opportunities are few and far between — and he’s willing to pay more for quality. Like Buffett, he plays the long game and uses the buy-and-hold investment strategy to reap the benefits of compound interest. Munger’s latest 13F filing includes just four stock holdings: Wells Fargo at around 41%, Bank of America at around 40%, Alibaba at around 16% and U.S. Bancorp at around 3%. Essentially, he has put all his eggs in two baskets: banking and e-commerce. Bank stocks in particular are a popular choice for value investors because most banks pay dividends, giving investors a share in profits. Munger has a net worth of approximately $2.6 billion, according to Forbes. What to read next Super-rich Americans are snatching up prime real estate abroad as US housing slumps — but here's a sharp way to invest without having to move overseas Here's how much the typical baby boomer has saved for retirement — how do you stack up right now? Jeff Bezos and Oprah Winfrey invest in this asset to keep their wealth safe — you may want to do the same in 2024 This article provides information only and should not be construed as advice. It is provided without warranty of any kind.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook SINGAPORE, Dec 21 (Reuters) - The dollar found a footing on Thursday as a sudden end to a strong rally for U.S. stocks had investors looking for safety and as an unexpected fall in British inflation hit the pound. Sterling suffered its sharpest drop in two months overnight after British inflation dived below forecasts to an annual 3.9% in October, its lowest for two years. Traders scrambled to price rate cuts by May and the currency dropped 0.7% to $1.2638. "The data suggests that inflation momentum in the United Kingdom is finally losing steam, allowing the Bank of England to join the global rate cutting cycle next year," said analyst Marios Hadjikyriacos of brokerage XM. Elsewhere heavy selling in the final hour of equities trade on Wall Street sent a ripple of risk-aversion through markets, lifting what had been an under-pressure greenback from lows. The Australian and New Zealand dollars retreated from five-month highs. The Aussie was last at $0.6714, having touched its highest since July at $0.6779 a day earlier. The kiwi traded at $0.6257. The euro was stable at $1.0943. The yen found support at 143.5 per dollar, after having lost ground on Tuesday when the Bank of Japan left its ultra-easy policy settings unchanged. Currency markets\' next focus is on Friday\'s release of the U.S. core personal consumption expenditure (PCE) index which is forecast by analysts to rise 0.2% in November with the annual inflation rate slowing to its lowest since 2021 at 3.3%. Analysts suspect the balance of risk is on the downside and the slowdown in inflation means the Fed will have to ease policy just to stop real rates from rising. But with 150 basis points of cuts already priced in next year, a massive rally in the bond market and the dollar index down more than 4% from an early November high, some signs of caution are creeping in. "Some adjustments in positions and paring back of risks ahead of (this) event...is only sensible," said OCBC currency strategist Christopher Wong in Singapore. "Liquidity is getting thinner as we get closer to the festive season, thin liquidity can exacerbate price movements on any data surprises." The dollar index, down 1% for the year so far, was steady at 102.37 in early Asia trade on Thursday. Ten-year U.S. Treasury yields hit a seven-month low of 3.847% in New York. China\'s yuan slipped on the rising dollar in overnight offshore trade, and as traders see no let up in China\'s accommodative monetary stance. It was steady at 7.1480 to the dollar on Thursday. Bitcoin leapt briefly above $44,000 on Wednesday and was steady at $43,667 on Thursday. ======================================================== Currency bid prices at 0045 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0950 $1.0943 +0.06% +0.00% +1.0950 +1.0937 Dollar/Yen 143.4350 143.6750 -0.16% +0.00% +143.5550 +143.3700 Euro/Yen 157.02 157.07 -0.03% +0.00% +157.1200 +156.8700 Dollar/Swiss 0.8624 0.8626 +0.01% +0.00% +0.8627 +0.8627 Sterling/Dollar 1.2643 1.2639 -0.02% +0.00% +1.2643 +1.2636 Dollar/Canadian 1.3351 1.3371 -0.11% +0.00% +1.3370 +1.3356 Aussie/Dollar 0.6744 0.6731 +0.19% +0.00% +0.6745 +0.6720 NZ Dollar/Dollar 0.6259 0.6248 +0.20% +0.00% +0.6260 +0.6247 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook.; Editing by Michael Perry)', 'By Tom Westbrook SINGAPORE, Dec 21 (Reuters) - The dollar found a footing on Thursday as a sudden end to a strong rally for U.S. stocks had investors looking for safety and as an unexpected fall in British inflation hit the pound. Sterling suffered its sharpest drop in two months overnight after British inflation dived below forecasts to an annual 3.9% in October, its lowest for two years. Traders scrambled to price rate cuts by May and the currency dropped 0.7% to $1.2638. "The data suggests that inflation momentum in the United Kingdom is finally losing steam, allowing the Bank of England to join the global rate cutting cycle next year," said analyst Marios Hadjikyriacos of brokerage XM. Elsewhere heavy selling in the final hour of equities trade on Wall Street sent a ripple of risk-aversion through markets, lifting what had been an under-pressure greenback from lows. The Australian and New Zealand dollars retreated from five-month highs. The Aussie was last at $0.6714, having touched its highest since July at $0.6779 a day earlier. The kiwi traded at $0.6257. The euro was stable at $1.0943. The yen found support at 143.5 per dollar, after having lost ground on Tuesday when the Bank of Japan left its ultra-easy policy settings unchanged. Currency markets\' next focus is on Friday\'s release of the U.S. core personal consumption expenditure (PCE) index which is forecast by analysts to rise 0.2% in November with the annual inflation rate slowing to its lowest since 2021 at 3.3%. Analysts suspect the balance of risk is on the downside and the slowdown in inflation means the Fed will have to ease policy just to stop real rates from rising. But with 150 basis points of cuts already priced in next year, a massive rally in the bond market and the dollar index down more than 4% from an early November high, some signs of caution are creeping in. "Some adjustments in positions and paring back of risks ahead of (this) event...is only sensible," said OCBC currency strategist Christopher Wong in Singapore. "Liquidity is getting thinner as we get closer to the festive season, thin liquidity can exacerbate price movements on any data surprises." The dollar index, down 1% for the year so far, was steady at 102.37 in early Asia trade on Thursday. Ten-year U.S. Treasury yields hit a seven-month low of 3.847% in New York. China\'s yuan slipped on the rising dollar in overnight offshore trade, and as traders see no let up in China\'s accommodative monetary stance. It was steady at 7.1480 to the dollar on Thursday. Bitcoin leapt briefly above $44,000 on Wednesday and was steady at $43,667 on Thursday. ======================================================== Currency bid prices at 0045 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0950 $1.0943 +0.06% +0.00% +1.0950 +1.0937 Dollar/Yen 143.4350 143.6750 -0.16% +0.00% +143.5550 +143.3700 Euro/Yen 157.02 157.07 -0.03% +0.00% +157.1200 +156.8700 Dollar/Swiss 0.8624 0.8626 +0.01% +0.00% +0.8627 +0.8627 Sterling/Dollar 1.2643 1.2639 -0.02% +0.00% +1.2643 +1.2636 Dollar/Canadian 1.3351 1.3371 -0.11% +0.00% +1.3370 +1.3356 Aussie/Dollar 0.6744 0.6731 +0.19% +0.00% +0.6745 +0.6720 NZ Dollar/Dollar 0.6259 0.6248 +0.20% +0.00% +0.6260 +0.6247 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook.; Editing by Michael Perry)', 'By Saqib Iqbal Ahmed and Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a one-week low against a basket of major currencies on Thursday as U.S. equities rebounded from the prior day\'s sell-off and investors braced for Friday\'s U.S. inflation data for clues to the path of future Federal Reserve policy. Data earlier Thursday showed gross domestic product increased at a 4.9% annualized rate last quarter, revised down from the previously reported 5.2%. The consumer spending element of third-quarter GDP was revised downward to 3.1% from 3.6% in the previous estimate. "The GDP number wasn\'t very helpful," said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. "We had a little bit less growth than we thought." "But there is nothing (in the day\'s action) that says the market is having second thoughts about how aggressive it\'s anticipating rate cuts in the year ahead," he said. "The dollar has been generally soft ... so I think we\'re just churning for the most part." The U.S. currency rose on Wednesday in a safe-haven bid after U.S. stocks\' abrupt afternoon sell-off. The Fed held interest rates steady last week and policymakers signaled in new economic projections that the historic monetary policy tightening engineered over the last two years is at an end and lower borrowing costs are coming in 2024. A separate report on Thursday showed the number of Americans filing new claims for unemployment benefits rose just marginally last week, suggesting underlying strength in the economy as the year winds down. Investor now await Friday\'s reading on U.S. core personal consumption expenditure (PCE) index. A November rise of 0.1% would slow the six-month annualized pace of inflation to just 2.1%, almost at the Fed\'s 2% target. Some investors expect slower inflation will prompt the Fed to ease policy to stop real rates from rising, and are wagering on early and aggressive action. Story continues The dollar fell 0.93% against the Japanese yen. Japan\'s government on Thursday slightly raised its economic growth projections for this fiscal year from its previous estimates. The yen is down roughly 8% against the dollar for the year as the Bank of Japan has steadfastly kept short-term rates negative, against 300 basis points of U.S. interest rate hikes. Sterling was up 0.4% at $1.2689 against the dollar on Thursday, a day after suffering its sharpest drop in two months on news that British inflation dived below forecasts to an annual 3.9% in October, a two-year low. Traders priced in Bank of England rate cuts as soon as May. The dollar index, which tracks the U.S. currency against six peers, was last down 0.596% at 101.8. It hit its lowest level in a week. Some analysts said month-end rebalancing in thin trade could weigh on the dollar in the near term. "U.S. equity market outperformance through December rather suggests that passive hedge rebalancing flows will run against the USD through month end," said Shaun Osborne, chief FX strategist at Scotiabank. The risk-sensitive Australian and New Zealand dollars traded higher on the day. The Aussie was last up 1.04% at $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: 2023-12-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $855,304,300,338 - Hash Rate: 488486037.84593976 - Transaction Count: 588137.0 - Unique Addresses: 699086.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitwise Prepping as if Spot Bitcoin ETF Is Coming Matt Hougan , chief investment officer of crypto investment firm Bitwise Asset Management , said that while he's aware that regulators are yet to approve a spot bitcoin ETF, his team is “preparing as though there’s going to be a launch.” “We're preparing marketing and sales strategies and press and all those things, and we're working with regulators to try to push things ahead,” he said in an interview with etf.com. "But until you cross the finish line, you just don't know." As the race to launch the first ETF that tracks physically backed cryptocurrency heats up, many firms are jockeying to grab market share, because multiple firms, including investment giants BlackRock and Fidelity Investments , could get Securities and Exchange Commission approval simultaneously. Bloomberg analysts give a 90% chance of a spot bitcoin ETF approval by Jan. 10. Hougan said that he has met with regulators to discuss the firm’s spot bitcoin filing in past months and that “all the firms” are meeting with the SEC regularly. Industry experts predict investors will pour billions into the funds once they are approved. Aspiring issuer VanEck, predicted $2.4 billion would flow in the first quarter after the funds' approval. Hougan sees more than $50 billion in the assets in the first five years after the ETFs launch and projected the funds will become among the “most successful ETF launches of all time.” Yet Hougan noted that as opposed to the launch of bitcoin futures ETFs, a few players will win the vast majority of market share, not just one firm. “There's this perception in ETF land that it's winner take all and that’s built on a history where an ETF came to market first,” he said. “[But what] are the examples where ETFs lined up in Washington all at the same time? “None.” Spot Bitcoin ETF Race Hougan expressed confidence that Bitwise, which has $10 million in assets under management in four ETFs, can compete with big firms such as BlackRock and Fidelity, saying that Bitwise’s crypto-centric approach and work with financial advisors will set it apart. Story continues Hougan added he would be surprised if every firm filing with the SEC actually launches a product—even if they are all approved—pointing to formidable infrastructure and legal hurdles. “It's pretty easy to file, but it's not as easy to launch, and it's not as easy to sustain," he said. The biggest Bitwise ETF that trades on U.S. markets is the Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) with $4.6 million under management. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved... - Reddit Posts (Sample): [['u/thetan_free', 'How to stop finance reporting on the "price" of Bitcoin?', 73, '2023-12-21 01:50', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/', 'I\'m in Australia, and our national public broadcasting service (ABC) regularly shows the Bitcoin "price" as part of the 7pm TV news bulletin. So, alongside major currency exchange rates, commodity prices etc, we\'ll see the Bitcoin "price". It\'s nauseating.\n\nClearly, this lends an air of legitimacy to the whole Ponzi-scheme, as the ABC is one of our most-trusted brands. This in turn damages vulnerable individuals and increases hardship when more butters are fed into the machine. (Or recovering butters relapse.)\n\nI\'ve been lobbying them through their internal editorial and complaints processes to cut this nonsense out.\n\nI\'m wondering if anyone has examples of responsible publishers and content producers introducing editorial processes to prevent this. That would help me out.', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/', '18na5nb', [['u/ShakaZoulou7', 57, '2023-12-21 01:53', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/ke9cppn/', "Don't they announce lottery numbers too?", '18na5nb'], ['u/thetan_free', 32, '2023-12-21 02:12', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/ke9fen1/', "Nope.\n\nIn fact, I made the point that they don't promote/report the prize pool in lotteries, gambling odds for sports events or dodgy offshore investment schemes either. These are all toxic financial products as well.\n\nTo be fair, they have run news articles on the harms of crypto to individuals and families. So they are aware of the damage. They just need to be convinced to stop participating in the hype.", '18na5nb'], ['u/Opposite_Gold8593', 21, '2023-12-21 04:28', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/ke9ymyr/', 'Well then, to be fair , they should mention it as often as they mention the currencies of El Salvador’s neighbors….never', '18na5nb'], ['u/zubbs99', 20, '2023-12-21 04:49', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/kea1czj/', 'I\'ve been annoyed by this for years now. Here in the U.S. the financial channel I watch shows multiple crypto\'s alongside precious metals as if they are similar kinds of holdings. I think if they insist on broadcasting junk-coins they should do it in a jailed "crypto corner" with a constant disclaimer that they are highly speculative, unproven, unregulated, etc.', '18na5nb'], ['u/deco19', 15, '2023-12-21 05:47', 'https://www.reddit.com/r/Buttcoin/comments/18na5nb/how_to_stop_finance_reporting_on_the_price_of/kea8dj4/', '"Why do you care the general public are being promoted wealth destruction machines via a reputable, government funded news network? Sheesh, get a life!"', '18na5nb']]], ['u/CanadaWhite', 'What would happen if major institutions like BlackRock went on a Bitcoin buying spree like Microstrategy and there are no more sellers?', 92, '2023-12-21 02:16', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/', '\nCould this scenario lead to a significant concentration of Bitcoin ownership in the possession of these financial giants, impacting market liquidity and accessibility for individual investors?\n\nIt concerns me that with these institutions dominating the market, the decentralized nature of Bitcoin could be challenged, and the majority of individuals would only be able to invest through ETFs or other managed financial products. What would it do to the price of there were no sellers and what would happen to Bitcoin if this came to pass?', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/', '18nao3u', [['u/Longjumping-Code95', 518, '2023-12-21 02:41', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9jngs/', '*What would it do to the price if there were no sellers*\n\nIt would go up until there are sellers.', '18nao3u'], ['u/AcademicoMarihuanero', 25, '2023-12-21 02:45', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9k4tj/', 'Just a random number i pulled out of my ass', '18nao3u'], ['u/never_safe_for_life', 46, '2023-12-21 02:48', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9klu4/', "Your scenario doesn't make sense. \n\nFirst, 80% of coins are in the hands of hodlers. Individuals who have believed in this tech for years, long before Bitcoin became legitimate and institutions started sniffing around. Good luck convincing them to give up all their coins. More likely institutions will be fighting over the remaining 20%, plus maybe 20% more that hodlers sell because price goes insane. \n\nSecond, people can always buy bitcoin. It's fungible and divisible to 8 decimal places. Becoming a whole coiner will go out of reach of the everyday common man, but who cares? Eventually we'll talk about satoshis and people will have 10,000 sats or some such number.", '18nao3u'], ['u/OkIllustrator8380', 56, '2023-12-21 02:52', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9l94n/', 'Whole coin is already out of reach for most the population of the world', '18nao3u'], ['u/Aerodynamic_Soda_Can', 17, '2023-12-21 02:53', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9lc6l/', "while(!sellers) price++;\n\nThere, I fixed it. Supply and demand one line'r for ya.", '18nao3u'], ['u/Individual2020', 12, '2023-12-21 02:55', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9loh0/', 'There are always sellers, but for the right price', '18nao3u'], ['u/michaelb1', 100, '2023-12-21 03:06', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9n9is/', 'There’s always a seller. Everyone has a price.', '18nao3u'], ['u/PepeDeCorozal', 15, '2023-12-21 03:47', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9t2d1/', "They can't buy till their ETF is approved. Front running is very illegal.", '18nao3u'], ['u/KonstantKash', 12, '2023-12-21 03:58', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9ujya/', "From your fingertips to God's ears.", '18nao3u'], ['u/SaltedSnail85', 15, '2023-12-21 04:13', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/ke9wk0j/', "Yeah if we remember the only invest what you can safely lose rule then wholecoiners are a thing of the past. Very few people out there can risk 43k (I don't think it's a risk but all the normies do)", '18nao3u'], ['u/moustache4you', 94, '2023-12-21 05:04', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/kea392m/', 'This is called “price discovery”.', '18nao3u'], ['u/JustWaterFast', 31, '2023-12-21 05:08', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/kea3rfk/', 'If you listen to Saylor he explicitly says he never wants to sell. It’s like buying real estate in New York City in 1700. Why would you flip homes and mess around. Just buy and rent the property for eternity.', '18nao3u'], ['u/bars2021', 34, '2023-12-21 05:20', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/kea58vc/', 'You discover who is willing to sell at a given price.', '18nao3u'], ['u/mrstoatey', 20, '2023-12-21 05:45', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/kea86gf/', 'Blackrock discovers I’m willing to sell MSTR shares at a million dollars a pop. I discover the price of a Ferrari seems much more affordable these days.', '18nao3u'], ['u/voice-of-reason_', 20, '2023-12-21 05:58', 'https://www.reddit.com/r/Bitcoin/comments/18nao3u/what_would_happen_if_major_institutions_like/kea9l68/', '4 schmekles take it or leave it', '18nao3u']]], ['u/lobster_matrix', 'Coworker laughs every time I bring up bitcoin and calls it a scam', 529, '2023-12-21 02:25', 'https://www.reddit.com/r/Bitcoin/comments/18nav28/coworker_laughs_every_time_i_bring_up_bitcoin_and/', "My coworker is a well respected staff sw engineer. I'm a lower level sw engineer, still have a lot to learn about computer science and the economy. He and I are good friends.\n\n I've brought up bitcoin with him and every time he just laughs at me, calls it a scam and a ponzi scheme, and then starts to sing the praises of the US government claiming they are way more trustworthy than some internet coin that can be hacked and manipulated. I try to tell him about the debt spiral we are in, how the fiat printer is never going to turn off, how bitcoin has outperformed pretty much everything, how it helps democratize the economy, and how it helps people in third world countries.\n\n I respect the hell out of this guy because he has a ton of experience in software development and I've learned a lot from him. But when it comes to crypto he can only see it for its potential to be used for scams. Has anyone else ever dealt with this situation? Anyone have any good talking points I can bring up with him next round?", 'https://www.reddit.com/r/Bitcoin/comments/18nav28/coworker_laughs_every_time_i_bring_up_bitcoin_and/', '18nav28', [['u/moonRekt', 87, '2023-12-21 02:30', 'https://www.reddit.com/r/Bitcoin/comments/18nav28/coworker_laughs_every_time_i_bring_up_bitcoin_and/ke9i1p5/', 'Just get rich, buy nice cars and retire early is the only way to show them', '18nav28'], ['u/Bigfornoreas0n', 57, '2023-12-21 02:3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SINGAPORE , Dec. 22, 2023 /PRNewswire/ -- UniLayer is making waves as the omnichain, layer-1 network of the future, facilitating universal interoperability on chain. UniLayer\'s testnet, which went online in September, was a resounding success, and anticipation is growing for UniLayer\'s upcoming mainnet launch, scheduled for January 10th, 2024 . UniLayer Network Unveils Cutting-Edge Omnichain Technology Supporting BRC-20 Token Standard and Ordinals UniLayer\'s Bitcoin Integration: Embracing the BRC-20 Token Standard and Ordinals UniLayer\'s first priority post-mainnet is to implement its groundbreaking Bitcoin integration, with scheduled integrations of all major networks to follow. UniLayer\'s Bitcoin integration holds a special significance, since the BRC-20 token standard and Bitcoin ordinals are now facing significant opposition from core Bitcoin developers, who are ramping up efforts to "fix" the features that have allowed for the creation of ordinals. UniLayer stands firm in its support for the BRC-20 token standard and continued innovation of legacy chains in the space. CEO, Alex Belets recently posted a series of Tweets about UniLayer\'s position on the BRC-20 token standard and ordinals: "[UniLayer will] integrate and support BRC20 Ordinals… [and] embed these advancements at the very core of our system". Follow UniLayer on Twitter for the latest news, updates, and community reward programs. UniLayer: A New Vision of Universal Interoperability The UniLayer network embodies a new paradigm in interoperability, embracing the original, "on-chain ethos" of Bitcoin itself. In alignment with this, UniLayer will begin its multi-chain journey with the landmark integration of the Bitcoin network, the first in a series of legacy blockchain integrations. Over the past year, Bitcoin has received renewed attention due to a significant technical innovation: the BRC-20 token standard, which has allowed for the creation of "Bitcoin NFTs", or ordinals. Bitcoin ordinals are distinct from ERC-20 NFTs and NFTs on other chains in that they reside directly on the blockchain, and therefore inherit the immutability and security of the Bitcoin network itself. Story continues UniLayer is poised to not only support these exciting new advances, but enhance them, through an on-chain interoperability that extends their reach to all major blockchain networks, including Ethereum, Binance Smart Chain, and Near Protocol. The UniLayer network was designed to serve as the infrastructural layer of the entire blockchain space, empowering the next generation of cross-chain DEXs, DeFi protocols, Web3 games, and other DApps, all benefiting from the highest standard of security, at high speeds and low costs. Significantly, UniLayer allows for a single "Logix" smart contract to direct and coordinate contracts across multiple networks, greatly simplifying any interoperable DApp\'s backend infrastructure, while providing high speed and security. Also, UniLayer is the first UTXO chain to successfully integrate with MetaMask, a technical breakthrough that will allow for unprecedented cross-chain access to Uniswap and a great number of other popular DApps. It will allow for the seamless onboarding of millions to UniLayer\'s interoperable infrastructure. Fundamentally, UniLayer envisions a blockchain space without borders, and the upcoming mainnet launch will turn that vision into a reality. UniLayer\'s Unstoppable Development Continues As a tech-forward, tech-first project, UniLayer\'s development has never ceased. Since the testnet launch, the team has been heads down, hard at work, refining and optimizing the network to best realize their uncompromising vision of on-chain interoperability. Recent highlights include: RPL Transactions on Consensus Level: An industry first, UniLayer is pioneering support for RPL transactions at the consensus layer, in BTC paradigm. Performance Improvements and Stability Updates: The team has implemented a vast array of enhancements that significantly boost performance and ensure greater system stability. Increased Denomination Precision: The\xa0UniLayer network has moved from the classic 1e-8 BTC denomination to the more refined 1e-18 of Ethereum. This was a complex task, necessitating a complete revamp of network serialization and security. It will enable the processing of micro-transactions, essential for high-frequency DeFi, DEXs, and gaming DApps. MPC Support: Crucially, UniLayer has integrated Multi-Party Computation (MPC) support. This is a major stride towards interoperability, and elevates integrity, security, and autonomy across multiple networks. The Future of Interoperability is On Chain The interoperability space is enjoying a surge in growth, demonstrated by the advent of a multitude of multichain bridges, layer-0 networks, and interoperability protocols. Nevertheless, UniLayer stands alone with its unique, on-chain design: an architecture that unites blockchains natively on the physical level of nodes. UniLayer empowers existing nodes of disparate networks (Bitcoin, Ethereun, Solana) to serve a dual function: validating their original network\'s transaction while also validating cross-chain transactions on the UniLayer network, gaining the capability of transacting on-chain with any other connected blockchain. The UniLayer network was built to handle the most demanding B2B use cases, achieving speeds of up to 10,000 tps (transactions per second). Combined with industry-leading, low fees and its uniquely secure physical-level node architecture, UniLayer enjoys a substantial competitive advantage over other interoperability solutions in this rapidly-growing space. UniLayer Surges Toward Mainnet Launch in Q1 2024 The UniLayer network is needed now more than ever. The inherent vulnerabilities of centralization, from collapsing exchanges to hacked bridges, demonstrate the urgent need for a fundamentally novel and secure solution to interoperability: a solution that resides purely on chain. That\'s what the UniLayer network will achieve. As we approach mainnet launch on Q1 2024, we will be keeping the community regularly updated on every advance, and offer opportunities to our community members to get involved and benefit early from UniLayer\'s entry in the space. Excited times lay ahead! To learn more about UniLayer and where we\'re headed, visit UniLayer.io . To stay up to date on our mainnet launch, developments, and partnerships, follow us on Twitter : https://twitter.com/unilayernetwork To join our growing community and talk to the team directly, visit our official Discord : https://discord.com/invite/G3cTrYmCBM Cision View original content to download multimedia: https://www.prnewswire.com/apac/news-releases/unilayer-network-unveils-cutting-edge-omnichain-technology-supporting-brc-20-token-standard-and-ordinals-302021409.html SOURCE UniLayer', 'SINGAPORE,Dec. 22, 2023/PRNewswire/ -- UniLayer is making waves as the omnichain, layer-1 network of the future, facilitating universal interoperability on chain. UniLayer\'s testnet, which went online in September, was a resounding success, and anticipation is growing for UniLayer\'s upcoming mainnet launch, scheduled forJanuary 10th, 2024.\nUniLayer\'s Bitcoin Integration: Embracing the BRC-20 Token Standard and Ordinals\nUniLayer\'s first priority post-mainnet is to implement its groundbreaking Bitcoin integration, with scheduled integrations of all major networks to follow. UniLayer\'s Bitcoin integration holds a special significance, since the BRC-20 token standard and Bitcoin ordinals are now facing significant opposition from core Bitcoin developers, who are ramping up efforts to "fix" the features that have allowed for the creation of ordinals.\nUniLayer stands firm in its support for the BRC-20 token standard and continued innovation of legacy chains in the space.\nCEO,Alex Beletsrecently posted a series of Tweets about UniLayer\'s position on the BRC-20 token standard and ordinals:\n"[UniLayer will] integrate and support BRC20 Ordinals… [and] embed these advancements at the very core of our system".\nFollow UniLayer on Twitter for the latest news, updates, and community reward programs.\nUniLayer: A New Vision of Universal Interoperability\nThe UniLayer network embodies a new paradigm in interoperability, embracing the original, "on-chain ethos" of Bitcoin itself. In alignment with this, UniLayer will begin its multi-chain journey with the landmark integration of the Bitcoin network, the first in a series of legacy blockchain integrations.\nOver the past year, Bitcoin has received renewed attention due to a significant technical innovation: the BRC-20 token standard, which has allowed for the creation of "Bitcoin NFTs", or ordinals. Bitcoin ordinals are distinct from ERC-20 NFTs and NFTs on other chains in that they reside directly on the blockchain, and therefore inherit the immutability and security of the Bitcoin network itself.\nUniLayer is poised to not only support these exciting new advances, but enhance them, through an on-chain interoperability that extends their reach to all major blockchain networks, including Ethereum, Binance Smart Chain, and Near Protocol. The UniLayer network was designed to serve as the infrastructural layer of the entire blockchain space, empowering the next generation of cross-chain DEXs, DeFi protocols, Web3 games, and other DApps, all benefiting from the highest standard of security, at high speeds and low costs.\nSignificantly, UniLayer allows for a single "Logix" smart contract to direct and coordinate contracts across multiple networks, greatly simplifying any interoperable DApp\'s backend infrastructure, while providing high speed and security.\nAlso, UniLayer is the first UTXO chain to successfully integrate with MetaMask, a technical breakthrough that will allow for unprecedented cross-chain access to Uniswap and a great number of other popular DApps. It will allow for the seamless onboarding of millions to **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $860,506,485,562 - Hash Rate: 562093523.0008074 - Transaction Count: 625531.0 - Unique Addresses: 772558.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: stock market investor person looking at smartphone and laptop 2022 was a brutal year for stocks as inflation, rising interest rates, and other macro challenges rattled the markets. Many of the stocks that were punished last year bounced back in 2023 as some of those headwinds stabilized, but the market could be due for another pullback in 2024 after the S&P 500 and Nasdaq Composite rose by about 20% and 30%, respectively, over the past 12 months. If the market plunges again next year, its more speculative stocks could be the first to tumble. One of those is MicroStrategy (NASDAQ: MSTR) , which saw its stock price nearly triple over the past 12 months as the value of its Bitcoin (CRYPTO: BTC) holdings rose. Image source: Getty Images. What does MicroStrategy do? MicroStrategy was founded 34 years ago as a data mining and analytics company. It went public in 1998, and its stock soared from its split-adjusted IPO price of $60 to a record high of $3,130 near the apex of the dot-com bubble in early 2000. But that bubble burst shortly after MicroStrategy's stock peaked, and the stock's decline was exacerbated by the unexpected restatement of its financial results for the previous two years. Those sudden revisions prompted the Securities and Exchange Commission to launch a probe into the company that eventually ended in a settlement. Over the two decades that followed, MicroStrategy divested itself of some of its businesses and expanded its software into the mobile and cloud markets . However, the aging software company faced fierce competition from higher-growth analytics companies like Salesforce as well as expanding cloud infrastructure giants like Amazon Web Services and Microsoft Azure. From a software maker to a Bitcoin hoarder From 2010 to 2020, MicroStrategy's revenue only grew at a compound annual rate of 0.6%. It also turned unprofitable in 2020. That's why it might seem odd that its stock surged 172% in 2020. That rally was completely driven by the company's abrupt decision to hoard Bitcoin as the cryptocurrency's price skyrocketed. It initially bought $250 million worth of Bitcoin in August 2020 and continued to purchase more over the following three years. Story continues MicroStrategy's revenue rose by 6% to $511 million in 2021 as its software business stabilized in a post-pandemic market. However, its net loss widened from $7.5 million in 2020 to $535.5 million in 2021 as its Bitcoin impairment losses surged. Bitcoin's price peaked at more than $65,000 in November 2021. But by the end of 2022, its price had dropped to about $16,000 as inflation, rising interest rates, and a marketwide shift away from risk assets crushed the cryptocurrency market. However, MicroStrategy was still holding 132,500 Bitcoin that it had acquired for an aggregate cost of $4 billion and at an average price of $30,100 per Bitcoin. Meanwhile, MicroStrategy's core software business stayed sluggish as declining product license and support revenues offset its rising subscription revenue. As a result, its revenue fell by 2% to $499 million in 2022 and its net loss widened to $1.47 billion. Most of that loss was attributed to its $1.29 billion in Bitcoin impairment charges. Does Bitcoin's rebound make MicroStrategy a buy? MicroStrategy seemed to be on the ropes last year, but Bitcoin's recovery to about $42,000 brought back the bulls. By the end of Q3 2023, the company was holding 158,400 Bitcoin at an average purchase price of $29,586 with a market value of $4.7 billion. That's half the company's current enterprise value of $9.4 billion -- so if the token resumes its climb, that could certainly drive MicroStrategy's stock higher. Its software business is also growing again. Its total revenue rose 1% year over year to $371.8 million in the first nine months of 2023 as its 38% growth in subscription revenue offset the declines in its product license and support revenues. It also generated a net profit of $340 million, compared to a net loss of $1.22 billion a year earlier, and its digital impairment losses declined 93% year over year. For the full year, analysts expect MicroStrategy's revenue to rise 1% to $505 million as it generates a net profit of $334 million. But based on those estimates and its current enterprise value, it still doesn't seem like a bargain at 19 times this year's sales. Its high debt-to-equity ratio of 3.0 could also limit its potential for further share price gains as long as interest rates stay elevated. Those weaknesses, along with management's odd decision to mix a slow-growth software business with a volatile Bitcoin-hoarding one, will likely make the stock an easy target for the bears if the market crashes again. So for now, I'd simply invest in higher-growth tech stocks or buy Bitcoin instead of betting on MicroStrategy's unbalanced approach to both markets. Should you invest $1,000 in MicroStrategy right now? Before you buy stock in MicroStrategy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and MicroStrategy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 7, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Bitcoin, Microsoft, and Salesforce. The Motley Fool has a disclosure policy . A Market Crash Could Come -- Is MicroStrategy Stock Still a Buy? was originally published by The Motley Fool... - 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:** ['New York Stock Exchange, Wall St, New York, USA. Getty Images US stocks closed mixed on Friday as the Fed\'s preferred inflation gauge came in below forecasts. But the major indexes notched an eighth straight weekly advance. "Disinflation is in the data now, and that is wildly positive for the economy and the market." US stocks closed mixed on Friday as a key inflation report pointed to more cooling, finishing off another week of gains. The personal consumption price index, the Federal Reserve\'s preferred inflation gauge, was up 2.6% in November on a yearly basis, down from the prior month\'s 3% pace and slower than expectations for a 2.8% gain. On a monthly basis, prices dipped 0.1%, marking the first such decline since April 2020. The major indexes also notched their eighth consecutive weekly advance. The market\'s rally since late October has been fueled by hopes that the Fed is poised to ease monetary policy in 2024 as signs mount that inflation is headed toward the 2% target. "Disinflation is in the data now, and that is wildly positive for the economy and the market. The Federal Reserve is very likely to begin cutting rates in March,"\xa0Jamie Cox, managing partner for Harris Financial Group, said in a statement. Next week, the seasonal Santa Claus rally could send stocks to record highs. Markets will be closed on Monday for the Christmas holiday and will reopen on Tuesday. Here\'s where US indexes stood at the 4 p.m. closing bell on Friday: S&P 500 : 4,754.63, up 0.2% Dow Jones Industrial Average : 37,385.97, down 0.1% Nasdaq Composite : 14,992.97, up 0.2% Here\'s what else happened today: Nike\'s warnings on China should scare other companies that do business there. "Shark Tank" investor Barbara Corcoran offered housing market advice as buying conditions ease. Morgan Stanley\'s CEO blamed 2023\'s bank failures on "stupidity of their own management." Tesla\'s market capitalization will return to $1 trillion in 2024, analysts at Wedbush predicted. Tesla CEO Elon Musk complained about running a publicly traded company. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil dipped 0.3% to $73.66 a barrel. Brent crude , the international benchmark, eased 0.25% to $79.19 a barrel. Gold ticked up 0.65% to $2,064.60 per ounce. The 10-year Treasury yield edged up 0.7 basis point to 3.90%. Bitcoin edged down 0.03% to $43,691. Read the original article on Business Insider', '• US stocks closed mixed on Friday as the Fed\'s preferred inflation gauge came in below forecasts.\n• But the major indexes notched an eighth straight weekly advance.\n• "Disinflation is in the data now, and that is wildly positive for the economy and the market."\nUS stocks closed mixed on Friday as a key inflation report pointed to more cooling, finishing off another week of gains.\nThe personal consumption price index, the Federal Reserve\'s preferred inflation gauge, was up 2.6% in November on a yearly basis, down from the prior month\'s 3% pace and slower than expectations for a 2.8% gain. On a monthly basis, prices dipped 0.1%, marking the first such decline since April 2020.\nThe major indexes also notched their eighth consecutive weekly advance. The market\'s rally since late October has been fueled by hopes that the Fed is poised to ease monetary policy in 2024 as signs mount that inflation is headed toward the 2% target.\n"Disinflation is in the data now, and that is wildly positive for the economy and the market. The Federal Reserve is very likely to begin cutting rates in March,"\xa0Jamie Cox, managing partner for Harris Financial Group, said in a statement.\nNext week, the seasonalSanta Claus rallycould send stocks to record highs. Markets will be closed on Monday for the Christmas holiday and will reopen on Tuesday.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Friday:\n• S&P 500: 4,754.63, up 0.2%\n• Dow Jones Industrial Average: 37,385.97, down 0.1%\n• Nasdaq Composite: 14,992.97, up 0.2%\nHere\'s what else happened today:\n• Nike\'s warnings on Chinashould scare other companies that do business there.\n• "Shark Tank" investor Barbara Corcoranoffered housing market advice as buying conditions ease.\n• Morgan Stanley\'s CEO blamed 2023\'s bank failureson "stupidity of their own management."\n• Tesla\'s market capitalization will return to $1 trillionin 2024, analysts at Wedbush predicted.\n• Tesla CEO Elon Musk complainedabout running a publicly traded company.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dipped 0.3% to $73.66 a barrel.Brent crude, the international benchmark, eased 0.25% to $79.19 a barrel.\n• Goldticked up 0.65% to $2,064.60 per ounce.\n• The 10-year Treasury yield edged up 0.7 basis point to 3.90%.\n• Bitcoinedged down 0.03% to $43,691.\nRead the original article onBusiness Insider', '• It has been a bad year for crypto, with prices crashing and key figures like SBF going to jail.\n• Experts say that crypto influencers and startups have responded by pivoting hard toward AI.\n• They warn that the steady influx of crypto refugees could help enflame AI\'s growing culture war.\nAt a crypto convention in 2021, Celsius co-founder and CTO Nuke Goldstein could barely contain his enthusiasm for the brave new world of the blockchain.\n"When you work in crypto you are working on a rollercoaster, it\'s fun but it\'s crazy," he said, in a video posted toCelsius\' YouTube channel. "But you wake up every morning and you know you are changing the world."\nTwo years later, it\'s fair to say that Goldstein has lost some of his enthusiasm for crypto.\nCelsius went bankrupt in 2022, with some customerslosing thousands of dollars in the process, and Goldstein now has a new job — asCEO of AI marketing startup Raver.AI, which promises to"unleash the power of AI."\nGoldstein is one of many figures in the world of cryptocurrency rapidly pivoting towards AI. With crypto funding drying up and the likes of FTX founder Sam Bankman-Fried and Binance CEO Changpeng Zhaoin jailorfacing criminal charges, many are now attempting to reinvent themselves in an attempt to cash in on the booming new technology.\nIn November, Paul Hsu, the founder of crypto-focused VC firm Decasonic,told The Wall Street Journalthat of the 200 crypto startups the company reviews every week, around 20 are pivoting to AI.\n"I think it\'s been the natural progression for a lot of people after the crypto crash of the past year," Jacob Silverman, a journalist and author who has covered the crypto industry extensively, told Business Insider. "A lot of it is just following the money."\nAI is widely seen as a world-changing technology, with some warning that it couldone day lead to the extinction of humanity.\nExperts told Business Insider that the influx of crypto refugees could pour fuel ontothe already fevered debatebetween those pushing for AI development to move even faster and those ensuring that the tech is being built responsibly.\n"People in crypto certainly have a sense of mission, and some really do think that if you convert the world to Bitcoin you\'ll somehow solve most of the world\'s problems," Silverman said.\n"But that level of messianism and utopianism is really dialed up to 12 in AI. There\'s a real sense that they think that they are doing something deeply important," he added.\nGuillaume Verdon is someone who fits that description. The former Google engineer founded his AI startup Extropic in 2022 with moneypartly raised from a side business in NFTs, per Forbes.\nVerdon was recentlyrevealed by Forbesto be one of the main advocates of the obscure Silicon Valley AI ideology known as effective accelerationism (often abbreviated to e/acc), writing on his X account under the pseudonym"Beff Jezos."\nVerdon told Forbes that the "Jezos" persona doesn\'t reflect his real-world personality, describing himself as "just a gentle Canadian" who wants to "build a better future."\nBroadly, effective accelerationists believe inunchecked technological progress as quickly as possible, regardless of societal impact.\n"The aim is to accelerate us into a kind of capitalist utopia, where technology is given free rein beyond regulation and control," said Benjamin Noys, a professor of critical theory at the University of Chichester who has studied accelerationism extensively.\nWhen it comes to AI, effective accelerationism means a headlong rush to create AGI or artificial general intelligence — a hypothetical AI model that would be far more intelligent than humanity. This stands in contrast to AI safety advocates who have warned that this could have devastating consequences.\nAs a result, e/acc adherents are often very anti-regulation, something they share with the crypto enthusiasts now flooding into the AI industry.\n"There\'s a strong overlap between the crypto folks and the e/acc folks," Molly White, a former software engineer and crypto researcher, told BI.\n"I think that ideology fits very well with parts of the crypto ideology, as well as the meme culture that was such a big part of crypto," she added, alluding to theoften toxic online discoursethat saw crypto proponents regularly take aim at regulators and doubters.\nThat overlap was readily apparent at a recent "unofficial official" afterparty for attendees of OpenAI\'s developer day, which saw pop starGrimes DJ for a crowd of enthusiastic accelerationistsunder banners adorned with "accelerate or die" and the libertarian: "don\'t tread on me" slogan that\'s popular among crypto enthusiasts.\nThe party waspartly sponsored by Extropic, according to Forbes, with Verdon attending and describing it as the beginning of "the SF cyberpunk AI counter-culture scene"in a Facebook post.\nE/acc has gained somehigh-profile backersin the past year, including veteran investors and early crypto backersMarc AndreessenandGarry Tan.\nThis online ideology has also fuelled debates about how tech companies should develop AI safely, with advocates such as Verdonatta **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $853,858,359,725 - Hash Rate: 560327733.6667341 - Transaction Count: 608479.0 - Unique Addresses: 683793.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ./ This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 10, 2023 to its short form base shelf prospectus dated May 1, 2023 . VANCOUVER, BC , Dec. 19, 2023 /CNW/ - HIVE Digital Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:YO0.F) (the "Company" or "HIVE") a leading digital asset miner and "green" focused data center builder and operator is pleased to announce that it has entered into an agreement with Stifel Canada and Canaccord Genuity as co-lead underwriters and joint bookrunners (the "Underwriters"), whereby the Underwriters will purchase, on a bought-deal basis, 5,000,000 special warrants of the Company (the "Special Warrants") at a price of $5.00 per Special Warrant for aggregate gross proceeds to the Company of $25,000,000 (the "Offering"). The completion of the Offering will be subject to receipt of all necessary regulatory and corporate approvals or consents. The Company will grant the Underwriters an option to increase the size of the Offering by up to an additional 15% of the Special Warrants sold under the Offering, exercisable in whole or in part, at any time and from time to time up to 48 hours prior to the Closing Date (as hereinafter defined). Each Special Warrant shall entitle the holder thereof to receive, subject to adjustment in certain circumstances and the Penalty Provision (as defined below), and without payment of additional consideration, one (1) unit of the Company (each a "Unit") upon the exercise or deemed exercise of each Special Warrant. Each Unit shall consist of one (1) common share of the Company (a "Unit Share") and one-half (0.5) of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share of the Company (a "Warrant Share") at a price of $6.00 per Warrant Share for a period of 36 months following the closing of the Offering. The Special Warrants will be exercisable by the holders thereof at any time after the Closing Date for no additional consideration. All unexercised Special Warrants shall be deemed exercised on behalf of, and without any required action on the part of, the holders (including payment of additional consideration) on the earlier of: Story continues (i) the second business day following the date on which a final receipt is obtained from the British Columbia Securities Commission (the "BCSC"), as principal regulator on behalf of the securities regulatory authorities in each Province of Canada, except Québec , for a (final) short form prospectus qualifying the distribution of the Unit Shares and Warrants to be issued upon exercise of the Special Warrants (the "Qualification Date"); and (ii) 4:59 p.m. (Toronto time) on the date which is four months and a day following the Closing Date (the "Qualification Deadline"). In the event the Qualification Date has not occurred on or before the date that is 30 business days following the Closing Date (the "Penalty Date"), each outstanding Special Warrant shall thereafter entitle the holder to receive, upon the exercise or deemed exercise of each Special Warrant, for no additional consideration, 1.1 Units (the "Penalty Provision"). The Company anticipates the net proceeds of the Offering will be used to support the growth of its business including the expansion of data centers to utilize an additional 100 MW of green energy to add approximately 5 Exahash to HIVE's existing green Bitcoin mining footprint, as well as for working capital and general corporate purposes. HIVE also anticipates being able to HODL all its Bitcoin until the upcoming Halving. The closing of the Offering is anticipated to be on December 28, 2023 (the "Closing Date").  In consideration for their services, the Underwriters will receive a cash commission equal to 6% of the gross proceeds of the Offering plus 6% broker warrants. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. About HIVE Digital Technologies Ltd. HIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada , Sweden , and Iceland , where we endeavour to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin . Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release Forward-Looking Information Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements with respect to information about the Offering and the use of proceeds, potential dilution and application of the Penalty Provision; business goals and objectives of the Company; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company's performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company's filings at www.sec.gov/EDGAR and www.sedar.com . The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to complete the Offering the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE HIVE Digital Technologies Ltd. Cision View original content: http://www.newswire.ca/en/releases/archive/December2023/19/c5336.html... - 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 GettyImages-498612209 Growth stocks rebounded sharply in 2023, and that was good news for star investor Cathie Wood and her Ark Investment Management family of exchange-traded funds. Wood's flagship ARK Innovation ETF (NYSEMKT: ARKK) generated strong returns, rising 67% with just a single week left in the year and recovering a significant amount of ground after big losses in 2022. Yet ARK Innovation wasn't Wood's best performer in 2023. That honor instead goes to the ARK Next Generation Internet ETF (NYSEMKT: ARKW) , which nearly doubled in value and benefited even more from favorable trends in popular areas like artificial intelligence and cryptocurrency. Here's everything you need to know about this top-performing Ark Invest ETF and why Wood is so optimistic about the exchange-traded fund's long-term prospects. Leading the way higher As you can see below, ARK Next Generation Internet and ARK Innovation largely made the same moves throughout the year. However, ARK Next Generation Internet had a greater concentration of top-moving stocks, helping to amplify its returns in 2023. ARKK Total Return Level Chart A look at the top holdings within ARK's winning ETF in 2023 makes it easy to identify the source of its outperformance. Top holding Coinbase Global (NASDAQ: COIN) benefited from the end of the crypto winter as the price of Bitcoin (CRYPTO: BTC) soared back above $40,000 by year end. Coinbase has positioned itself well to benefit if the U.S. Securities and Exchange Commission finally approves a spot Bitcoin ETF for ordinary investors, and its crypto trading platform stands to generate more revenue and profit if higher crypto prices spur renewed excitement among investors. Coinbase stock has almost quintupled in 2023. Other top performers among ARK Next Generation Internet's holdings include Roku (NASDAQ: ROKU) , UiPath (NYSE: PATH) , and Tesla (NASDAQ: TSLA) . Roku has made considerable progress in finding ways to monetize the rising popularity of connected TV, as advertisers have flocked to take advantage of the ability to target their marketing efforts more effectively to viewers. For UiPath , growing demand for robotic process automation in an AI world has helped the newly public company turn its stock around in 2023, and it still has plenty of upside to get back to where shares traded shortly after its 2021 IPO. And Tesla remains a force to be reckoned with in the electric vehicle space, while many investors also see its efforts in AI-driven robotics and autonomous driving as having even greater value in the long run. Story continues Ambitious picks with constant rebalancing Many investors respect Wood for her gutsy calls on the investments she selects for Ark Invest fund holdings. For instance, on Bitcoin, Wood said that the price of Bitcoin could rise to nearly $1.5 million by 2030, based on her analysis of institutional investing trends and rising adoption of the leading cryptocurrency. That would represent a roughly a 35-fold increase in the cryptocurrency's value, and it would inevitably have a positive impact on Coinbase's business. Yet one thing that largely flies under the radar among investors is that Wood doesn't hesitate to trim positions in her winning stocks in order to fund purchases of other stocks. Earlier in December, Wood sold the most shares in Coinbase in months, with the Next Generation Internet ETF selling about 17,000 shares for roughly $24 million. Investors shouldn't take that as a sign of no confidence in Coinbase's future. Even that large a sale represents just a trimming of a position that makes up 12% of the fund. And after such a big rise, taking the opportunity to make a switch to stocks that might have a greater chance of explosive returns in 2024 would be typical of Wood's long-term performance. More gains ahead in 2024? Even with 2023's gains, the losses that Ark Invest ETFs suffered in 2022 were large enough that Wood still has some work to do to satisfy some of her investors. Nevertheless, there's little doubt that key trends like AI and cryptocurrency will remain at the forefront of investors' attention in the coming year. That could bode well for Wood and the Ark Invest ETFs in 2024 and beyond. Should you invest $1,000 in Ark ETF Trust-Ark Next Generation Internet ETF right now? Before you buy stock in Ark ETF Trust-Ark Next Generation Internet ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Ark ETF Trust-Ark Next Generation Internet ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 18, 2023 Dan Caplinger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Roku, Tesla, and UiPath. The Motley Fool has a disclosure policy . This Was Cathie Wood's Best ETF in 2024 was originally published by The Motley Fool", "Growth stocks rebounded sharply in 2023, and that was good news for star investor Cathie Wood and her Ark Investment Management family of exchange-traded funds. Wood's flagshipARK Innovation ETF(NYSEMKT: ARKK)generated strong returns, rising 67% with just a single week left in the year and recovering a significant amount of ground after big losses in 2022.\nYetARK Innovationwasn't Wood's best performer in 2023. That honor instead goes to theARK Next Generation Internet ETF(NYSEMKT: ARKW), which nearly doubled in value and benefited even more from favorable trends in popular areas like artificial intelligence and cryptocurrency. Here's everything you need to know about this top-performing Ark Invest ETF and why Wood is so optimistic about theexchange-traded fund'slong-term prospects.\nAs you can see below, ARK Next Generation Internet and ARK Innovation largely made the same moves throughout the year. However, ARK Next Generation Internet had a greater concentration of top-moving stocks, helping to amplify its returns in 2023.\nA look at the top holdings within ARK's winning ETF in 2023 makes it easy to identify the source of its outperformance. Top holdingCoinbase Global(NASDAQ: COIN)benefited from the end of the crypto winter as the price ofBitcoin(CRYPTO: BTC)soared back above $40,000 by year end. Coinbase has positioned itself well to benefit if the U.S. Securities and Exchange Commission finally approves a spot Bitcoin ETF for ordinary investors, and its crypto trading platform stands to generate more revenue and profit if higher crypto prices spur renewed excitement among investors.Coinbase stock has almost quintupledin 2023.\nOther top performers among ARK Next Generation Internet's holdings includeRoku(NASDAQ: ROKU),UiPath(NYSE: PATH), andTesla(NASDAQ: TSLA).Roku has made considerable progressin finding ways to monetize the rising popularity of connected TV, as advertisers have flocked to take advantage of the ability to target their marketing efforts more effectively to viewers.For UiPath, growing demand for robotic process automation in an AI world has helped the newly public company turn its stock around in 2023, and it still has plenty of upside to get back to where shares traded shortly after its 2021 IPO. And Tesla remains a force to be reckoned with in the electric vehicle space, while many investors also see its efforts inAI-driven roboticsand autonomous driving as having even greater value in the long run.\nMany investors respect Wood for her gutsy calls on the investments she selects for Ark Invest fund holdings. For instance, on Bitcoin, Wood said that theprice of Bitcoin could rise to nearly $1.5 millionby 2030, based on her analysis of institutional investing trends and rising adoption of the leading cryptocurrency. That would represent a roughly a 35-fold increase in the cryptocurrency's value, and it would inevitably have a positive impact on Coinbase's business.\nYet one thing that largely flies under the radar among investors is that Wood doesn't hesitate to trim positions in her winning stocks in order to fund purchases of other stocks. Earlier in December, Wood sold the most shares in Coinbase in months, with the Next Generation Internet ETF selling about 17,000 shares for roughly $24 million.\nInvestors shouldn't take that as a sign of no confidence in Coinbase's future. Even that large a sale represents just a trimming of a position that makes up 12% of the fund. And after such a big rise, taking the opportunity to make a switch to stocks that might have a greater chance of explosive returns in 2024 would be typical of Wood's long-term performance.\nEven with 2023's gains, the losses that Ark Invest ETFs suffered in 2022 were large enough that Wood still has some work to do to satisfy some of her investors. Nevertheless, there's little doubt that key trends like AI and cryptocurrency will remain at the forefront of investors' attention in the coming year. That could bode well for Wood and the Ark Invest ETFs in 2024 and beyond.\nShould you invest $1,000 in Ark ETF Trust-Ark Next Generation Internet ETF right now?\nBefore you buy stock in Ark ETF Trust-Ark Next Generation Internet ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Ark ETF Trust-Ark Next Generation Internet ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $853,989,510,281 - Hash Rate: 612085087.5512694 - Transaction Count: 723459.0 - Unique Addresses: 731313.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Round Table is backed by seasoned Silicon Valley Investor,Tim Draper, and NBA All-Star,Baron Davis SAN MATEO, Calif.,Nov. 16, 2023/PRNewswire/ --Draper Round Table, a web3 deals syndication platform backed by Silicon Valley investor and Bitcoin whale,Tim Draper, along with NBA All-StarBaron Davis, announced today it has merged under theDraperXsyndication platform, which offers family offices the ability to invest directly in highly vetted deals alongside Draper and 150+ select funds. The merger will afford new opportunities for both DraperX and Draper Round Table, paving the way for ground-breaking investments in space tech and healthcare domains, in particular. The collective strength harnessed from this unification is poised to accelerate the realization of ambitious projects, with more to be unveiled in the coming months. Co-Founder and General Partner Siddarth Sridhar expressed his enthusiasm about the new venture, stating, "Being acquired by DraperX comes at a pivotal moment for us, especially following our phenomenal syndications with companies like LunarCrush, where we co-led their$5MSeries A, and a few deals still to be announced, all in the span of just one year. I couldn't be more excited to see how we grow in the realm of early-stage investing across various sectors." Sridhar, Davis, and team will join DraperX as strategic advisors relating to sector-specific syndication and platform growth as Draper X begins to shift its focus beyond family offices and co-investments to fund operations and corporate connections. Hambardzum Kaghketsyan, CEO of DraperX, shared, "The integration of Draper Round Table into the DraperX ecosystem is a testament to the aligned vision and ambition shared by both entities. They have been one of the most active investors on our platform with a powerful vision for the future. The road ahead is very exciting." Tim Draper, Founding Director of both Draper Round Table and DraperX, also weighed in on the merger, stating, "Draper Round Table was a crucial stepping stone that enabled investors to share deals and deploy capital effectively. Its integration with DraperX now unifies our brand and magnifies our capacity to support promising ventures. This unity is essential for streamlining operations and driving forward our collective investment goals." Newcomers to the investment realm can become a part of the Draper Ecosystem, gaining the eligibility to invest alongside seasoned venture capitalists from the Draper Network on the exclusive deal-sharing platform, DraperX. They will also have the opportunity to become potential limited partners in other funds within the Network. DraperX is engineered to ease the entry of family offices into the venture capital landscape, enabling them to invest in ventures of their preference. About DraperXDraperX is an investment club platform to connect startups to investors. DraperX was originally only available to members of the Draper Venture Network. Now it is being opened up to qualified family offices and corporations. About Draper Venture NetworkInitially formed in 1990, the Draper Venture Network is a self-governed organization of independent venture funds that cooperate on investment diligence, marketing intelligence, corporate relationships, and co-investments. The member funds raise their own capital and manage their investment decisions independently. View original content:https://www.prnewswire.com/news-releases/draper-round-table-merges-with-the-draperx-platform-301990976.html SOURCE Draper Round Table... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["In this piece, we will take a look at the 13 most promising tech stocks according to analysts. If you want to skip our coverage of the latest developments in the technology industry, then you can skip the introduction and take a look at the 5 Most Promising Tech Stocks According to Analysts . The technology industry is arguably the one of the largest and most important in the world. Tech powers up millions of gadgets everyday and has a presence in both industries and personal use. Its rise has also been over a short time period when compared to other big sectors such as crude oil. 2023 has also been the year of tech stocks in an environment plagued by rapid interest rate hikes by the Federal Reserve. The year started out with widespread uncertainty about the future of the stock market and the economy, since record high inflation had spurred the Fed to rapidly increase interest rates. Investors were worried that excessive tightening would tip the economy into a recession, and they adjusted their bets accordingly by taking money out of risky technology stocks and into safer assets such as the U.S. dollar and gold. However, the massive popularity of ChatGPT, the world's first generative artificial intelligence model made available for public use, flipped the conversation. Suddenly, no one wanted to miss out on the potential of A.I. to disrupt the world just like the smartphone had a little over a decade ago. This optimism was reflected in big technology stocks, as Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), and Meta Platforms, Inc. (NASDAQ:META) all soaring. Now, with the year coming to an end, the technology industry of today has come quite far from where it stood at the start of the year. While A.I. has been the talk of the town, several other sectors have also injected fervor amongst investors. One report that often lists emerging technology trends before they make it to the public sphere is the Gartner Strategic Technology Trends Report. For 2023, this list shares more technology trends than just A.I. For instance, one sector that Gartner believes carries the potential to transform how businesses deal with risk is the Digital Immune System. This rather interesting sector is a self evaluating software that monitors a firm's broader software environment to make sure any bug or security related downtimes do not affect customer experience. Story continues Apart from the Digitial Immune System, also included are artificial intelligence and the metaverse which we've talked about in a lot of detail (you can check out 12 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds and 11 Most Promising Metaverse Stocks To Buy According To Hedge Funds ). These are met by technology sectors called Superapps and Industry Cloud Platforms. Both are already offered by several companies, and their popularity also depends on geography. When it comes to Superapps, they are more common in Asia. Two of the most popular Superapps in Asia are offered by Tencent Holdings Limited (OTCMKTS:TCEHY) and Grab Holdings Limited (NASDAQ:GRAB). These allow users a one stop shop for all of their needs such as booking transportation, ordering groceries, or sending money. A Superapp being a hot technology is really unintuitive since the significant computational power offered by even a mid tier smartphone today is put to good use by allowing the user to do nearly everything with their device. So, with 2023 heading to a close, we decided to take a look at the most promising technology stocks according to analysts. Some notable picks are SoundHound AI, Inc. (NASDAQ: SOUN ), AST SpaceMobile, Inc. (NASDAQ: ASTS ), and Aehr Test Systems (NASDAQ: AEHR ). 13 Most Promising Tech Stocks According to Analysts An experienced technician inspecting a diesel particulate air filter in a clean technology factory. Our Methodology To make our list of the most promising technology stocks according to analysts, we ranked all technology companies with a market capitalization greater than $300 million by the average analyst share price percentage upside. Out of these, the stocks with the highest upside were chosen. For these stocks we have also mentioned hedge fund sentiment. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years ( see the details here ). That’s why we pay very close attention to this often-ignored indicator. 13 Most Promising Tech Stocks According to Analysts 13. Shoals Technologies Group, Inc. (NASDAQ: SHLS ) Latest Average Analyst Share Price Target: $25.47 Latest Share Price Percentage Upside: 61.61% Shoals Technologies Group, Inc. (NASDAQ:SHLS) is a renewable energy technology company that makes and sells equipment used in solar, battery, and other power generation systems. A well diversified business model that sees the firm target several high growth sectors at once has helped it on the financial front. Shoals Technologies Group, Inc. (NASDAQ:SHLS)\xa0 has beaten analyst EPS estimates in all its four latest quarters, and the shares are rated Buy on average with an average share price target of $25.47. 33 out of the 910 hedge funds part of Insider Monkey's database had held a stake in Shoals Technologies Group, Inc. (NASDAQ:SHLS) as of September 2023 end. Out of these, the firm's biggest hedge fund shareholder is Todd J. Cantor's Encompass Capital Advisors as it owns 4.4 million shares that are worth $80.3 million. Along with AST SpaceMobile, Inc. (NASDAQ:ASTS), SoundHound AI, Inc. (NASDAQ:SOUN), and Aehr Test Systems (NASDAQ:AEHR), Shoals Technologies Group, Inc. (NASDAQ:SHLS) is a promising technology stock according to analysts. 12. Stem, Inc. (NYSE: STEM ) Latest Average Analyst Share Price Target: $6.48 Latest Share Price Percentage Upside: 62.81% Stem, Inc. (NYSE:STEM) provides hardware and software products that are used in energy storage systems. Despite the considerable hype that the firm has generated with its A.I. energy products, unlike Shoals Technologies Group, Inc. (NASDAQ:SHLS), it has struggled to meet analyst estimates when it comes to bottom line profits. However, Stem, Inc. (NYSE:STEM)'s third quarter earnings saw it tout a strong $676 million in bookings, adding to the 34% annual revenue growth which it exhibited during the quarter. For the same third quarter, 16 out of the 910 hedge funds covered by Insider Monkey's database were the firm's shareholders. Stem, Inc. (NYSE:STEM)'s largest investor in our database is Jos Shaver's Electron Capital Partners due to its $21.1 million investment. 11. Vimeo, Inc. (NASDAQ: VMEO ) Latest Average Analyst Share Price Target: $6.50 Latest Share Price Percentage Upside: 62.91% Vimeo, Inc. (NASDAQ:VMEO) is a collaborative software as a service (SaaS) company that enables users to work and contribute remotely. The growth in remote work following the global shift in the wake of the coronavirus pandemic has boded well for the company. It has beaten analyst EPS estimates in all four of its latest quarters and maintained momentum despite the departure of its top executive in August. Insider Monkey compiled and analyzed data from 910 hedge fund SEC filings covering 2023's third quarter. This revealed that 28 were Vimeo, Inc. (NASDAQ:VMEO)'s investors, out of which Joshua Kushner's Thrive Capital held the largest stake worth $20.7 million. 10. Xperi Inc. (NYSE: XPER ) Latest Average Analyst Share Price Target: $18.2 Latest Share Price Percentage Upside: 70.41% Xperi Inc. (NYSE:XPER) is a hardware company that provides entertainment subscription services as well as hardware products. It is headquartered in San Jose, California, and its shares have been quite turbulent this year. After the market peaked during H1 2023, Xperi Inc. (NYSE:XPER)'s shares proceeded to tanked 37% by October 2023 close. However, the shares have gained 24% since then, due to a massive rise in value in the aftermath of its third quarter results. Year to date, the stock is up a respectable 20%. As of Q3 2023 end, 14 out of the 910 hedge funds tracked by Insider Monkey had invested in Xperi Inc. (NYSE:XPER). 9. Materialise NV (NASDAQ: MTLS ) Latest Average Analyst Share Price Target: $11.5 Latest Share Price Percentage Upside: 71.13% Materialise NV (NASDAQ:MTLS) is an additive manufacturing and 3D printing company that provides 3D engineering, manufacturing, and software services to customers on several continents. The firm's shares are rated Strong Buy on average, with the only coverage during 2023 coming from Lake Street. JPMorgan last rated the shares in October 2022 when it cut the share price target to $16 from an earlier $28. Materialise NV (NASDAQ:MTLS)'s financial performance saw it grow revenue 3.2% annually during its third quarter, with net profit jumping by a strong 143%. By the end of this year's third quarter, six out of the 910 hedge funds covered by Insider Monkey's research had bought and owned the firm's shares. Materialise NV (NASDAQ:MTLS)'s biggest hedge fund shareholder in our database is Catherine D. Wood's ARK Investment Management courtesy of its $9.5 million investment. 8. EchoStar Corporation (NASDAQ: SATS ) Latest Average Analyst Share Price Target: $24.5 Latest Share Price Percentage Upside: 71.93% EchoStar Corporation (NASDAQ:SATS) is a satellite company whose subsidiaries are among the largest satellite internet broadband internet providers in the U.S. However, the subsidiaries HughsNet and EchoStar are facing breakneck competition from SpaceX's Starlink low Earth orbit (LEO) internet constellation, whose lower distance from the surface provides for faster and cheaper internet coverage in densely and non densely populated areas. After digging through 910 hedge fund portfolios for 2023's third quarter, Insider Monkey discovered 25 EchoStar Corporation (NASDAQ:SATS) shareholders. David Alexander Witkin's Beryl Capital Management was the biggest investor among these since it owned **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $842,784,361,169 - Hash Rate: 497542848.9451839 - Transaction Count: 535741.0 - Unique Addresses: 572121.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks slipped on Wednesday amid fresh signs of economic malaise, asoil prices hit lowsnot seen since June and investorslooked to datathat signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, asthe ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday'ssoft reading on jobs openingsbolstered optimism for a Fed pivot to cutting interest rates. Marketsare pricing inat least 100 basis points of cuts next year. But doubts about policy remain, with strategists warning thosebets look "overdone." Oil prices hit a five-month low on Wednesdayas new data showed further signs of weak demand.West Texas Intermediate (CL=F) fell 4%, settling at $69.38 per barrel. Brent (BZ=F) crude, the international benchmark price, was down more than 3.6%, closing at $74.30 per barrel level. Read more:What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards Meanwhile, bitcoin (BTC-USD) brieflysurged past $44,000asmore retail investors dived inand embraced hopes for rate cuts and coming spot bitcoin ETFs. The leading digital asset has since given up those gains, coming off notching a six-day win streak, its longest since May, on Tuesday. Click here for in-depth analysis of the latest stock market news and events moving stock prices. 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:** ['By Koh Gui Qing and Ankur Banerjee NEW YORK/SINGAPORE (Reuters) -Global stocks crept higher on Tuesday and the dollar lingered near a five-month low as investors held fast to bets that cooling U.S. inflation will lead the Federal Reserve to cut interest rates next year. Oil prices jumped over 3% earlier in the session to the highest in almost a month, as Middle East strife continues and investor hope possible rate cuts will boost global economic growth and fuel demand. Trading was thin on the day after Christmas with several markets, including those in Australia, Hong Kong, Britain and Germany, closed for Boxing Day. MSCI\'s gauge of stocks across the globe gained 0.39%. On Wall Street, the Dow Jones Industrial Average rose 0.43%, the S&P 500 gained 0.42%, and the Nasdaq Composite added 0.54%. In a sign the U.S. economy was holding up, a report by Mastercard on Tuesday showed U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, lower than last year\'s 7.6% gain. "Consumers are still spending, but they\'re still price conscious and want to stretch their budgets," said Arun Sundaram, an analyst at CRFA Research. The yield on 10-year Treasury notes was down a touch at 3.895%, while the two-year U.S. Treasury yield was up 1.8 basis points at 4.3584%. [US/] U.S. crude trimmed earlier gains to finish up 2.1% at $75.12 per barrel and Brent was at $80.66, up 2.01% on the day. [O/R] The dollar index slipped 0.17% to 101.47, a hair\'s breadth from a five-month low of 101.42 struck on Friday. A soft dollar helped to lift the euro up 0.3% to $1.104. [USD/] Investors were still digesting data released on Friday that showed U.S. prices fell in November for the first time in more than 3-1/2 years, underscoring the economy\'s durability. Inflation, as measured by the personal consumption expenditures (PCE) price index, fell 0.1% last month. "In a way, markets could not have asked for better news from the continued easing of the core PCE deflator in November," said Nicholas Chia, Asia macro strategist at Standard Chartered. Story continues "Thin liquidity conditions are likely to exacerbate the so-called \'Santa Claus rally\' in equities ahead of the turn of the year," Chia added. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the "Santa Claus Rally." Stock investors have cheered recent signs from the Fed on the outlook for rates. At the conclusion of its policy meeting on Dec. 13 the Fed signalled it had reached the end of its tightening cycle and opened the door to interest rate cuts in the coming year. Markets are now pricing in a 75% chance of a 25 basis points rate cut from the Fed in March, according to the CME FedWatch tool, compared with a 21% chance at the end of November. Markets are also pricing in more than 150 basis points of rate cuts next year. "The Federal Reserve has aggressively changed its rhetoric to engineer a significant easing of financial conditions," Citi analysts said in a note. "A combination of slower core inflation and rising recession concerns led Fed officials to shift rhetoric away from a commitment to fight inflation with higher-for-longer rates and toward reassuring markets that they will not \'hang on\' to higher rates for too long." In Asia, China stocks fell 0.47%, weighed down by semiconductor shares, while gaming stocks stabilised after a slew of companies announced share buyback plans. Hong Kong\'s Hang Seng Index remained closed. Japan\'s Nikkei gained 0.16% and remains the best performing major Asian stock market with a 27% rise in 2023. The yen was flat versus the greenback at 142.47 per dollar, retracing some recent gains made on the prospect of the Bank of Japan soon ending its ultra-easy policy. [FRX/] The Asian currency is up 4% this month, on course for a second straight month of gains against the dollar. But for the year, the yen remains down 7.8% against the greenback. Spot gold added 0.7% to $2,067.19 an ounce, [GOL/] while Bitcoin fell 3.26% to $42,171.00. (Reporting by Ankur Banerjee; Editing by Jamie Freed, Alistair Bell, Chris Reese and Aurora Ellis)', "OKX SINGAPORE, Dec. 26, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for December 26, 2023. OKX Wallet is now integrated with SVARGA a multi-chain creator marketplace for one-to-one avatars of NFTs. The platform creates unique avatar assets for profile picture (PFP) NFT collections across various blockchains like Ethereum, Solana, and Bitcoin Ordinals. OKX Wallet users can access SVARGA’s NFT avatar minter directly within the wallet interface by letting them seamlessly mint new profile NFTs without needing to leave their wallet environment. For more information, please visit the OKX Support Center . For further information, please contact: [email protected] About OKX A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including: OKX Wallet : The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction. DEX : A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported. NFT Marketplace : A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur. Web3 DeFi : A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains. OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo. Story continues As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite , which advocates for a new paradigm led by Web3 self-managed technology. To learn more about OKX, download our app or visit: okx.com Disclaimer", "SINGAPORE, Dec. 26, 2023 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for December 26, 2023.\nOKX Walletis now integrated withSVARGAa multi-chain creator marketplace for one-to-one avatars of NFTs. The platform creates unique avatar assets for profile picture (PFP) NFT collections across various blockchains like Ethereum, Solana, and Bitcoin Ordinals.\nOKX Wallet users can accessSVARGA’sNFT avatar minter directly within the wallet interface by letting them seamlessly mint new profile NFTs without needing to leave their wallet environment.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:\[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", 'In just a matter of days, we\'ll wrap up what\'s been a banner year for Wall Street. The iconicDow Jones Industrial Averagerecently reached a new all-time high. Meanwhile, the broad-basedS&P 500and growth stock-drivenNasdaq Compositeare higher by 24% and 43% year to date, respectively, as of the closing bell on Dec. 22.\nAlthoughbull marketsare collectively viewed with wide-eyed optimism by investors, it\'s important to recognize that not every stock will be taken along for the ride. As we prepare to push forward into a new year, five widely owned and exceptionally popular stocks stand out for all the wrong reasons. Despite their phenomenally strong performances in 2023, they\'re all stocks I\'d sell right now.\nThe first stock I\'d suggest cutting ties with is semiconductor giantNvidia(NASDAQ: NVDA). Though the company has been the top-performing megacap stock in 2023, its road 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: 2023-12-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $824,188,754,812 - Hash Rate: 497542848.9451839 - Transaction Count: 553693.0 - Unique Addresses: 582914.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • "The most interesting man in the world" actor of Dos Equis fame appeared in an ad for Bitwise. • Bitwise and other crypto firms are waiting on SEC approval for a spot bitcoin ETF. • "You know what's interesting these days? Bitcoin." Jonathan Goldsmith, the actor who appeared in numerous Dos Equis beer commercials portraying "the most interesting man in the world," appeared in a shortadvertisementfor cryptocurrency firm Bitwise. "You know what's interesting these days?" Goldsmith says in the commercial. "Bitcoin." Bitwise, along with other financial firms likeBlackRockandFidelity, is waiting for the greenlight from the Securities and Exchange Commission to begin offering clients a spot bitcoin ETF. However, unlike larger Wall Street players, Bitwise has been offering crypto futures-based ETFs for years. The ad concludes with a tagline that nods to its expertise: "ETFs backed by crypto specialists." The Bitwise ad, which was posted on X on Monday, could be just a taste of the frenzy potentially on the way. In a December 13newsletter, investor Anthony Pompliano wrote that the "greatest marketing blitz in finance history is coming" as regulators could approve a bitcoin spot ETF as soon as January 2024. "In my estimation, asset managers will collectively spend $100 million or more trying to woo investors and capital to their respective ETFs," he wrote. "There will be PR wars waged on the front pages of financial media. CEOs will be paraded around television news outlets as much as possible. There will be TV commercials. Super Bowl ads. Full page takeovers of newspapers. A flood of content on every social media platform. And billboards everywhere." Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/LiterallyTheFall', "Mr. Beast Exposed: The Dark Side of Youtube's Wealthiest “Philanthropist”", 57, '2023-12-26 00:10', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/', 'i remember when ethan and H3 crew got involved in the scam that was NFTs. \npeople paid for gifs that were worth nothing. and then ethan moved onto making fun of garyvee & logan paul’s bitcoin & nft scams. \ni don’t recall them reflecting on their part and the fact that they were sponsored by Kraken NFT. \nethan also went after other scammers but never talked about mr.beasts involvement, and that’s because he wanted to be friends with jimmy. \n\nanyways. here’s a good dive on how jimmy Donaldson got to be where he is at.', 'https://youtu.be/RQGEpNYpUdw?si=mFut74Auup0QODqL', '18qtjrc', [['u/LiterallyTheFall', 11, '2023-12-26 01:57', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexgcu9/', 'really? the creator’s partner promoted on tiktok, that’s how i know about it. \n\nmaybe bcuz jimmy’s ties are so scary and run so deep, that’s why the video isn’t being pushed.', '18qtjrc'], ['u/LiterallyTheFall', 10, '2023-12-26 02:13', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexidsz/', 'makes sense that youtube would\nhelp drown this out. \nfor a long time the story was that jimmy went viral naturally. \nyoutube would prefer that story instead of deep ties with south african apartheid, peter theil’s empire, russian oligarchs , and grandson of a nazi.', '18qtjrc'], ['u/xCherryBombshell', 29, '2023-12-26 02:15', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexioek/', "I've been saying this. \n\nThey literally had an NFT/crypto sponsorship & had the guy on the show promoting his website.", '18qtjrc'], ['u/im_a_sturgeon', 60, '2023-12-26 02:18', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexizpo/', 'H3 made around $150K from the "joke" NFTs. Never forget!\n\nIt\'s not a joke when you get $150K out of it, the outcome is the exact same as any other scam, it doesn\'t matter if you say it\'s a joke if the outcome is the same.', '18qtjrc'], ['u/LiterallyTheFall', 10, '2023-12-26 02:18', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexj0l9/', 'promoting his website and how great crypto coins & NFTs are for the world.', '18qtjrc'], ['u/xCherryBombshell', 13, '2023-12-26 02:21', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexjg24/', 'Selling their shitty gifs as NFTS to fans and giving the Ether or whatever to Zach, AB, Ian & Dan.\n\nWho then cashed out because they basically scammed people for free money. 🙄', '18qtjrc'], ['u/LiterallyTheFall', 23, '2023-12-26 02:24', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexjre8/', 'and those NFTs are worth 0$ now.', '18qtjrc'], ['u/Old_Bug4395', 11, '2023-12-26 03:33', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexsqmf/', "I cant wait until this isn't a popular format anymore and this guy can't be famous anymore", '18qtjrc'], ['u/LiterallyTheFall', 11, '2023-12-26 03:52', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/kexv3ni/', 'the fans should be pissed about that. ethan and the crew did the same thing as every other influencer.', '18qtjrc'], ['u/fejrbwebfek', 26, '2023-12-26 05:54', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/key9urp/', 'They always were.', '18qtjrc'], ['u/hmmthatisinteresting', 11, '2023-12-26 06:15', 'https://www.reddit.com/r/h3snark/comments/18qtjrc/mr_beast_exposed_the_dark_side_of_youtubes/keyc1n8/', 'Ooo I need more tea on this. Can you recommend a video or Reddit post with more details?', '18qtjrc']]], ['u/mehoart2', 'What podcast / youtuber do you suggest?', 22, '2023-12-26 00:19', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/', "I first started watching / listening to CryptoCasey but got annoyed as 80% of her videos seem to only be about advertising companies that sponsor her.. and 5% conspiracy theory that the entire gov't is trying to destroy people. There are a couple others I've tried finding but I seem to be fed people who are dramatic and cause trouble (bitboy and people that talk $hit about him).\n\nI am almost completely just into BTC - not into random start ups. I'm hoping to continue investing long term for 10+ years before I retire.", 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/', '18qtqmo', [['u/Reasonable-Maybe9067', 21, '2023-12-26 00:29', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/kex508t/', 'What bitcoin did podcast I listen to.', '18qtqmo'], ['u/SunnyDayShadowboxer', 22, '2023-12-26 00:30', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/kex53bw/', "What Bitcoin Did (Peter McCormack), Preston Pysh, James Lavish, Greg Foss, Lyn Alden, Dylan LeClair, Luke Broyles, I'm sure there are other names but those normally are insta clicks/views for me.", '18qtqmo'], ['u/Regular_Chapter_788', 30, '2023-12-26 00:33', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/kex5fwr/', 'Bitcoin University', '18qtqmo'], ['u/Zuluuz', 19, '2023-12-26 01:47', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/kexf4qm/', 'Bitcoin university', '18qtqmo'], ['u/Puzzleheaded-Room657', 13, '2023-12-26 02:13', 'https://www.reddit.com/r/Bitcoin/comments/18qtqmo/what_podcast_youtuber_do_you_suggest/kexihht/', 'Matthew kratter from Bitcoin university on YouTube. No BS. Only Bitcoin fundamentals.', '18qtqmo']]], ['u/Extreme-Coach02', 'Thoughts on BTC ATMs?', 86, '2023-12-26 01:02', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/', 'Saw this pretty cool-looking BTC ATM and wanted to know your thoughts about it. \n\n(oh and screw the ATM next to it)\n(yes I bought about 200$ worth of BTC!)', 'https://i.redd.it/j2v794gk5j8c1.jpeg', '18qula1', [['u/mail4youtoo', 119, '2023-12-26 01:16', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/kexb1bv/', 'High fucking fees', '18qula1'], ['u/krisycoll', 21, '2023-12-26 01:18', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/kexb9qk/', 'ATMs have the main advantage of allowing you to buy Bitcoin without any form of identification. Normally, there is a minimum amount from which they request ID.\r \n\r \nHowever, many of them have cameras that can record you while you carry out the transaction.\r \n\r \nOn the other hand, they have high fees for both buying and selling. In my experience, these range from 2-12% compared to the spot market. It can be useful for buying Bitcoin in a "fairly" private (but not completely private) manner or for getting some fiat money quickly and without questions (in my country, up to €1000).\r \n\r \nIn general terms, this makes it one of the most expensive ways to buy Bitcoin but also one of the most private.', '18qula1'], ['u/OriginalPancake15', 44, '2023-12-26 01:23', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/kexc1nv/', 'The fees are ridiculous. If you aren’t worried about having to KYC, then avoid the ATM and use an exchange.', '18qula1'], ['u/Your_As_Stupid_As_Me', 15, '2023-12-26 02:05', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/kexhcus/', "This one requires a finger print... That's more than enough identification.", '18qula1'], ['u/SRBroadcasting', 18, '2023-12-26 03:48', 'https://www.reddit.com/r/Bitcoin/comments/18qula1/thoughts_on_btc_atms/kexum2i/', 'Way high. 17.5 last time I checked lmao', '18qula1']]], ['u/crazy_retarded_nerd', 'Italian uncle found out I store Bitcoin on coinbase', 171, '2023-12-26 01:08', 'https://www.reddit.com/r/Bitcoin/comments/18qupjq/italian_uncle_found_out_i_store_bitcoin_on/', 'Not your keys not your coins', 'https://v.redd.it/07akv5sg6j8c1', '18qupjq', [['u/a619ko', 10, '2023-12-26 01:17', 'https://www.reddit.com/r/Bitcoin/comments/18qupjq/italian_uncle_found_out_i_store_bitcoin_on/kexb7fa/', 'Or robin the hood', '18qupjq'], ['u/HBRex', 12, '2023-12-26 04:12', 'https://www.reddit.com/r/Bitcoin/comments/18qupjq/italian_uncle_found_out_i_store_bitcoin_on/kexxiph/', '"I store my Bitcoin on something other than a private wallet"\n=\nTranslation: "I like donating money to schisters who are waiting for the opportunity to fuck me out of everything. Because I signed an agreement that said they could."\n\nHow do I know? Had some Bitcoin that I\'d just bought when Voyager went under. Those fuckers made it impossible to get my shit out when I had the opportunity. Then they sent me a reminder to cash the check they didn\'t send saying that it was set to expire in a week.', '18qupjq']]], ['u/Separate_Air4363', 'CGT Cooldown Period', 12, '2023-12-26 01:14', 'https://www.reddit.com/r/irishpersonalfinance/comments/18qutlo/cgt_cooldown_period/', "Is there any sort of cool down period for the capital gains tax in Ireland. Let's assume I purchased a couple of bitcoin in 2012 while in Ireland and I am up heavy at this point. I haven't sold any of my bitcoin. \n\nIf I now move to Portugal and become a tax resident there. How long must I wait until I can sell my bitcoin it Portugal without incurring the Irish 33% CGT?\n\nP.S Portugal because it's free tax on crypto", 'https://www.reddit.com/r/irishpersonalfinance/comments/18qutlo/cgt_cooldown_period/', '18qutlo', [['u/Sugarpuff_Karma', 14, '2023-12-26 01:57', 'https://www.reddit.com/r/irishpersonalfinance/comments/18qutlo/cgt_cooldown_period/kexgcut/', '3 years', '18qut... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['EigenLayersurpasses $1 billion in assets deposited on their platform as they raise the capacity for token deposits again this week. Inscriptions take overL2sasArbitrumandzkSyncboth succumb to the congestion, resulting in downtime on both chains.\nBig week in the world ofDeFi! Let’s dive deeper into what went down in DeFi this past week.\nTotal value locked(TVL) across all chains jump higher as markets continue moving higher, propelled by anticipation surrounding the ETF decision by theSEC. Notable outperformers include theManta Pacific L2, which began their new points system campaign, New Paradigm, andNear, which saw renewed interest due to hype around itsdata availabilitysolution.\nSource: https://coinmarketcap.com/chain-ranking/\nLi Jin from Variant Fund discusses the seemingly overnight wave of points-based reward systems in crypto and how to best design an effective point system.\nTL;DR:\n• Point morph user behavior, even if these users were already going to use the product without the point system.\n• Points also change the type of users who use the app.\n• Keeping ambiguity about the value of points gives apps greater flexibility on how they can be used as a customer acquisition tool.\nETHrestaking platform, EigenLayer, raises caps forliquid staking tokens(LSTs) to 500K tokens across all supported LSTs, while simultaneously introducing six new LSTs to the platform. The protocol has since surpassed more than $1 billion in ETH LSTs staked with them.\nOther Product Launches and Updates\n• DeFi suite,Frax Finance, partners up with interoperability infrastructure protocol, Axelar, to bring Frax assets to six new chains including:Osmosis,Kujira,Mantle,Linea, Manta and Scroll.\n• ETH restaking platform,Renzo, arrives on mainnet, allowing users to finally natively restake ETH without waiting for the next EigenLayer cap raise while still earning EigenLayer’s restaking points and Renzo’s own restaking points.\n• Composableleverageprotocol,Gearbox Finance, launches their V3, bringing passive lending andmargin tradingwith deep liquidity and nofunding ratesto the platform. Rewards paid in theGEARtoken have also begun.\n• Telegram trading bot,Unibot, and interoperability protocol, LayerZero, partner upto offercross-chainbridgingoptions withinUnibot, enabling traders to access and trade across different chains straight from Telegram.\n• DeFi credit hub,IPOR Labs, launches Stake Rate Swaps, enabling speculators andhedgersto take positions against the staking yield ofLido’sstETH, with up to 500x in leverage.\n• LSDFiprotocol,Prisma Finance introduces smkUSD, a liquid version ofmkUSDdeposited into Prisma’s Stability Pool. SmkUSD provides mkUSD depositors with a liquid token that can be utilized in other DeFi applications.Liquidationson Prisma will also be rebalanced into mkUSD, increasing the pool when smkUSD is redeemed for mkUSD.\nArbitrum goes down for an hour this week, due to a surge in inscriptions on the chain, inspired by similar trends on other chains such asBitcoinandSolana. Other chains such as zkSync also fell to a similar surge in activity this week as well, but both have returned to normal operation.\nSynthetix-backeddecentralized exchange(DEX), Infinex, launches Infinex Accounts, allowing users to create asmart contractaccount, bound to their identity. Keys will be generatedon-chainupon registration and will beabstractedfortrustlessrecovery.\nOther Product Launches and Updates\n• Manta Network announces Manta New Paradigm, a new program to reward ETH andUSDCdeposits to Manta Pacific with native yield on their deposits. Users who deposit will receive their yield-bearing tokens immediately as the chain is already live.\n• BitDAO-backed L2,Mantle, announces double the rewards on their liquid staking protocol, MantleLSP.The doubled rewards will begin on 22nd December with a targetAPYof 7.2% for a minimum of two months.\n• Aori launches on Arbitrum mainnet, bringing to the chain the concept of “flash market making” to connectarbitrageurs,market makers, solvers andmaximal extractable value(MEV) searchers.\nLending protocol, Kamino Finance and dynamic liquidity protocol, Meteora, partner up to integrate each other’s products. Kamino Lend will be integrated in Meteora’s vaults while Meteora’s Dynamic Liquidity Market Maker pools will be integrated into Kamino’s new strategies.\nReal-world asset(RWA) protocol,Ondo Finance, brings their two products, USDY and USDG, to Solana. USDY is atokenizednote product backed by UStreasury billswhile USDG is a tokenized version of Blackrock’s Short Treasury Bond ETF.\nCelestialiquid stakingprotocol, Milky Way, goes live, allowing users to stake their TIA tokens and receive milkTIA. MilkTIA can be used forliquidity provisionfor yield or to be used ascollateralin DeFi.\nNFT-focused L2, Frame, announces theirairdrop, dropping FRAME tokens to active NFT traders on Ethereum in the past two years.\nZKFair, an ETH L2 powered byPolygonand Celestia, is now live, with an airdrop to follow from their launch. The airdrop consists of two phases: thegasfee airdrop for gas spenders on the chain and airdrop to ZKFair’s community which consists of Polygon zkEVM users, users of otherzk-rollups, among others.\nCosmos-basedperpetualtrading platform,Levana, releases the checker for the LVN token airdrop. Users who have registered prior and traded on the platform will be eligible for the airdrop.\nAwawat makes fun of ETH and ETH ecosystem coins and their recent price performance as the ETH ecosystem underperforms alt-L1 ecosystems and ETH/BTC makes new yearly lows.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', 'Week in DeFi: Inscriptions Dominate On-Chain Transactions EigenLayer surpasses $1 billion in assets deposited on their platform as they raise the capacity for token deposits again this week. Inscriptions take over L2s as Arbitrum and zkSync both succumb to the congestion, resulting in downtime on both chains. Big week in the world of DeFi ! Let’s dive deeper into what went down in DeFi this past week. Overview Total value locked (TVL) across all chains jump higher as markets continue moving higher, propelled by anticipation surrounding the ETF decision by the SEC . Notable outperformers include the Manta Pacific L2 , which began their new points system campaign, New Paradigm, and Near , which saw renewed interest due to hype around its data availability solution. Source: https://coinmarketcap.com/chain-ranking/ Welcome to Alpha Central Li Jin from Variant Fund discusses the seemingly overnight wave of points-based reward systems in crypto and how to best design an effective point system. TL;DR: Point morph user behavior, even if these users were already going to use the product without the point system. Points also change the type of users who use the app. Keeping ambiguity about the value of points gives apps greater flexibility on how they can be used as a customer acquisition tool. Ethereum: EigenLayer Breaks 1 Billion in TVL ETH restaking platform, EigenLayer, raises caps for liquid staking tokens (LSTs) to 500K tokens across all supported LSTs, while simultaneously introducing six new LSTs to the platform. The protocol has since surpassed more than $1 billion in ETH LSTs staked with them. Other Product Launches and Updates DeFi suite, Frax Finance, partners up with interoperability infrastructure protocol, Axelar , to bring Frax assets to six new chains including: Osmosis , Kujira , Mantle , Linea , Manta and Scroll. ETH restaking platform, Renzo, arrives on mainnet , allowing users to finally natively restake ETH without waiting for the next EigenLayer cap raise while still earning EigenLayer’s restaking points and Renzo’s own restaking points. Composable leverage protocol, Gearbox Finance, launches their V3 , bringing passive lending and margin trading with deep liquidity and no funding rates to the platform. Rewards paid in the GEAR token have also begun. Telegram trading bot, Unibot, and interoperability protocol, LayerZero, partner up to offer cross-chain bridging options within Unibot , enabling traders to access and trade across different chains straight from Telegram. DeFi credit hub, IPOR Labs, launches Stake Rate Swaps , enabling speculators and hedgers to take positions against the staking yield of Lido ’s stETH , with up to 500x in leverage. LSDFi protocol, Prisma Finance introduces smkUSD , a liquid version of mkUSD deposited into Prisma’s Stability Pool. SmkUSD provides mkUSD depositors with a liquid token that can be utilized in other DeFi applications. Liquidations on Prisma will also be rebalanced into mkUSD, increasing the pool when smkUSD is redeemed for mkUSD. Story continues L2s: Inscriptions Take Down L2s Arbitrum goes down for an hour this week, due to a surge in inscriptions on the chain, inspired by similar trends on other chains such as Bitcoin and Solana . Other chains such as zkSync also fell to a similar surge in activity this week as well, but both have returned to normal operation. Synthetix -backed decentralized exchange (DEX), Infinex, launches Infinex Accounts, allowing users to create a smart contract account, bound to their identity. Keys will be generated on-chain upon registration and will be abstracted for trustless recovery. Other Product Launches and Updates Manta Network announces Manta New Paradigm , a new program to reward ETH and USDC deposits to Manta Pacific with native yield on their deposits. Users who deposit will receive their yield-bearing tokens immediately as the chain is already live. BitDAO -backed L2, Mantle, announces double the rewards on their liquid staking protocol, MantleLSP. The doubled rewards will begin on 22nd December with a target APY of 7.2% for a minimum of two months. Aori launches on Arbitrum mainnet , bringing to the chain the concept of “flash market making” to connect arbitrageurs , market makers , solvers and maximal extracta **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $841,864,808,850 - Hash Rate: 461748399.3807821 - Transaction Count: 545556.0 - Unique Addresses: 647166.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices, market activity and comments; changes dateline from previous LONDON) By Saqib Iqbal Ahmed NEW YORK, Dec 21 (Reuters) - The dollar eased to a 3-day low against a basket of currencies on Thursday as the previous session's risk aversion-led lift for the U.S. currency faded and traders braced for Friday's U.S. inflation figures for clues to the path of future Fed policy. Wall Street's main indexes opened higher on Thursday, recovering from a broad sell-off in the prior session as investors clung to hopes of borrowing costs easing next year. Data on Thursday showed the number of Americans filing new claims for unemployment benefits rose just marginally last week, suggesting underlying strength in the economy as the year winds down. Separate data showed gross domestic product increased at a 4.9% annualised rate last quarter, revised down from the previously reported 5.2% pace. The Federal Reserve held interest rates steady last week and policymakers signalled in new economic projections that the historic monetary policy tightening engineered over the last two years is at an end and lower borrowing costs are coming in 2024. Attention now turns to Friday's reading on U.S. core personal consumption expenditure (PCE) index. A rise of 0.1% for November would see the six-month annualised pace of inflation slow to just 2.1% and almost at the Federal Reserve's target of 2%. Markets reckon the slowdown in inflation means the Fed will have to ease policy just to stop real rates from rising, and are wagering on early and aggressive action. "The U.S. dollar is the weakest major currency today amidst mixed economic data," said Matt Weller, head of market research at StoneX. After this week’s soft inflation reading in the UK, traders fear that tomorrow's U.S. core PCE report may cement the likelihood of a March interest rate cut from the Federal Reserve, Weller said. Sterling was up 0.21% at $1.2666 against the dollar on Thursday, a day after suffering its sharpest drop in two months after British inflation dived below forecasts to an annual 3.9% in October, a two-year low, prompting traders to price in Bank of England rate cuts as soon as May. The dollar index, which tracks the U.S. currency against six peers - was last down 0.439% at 101.96. Some analysts said month-end rebalancing in thin trade could weigh on the dollar in the near term. "US equity market outperformance through December rather suggests that passive hedge rebalancing flows will run against the USD through month end," said Shaun Osborne, chief FX strategist at Scotiabank. The dollar was 0.83% lower against the Japanese yen after Japan's government on Thursday slightly raised its economic growth projections for this fiscal year from its previous estimates. The yen was still about 8% lower against the dollar for the year as the Bank of Japan has steadfastly kept short-term rates negative, against 300 basis points of U.S. interest rate hikes. The risk-sensitive Australian and New Zealand dollars traded higher on the day. The Aussie was last up 0.73 % at $ 0.67795 , earlier having touched $ 0.6791 , its highest since July. The kiwi traded 0.5 % at $ 0.6279 , near a 5-month high. Bitcoin was 0.17 % higher at $ 43,741 , just below last week's 20-month high of $44,729. (Reporting by Saqib Iqbal Ahmed; Additional reporting by Samuel Indyk and Tom Westbrook; Editing by Chizu Nomiyama and Bernadette Baum)... - 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:** ['DUBAI , UAE , Dec. 27, 2023 /CNW/ -- Bybit , on its 5th anniversary, has achieved several significant milestones, including surpassing 20 million users, launching its web3 vision, and gaining institutional preference for BTC and ETH . Despite the increasing number of crypto exchanges, there remains a scarcity of seasoned liquidity providers. In the post-FTX era, market leaders like Wintermute play an even more crucial role. Crypto Market Makes a Strong Comeback, Bybit and Wintermute Leadership Optimistic on Options Trading Recently, Wintermute made a strategic move to Singapore , further solidifying its position as a giant in liquidity provision. Wintermute Asia also completed its first options block trade on CME, demonstrating its commitment to innovation and growth. While the FTX crash continues to reverberate through the crypto industry, it serves as a turning point for established players to distinguish themselves and navigate the promising yet volatile market. Liquidity providers are the lifeblood of the crypto market\'s vibrancy, but their operations have often been shrouded in secrecy due to the unavailability of their off-exchange data. Now, we have the opportunity to gain firsthand insights from Ben Zhou , co-founder and CEO of Bybit, Eugene Cheung , Head of Institution at Bybit, and Yoann Turpin , co-founder of Wintermute, as they review the past year and discuss their forward-looking growth strategies. Key Takeaways: Ben\xa0Zhou believes professional options trading will flourish. Yoann Turpin , officially in Singapore now, brings his expertise as a former TradFi options trader and expresses optimism about the future of crypto options trading. Eugene\xa0Cheung reveals that Bybit has initiated an OTC pilot program. Aside from the recent price uptick, there is mounting evidence that the crypto market is experiencing a strong resurgence. According to CCData\'s December Exchange Review, spot trading volume on CEXs has risen for the second consecutive month, reaching $965.8 billion—a 52.8% increase and the highest spot trading volume since March 2023 . The derivatives trading volume on the CME exchange also rose by 18.4% to $67.9 billion , marking the highest volume since November 2021 . Story continues Bybit and Wintermute started working together back in July 2021 , coinciding with the launch of Bybit\'s spot trading platform. This partnership has successfully weathered the ups and downs of the crypto market, and the two companies now collaborate even more closely to navigate the testing and turbulent crypto landscape. For liquidity providers like Wintermute, mitigating risks associated with exchange failures is crucial. Yoann emphasizes that Wintermute highly values its collaboration with Bybit and prioritizes the quality of projects, tokens, and team reputations over sales and business development efforts by CEXs. Wintermute finds Bybit\'s "solid and stable back-end technology platform" impressive. Furthermore, Bybit\'s early adoption of a Unified Trading Account (UTA) for customers has been essential for global traders. What to Expect in the Coming Year: Eugene reveals that Bybit has launched a pilot program for OTC trading, a significant milestone that strengthens collaboration between the two companies and expands the horizons for the ecosystem in the long run. Bybit sees great potential in derivatives and options for OTC business, starting with OTC spot trading. In his closing remarks, Ben emphasizes that while overall perpetual leverage is expected to decrease in the coming year, crypto options will gain more mainstream traction due to the increasing number of professional options traders entering the space. The options market has undergone a fundamental shift since the last bull run, major CEXs and the options ecosystem are poised for rapid growth. Bybit\'s recent expansion into the Earn Product space also heralds a new chapter after the turbulence experienced. Last but not least, it is crucial to closely monitor regional developments and approaches towards crypto and digital assets. Regions like Singapore , Hong Kong , Japan , and the UAE warrant monitoring as cryptocurrency adoption depends increasingly on clearer guidance. Firms are pivoting to high-growth Asia amid arguments that localized regulations could boost demand. According to Cointelegraph Research\'s market maker geographic distribution database, Singapore currently leads the game, followed by the USA , Hong Kong , and the UK. #Bybit / #TheCryptoArk About Bybit Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One\'s reigning Constructors\' and Drivers\' champions: the Oracle Red Bull Racing team. For more details about Bybit, please visit Bybit Press . For media inquiries, please contact: [email protected] For more information, please visit: https://www.bybit.com For updates, please follow: Bybit\'s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube Bybit Logo (PRNewsfoto/Bybit) Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/crypto-market-makes-a-strong-comeback-bybit-and-wintermute-leadership-optimistic-on-options-trading-302022864.html SOURCE Bybit Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2023/27/c7864.html', 'DUBAI , UAE , Dec. 27, 2023 /CNW/ -- Bybit , on its 5th anniversary, has achieved several significant milestones, including surpassing 20 million users, launching its web3 vision, and gaining institutional preference for BTC and ETH . Despite the increasing number of crypto exchanges, there remains a scarcity of seasoned liquidity providers. In the post-FTX era, market leaders like Wintermute play an even more crucial role. Crypto Market Makes a Strong Comeback, Bybit and Wintermute Leadership Optimistic on Options Trading Recently, Wintermute made a strategic move to Singapore , further solidifying its position as a giant in liquidity provision. Wintermute Asia also completed its first options block trade on CME, demonstrating its commitment to innovation and growth. While the FTX crash continues to reverberate through the crypto industry, it serves as a turning point for established players to distinguish themselves and navigate the promising yet volatile market. Liquidity providers are the lifeblood of the crypto market\'s vibrancy, but their operations have often been shrouded in secrecy due to the unavailability of their off-exchange data. Now, we have the opportunity to gain firsthand insights from Ben Zhou , co-founder and CEO of Bybit, Eugene Cheung , Head of Institution at Bybit, and Yoann Turpin , co-founder of Wintermute, as they review the past year and discuss their forward-looking growth strategies. Key Takeaways: Ben\xa0Zhou believes professional options trading will flourish. Yoann Turpin , officially in Singapore now, brings his expertise as a former TradFi options trader and expresses optimism about the future of crypto options trading. Eugene\xa0Cheung reveals that Bybit has initiated an OTC pilot program. Aside from the recent price uptick, there is mounting evidence that the crypto market is experiencing a strong resurgence. According to CCData\'s December Exchange Review, spot trading volume on CEXs has risen for the second consecutive month, reaching $965.8 billion—a 52.8% increase and the highest spot trading volume since March 2023 . The derivatives trading volume on the CME exchange also rose by 18.4% to $67.9 billion , marking the highest volume since November 2021 . Story continues Bybit and Wintermute started working together back in July 2021 , coinciding with the launch of Bybit\'s spot trading platform. This partnership has successfully weathered the ups and downs of the crypto market, and the two companies now collaborate even more closely to navigate the testing and turbulent crypto landscape. For liquidity providers like Wintermute, mitigating risks associated with exchange failures is crucial. Yoann emphasizes that Wintermute highly values its collaboration with Bybit and prioritizes the quality of projects, tokens, and team reputations over sales and business development efforts by CEXs. Wintermute finds Bybit\'s "solid and stable back-end technology platform" impressive. Furthermore, Bybit\'s early adoption of a Unified Trading Account (UTA) for customers has been essential for global traders. What to Expect in the Coming Year: Eugene reveals that Bybit has launched a pilot program for OTC trading, a significant milestone that strengthens collaboration between the two companies and expands the horizons for the ecosystem in the long run. Bybit sees great potential in derivatives and options for OTC business, starting with OTC spot trading. In his closing remarks, Ben emphasizes that while overall perpetual leverage is expected to decrease in the coming year, crypto options will gain more mainstream traction due to the increasing number of professional options traders entering the space. The options market has undergone a fundamental shift since the last bull run, major CEXs and the options ecosystem are poised for rapid growth. Bybit\'s recent expansion into the Earn Product space also heralds a new chapter after the turbulence experienced. Last but not least, it is crucial to closely monitor regional developments and approaches towards crypto and digital assets. Regions like Singapore , Hong Kong , Japan , and the UAE warrant monitoring as cryptocurrency adoption depends increasingly on clearer guidance. Firms are pivoting to high-growth Asia amid arguments that localized regulations could boost demand. According to Cointelegraph Research\'s market maker geo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $834,456,006,738 - Hash Rate: 433112839.72926086 - Transaction Count: 417180.0 - Unique Addresses: 593042.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks slipped on Wednesday amid fresh signs of economic malaise, asoil prices hit lowsnot seen since June and investorslooked to datathat signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, asthe ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday'ssoft reading on jobs openingsbolstered optimism for a Fed pivot to cutting interest rates. Marketsare pricing inat least 100 basis points of cuts next year. But doubts about policy remain, with strategists warning thosebets look "overdone." Oil prices hit a five-month low on Wednesdayas new data showed further signs of weak demand.West Texas Intermediate (CL=F) fell 4%, settling at $69.38 per barrel. Brent (BZ=F) crude, the international benchmark price, was down more than 3.6%, closing at $74.30 per barrel level. Read more:What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards Meanwhile, bitcoin (BTC-USD) brieflysurged past $44,000asmore retail investors dived inand embraced hopes for rate cuts and coming spot bitcoin ETFs. The leading digital asset has since given up those gains, coming off notching a six-day win streak, its longest since May, on Tuesday. Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/ConstantLobster3362', 'I was one of the few lucky few', 47, '2023-12-28 00:35', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/', 'I heard about this pretty early (before GPU mining and ASICS). \n\nI got about 100k kaspa per day on Cpu mining, and decided to buy another one. \n\n(Scammers need to make no attempt to contact me, my wallet is offline (generated from a different pc, which is never online and seed stored offline in a bank vault) , and in no way related to my account here) \n\nI saw my $600 Cpu investment grow from $600, to $50k to $500k.\n\nAm I selling? No.\n\nWhy? I\'ve been involved in crypto since the beginning. I saw a guy sell his Porsche for 40 000 btc. \n\nI saw the rise of ETH. \n\nI\'ve been in the crypto space since 2008, and bought tons that would make me rich if I held. \nI sold it all to early.\n\nI\'ve never been into shit coins, except for Doge. \nThe only ones I bought/mined since 2008 have been BTC, Etc, LTC and Doge. (doge was just a meme coin I did in 2013 since I had a farm) \n\nI thought LTC would become something, since at the time the tech was promising. But everything else lept ahead, so it didn\'t work out. \n\nI\'ve been monitoring the market since then, a lot of promises and very rarely delivered. \n\nThere\'s been a lot of cryptos pumping and dumping since then, but the only one I feel has strong fundamentals is KAS. \n\nSolid team, solid transaction time, no bullshit, transparent devs, delivering on their promises. \n\nEven though I got in at a very early moment, I still bought at $0.13.\n\nWhy? Because I think Kas is the next one to surprise everyone by being the "coin" that everyone knows. \nIf you ask your neighbor they will have heard about bitcoin. \n\nKAS is revolutionary. And I think it will become one of the great ones. \n\nMy hope is that we get a currency we can use globally, unaffected by wars and other factors.', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/', '18seqrq', [['u/NorseNoble', 20, '2023-12-28 01:11', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/kf74gyt/', 'Bitcoin wasn’t released till 2009 so I’m a bit thrown by the 08 comments', '18seqrq'], ['u/I_talk', 14, '2023-12-28 01:14', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/kf74v7i/', 'Hits 500k value and hodls. That should tell you enough.', '18seqrq'], ['u/SweetBasil_', 10, '2023-12-28 02:27', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/kf7fp3o/', "If he can't get the year right, what else here is exaggerated?", '18seqrq'], ['u/Bucketalinko', 15, '2023-12-28 04:55', 'https://www.reddit.com/r/kaspa/comments/18seqrq/i_was_one_of_the_few_lucky_few/kf80ksa/', 'After the dot com bubble in 1984 I sold all my blockbuster shares and bought 100,000 BTC, and lost it all trying to send 99,999 BTC I accidentally put 99,999 BTC as the network fee and sent 1 BTC, and now I spend all day wishing I held my blockbuster shares', '18seqrq']]], ['u/pythonskynet', "Why Michael Saylor's MicroStrategy isn't buying ETH instead of (along with) BTC?", 11, '2023-12-28 00:40', 'https://www.reddit.com/r/ethtrader/comments/18seund/why_michael_saylors_microstrategy_isnt_buying_eth/', "Michael Saylor and his software company MicroStrategy keeps buying Bitcoin every now and then. Yesterday it bought 14620 BTC for around $615 million. \n\nI always wondered why Saylor isn't diversifying his crypto investments. Why he's only focused on BTC and already became a whale. \n\nThen I came across the statement below ([from this YouTube interview](https://youtu.be/09JD_ZTCKds?si=XGVAD9CinGcY92Ib)):\n\n>Michael Saylor has once again questioned the regulatory status of ethereum (ETH), arguing that it can be best classified as digital security. \n\nOn the other hand, he insisted that there is no doubt that bitcoin (BTC) is a digital property, and thus not subject to regulatory headaches.\n\n#Is it only regulatory fear? \n\nWhat's stopping Michael Saylor investing in Ethereum according to you?", 'https://www.reddit.com/r/ethtrader/comments/18seund/why_michael_saylors_microstrategy_isnt_buying_eth/', '18seund', [['u/TenBillionDollHairs', 18, '2023-12-28 00:56', 'https://www.reddit.com/r/ethtrader/comments/18seund/why_michael_saylors_microstrategy_isnt_buying_eth/kf72720/', 'Wow a bitcoiner trying to pump his bags by fudding everything else? What an unheard of thing', '18seund'], ['u/Parush9', 17, '2023-12-28 00:57', 'https://www.reddit.com/r/ethtrader/comments/18seund/why_michael_saylors_microstrategy_isnt_buying_eth/kf72cda/', 'Saylor is your classic Bitcoin Maxi !! Ofcourse he will shill and accumulate BTC .', '18seund']]], ['u/experiencenonsense', 'Why Bitcoin is a Scam - The Gravel Institute', 33, '2023-12-28 00:57', 'https://www.reddit.com/r/Buttcoin/comments/18sf9tq/why_bitcoin_is_a_scam_the_gravel_institute/', "I thought it was appropriate to post this video since there seems to be an influx to Bitcoiners coming to the sub. \n\nBitcoiners, please let us know your thoughts about this I suppose.\n\nDisclaimer: This doesn't mean I endorse every video by the Gravel Institute. I like this one because it's short and to the point.", 'https://youtu.be/0AAUrMuMPlo?si=642r0-xbSwGMYwtd', '18sf9tq', [['u/mkwiat', 14, '2023-12-28 01:47', 'https://www.reddit.com/r/Buttcoin/comments/18sf9tq/why_bitcoin_is_a_scam_the_gravel_institute/kf79rdy/', "For everyone who's having a sense of deja vu, this has been posted [here](https://www.reddit.com/r/Buttcoin/comments/vf66es/why_bcoin_is_a_scam_youtube/?utm_source=share&utm_medium=web2x&context=3) before.", '18sf9tq']]], ['u/thepangodango', 'Don’t shoot me', 36, '2023-12-28 02:24', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/', 'But I keep hearing btc is “unconfiscatable “ but didn’t china and the us confiscate some btc from Silk Road and others.', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/', '18sh9x0', [['u/BuzzardLightning', 15, '2023-12-28 02:30', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7g5fn/', '“Don’t shoot me” is about right. That’s one way to get someone to confiscate it.', '18sh9x0'], ['u/jcpham', 33, '2023-12-28 02:37', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7h6ng/', 'If you can dodge a wrench, you can dodge a ball! - Patches O’hoolihan', '18sh9x0'], ['u/Bongressman', 114, '2023-12-28 02:42', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7hxbm/', 'Because those Silk Road folk and others "handed it over" as a part of various settlements.\n\nThe government didn\'t hack a wallet or anything and forcefully confiscate it because it is unconfiscatable.\n\nWrenches and arm twisting works though.', '18sh9x0'], ['u/ElderBlade', 24, '2023-12-28 02:44', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7i789/', "They were able to get the funds on Silk Road because they had a double agent pretending to be genuine admin helper to Ross Ulbricht's website. Once the agent confirmed he was logged into the system through their chat, and agents posing as civilians confirmed his laptop was open, they caused a commotion to momentarily distract him. \n\nOnce he turned his head to look behind him at a couple arguing, another agent tackled him out of his chair and another agent grabbed the laptop to keep it open. \n\nThey would not have been able to confiscate funds if Ross properly kept the funds in cold storage.", '18sh9x0'], ['u/thinkingperson', 19, '2023-12-28 03:00', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7kiee/', "Bitcoin is cannot be confiscated without the seed owner's involvement or agreement. That does not preclude authorities or anyone with a gun forcing you to give up your seed.\n\nYour fiat bank account on the otherhand can be frozen without you even knowing it.\n\nThis is the difference.", '18sh9x0'], ['u/WorkerBee-3', 41, '2023-12-28 03:13', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7me76/', 'ever hear the one about the police who put a ledger into an evidence locker and the person used the seed phrase to transfer the funds to another wallet', '18sh9x0'], ['u/2LostFlamingos', 14, '2023-12-28 04:02', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf7tbku/', 'I loved that. \n\nThey wrote articles about these “wily hackers” who were able to pull it off.', '18sh9x0'], ['u/Wsemenske', 12, '2023-12-28 05:09', 'https://www.reddit.com/r/Bitcoin/comments/18sh9x0/dont_shoot_me/kf82b3y/', '"The Bitcoin is IN the Ledger" (shocked Hansel face)', '18sh9x0']]], ['u/butt-fucker-9000', 'Am I the only one sick of this?', 116, '2023-12-28 02:54', 'https://www.reddit.com/r/Bitcoin/comments/18shwra/am_i_the_only_one_sick_of_this/', 'Am I the only one sick of seeing so many posts asking/giving financial advice? Every single post is the same. "Should I go all in?", "Should I get a second mortgage to invest in btc?", "If you\'re not buying this dip, you\'ll regret it".\n\nAre there any mods in here? Let\'s discuss btc, and not spend the whole time discussing btc\'s price.', 'https://www.reddit.com/r/Bitcoin/comments/18shwra/am_i_the_only_one_sick_of_this/', '18shwra', [['u/jaymeetee', 96, '2023-12-28 02:58', 'https://www.reddit.com/r/Bitcoin/comments/18shwra/am_i_the_only_one_sick_of_this/kf7k9o5/', 'You seem knowledgable on the topic, should I go all in?', '18shwra'], ['u/TheGreatMuffin', 74, '2023-12-28 03:01', 'https://www.reddit.com/r/Bitcoin/comments/18shwra/am_i_the_only_one_sick_of_this/kf7kq0t/', '> Are there any mods in here? \n\nThose posts *are* being removed frequently, you see them so often just because they are being posted so often (same with all kinds of price posts and other low quality garbage), and manage to slip through. And while annoying, they are not actively harmful, in contrast to tons of actual spam and scam posts, which obvio... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ark Invest, the asset management firm led by Cathie Wood, sold about two million shares of theGrayscale Bitcoin Trust (GBTC)Wednesday as the Securities and Exchange Commission’s final deadline to approve or deny Ark’s spot bitcoin ETF approaches in mid-January.\nA bitcoin ETF issuer hopeful, Ark traded its GBTC holdings forroughly $92 millionworth of shares of theProShares Bitcoin Strategy ETF (BITO). TheArk Next Generation Internet ETF (ARKW)sold shares of GBTC and purchased BITO in anticipation for a novel spot bitcoin ETF approval.\nWood saidon Bloomberg TVThursday that the trade was made because an already approved ETF is a safer bet than an ETF conversion yet to happen. “There’s no regulatory uncertainty having to do with [BITO], so we chose to maintain our exposure through BITO for the time being,” Wood said.\nThe SEC has a Jan. 10 deadline to approve or deny Ark’s spot bitcoin ETF, yet many issuers project that the regulator will approve multiple of the dozen ETF applications at once if they do approve Ark’s. While the agency currently allows funds that track cryptocurrency futures, the regulatory body has so far declined to allow ETFs own bitcoin.\nYet the agency lost a watershed lawsuit brought by Grayscale in Augustwhen a U.S. appeals court ruled that the SEC was wrong to block the Grayscale Bitcoin Trust from converting into an ETF. This forced the SEC to work with prospective issuers to refine their applications.\n“We don’t know exactly who’s going to be approved and whether they’ve met all the criteria that the SEC put before us,” said Wood on Bloomberg TV. “We know that we have, but we don’t know if others including GBTC have,” she added.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'Ark Invest, the asset management firm led by Cathie Wood, sold about two million shares of theGrayscale Bitcoin Trust (GBTC)Wednesday as the Securities and Exchange Commission’s final deadline to approve or deny Ark’s spot bitcoin ETF approaches in mid-January.\nA bitcoin ETF issuer hopeful, Ark traded its GBTC holdings forroughly $92 millionworth of shares of theProShares Bitcoin Strategy ETF (BITO). TheArk Next Generation Internet ETF (ARKW)sold shares of GBTC and purchased BITO in anticipation for a novel spot bitcoin ETF approval.\nWood saidon Bloomberg TVThursday that the trade was made because an already approved ETF is a safer bet than an ETF conversion yet to happen. “There’s no regulatory uncertainty having to do with [BITO], so we chose to maintain our exposure through BITO for the time being,” Wood said.\nThe SEC has a Jan. 10 deadline to approve or deny Ark’s spot bitcoin ETF, yet many issuers project that the regulator will approve multiple of the dozen ETF applications at once if they do approve Ark’s. While the agency currently allows funds that track cryptocurrency futures, the regulatory body has so far declined to allow ETFs own bitcoin.\nYet the agency lost a watershed lawsuit brought by Grayscale in Augustwhen a U.S. appeals court ruled that the SEC was wrong to block the Grayscale Bitcoin Trust from converting into an ETF. This forced the SEC to work with prospective issuers to refine their applications.\n“We don’t know exactly who’s going to be approved and whether they’ve met all the criteria that the SEC put before us,” said Wood on Bloomberg TV. “We know that we have, but we don’t know if others including GBTC have,” she added.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2023etf.com.All rights reserved', 'ARK Invest ETFs_ Cathie Wood Ark Invest, the asset management firm led by Cathie Wood, sold about two million shares of the Grayscale Bitcoin Trust (GBTC) Wednesday as the Securities and Exchange Commission’s final deadline to approve or deny Ark’s spot bitcoin ETF approaches in mid-January. A bitcoin ETF issuer hopeful, Ark traded its GBTC holdings for roughly $92 million worth of shares of the ProShares Bitcoin Strategy ETF (BITO ). The Ark Next Generation Internet ETF (ARKW) sold shares of GBTC and purchased BITO in anticipation for a novel spot bitcoin ETF approval. Wood said on Bloomberg TV Thursday that the trade was made because an already approved ETF is a safer bet than an ETF conversion yet to happen. “There’s no regulatory uncertainty having to do with [BITO], so we chose to maintain our exposure through BITO for the time being,” Wood said. Spot Bitcoin ETF Race The SEC has a Jan. 10 deadline to approve or deny Ark’s spot bitcoin ETF, yet many issuers project that the regulator will approve multiple of the dozen ETF applications at once if they do approve Ark’s. While the agency currently allows funds that track cryptocurrency futures, the regulatory body has so far declined to allow ETFs own bitcoin. Yet the agency lost a watershed lawsuit brought by Grayscale in August when a U.S. appeals court ruled that the SEC was wrong to block the Grayscale Bitcoin Trust from converting into an ETF. This forced the SEC to work with prospective issuers to refine their applications. “We don’t know exactly who’s going to be approved and whether they’ve met all the criteria that the SEC put before us,” said Wood on Bloomberg TV. “We know that we have, but we don’t know if others including GBTC have,” she added. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2023 etf.com. All rights reserved View comments', 'By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar edger higher on Friday but is set to end 2023 with its first yearly loss since 2020 against the euro and a basket of currencies, on expectations the U.S. Federal Reserve will begin cutting rates next year as inflation moderates. Questions for 2024 will be when the Fed begins cuts, and whether the first rate reduction is made to avoid over-tightening as inflation drops, or due to slowing U.S. economic growth. With markets already pricing in aggressive cuts, debate is also focused on how much further the dollar is likely to fall. “We’ve already weakened quite a bit in anticipation of a Fed cut cycle to come,” said Brad Bechtel, global head of FX at Jefferies in New York. The dollar\'s decline accelerated after the Fed adopted an unexpectedly dovish tone and forecast 75 basis points in rate reductions for 2024 at its December policy meeting. Markets are pricing in even more aggressive cuts, with the first reduction seen likely in March and 158 basis points in cuts expected by year-end. The Fed’s tone contrasted with other major central banks, including the European Central Bank (ECB) and Bank of England (BoE), which maintained they will hold rates higher for longer. But “I do think they will capitulate. European growth is just struggling too much and inflation’s coming down relatively fast … same in the U.K. in many ways,” said Bechtel. “If all three central banks are cutting, it\'s going to be very hard for the dollar to weaken significantly." Against a basket of currencies, the greenback on Friday gained 0.13% to 101.32, rising from a five-month trough of 100.61 reached on Thursday. It is on track to lose 2.10% this year and is down 4.62% this quarter, the worst performance in a year. The euro dipped 0.19% to $1.1040, hovering just below a five-month peak of $1.11395 reached on Thursday. It is heading for a 3.04% gain for the year, its first positive year since 2020. Story continues "Markets are looking for a cut earlier in the U.S. and are less certain that the European Central Bank will cut as quickly, so that\'s why the dollar is very soft," said Niels Christensen, chief analyst at Nordea. "We also have positive risk appetite which is another negative for the dollar. Going into 2024, the soft dollar will be a theme towards the March central bank meetings," Christensen added. Policymakers at the ECB and the BoE did not signal any imminent rate cuts at their policy meetings this month, but traders are pricing in 162 bps of cuts by the ECB next year, with the probability of two cuts by April. The BoE is also expected to cut rates by 148 bps in 2024. "While it feels like the market might have moved too far too fast, the facts are that growth is non-existent in Europe, slowing in the U.S., and inflation is falling globally," said CJ Cowan, portfolio manager at Quilter Investors. "The ECB is famously slow to change policy course so almost two cuts priced by April looks aggressive, even if it might be the right thing to do." Sterling rose 0.08% to $1.2745 and was on track for a 5.39% yearly gain, its best performance since 2017. YEN IS AN OUTLIER The dollar is expected to post an annual 7.56% gain against the yen as the Japanese currency stays under pressure from the Bank of Japan\'s (BOJ) ultra-loose monetary policy stance. Market expectations are for the BOJ to exit negative interest rates in 2024, though the central bank continues to stand by its dovish line and has provided little clues on if, and how, such a scenario could play out. "The outlook for Japan is encouraging going into 2024, with expectations of robust economic growth and improving inflation that shows signs of being sustainable," said Aadish Kumar, international economist at T. Rowe Price. That said, even if the BOJ hikes rates into positive territory, they will still remain much lower than in the United States. “For all of 2024, if they got to positive 50 basis points I would be kind of surprised, but maybe that happens, and if the Fed gives us three rate cuts, you’re still looking at an interest rate differential of roughly 4.5% or so, which makes the yen very expensive to own,” said Jefferies’ Bechtel. The yen is a popular funding currency, and investors use proceeds from shorting the yen to purchase other assets. The Swiss franc is one of the best performing currencies this year, with the greenback losing 8.99% against the currency, the worst drop since 2010. In cryptocurrencies, Bitcoin fell 1.23% to $42,059. It is on track for a 154% g **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $841,166,599,000 - Hash Rate: 540496188.4224659 - Transaction Count: 581449.0 - Unique Addresses: 703116.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: OnNov. 25, 2022,I mentioned three stocks to buy that could soar in 2023. At the time, those includedAdvanced Micro Devices(NASDAQ:AMD), which ran from $73 to $121.53;Apple(NASDAQ:AAPL), which ran from $146 to $191.45; andNvidia(NASDAQ:NVDA), which ran from $152 to $504. Today, I was asked for a new list of stocks to buy that could double in the new year. So far, I like what I still see with artificial intelligence (AI), cryptocurrencies and gene editing. Source: Pamela Marciano / Shutterstock.com Believing Advanced Micro Devices could push even higher in 2024, I’m adding it to the top of my list of stocks to buy again. For one, AMD is a key player in the artificial intelligence (AI) chip race. Two, it just released itsMI300A and MI300X chips,which are expected to strengthen AMD’s data center business to potentially generate about $1 billion in sales. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Three, AMD CEO Lisa Su says AI is still the company’s“largest and most strategic long-term growth opportunity.”She also noted the data center market could grow from $30 billion to more than $150 billion by 2027, as noted by Seeking Alpha. Even more impressive, the AI market could grow from about $208 billion today to about $1.85 trillion by 2030. With AMD dominance only expected to strengthen, I’d like to see the stock well above $200 in the new year. Source: Yev_1234 / Shutterstock With growing excitement for a potentialBitcoin(BTC-USD) ETF, the digital currency has been explosive. Last checked, BTC was up to $37,000, which is great news for BTC mining stocks, likeMarathon Digital(NASDAQ:MARA). After all, the higher BTC goes, miners typically follow. Since the start of October, MARA ran from a low of about $7.18 to a recent high of $10.64. From here, I’d like to see it retest $14 initially, given the excitement about a potential ETF. Helping,MARA just produced 3,490 BTCin the third quarter — a 467% year-over-year jump. Even better, the company just posted net income of $64.1 million, or 35 cents per diluted share, compared to a year-earlier net loss of $72.5 million, or 62 cents per share. Revenues were up to $97.8 million, well above the $12.7 million posted a year earlier — all thanks to a massive increase in produced Bitcoin. Source: Shutterstock At just $10.84 a share,Editas Medicine(NASDAQ:EDIT) has a good deal of potential upside moving forward. For one, its main competitor,CRISPR Therapeutics(NASDAQ:CRSP), is racing higher on hopes the U.S. FDA will approve its treatment for sickle cell in early December. Two,as I noted earlier this week,EDIT has a major catalyst of its own on Dec. 11. In fact, I noted, “The company will share clinical data updates from the RUBY trial for severe sickle cell disease (SCD) and the EdiTHAL trial for transfusion-dependent beta-thalassemia (TDT) in a company-sponsored webinar and in a poster at the American Society of Hematology (ASH) annual meeting on Monday, Dec. 11.” Both events from EDIT and CRSP could set the sector on fire over the next few weeks. Also, should EDIT’s treatment see FDA approval, it won’t see $10.84 again. On the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999. • ChatGPT IPO Could Shock the World, Make This Move Before the Announcement • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The postHidden Gems for Hefty Returns: 3 Stocks Set to Double Your Wealth Next Yearappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["By Suzanne McGee and Hannah Lang\n(Reuters) - Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants said a decision from the regulator may be imminent.\nBy late Friday afternoon, BlackRock Asset Management, VanEck, Valkyrie Investments, Bitwise Investment Advisers, Invesco Ltd., Fidelity, WisdomTree Investments and a joint venture between Ark Investments and 21Shares had all submitted new documents with regulators spelling out details of the arrangements each has made with their marketmakers to ensure trading is liquid and efficient.\nPeople familiar with the filing process said issuers that met their end of the year filing revision deadlines may be able to launch by January 10 - the date by which the SEC is required to either approve or reject the Ark/21Shares ETF.\nThe SEC may notify issuers as soon as Tuesday or Wednesday that they have been cleared to launch the following week, said those sources, who spoke on background given the confidential nature of the discussions.\nBitcoin's price has more than doubled this year to just under $42,000, fueled in part by expectations that the SEC will soon approve a spot bitcoin ETF.\nIf regulators opt to approve the spot bitcoin ETFs, they could then inform issuers as early as next week.\nValkyrie also disclosed in its filing that it would levy a management fee of 0.80% on the ETF, should the SEC approve the products early in the new year. Ark and 21Shares had previously disclosed they proposed to charge the same fee on their own ETF.\nThe Fidelity Wise Origin Bitcoin Fund is poised to be the least expensive, levying fees of only 0.39%.\nInvesco announced plans for a 0.59% fee, but added in its filing that it would waive that fee for six months on the first $5 billion in assets the new fund attracts.\nThere are currently a total of 14 asset managers hoping to finally win SEC approval for spot bitcoin ETFs. Over the last decade, the U.S. securities regulator has rejected multiple attempts to launch these products, citing fears about market manipulation and an inability on the part of would-be issuers to protect investors. To date, the only cryptocurrency ETFs approved have been tied to futures contracts on bitcoin and ethereum, which are traded on the Chicago Mercantile Exchange.\nGrayscale Investments and Hashdex, both of which hope to convert existing products into spot bitcoin ETFs, submitted their own updates earlier this month.\nThe SEC didn't immediately respond to requests for comment.\n(Reporting by Suzanne McGee and Hannah Lang; Editing by Ira Iosebashvili and Diane Craft)", "By Suzanne McGee and Hannah Lang (Reuters) - Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants said a decision from the regulator may be imminent. By late Friday afternoon, BlackRock Asset Management, VanEck, Valkyrie Investments, Bitwise Investment Advisers, Invesco Ltd., Fidelity, WisdomTree Investments and a joint venture between Ark Investments and 21Shares had all submitted new documents with regulators spelling out details of the arrangements each has made with their marketmakers to ensure trading is liquid and efficient. People familiar with the filing process said issuers that met their end of the year filing revision deadlines may be able to launch by January 10 - the date by which the SEC is required to either approve or reject the Ark/21Shares ETF. The SEC may notify issuers as soon as Tuesday or Wednesday that they have been cleared to launch the following week, said those sources, who spoke on background given the confidential nature of the discussions. Bitcoin's price has more than doubled this year to just under $42,000, fueled in part by expectations that the SEC will soon approve a spot bitcoin ETF. If regulators opt to approve the spot bitcoin ETFs, they could then inform issuers as early as next week. Valkyrie also disclosed in its filing that it would levy a management fee of 0.80% on the ETF, should the SEC approve the products early in the new year. Ark and 21Shares had previously disclosed they proposed to charge the same fee on their own ETF. The Fidelity Wise Origin Bitcoin Fund is poised to be the least expensive, levying fees of only 0.39%. Invesco announced plans for a 0.59% fee, but added in its filing that it would waive that fee for six months on the first $5 billion in assets the new fund attracts. There are currently a total of 14 asset managers hoping to finally win SEC approval for spot bitcoin ETFs. Over the last decade, the U.S. securities regulator has rejected multiple attempts to launch these products, citing fears about market manipulation and an inability on the part of would-be issuers to protect investors. To date, the only cryptocurrency ETFs approved have been tied to futures contracts on bitcoin and ethereum, which are traded on the Chicago Mercantile Exchange. Grayscale Investments and Hashdex, both of which hope to convert existing products into spot bitcoin ETFs, submitted their own updates earlier this month. Story continues The SEC didn't immediately respond to requests for comment. (Reporting by Suzanne McGee and Hannah Lang; Editing by Ira Iosebashvili and Diane Craft) View comments", "Are the prices of altcoins ever going to obey gravity? An investor could be forgiven for thinking they'll continue to rocket into space indefinitely, as the long rally in their prices got even longer this week. While not every altcoin enjoyed such a rocket ride, more than a few ballooned in price.\nFor example, according to data compiled byS&P Global Market Intelligence,BNBsaw a double-digit gain rising by 16% over the period. Ditto for multiverse digital currencyMultiversXand transaction bundling-chainOptimism's\xa0token, both of which advanced by the same percentage. A near double-digit gainer wasTheta Network, with its nearly 10% increase.\nNumerous factors were behind the continued rise of altcoins, but perhaps the most significant one is reallocation. Data crunched by crypto-trading analysis platform developer Coinalyze from January 2022 to the present revealed sharp gains in open interest (the number of trades that have not yet been closed) for altcoins, with a corresponding drop in that for the original and most popular crypto,Bitcoin(CRYPTO: BTC).\nCompounding this, Bitcoin's price saw a bit of a jump mid-week. One of the coin's most prominent bulls,MicroStrategy(NASDAQ: MSTR)co-founder and board chairman Michael Saylor, announced that his company had made the latest in a series of bigBitcoininvestments. This one totaledalmost $616 million, more than enough outlay to push almost any asset's price higher.\nAs often happens with assets hit with a sudden and substantial event, Saylor's piece of news was a sugar high that couldn't last. Following this, investors took profits, and the Bitcoin price subsequently retreated. That only made altcoins more attractive for many investors, and the rally continued.\nOf course, no cryptocurrency would be popular if the macroeconomic environment was unfavorable. The latest inflation figures released by not only our government but also those abroad -- we're looking at you, U.K. -- seem to indicate that price rises are cooling. This makes the long-hoped-for interest rate cuts more likely in the new year, and lower rates tend to inspire the market to chase riskier investments -- like cryptos.\nThis rally has quite a long tail by now, though, so investors must be cautious in this current environment. That is especially true for the more obscure and volatile altcoins, more than a few of which anchor blockchains with little to no practical value (meme coins, anyone?). Now is the time to be careful, not casually greedy.\nShould you invest $1,000 in Binance Coin right now?\nBefore you buy stock in Binance Coin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Binance Coin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of December 18, 2023\nEric Volkmanhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Theta Token. The Motley Fool has adisclosure policy.\nWhy Altcoins Zoomed Higher Again This Weekwas originally published by The Motley Fool", "Are the prices of altcoins ever going to obey gravity? An investor could be forgiven for thinking they'll continue to rocket into space indefinitely, as the long rally in their prices got even longer this week. While not every altcoin enjoyed such a rocket ride, more than a few ballooned in price. For example, according to data compiled by S&P Global Market Intelligence , BNB saw a double-digit gain rising by 16% over the period. Ditto for multiverse digital currency MultiversX and transaction bundling-chain Optimism 's\xa0token, both of which advanced by the same percentage. A near double-digit gainer was Theta Network , with its nearly 10% increase. A shift in strategy and a big buy by MicroStrategy Numerous factors were behind the continued rise of altcoins, but perhaps the most significant one is reallocation. Data crunched by crypto-trading analysis platform developer Coinalyze from January 2022 to the present revealed sharp gains in open in **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $817,384,430,700 - Hash Rate: 519019518.6838249 - Transaction Count: 533823.0 - Unique Addresses: 599027.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency requires trillions of litres of water each year to cool computer servers used to mine it (iStock/ Getty Images) Bitcoin mining requires as much water annually as all of the baths in Britain, according to a new analysis of the cryptocurrency’s environmental impact. Financial economist Alex de Vries, who runs the Bitcoin Energy Consumption Index, estimated that roughly 1.6 trillion litres of water each year is required to cool the computers used to support the cryptocurrency’s network. Separate research from 2018 found that 1.6 trillion litres is how much bath water the British public sends down the plughole every year – enough to fill roughly 660,000 Olympic-sized swimming pools. The latest analysis, which was published in the journal Cell Reports Sustainability on Wednesday, suggested that a single bitcoin transaction could use as much water as a backyard swimming pool. “Many parts of the world are experiencing droughts, and fresh water is becoming an increasingly scarce resource,” said Mr de Vries. “If we continue to use this valuable resource for making useless computations, I think that reality is really painful.” The “useless computations” refer to the complex calculations required to mint new units of the cryptocurrency and verify transactions on the network. The use of water to cool the necessary hardware could be significantly reduced if miners shifted their operations underwater, with companies like Microsoft already placing some of their data centres in the ocean in order to cool them. Earlier this month, China announced that it had begun building the world’s largest underwater data centre in order to reduce electricity and water costs. Bitcoin has previously been criticised for its electricity consumption, with Mr de Vries’s Energy Consumption Index estimating that the cryptocurrency’s network uses roughly as much electricity as the country of Poland. Bitcoin advocates have refuted accusations relating to bitcoin’s electricity consumption, claiming that miners are increasingly turning to renewable energy sources as the costs of wind and solar drop. A recently published study suggests bitcoin mining could actually help speed up the transition to renewable energy, as solar and wind energy installations could earn hundreds of millions of dollars mining bitcoin during periods of excess electricity generation. ”These rewards can act as an incentive for miners to adopt clean energy sources, which can lead to combined positive effects on climate change mitigation, improved renewable power capacity, and additional profits during pre-commercial operation of wind and solar farms,” said Apoorv Lal, a doctoral student at Cornell University who was involved in the research.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Gregory Beard , CEO and 10% Owner of Stronghold Digital Mining Inc ( NASDAQ:SDIG ), executed a sale of 38,759 shares in the company on December 28, 2023, according to a SEC Filing . Warning! GuruFocus has detected 5 Warning Signs with SDIG. Stronghold Digital Mining Inc is an environmentally beneficial and vertically integrated cryptocurrency miner. The company focuses on mining Bitcoin and other cryptocurrencies using a mix of environmentally friendly and renewable energy. It aims to solve the impact of traditional mining by converting coal waste into power used to mine cryptocurrencies. Over the past year, the insider has engaged in multiple transactions, selling a total of 38,759 shares and purchasing a total of 1,000,000 shares. The recent sale by the insider was executed at a price point significantly affecting the company's market valuation. The insider transaction history for Stronghold Digital Mining Inc indicates a pattern of insider activity. Over the past year, there has been a total of 1 insider buy and 11 insider sells. This trend can provide a broader context for the recent sale by the insider. On the day of the insider's recent transaction, shares of Stronghold Digital Mining Inc were trading at $9.95, resulting in a market capitalization of $64.364 million. Stronghold Digital Mining Inc CEO Gregory Beard Sells 38,759 Shares Investors and stakeholders often monitor insider transactions as they can provide insights into the company's performance and insider perspectives on the stock's value. However, it is essential to consider a wide range of factors when interpreting insider trades and their potential implications for the stock's future performance. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus .", "Gregory Beard, CEO and 10% Owner ofStronghold Digital Mining Inc (NASDAQ:SDIG), executed a sale of 38,759 shares in the company on December 28, 2023, according to aSEC Filing.\n• Warning! GuruFocus has detected 5 Warning Signs with SDIG.\nStronghold Digital Mining Inc is an environmentally beneficial and vertically integrated cryptocurrency miner. The company focuses on mining Bitcoin and other cryptocurrencies using a mix of environmentally friendly and renewable energy. It aims to solve the impact of traditional mining by converting coal waste into power used to mine cryptocurrencies.\nOver the past year, the insider has engaged in multiple transactions, selling a total of 38,759 shares and purchasing a total of 1,000,000 shares. The recent sale by the insider was executed at a price point significantly affecting the company's market valuation.\nThe insider transaction history for Stronghold Digital Mining Inc indicates a pattern of insider activity. Over the past year, there has been a total of 1 insider buy and 11 insider sells. This trend can provide a broader context for the recent sale by the insider.\nOn the day of the insider's recent transaction, shares of Stronghold Digital Mining Inc were trading at $9.95, resulting in a market capitalization of $64.364 million.\nInvestors and stakeholders often monitor insider transactions as they can provide insights into the company's performance and insider perspectives on the stock's value. However, it is essential to consider a wide range of factors when interpreting insider trades and their potential implications for the stock's future performance.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.\nThis article first appeared onGuruFocus.", 'If you think Wall Street had a phenomenal year, take a closer look at how the cryptocurrency space fared in 2023. As of the early morning hours on Dec. 28, the aggregate value of all listedcryptocurrencieson CoinMarketCap.com had increased by a cool 115% year to date.\nThough there are thousands upon thousands of digital currencies to choose from, it\'sBitcoin(CRYPTO: BTC)andEthereumthat have done most of the heavy lifting. When 2022 came to a close, Bitcoin and Ethereum collectively accounted for 58% of the $795 billion crypto market cap. As of Dec. 28, these two juggernauts are responsible for 67% of the aforementioned $1.71 trillion value of the crypto market.\nBut it\'s not about where digital currencies have been so much as where they\'re headed next. Following an exceptionally positive year, here are four cryptocurrency predictions for 2024.\nThere are a number of reasons Bitcoin surged by more than 160% in 2023. This includes positive sentiment throughout key U.S. financial markets, the belief that a spot Bitcoin exchange-traded fund (ETF) will be approved by the Securities and Exchange Commission (SEC) in January, and the expectation of Bitcoin\'s "halving" event, which is expected to occur in April 2024.\nThelatter two catalysts have been particularly important. Financial institutions have, for years, attempted to garner approval to list a Bitcoin ETF, only to be spurned by regulators who have claimed that the crypto space was rife with manipulation. A handful of approved Bitcoin ETFs would allow greater access to the top crypto token through more standard channels (i.e., without having to buy Bitcoin on a crypto exchange).\nLikewise, Bitcoin\'s halving event will reduce the block reward given to cryptocurrency miners by 50%. Bitcoin has a history of rallying into halving events as it results in fewer tokens being minted on a daily basis.\nHowever, Bitcoin has already surged over 160% on the rumor of these events occurring in 2024. This has all the hallmarks of a "buy the rumor, sell the news" year for the largest cryptocurrency by market cap.\nTo add, Bitcoin continues to fail in the relevancy department. El Salvador\'s experiment with Bitcoin as a viable currency simply hasn\'t resonated with its residents. Based on more than $7 billion in remittances transferred into El Salvador from abroad in 2022, a mere $126 million was sent to cryptocurrency wallets.\nAs I\'ve long stated, Bitcoin\'s competitive advantages have waned, with other projects leaving its network and utility in the dust.\nMy second prediction is that the ultra-popular "dog" coins -- I\'m talkingDogecoin(CRYPTO: DOGE)andShiba Inu(CRYPTO: SHIB)-- will continue to underperform the aggregate crypto market. In 2023, Dogecoin and Shiba Inu tokens gained 35% and 36%, respectively. While this represents a better year-to-date return than the benchmarkS&P 500, it\'s well below the noted 160%-plus gain for Bitcoin.\nThe core problem with Dogecoin and Shiba Inu is that they\'re nothing more than payment coins. There are thousands of digital currencies that could, in theory, be used to pay for goods and services. The two dog-inspired coins simply offer nothing in the way of differentiation from countless other projects.\nUsage data also backs up that Dogecoin and Shiba Inu lack real-world utility. Online business directory Cryptwerk notes that around 2,500 companies accept DOGE tokens, and roughly 900 companies accept SHIB coins for payment. Meanwhile, there are an estimated 333 million companies worldwide. The wild volatility often associated with meme coins has coerced all but an infinitesimally small percentage of businesses to shy away from Dogecoin and Shiba Inu.\nInvestors should also be aware of the checkered history of payment coins following mammoth increases in value. With few exceptions (e.g., Bitcoin), payment coins that rally by 10,000% or more typically lose 90% or more of their value in the years that follow. Though DOGE and SHIB tokens have both met this 90% retracement threshold, there\'s simply no reason for their valuations to remain where they are now.\nWith nothing more than enthusiastic social media banter holding up the valuations of DOGE and SHIB, I\'d expect another underperforming year for both "dog" coins.\nFor years, the cryptocurrency space has been lauded as a game changer for investors. The expectation of higher digital payment adoption, coupled with the growing usage of smart contracts -- protocols that facilitate, verify, and enforce the negotiation of a contract -- appeared to offer a way for investors to take advantage of cutting-edge innovations that aren\'t tethered to the performance of the U.S./global economy or the stock market.\nMy third prediction for 2024 is that digital currencies will, again, fail to decouple from the stock market. In other words, the performance of the benchmark indexes, such as the S&P 500, will ultimately determine how well or poorly the crypto market performs.\nAs much as investors would like to believe that the cryptocurrency market is a completely different entity from Wall Street, many of the same factors that guide the well-being of Wall Street matter **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-12-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $826,503,880,000 - Hash Rate: 558393413.2046669 - Transaction Count: 731351.0 - Unique Addresses: 690255.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Nervous bohemian with laptop in cafe The stock market was due for a rebound in 2023. The inflation crisis that started in 2021 led to a disastrous 2022, where the S&P 500 (SNPINDEX: ^GSPC) market index fell by 19.4%. And 2023 has delivered a powerful recovery. The S&P 500 is up more than 23% year-to-date, lifted by a stabilizing economy and the raging artificial intelligence (AI) mania. I saw 2022 as a buying opportunity, where lots of high-quality stocks were available at paltry share prices. The tide has turned, and Wall Street is no stranger to overvalued stocks today. Let me show you a couple of stock tickers teetering on the edge of a meteoric plunge. Mind you, they could continue to rise in 2024 and beyond if everything works out as planned. It would be silly to sell any of these skyrocketing market darlings short , and I'm not saying that you need to zero out your holdings. But it's a long way down from these lofty heights, and even a small misstep or accident could result in dramatic haircuts at the drop of a hat. So please be careful with IonQ (NYSE: IONQ) , Nvidia (NASDAQ: NVDA) , and Marathon Digital Holdings (NASDAQ: MARA) . These stocks have gained 235% or more in 2023 and trade at astronomical valuation ratios. Hold them if you like, buy more if you must, but be prepared for gigantic potholes in the road to long-term gains. The next sharp turn could very well be painful. Here's why I think you're better off waiting for a price correction before slapping that "buy" button. MARA Chart What are these companies doing right? The skyrocketing stocks under my microscope are up for good reasons. Nvidia emerged as an early leader in the high-powered microchips required to create and run modern AI systems such as OpenAI's ChatGPT. IonQ has started to monetize its research in quantum computing , potentially paving the way to tremendous revenue streams as the technology matures. And Marathon's all-in bet on Bitcoin (CRYPTO: BTC) may have looked misguided in the recent crypto winter , but the rising cryptocurrency market is making Marathon look smart again. Story continues So I'm looking at three high-quality business operations with serious long-term growth plans. Their recent gains are no flukes. What could go wrong? However, optimistic investors may have boosted their favorite stocks too far, too fast. These stocks are priced for absolute perfection, and anything less may have disastrous consequences for their share prices. Yes, Nvidia is the hardware provider of choice for prospective AI experts in 2023. But it is far from the only game in town. Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) have cooked up their own ultra-powerful AI accelerators, and I can't guarantee that Nvidia will win every big-ticket contract. If nothing else, the presence of several reasonable alternatives could drive down the mind-boggling price tags across the AI processing market. The current champ, Nvidia's H100 GPU, costs up to $40,000 per chip and the just-released H200 will probably command even higher prices -- unless the competitive situation changes things. Meanwhile, Nvidia's business is booming but the stock has soared even faster. As a result, Nvidia shares trade at 27 times sales and 70 times free cash flows today. That's more than double the average ratios in the last "normal" market, the five years before the pandemic. IonQ promises to disrupt the very concept of high-performance computing. Its quantum processors are not very powerful so far, as its most advanced system comes with only 32 so-called qubits of processing power. Recent research suggests that doubling the qubits may result in systems outperforming digital computers for some highly specialized tasks, but quantum computing also requires error correction and the classical computing world isn't standing still. So it's unclear exactly how long it might take before IonQ and others can replace regular state-of-the-art computers with their alternative technology. Until then, IonQ's business amounts to experimentation and speculation. With $6.1 million of revenue in the recently reported third quarter, the company faced $48 million in operating costs. The slightest of stumbles could bring the IonQ enterprise to its knees. And Marathon loves the refreshed cryptocurrency market, as Bitcoin has posted a 156% price gain year-to-date. The Bitcoin mining expert spent $179 million this week on two fully operational mining sites. Marathon generated 1,187 Bitcoin tokens in November but sold 700 in order to run the business. That's fine as long as Bitcoin prices continue to rise, but what if it doesn't work out that way? The next halvening is coming up in the spring of 2014, requiring twice as much work from Bitcoin miners to produce a new token. This event is expected to boost Bitcoin prices significantly, but nothing is guaranteed. The economics of minting more Bitcoin will break down if the higher production difficulty isn't matched by a similar price increase. Walking down Wall Street on eggshells Again, I'm not saying that disaster is about to strike these three companies. Nvidia could keep its AI acceleration throne, Bitcoin could (and arguably should) post a robust price gain due to the halvening, and IonQ's quantum computers may turn out to be the perfect tool for some mass-market computing need. The stock prices eventually match the underlying economic reality, but thanks to soaring financial results rather than lower share prices. That's one possible outcome. Like I said, I don't recommend selling any of these stocks short today. Just be careful out there, because the potential downsides are also real. In my view, the best way forward is to leave these stocks alone for now, perhaps pocketing some of this year's market-stomping gains if you caught that rocket ride on the way up, and wait for more reasonable stock prices. That could mean buying on the dips or looking out for stronger financial results. Either way, the time isn't right to double down on Nvidia, IonQ, and Marathon today. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 18, 2023 Anders Bylund has positions in Bitcoin, Intel, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Bitcoin, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel. The Motley Fool has a disclosure policy . 3 Overvalued Stocks That Could Plunge if the Market Crashes was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/Zaptosis', 'Natural Deflation Is Key To Ending Over-Consumption', 56, '2023-12-31 00:33', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/', 'Imagine a world where money becomes more valuable, & the natural incentive is to save rather than spend. People would think, "I could use my phone for another year because the next one will be better & cheaper."\n\nThis is a world that will only be possible if the economy is backed by sound money, be it gold, silver, Bitcoin, or my personal favorite, Monero. It really doesn\'t matter what it is, as long as governments can\'t print it & the value of money cannot be manipulated; it will do the job.\n\nHowever, doing so would result in the collapse of the debt-dependent institutions. This change will not & cannot be brought about by governments or bankers; it must be initiated by everyday people choosing to opt out of the current economic system & use self-sovereign alternatives to fiat money.\n\nWhile I personally believe a privacy coin such as Monero is the obvious solution, I imagine many of you may dislike crypto in all forms. Just remember that no matter what the replacement is, as long as we live in an inflation-dependent economy, you will always be fighting an uphill battle against over-consumption. The key lies in achieving a state of natural deflation.', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/', '18ut660', [['u/Equivalent-Pay-6438', 31, '2023-12-31 00:37', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmgt99/', "It's exactly what they don't want to happen because deflation leads to depression. Depressions don't naturally cure.", '18ut660'], ['u/dongus_nibbler', 51, '2023-12-31 00:41', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmhi8i/', 'I suggest you rephrase this as a hypothesis and post it over in /r/askeconomics.', '18ut660'], ['u/takkinn', 35, '2023-12-31 00:55', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmjn33/', 'Saving over spending is what leads to resource hoarding. This is why every country has a small amount of inflation, it incentivizes people who want to accumulate capital to invest every available cent into a new venture. If freezing your assets is ever the correct move you’re really asking for economic stagnation and depressions.', '18ut660'], ['u/AntiquePurple7899', 11, '2023-12-31 01:08', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmlorf/', 'Deflation will happen if we stop consuming. I don’t believe anyone needs 80% of the things that are available in a typical big-box retail establishment. Just stop buying things.', '18ut660'], ['u/Equivalent-Pay-6438', 11, '2023-12-31 01:21', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmnmam/', "I gave you a plethora of examples. Obviously, there are differences between a modern industrial or capitalist economy and subsistence, barter or feudal economies. You aren't grafting bitcoin or any naturally deflationary currency onto a modern system without blowing things up like bombs.", '18ut660'], ['u/Equivalent-Pay-6438', 10, '2023-12-31 01:31', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfmp5r0/', 'It\'s hard to say, but in many respects, I think a return to a more welfare capitalist system like we had in the 1940s through the Nixon administration would be an improvement. Since the Reagan years, and the major change in tax policy, I\'ve noticed a marked slide downwards in the American standard of living. Right now, I am reading a very interesting book called, "The Shock Doctrine." Having lived through this era, the book is putting a new face on events I experienced firsthand. I have just begun it, but it is probably one of the most terrifying books I have ever read.', '18ut660'], ['u/thekevmonster', 18, '2023-12-31 02:56', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfn27xt/', 'Lots of things can prevent over consumption, destroying markets without suitable replacements would definitely do so, nothing reduces consumption than mass starvation.', '18ut660'], ['u/therelianceschool', 17, '2023-12-31 04:03', 'https://www.reddit.com/r/Anticonsumption/comments/18ut660/natural_deflation_is_key_to_ending_overconsumption/kfnc4fz/', '>Saving over spending is what leads to resource hoarding.\n\nName an essential resource, and we\'re likely [depleting it at unsustainable rates](https://www.unep.org/news-and-stories/story/were-gobbling-earths-resources-unsustainable-rate). Resource "hoarding" is just another word for conservation, and that\'s only a bad thing within the context of an economy based on perpetual growth. Outside of that framework, it\'s a wise approach to dealing with anything that\'s physical, valuable, and finite.\n\n>This is why every country has a small amount of inflation, it incentivizes people who want to accumulate capital to invest every available cent into a new venture.\n\nThis would be true if capital was invested in the *real* economy of goods and services, but capital is increasingly invested in the *financial* economy, which doesn\'t always recirculate back to consumers in meaningful ways. On a policy level, inflation is preferable to deflation is because it benefits holders of inflation-proof assets like stocks and real estate (i.e. the wealthy). This is a major contributor to [income inequality](https://www.brookings.edu/articles/inflation-could-wreak-vengeance-on-the-worlds-poor/), as [wages generally do not keep up with inflation](https://www.forbes.com/sites/johnbremen/2022/04/07/why-salary-increases-do-not-keep-pace-with-inflation/?sh=12ff09b87533).', '18ut660']]], ['u/zada-dog', '2024 Looking Ahead', 205, '2023-12-31 01:41', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/', '1. Spot bitcoin ETF fully approved\n2. The halving will be anti-climatic\n3. The beginning of \'block-size wars 2.0\' will begin in earnest, this time over bitcoin\'s censorship resistance around the dynamics of mining. It will initiate a serious bifurcation of bitcoiners that will cast doubt and confusion in the public markets; "*leave it alone and let free markets play out*" vs. "*we must stop the graffiti or else bitcoin will ultimately fail".* New mining pools will pop up all over with aggressive marketing on how they promote decentralized processes (block template selections, non-custodial payouts, stratum v2, etc...). This is going to be a hot area in 2024.\n4. Do Kwon & Alex Mashinksy will stand trial and jury. No one will care much, as the damage has been already done.\n5. NOST adoption will continue but be far slower that hoped for. It\'s bleeding edge, and still has a big learning curve and public education to overcome. It\'ll get there, but needs way more time.\n6. No meaningful legislation that will hurt bitcoin in 2024. Lame duck congress, nothing will happen.\n7. Trump will win 2024 US presidential election. This will result in headwinds on bitcoin for the next several years as he is a USD fiat maxi.\n8. BitVM will grab some headlines on super interesting use cases, but fail to materialize due to technical complexity. This too needs more time, but will get there.\n9. One more country will declare bitcoin legal tender. An island nation, with abundant natural resources and little debt to the IMF.\n10. Saudi Arabia will start making meaningful transition away from selling oil in USD. This will raise a lot of serious questions and become a hot political topic for the 2024 presidential election.', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/', '18uupc0', [['u/zada-dog', 11, '2023-12-31 01:57', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/kfmt5b1/', "Not picking sides here, but I just see this as an almost certainty at this point. He'll take the republican primary by a landslide, and Biden will prove to not be cognizant enough to hold a debate. RFK will pull a Ross Perot move, hurting Biden on the democratic front. Trump takes the win. This is exactly what will play out, I'm calling it now.", '18uupc0'], ['u/Individual2020', 12, '2023-12-31 02:17', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/kfmw38x/', '#3, there won’t be another block size war, unless someone shows you can get the same decentralization and security Bitcoin offers, but with larger blocks.\n\n#7, the political process has collapsed, imo. If any of you still believe the voters determine elections, you might rethink how much you understand Bitcoin’s charter. Don’t trust, verify. But a lot of you trust the voting process and quite blindly. \n\nBut if you put a gun to my head and tell me I should have an ounce of faith in the US political system, I would say the Republican Party is more open to Bitcoin.', '18uupc0'], ['u/analogOnly', 81, '2023-12-31 02:32', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/kfmyed2/', "2. The halving will be anticlimactic. I agree here on the basis that the effects of the halving isn't really felt until 8 or so months after. There won't be much change immediately after the halving, there never has been.", '18uupc0'], ['u/MachaMacMorrigan', 17, '2023-12-31 02:40', 'https://www.reddit.com/r/Bitcoin/comments/18uupc0/2024_looking_ahead/kfmzmfq/', "Not an American, so I don't have a dog in this fight. \n\nFrom the outside, it looks like the Dems are in bed with the Fiat industry, so they are very anti-Bitcoin. The Republicans appear factionalised, with some pro-Bitcoin and others sorta... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 cryptocurrency has surged in popularity in recent years, only a minority of Americans have actually traded it. Among the most popular cryptos are Bitcoin , Ethereum and Cardano, each of which has seen a lot of action as prices rise and fall. The appeal for traders? The potential to make significant money on the volatility of these highly speculative assets. Increasingly, traders have more and more ways to access cryptocurrencies . New exchanges and trading platforms have started in response to the wide interest in crypto. In fact, you may already have an app on your phone that lets you trade. For example, if you have the PayPal or Venmo apps, you can buy and sell at least a few different cryptocurrency coins. But other apps and exchanges give you access to a wider selection of cryptocurrency — there are literally thousands — or they offer other benefits such as lower cost. Below are some of the top apps and exchanges for crypto trading and some of the key things you need to know. Top apps and exchanges for cryptocurrency trading in January 2024 The platforms below include specialized crypto exchanges, online brokers , and cash and payment apps. We’ve included pricing as well as how many coins you’re able to trade, so you can get a sense of the scope of each app or exchange. If you’re interested in trading the largest cryptocurrency, Bitcoin, exclusively, it may not make sense to go with an app that offers you dozens of other coins. On the other hand, if you’re looking to trade whatever is hot at the moment, consider an app or exchange with more variety. Binance.US Binance.US , which is the American arm of the larger Binance organization, is one of the best crypto exchanges because of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders. Plus, if you use Binance’s in-house coin, BNB, to pay trading fees, you’ll get a discount of 5 percent. Story continues You’ll also be able to trade more than 150 different cryptocurrencies at Binance, so you shouldn’t have any trouble finding what you’re looking for, especially if you just want to trade the most popular coins. The SEC sued Binance in June 2023 , alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe. In November 2023, Binance and Zhao pleaded guilty to separate federal charges and agreed to pay $4.3 billion in fines. Zhao also agreed to step down as CEO of Binance. The SEC’s case is ongoing. Cost: Free for Bitcoin, but fees for less-common coins start at 0.57 percent and decline for high-volume traders. A 5 percent discount is available if you pay trading fees with BNB. Coins available to trade: More than 150 coins including Bitcoin, Ethereum, Solana, Cardano and more Coinbase Coinbase is a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. But what will you pay for using the basic service? Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website. When it was visible, the fee structure was complex, to say the least. You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower. The SEC sued Coinbase in June 2023 , alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual. Cost: Typically at least 1.99 percent (lower with Coinbase Advanced Trade) Coins available to trade: Hundreds, including Bitcoin, Ethereum, Cardano and Solana eToro The broker eToro is all crypto, all the time (at least for American traders, though others can trade stocks). At eToro, you’ll have access to about 25 cryptocurrencies, including quite a few, such as Tezos, Uniswap and Polygon, that you won’t normally find on the traditional brokerage apps. The app doesn’t charge a direct commission but rather a flat spread markup of 1 percent, regardless of which coin you purchase or how much. Cost: Commission-free, but spread markup of 1 percent Coins available to trade: 25 cryptos, including Bitcoin, Ethereum, Dogecoin and more Kraken Kraken is another specialized cryptocurrency exchange that lets you trade a ton of different coins, including the most popular as well as some (Solana, Uniswap, Cardano and more) that are not typically available on the usual financial apps. In total, the exchange supports trading in more than 230 cryptos. Kraken does not offer its service to residents of New York and Washington state. Commissions on Kraken Pro are competitive, ranging from 0.16 to 0.26 percent at the lowest volume levels and declining to a range of 0 to 0.1 percent with volume of $10 million or more in the last 30 days. High-net-worth traders can also access margin trading , increasing their buying power (and risk). While you can deposit money via ACH for free into Kraken, debit or credit card transactions incur a 3.75 percent fee plus 25 cents, and you can get hit with a 0.5 percent online banking processing fee if you fund through a bank, at last check. In November 2023, the SEC charged Kraken with illegally operating an unregistered securities exchange, broker, dealer and clearing agency. The SEC alleges that Kraken’s business practices, including commingling customers’ money with its own, presents a significant risk to customers. Kraken disputes the allegations and is fighting the charges in court. Cost: Fees start at 0.26 percent, plus fees for cards and online banking Coins available to trade: 236 of them, including Bitcoin, Ethereum, Solana and Uniswap Robinhood You may know Robinhood for its slick trading app for stocks, options and ETFs, but it’s also expanded into cryptocurrencies. Plus, it brings its no-commission structure to the crypto world. Although trading may look free, Robinhood charges a spread markup rather than a direct commission, meaning that the costs are built into a coin’s buy or sell price. You can get started almost immediately with Robinhood’s instant transfer feature, so it’s just download and go. Cost: $0, or commission-free, but there’s a spread markup Coins available to trade: 15 of them (some aren’t available in all states), including Bitcoin, Dogecoin and Ethereum Webull Pay Webull may not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins. Cost: Commission-free, but spread markup of 1 percent (100 basis points) Coins available to trade: 8 different types, including Bitcoin, Ethereum and Shiba Inu Cash App When you think of cryptocurrency, you might not think of Cash App at first. The financial app is known more for its cash management account or even its ability to trade stocks and ETFs. But it also offers the ability to trade crypto, albeit only one — Bitcoin. While you can send Bitcoin to other users for free, Cash App charges what it calls a “small fee” for trading the coin, which it will disclose before you place the trade. That’s in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure. Cost: Spread markup plus a trading fee Coins available to trade: Only Bitcoin PayPal Like Cash App, you may already have PayPal installed on your phone and, if so, you could be up and running with trading cryptocurrency in literally seconds from now. PayPal charges a fee for any trade and also prices in a spread markup on trades. The fee starts at 49 cents for trades under $5, then gradually rises to $2.49 for trades up to $200. It then switches to a percentage that declines to as low as 1.5 percent for trades over $1,000. Helpfully, PayPal lists its fee structure plainly for all to see. PayPal’s sister app Venmo offers the same services on similar terms. Cost: Spread markup of about 0.5 percent plus a trading fee that starts at 49 cents and declines to 1.5 percent Coins available to trade: Four different cryptos — Bitcoin, Ethereum, Litecoin and Bitcoin Cash Bottom line The best crypto trading app or exchange for you depends on your needs. If you’re looking to trade a wide range of digital currencies, consider an app or exchange that allows you to do so. But if you prefer to stick mainly to the major ones such as Bitcoin, Ethereum and a handful of others, then many of the platforms mentioned here can get the job done. But cost is an important consideration as well, so keep that in mind before opening an account. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.', 'Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at th **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $846,507,724,650 - Hash Rate: 554813968.2482265 - Transaction Count: 657752.0 - Unique Addresses: 624628.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This week has seen relatively little action in the crypto markets, with prices remaining rangebound. However, behind the scenes, seismic shifts are occurring in the blockchain gaming sector that most are oblivious to. But enough trend analysis - you're here for the latest crypto news headlines. In today's edition, we cover: • Michael Saylor going bargain shopping again, gobbling up more Bitcoin 🛒 • A crypto user to get a $3M transaction fee refunded💸 • Top esports org Team Liquid partners with blockchain gaming project Illuvium⚔️ • Swiss crypto bank SEBA rebrands and expands globally🏦 • Binance launches new custody options for institutions🤝 • Elaborate $4M crypto identity scam crumbles as mastermind faces 5+ year prison sentence.🚨 Now let's dive into the nitty-gritty details of each of those stories! That familiar corporate Bitcoin whale is at it again,gobbling up another stash of BTC. Michael Saylor continues his bargain-hunting spree, capitalizing on prices some predict we may never see again. Still, critics debate whether this corporate crypto exposure makes prudent long-term fiscal sense. Yet Saylor shows no signs of wavering conviction, trumpeting Bitcoin's reliable scarcity and vast appreciation potential compared to depreciating dollars. With the asset now down ~40% from the previous all-time high, he seems intent on capitalizing on prices the market may one day view as irresistible bargains. Meanwhile, MSTR shares keep hitting new high scores. Will his Bitcoin purchases have any impact on prices?Hereare more details on how his previous buys performed! A clumsy crypto user accidentally paid a huge transaction fee last week, apparently shattering digital records. The recipient mining pool nowpledges to return the astronomical amountafter verifying the user's identity. However, the lucky refund comes with a deadline. But the monumental mixup and aftermath show crypto's high-stakes dynamism, where fortunes change in an instant. While blockchain transactions are immutable by design, the non-binding pledge represents a show of good faith. However, some argue miners benefit from flawed code and should refund victims by default. “Benefit from flawed code?” Yes, the user claims to be a victim of a wallet hack! 😳Read thefull story! And that brings us to our Word of the Day... It’s ‘Immutable’! So what is immutability in blockchain? One of the defining features of blockchains is that they provide a tamperproof record of transactions that cannot be altered after the fact - that's called immutability. Once a crypto transaction is verified and added to the blockchain ledger, it's extremely difficult to edit or delete it later. No single user or party has overriding power to modify recorded blocks. This is achieved through decentralized networks of validators reaching consensus on the state of the chain. Overturning previously confirmed blocks would require overwhelming control. So you can securely depend on past crypto transactions reflecting the agreed reality at the time. Blockchains don't allow rewriting history at someone's discretion. Their enduring nature resists mutation. In short, immutability means the confirmed blocks remain "set in stone" - giving certainty and trust in the ledger's accuracy. This prevents double-spends, fraud, and revisionism, baking honesty into the network. But how exactly does a network achieve immutability?Read more! Now back to our daily stories! Source: illuvium.io Top eSports group Team Liquidis diving into blockchain gaming through a Web3 partnership.The organization will help test Illuvium's battle features and esports viability. If all goes smoothly, the collaboration could unlock Illuvium's $100,000 tournament prize pool alongside NFT gear for Liquid fans. For Illuvium’s makers, this marks a key step toward mainstream adoption as competitive gaming and crypto's play-to-earn model converge. But can a newly formed collaboration secure a place among already-established eSport giants? I guess if you build it, they will come! What does this partnership mean for ILV token holders? Read thefull story! Swiss cryptocurrency bankSEBA is undergoing a metamorphosis, rebranding as Amina Bank to support international expansion. The name change ends SEBA's confusion with a Swedish bank. The new name draws inspiration from scientific catalysts transferring atomic attributes, an apt metaphor for melding traditional and virtual asset banking. Emboldened by early success abroad, the financier now spreads its wings globally. Yet some analysts question whether breakneck growth could cause turbulence for the bank. Managing regulatory complexity across contrasting jurisdictions is no small task. Wondering how this expansion can benefit you as a crypto investor?Read more! The leading crypto exchange isoffering cautious institutional crypto traders a new collateral custody pilot. The initiative lets partners park assets with vetted banks instead of the exchange itself, easing counterparty risks. Execs report strong initial demand as adoption gains momentum. They modeled it to match Wall Street standards. Will it boost institutional capital in crypto, impacting crypto prices positively?Read more! A complex cryptocurrency fraud ringrelied on stolen identities and false documentsto illegally obtain millions in crypto...until the architects of deception finally faced a reckoning. The plot saw scammers create exchange accounts with stolen identity credentials that enabled large crypto purchases. After rapidly moving the assets, they pulled off several bank transaction reversals based on fraudulent claims. This high-tech fraud allowed the group to pocket riches while evading immediate oversight...but the house of marked cards eventually collapsed. Yesterday, authorities dealt a winning hand against the operation's criminal mastermind - sentencing him to over 5 years behind bars along with millions in restitution and forfeiture orders. But how did he get caught?Read more! And that wraps up today's top crypto and blockchain news. As always, stay tuned for tomorrow’s dispatch - who knows what surprises the ever-changing world of crypto may reveal next! We appreciate you choosing us as your go-to news source in this rapidly evolving landscape. Before you head out, take a sec to sign up for our newsletter below, and we'll deliver the hottest crypto stories straight to your inbox! Subscribe to Our Newsletter!... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world\'s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,922, having gained 156% last year in its strongest yearly performance since 2020. It was last up 3.1% at $45,509 but remains far off the record high of $69,000 it hit in November 2021. The no. 2 cryptocurrency ether was 1.2% higher at $2,386.50 on Tuesday, having surged 91% in 2023. Crypto stocks, which mirror bitcoin price moves, surged, with Riot Platforms, Marathon Digital and CleanSpark gaining between 7% and 10% after sharp falls in the last trading day of 2023. Software firm and bitcoin investor MicroStrategy added 13.4%, while ProShares Bitcoin Strategy ETF, which tracks bitcoin futures, added 7.8%. Investor focus has squarely been on whether the U.S. securities regulator will soon approve a spot bitcoin ETF, which would throw open the market to millions more investors and draw billions in investments. The U.S. Securities and Exchange Commission has rejected multiple applications to launch spot bitcoin ETFs in recent years, arguing that the cryptocurrency market is vulnerable to manipulation. In recent months, however, there have been increasing signs regulators are prepared to sign off on at least some of the 13 proposed spot bitcoin ETFs, with expectations the decision will likely come in early January. "We expect a positive approval and I won\'t be surprised if after the approval, we see a retracement of lower price levels before we go up again," said Matteo Greco, analyst at digital asset firm Fineqia International. A spot bitcoin ETF approval would "open the door to cohorts of investors that are out of this market at the moment and will definitely improve the liquidity of the market," Greco added. Story continues Rising bets that major central banks will cut interest rates this year has also been a boon for cryptocurrencies, helping shake off the gloom that had settled over crypto markets following the collapse of FTX and other crypto-business failures in 2022. Crypto markets could further their gains in 2024 as bitcoin tends to perform during U.S. election years, coinciding with Bitcoin halving cycles in 2012, 2016 and 2020, said Markus Thielen, founder of digital asset research firm 10x Research. (Reporting by Ankur Banerjee in Singapore and Summer Zhen in Hong Kong, additional reporting by Medha Singh in Bengaluru; Editing by Jacqueline Wong, Shri Navaratnam and Krishna Chandra Eluri)', 'By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world\'s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,922, having gained 156% last year in its strongest yearly performance since 2020. It was last up 3.1% at $45,509 but remains far off the record high of $69,000 it hit in November 2021. The no. 2 cryptocurrency ether was 1.2% higher at $2,386.50 on Tuesday, having surged 91% in 2023. Crypto stocks, which mirror bitcoin price moves, surged, with Riot Platforms, Marathon Digital and CleanSpark gaining between 7% and 10% after sharp falls in the last trading day of 2023. Software firm and bitcoin investor MicroStrategy added 13.4%, while ProShares Bitcoin Strategy ETF, which tracks bitcoin futures, added 7.8%. Investor focus has squarely been on whether the U.S. securities regulator will soon approve a spot bitcoin ETF, which would throw open the market to millions more investors and draw billions in investments. The U.S. Securities and Exchange Commission has rejected multiple applications to launch spot bitcoin ETFs in recent years, arguing that the cryptocurrency market is vulnerable to manipulation. In recent months, however, there have been increasing signs regulators are prepared to sign off on at least some of the 13 proposed spot bitcoin ETFs, with expectations the decision will likely come in early January. "We expect a positive approval and I won\'t be surprised if after the approval, we see a retracement of lower price levels before we go up again," said Matteo Greco, analyst at digital asset firm Fineqia International. A spot bitcoin ETF approval would "open the door to cohorts of investors that are out of this market at the moment and will definitely improve the liquidity of the market," Greco added. Story continues Rising bets that major central banks will cut interest rates this year has also been a boon for cryptocurrencies, helping shake off the gloom that had settled over crypto markets following the collapse of FTX and other crypto-business failures in 2022. Crypto markets could further their gains in 2024 as bitcoin tends to perform during U.S. election years, coinciding with Bitcoin halving cycles in 2012, 2016 and 2020, said Markus Thielen, founder of digital asset research firm 10x Research. (Reporting by Ankur Banerjee in Singapore and Summer Zhen in Hong Kong, additional reporting by Medha Singh in Bengaluru; Editing by Jacqueline Wong, Shri Navaratnam and Krishna Chandra Eluri)', 'Investing.com -- U.S. stock futures point to a lower start to 2024 following a blockbuster year on Wall Street. Elsewhere, China\'s BYD (SZ:002594) unveils fourth-quarter production figures that heap pressure on Tesla\'s (NASDAQ:TSLA) spot as the world\'s biggest electric vehicle maker. Bitcoin tops $45,000, bolstered by expectations that U.S. securities regulators may be edging closer to approving an exchange traded fund tracking the megapopular cryptocurrency. 1. Futures dip ahead of first trading session of 2024 U.S. stock futures were lower ahead of the start of a new trading year, as investors attempted to gauge the staying power of a bumper 2023 for equities on Wall Street. By 06:35 ET (11:35 GMT), the Dow futures contract had slipped by 115 points or 0.3%, S&P 500 futures had dropped by 23 points or 0.5%, and Nasdaq 100 futures were down by 128 points or 0.7%. Markets were closed for the New Year\'s Day holiday on Monday. The main indices surged last year despite initial worries that an unprecedented string of Federal Reserve interest rate hikes could spark a recession. But resilience in the U.S. economy helped fuel optimism that the Fed could engineer a so-called "soft landing," in which inflation is cooled without causing an economic meltdown. Investors will have the chance to parse through a bevy of fresh data this week that could shed light on the state of the world\'s largest economy -- and, particularly, its all-important labor market -- in the final days of 2023. 2. U.S. indices post blockbuster 2023 The major averages all slipped marginally on Friday, although the declines took little away from what was a stellar 2023 on Wall Street. The benchmark S&P 500 surged by 24.2% annually, closing out the year with a streak of nine consecutive winning weeks -- its best since 2004. The tech-heavy Nasdaq Composite also soared by 43.4%, driven in part by strength in mega-cap stocks and emerging enthusiasm over the possible applications of artificial intelligence. Meanwhile, the 30-stock Dow Jones Industrial Average jumped by 13.7%, boosted by seven record closing levels in the last days of the year. Equities endured several shocks throughout 2023, including a regional banking crisis marked by the collapse of Silicon Valley Bank and the outbreak of fresh hostilities in the Middle East. Attention now turns to the new year, with some analysts wondering if the solid returns of 2023 may have left stock valuations overstretched. 3. BYD production figures add to pressure on Tesla China\'s BYD said it sold a record 526,000 battery-powered cars in the fourth quarter, putting further pressure on U.S. rival Tesla\'s position as the world\'s largest manufacturer of electric vehicles (EVs). Story continues For 2023, Shenzhen-based BYD also sold over 3 million new EVs and hybrids, a roughly 62% increase, figures released by the company on Monday showed. The result leaves Elon Musk\'s Tesla, which offers only battery-powered automobiles, potentially on track to sell fewer cars than BYD for the second straight year. Tesla\'s output in the first nine months of 2023 clocked in at 1.35 million cars. The group is set to release its full-year production and delivery numbers on Tuesday. BYD, which counts Warren Buffett\'s Berkshire Hathaway (NYSE:BRKa) as a major investor, controlled around 17% of the global market for electric-only vehicles at the end of the third quarter, matching Tesla\'s market share. 4. Bitcoin clears $45,000 Bitcoin rose sharply to a 21-month high on Tuesday on increased speculation that the U.S. Securities and Exchange Commission was close to approving a spot exchange traded fund (ETF) for the world’s largest cryptocurrency. By 05:05 ET, Bitcoin had jumped by 7.0% to $45,630.9, reaching its highest level since early-April 2022. The increase came as an extension of a strong recovery in 2023 for Bitcoin, when the token surged more than 100% in value after starting the year at around $17,000. Partly driving the gains was speculation over the SEC\'s approval of an ETF that directly tracks Bitcoin\'s prices. The regulator has a January 10 deadline to approve or reject a spot ETF application from Ark and 21 Shares, according to a Reuters report. The ruling could set the precedent for ETF applications from several other fund managers for a similar product. 5. Oil rises Oil prices rose Tuesday, rebounding after hefty losses in 2023, on concerns over potential supply disruptions in the Middle East. Reports said on Tuesday that an Iranian warship had entered the Red Sea, a vital trade route between Europe and Asia. The news added to fears over the flow of supplies in the region, whi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $884,090,275,312 - Hash Rate: 468907289.29366255 - Transaction Count: 367319.0 - Unique Addresses: 550846.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Suzanne McGee and Hannah Lang (Reuters) - Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants said a decision from the regulator may be imminent. By late Friday afternoon, BlackRock Asset Management, VanEck, Valkyrie Investments, Bitwise Investment Advisers, Invesco Ltd., Fidelity, WisdomTree Investments and a joint venture between Ark Investments and 21Shares had all submitted new documents with regulators spelling out details of the arrangements each has made with their marketmakers to ensure trading is liquid and efficient. People familiar with the filing process said issuers that met their end of the year filing revision deadlines may be able to launch by January 10 - the date by which the SEC is required to either approve or reject the Ark/21Shares ETF. The SEC may notify issuers as soon as Tuesday or Wednesday that they have been cleared to launch the following week, said those sources, who spoke on background given the confidential nature of the discussions. Bitcoin's price has more than doubled this year to just under $42,000, fueled in part by expectations that the SEC will soon approve a spot bitcoin ETF. If regulators opt to approve the spot bitcoin ETFs, they could then inform issuers as early as next week. Valkyrie also disclosed in its filing that it would levy a management fee of 0.80% on the ETF, should the SEC approve the products early in the new year. Ark and 21Shares had previously disclosed they proposed to charge the same fee on their own ETF. The Fidelity Wise Origin Bitcoin Fund is poised to be the least expensive, levying fees of only 0.39%. Invesco announced plans for a 0.59% fee, but added in its filing that it would waive that fee for six months on the first $5 billion in assets the new fund attracts. There are currently a total of 14 asset managers hoping to finally win SEC approval for spot bitcoin ETFs. Over the last decade, the U.S. securities regulator has rejected multiple attempts to launch these products, citing fears about market manipulation and an inability on the part of would-be issuers to protect investors. To date, the only cryptocurrency ETFs approved have been tied to futures contracts on bitcoin and ethereum, which are traded on the Chicago Mercantile Exchange. Grayscale Investments and Hashdex, both of which hope to convert existing products into spot bitcoin ETFs, submitted their own updates earlier this month. The SEC didn't immediately respond to requests for comment. (Reporting by Suzanne McGee and Hannah Lang; Editing by Ira Iosebashvili and Diane Craft)... - 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:** ["Deadline Passes for Last Spot Bitcoin ETF Amendments As the deadline for the U.S. Securities and Exchange Commission to approve or deny the novel spot bitcoin ETF approaches, prospective issuers are filing final amendments to their regulatory filings after multiple editing rounds. The agency told issuers, based on confidential sources, that Friday, Dec. 29 was the last day to amend their spot bitcoin S-1 applications for ETFs, according to Reuters . BlackRock, Invesco, Ark, Grayscale, and others filed amendments Friday, with Fidelity and WisdomTree naming Jane Street as the fund’s broker dealer and Invesco naming JPMorgan and Virtu as their authorized participants. Issuers that filed new ETF amendments Dec. 29 will likely be included in the first round of launches, which could carry huge first-mover advantages for the novel product. While various issuers have vied to roll out a spot bitcoin ETF for a decade, the SEC only recently began to seriously work with firms to advance filings toward approval. This began after Grayscale won a watershed lawsuit against the SEC in late August, with a U.S. appeals court ruling that the regulator was wrong to block the company’s conversion of their Grayscale Bitcoin Trust (GBTC) into an ETF. This left the SEC’s hands tied and opened the door for the debut of ETFs that track physically backed bitcoin. Spot Bitcoin ETF Race As crypto specialist issuers such as Bitwise Asset Management and powerful Wall Street players including BlackRock work to woo crypto investors, an unprecedented ETF marketing war has kicked off. Bitwise broke out of the gate first, releasing their “Most Interesting Man” spinoff commercial earlier this month. Hashdex and VanEck have also both released TV ads. “It's a marketing game from there, although some people would call it a war,” Cathie Wood , who tops ARK, told etf.com in November. Fees will also inform the competition. Invesco said in their filing that they will waive the fund’s fee for the first six months and $5 billion in assets. Fidelity currently has listed the lowest fee, 0.39%, yet not all issuers have included fees in their filings. Story continues Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2024 etf.com. All rights reserved", "As the deadline for the U.S. Securities and Exchange Commission to approve or deny the novel spot bitcoin ETF approaches, prospective issuers are filing final amendments to their regulatory filings after multiple editing rounds.\nThe agency told issuers, based on confidential sources, that Friday, Dec. 29 was the last day to amend their spot bitcoin S-1 applications for ETFs,according to Reuters. BlackRock, Invesco, Ark, Grayscale, and others filed amendments Friday, with Fidelity and WisdomTree naming Jane Street as the fund’s broker dealer and Invesco naming JPMorgan and Virtu as their authorized participants.\nIssuers that filed new ETF amendments Dec. 29 will likely be included in the first round of launches, which could carry huge first-mover advantages for the novel product.\nWhile various issuers have vied to roll out a spot bitcoin ETF for a decade, the SEC only recently began to seriously work with firms to advance filings toward approval. This began after Grayscale won a watershed lawsuit against the SEC in late August, with a U.S. appeals court ruling that the regulator was wrong to block the company’s conversion of theirGrayscale Bitcoin Trust (GBTC)into an ETF.\nThis left the SEC’s hands tied and opened the door for the debut of ETFs that track physically backed bitcoin.\nAs crypto specialist issuers such as Bitwise Asset Management and powerful Wall Street players including BlackRock work to woo crypto investors, an unprecedented ETF marketing war has kicked off.\nBitwise broke out of the gate first, releasing their“Most Interesting Man” spinoff commercialearlier this month. Hashdex and VanEck have also both released TV ads.\n“It's a marketing game from there, although some people would call it a war,”Cathie Wood, who tops ARK, told etf.com in November.\nFees will also inform the competition. Invesco said in their filing that they will waive the fund’s fee for the first six months and $5 billion in assets. Fidelity currently has listed the lowest fee, 0.39%, yet not all issuers have included fees in their filings.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved", "As the deadline for the U.S. Securities and Exchange Commission to approve or deny the novel spot bitcoin ETF approaches, prospective issuers are filing final amendments to their regulatory filings after multiple editing rounds.\nThe agency told issuers, based on confidential sources, that Friday, Dec. 29 was the last day to amend their spot bitcoin S-1 applications for ETFs,according to Reuters. BlackRock, Invesco, Ark, Grayscale, and others filed amendments Friday, with Fidelity and WisdomTree naming Jane Street as the fund’s broker dealer and Invesco naming JPMorgan and Virtu as their authorized participants.\nIssuers that filed new ETF amendments Dec. 29 will likely be included in the first round of launches, which could carry huge first-mover advantages for the novel product.\nWhile various issuers have vied to roll out a spot bitcoin ETF for a decade, the SEC only recently began to seriously work with firms to advance filings toward approval. This began after Grayscale won a watershed lawsuit against the SEC in late August, with a U.S. appeals court ruling that the regulator was wrong to block the company’s conversion of theirGrayscale Bitcoin Trust (GBTC)into an ETF.\nThis left the SEC’s hands tied and opened the door for the debut of ETFs that track physically backed bitcoin.\nAs crypto specialist issuers such as Bitwise Asset Management and powerful Wall Street players including BlackRock work to woo crypto investors, an unprecedented ETF marketing war has kicked off.\nBitwise broke out of the gate first, releasing their“Most Interesting Man” spinoff commercialearlier this month. Hashdex and VanEck have also both released TV ads.\n“It's a marketing game from there, although some people would call it a war,”Cathie Wood, who tops ARK, told etf.com in November.\nFees will also inform the competition. Invesco said in their filing that they will waive the fund’s fee for the first six months and $5 billion in assets. Fidelity currently has listed the lowest fee, 0.39%, yet not all issuers have included fees in their filings.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved", 'By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose to a two-week high on Wednesday as investors continued to take profits on short dollar positioning amassed toward the end of last year, even as they questioned market expectations of roughly six interest rate cuts in 2024. For December, the dollar fell about 2%. Trading was relatively subdued, with Japanese markets shut for a holiday and markets digested softer-than-expected U.S. economic data released earlier on Wednesday. Bitcoin, meanwhile, sank roughly 5% on Wednesday after climbing to more than $45,000 on Tuesday, its highest since April 2022. Still, optimism about bitcoin remained high amid a possible approval this week of a spot exchange traded fund for the world\'s largest cryptocurrency. The dollar, on the other hand, earlier moved in tandem with Treasury yields, with those on the 10-year hitting 4% for the first time in two weeks. But the 10-year yield has since declined to 3.90%, down 4.1 basis points (bps). Yet the dollar index held gains and was last up 0.2% at 102.45, after earlier touching a two-week peak of 102.61. Minutes of the Dec. 12-13 Federal Reserve meeting released on Wednesday showed officials were convinced inflation was coming under control and were concerned about the damage that "overly restrictive" monetary policy might do to the economy. However, participants "stressed ... that it would be appropriate for policy to remain at a restrictive stance for some time until inflation was clearly moving down sustainably toward the Committee\'s objective." "The biggest driver of U.S. dollar strength through this very young year is a general repricing of expectations for the Fed in 2024," said Helen Given, FX trader at Monex USA in Washington. "Traders were overzealous in their expectations of as many as six 25 basis point cuts from the Fed in 2024, and through the last few days have been paring down some of those positions." Story continues Fed funds futures have priced about 166 bps of cuts this year, or about six rate reductions of 25 bps, according to LSEG\'s IRPP app. The dollar earlier came off its highs after data showed the U.S. manufacturing sector contracted further in December although the pace of decline has slowed. The Institute for Supply Management (ISM) said on Wednesday its manufacturing PMI increased to 47.4 last month after being unchanged at 46.7 for two straight months. It was the 14th consecutive month that the PMI has stayed below 50, which indicates contraction in manufacturing. That is the longest such stretch since the period from August 2000 to January 2002. At the same time, U.S. job openings fell for the third straight month in November. Job openings, a measure of labor demand, dropped 62,000 to 8.790 million on the last day of November, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS, report. In other currencies, the euro was last down 0.2% against the dollar at $1.0924. It earlier fell to $1.0893, its lowest since mid-December, and dropped 0.95% on Tuesday in its biggest daily decline since July. A drop in inflation and a dovish tilt in the Fed\'s December policy meeting fueled bets for multiple U.S. rate cuts in 2024, undermining the greenback and sparking a rally in Treasuries and stocks in November and December. The dollar index hit a five-month low of 100.61 last week **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $872,547,916,800 - Hash Rate: 565552303.117547 - Transaction Count: 502749.0 - Unique Addresses: 677059.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) -Shares of crypto miners and bitcoin-tracking companies rose on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite. Bitcoin, up 1.6% at $38,337, has been gaining since October on optimism that a potential approval of a spot exchange-traded fund is likely to unleash more capital investments in the digital asset sector. "Tailwinds have been gathering strength all year, especially in recent months, as spot ETF expectations build, the Binance uncertainty is resolved, and 2024's accelerated money printing becomes more inevitable," crypto-focused economist Noelle Acheson said, referring to the bitcoin rally. Shares of bitcoin miners - whose profitability improves as bitcoin climbs - including Riot Platforms, Marathon Digital and TeraWulf rose between 1.7% and 4%. J.P.Morgan raised its price targets on Cipher Mining, CleanSpark, Iris Energy, Marathon Digital and Riot Platforms to reflect the rally in bitcoin. The mining companies are also increasing production before bitcoin's "halving" event next year, when rewards for producing the tokens are cut in half. Coinbase's shares rose about 2.5% following the 62% jump in November that outperformed bitcoin's 11% climb even as the U.S. crypto exchange reported a decline in trading volume earlier in the month. "Higher crypto prices should lead to a boost in transaction volume and transaction revenues for Coinbase as we enter 2024," said CFRA Research analyst Michael Elliott. However, Elliott cautioned the crypto exchange faces both legal challenges and new regulations that are likely to take time to play out and will continue to result in volatility for the stock. The ETF approval bets have helped counter latest concerns after Changpeng Zhao, the founder of the world's largest crypto exchange, stepped down and pleaded guilty to breaking U.S. anti-money laundering laws. Among other gainers were U.S. software developer and bitcoin investor Microstrategy, up nearly 3.5%, and ProShares Bitcoin Strategy ETF, which added 2.1%. (Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila and Krishna Chandra Eluri)... - Reddit Posts (Sample): [['u/feddee', 'Guest Post by Coin Edition: Economist Peter Schiff Argues Bitcoin Could Tank After ETF Approval', 18, '2024-01-03 12:57', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/', 'FUD season has begon.', 'https://coinmarketcap.com/community/articles/65954b0f66d8240ea1e5688f/', '18xhqis', [['u/pukem0n', 28, '2024-01-03 13:10', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/kg47cig/', 'Jim Cramer now being pro bitcoin is all I need to know about where the price is heading.', '18xhqis'], ['u/GBR2021', 19, '2024-01-03 13:12', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/kg47hin/', 'Lmfao. Peter Schiff has been bearish on BTC since it was $300', '18xhqis'], ['u/ValsinatsKrrt', 14, '2024-01-03 13:15', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/kg47ul1/', ' But we already crashin', '18xhqis'], ['u/Odysseus_Lannister', 11, '2024-01-03 13:16', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/kg47xad/', 'This man hates BTC so much. I wish I cared about anything as much as he wants crypto to fail.', '18xhqis'], ['u/singlecell_organism', 13, '2024-01-03 13:40', 'https://www.reddit.com/r/CryptoCurrency/comments/18xhqis/guest_post_by_coin_edition_economist_peter_schiff/kg4afey/', 'Tin foil hat. Money makers are taking profit before the ETF gets approved', '18xhqis']]], ['u/Interesting-Click-12', 'The inverse jim cramer strategy', 122, '2024-01-03 19:19', 'https://www.reddit.com/r/wallstreetbets/comments/18xpxj4/the_inverse_jim_cramer_strategy/', "Jim crammer just said you can't kill bitcoin and its here to stay.", 'https://i.redd.it/sisc3jwqo9ac1.jpeg', '18xpxj4', [['u/AdWild7548', 16, '2024-01-03 19:48', 'https://www.reddit.com/r/wallstreetbets/comments/18xpxj4/the_inverse_jim_cramer_strategy/kg5upt5/', 'Midas touch this man has 🤣\n\nWhatever he touches turns to ashes.', '18xpxj4']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['With many eager crypto investors confident that the U.S. Securities and Exchange Commission will approve the first spot bitcoin ETF this month, one voice against the grain may have moved bitcoin markets Wednesday upon projecting the agency would again reject the novel investment vehicle.\nThe crypto research firmMatrixportreleased a reportTuesday by Head of Research Markus Thielen that predicted the SEC will once again rule against spot bitcoin ETFs on the basis that the commissioners who vote to approve or deny new products are majority Democrats and SEC Chair Gensler has been hostile to new crypto products.\n“While we have seen frequent meetings between the ETF applicants and staff from the SEC, which resulted in the applicants refiling their applications, we believe all applications fall short of a critical requirement that must be met before the SEC approves,” Thielen wrote. “This might be fulfilled by Q2 2024, but we expect the SEC to reject all proposals in January.”\nBitcoin’s price sunk 8% Wednesday morning. The Matrixport report may have contributed to the market movement given its traction on X and discourse it stirred up there.\nYet while Gensler has expressed his suspicion of cryptocurrency, analysts believe the agency’s hands are largely tied because of a U.S. appeals court that ruled in Grayscale’s favor in a lawsuit that alleged the regulator was wrong to block Grayscale’s trust conversion.\nBloomberg analystEric Balchunaswrote on X, “Not saying it’s imposs [sic] (again we [sic] still ‘only’ at 90%) but it overturns a LOT of good intel.”\nWhile Thielen has been among the more contrarian crypto markets analysts, he accurately predicted in early November, with BTC hovering around $36,000, that the price would hit $45,000 by year end. Bitcoin rose well above $44,000 in December before sagging in the final days. Thielen has forecast that bitcoin will hit $125,000 by the end of 2024.\nStill, he report was met by some including Ric Edelman, founder of the Digital Assets Council of Financial Professionals. "It’s worth noting that Matrixport is alone in its prediction," he said in an emailed comment.\n"Based on the conversations I’ve been having with many of the ETF sponsors, I’ve heard nothing to suggest that anyone believes the SEC will reject all of the applications," he wrote.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Bitcoin With many eager crypto investors confident that the U.S. Securities and Exchange Commission will approve the first spot bitcoin ETF this month, one voice against the grain may have moved bitcoin markets Wednesday upon projecting the agency would again reject the novel investment vehicle. The crypto research firm Matrixport released a report Tuesday by Head of Research Markus Thielen that predicted the SEC will once again rule against spot bitcoin ETFs on the basis that the commissioners who vote to approve or deny new products are majority Democrats and SEC Chair Gensler has been hostile to new crypto products. “While we have seen frequent meetings between the ETF applicants and staff from the SEC, which resulted in the applicants refiling their applications, we believe all applications fall short of a critical requirement that must be met before the SEC approves,” Thielen wrote. “This might be fulfilled by Q2 2024, but we expect the SEC to reject all proposals in January.” Bitcoin’s price sunk 8% Wednesday morning. The Matrixport report may have contributed to the market movement given its traction on X and discourse it stirred up there. Spot Bitcoin ETF Optimism Yet while Gensler has expressed his suspicion of cryptocurrency, analysts believe the agency’s hands are largely tied because of a U.S. appeals court that ruled in Grayscale’s favor in a lawsuit that alleged the regulator was wrong to block Grayscale’s trust conversion. Bloomberg analyst Eric Balchunas wrote on X , “Not saying it’s imposs [sic] (again we [sic] still ‘only’ at 90%) but it overturns a LOT of good intel.” While Thielen has been among the more contrarian crypto markets analysts, he accurately predicted in early November, with BTC hovering around $36,000, that the price would hit $45,000 by year end. Bitcoin rose well above $44,000 in December before sagging in the final days. Thielen has forecast that bitcoin will hit $125,000 by the end of 2024. Still, he report was met by some including Ric Edelman, founder of the Digital Assets Council of Financial Professionals. "It’s worth noting that Matrixport is alone in its prediction," he said in an emailed comment. Story continues "Based on the conversations I’ve been having with many of the ETF sponsors, I’ve heard nothing to suggest that anyone believes the SEC will reject all of the applications," he wrote. Contact Lucy Brewster at [email protected] . Permalink | © Copyright 2024 etf.com. All rights reserved', 'With many eager crypto investors confident that the U.S. Securities and Exchange Commission will approve the first spot bitcoin ETF this month, one voice against the grain may have moved bitcoin markets Wednesday upon projecting the agency would again reject the novel investment vehicle.\nThe crypto research firmMatrixportreleased a reportTuesday by Head of Research Markus Thielen that predicted the SEC will once again rule against spot bitcoin ETFs on the basis that the commissioners who vote to approve or deny new products are majority Democrats and SEC Chair Gensler has been hostile to new crypto products.\n“While we have seen frequent meetings between the ETF applicants and staff from the SEC, which resulted in the applicants refiling their applications, we believe all applications fall short of a critical requirement that must be met before the SEC approves,” Thielen wrote. “This might be fulfilled by Q2 2024, but we expect the SEC to reject all proposals in January.”\nBitcoin’s price sunk 8% Wednesday morning. The Matrixport report may have contributed to the market movement given its traction on X and discourse it stirred up there.\nYet while Gensler has expressed his suspicion of cryptocurrency, analysts believe the agency’s hands are largely tied because of a U.S. appeals court that ruled in Grayscale’s favor in a lawsuit that alleged the regulator was wrong to block Grayscale’s trust conversion.\nBloomberg analystEric Balchunaswrote on X, “Not saying it’s imposs [sic] (again we [sic] still ‘only’ at 90%) but it overturns a LOT of good intel.”\nWhile Thielen has been among the more contrarian crypto markets analysts, he accurately predicted in early November, with BTC hovering around $36,000, that the price would hit $45,000 by year end. Bitcoin rose well above $44,000 in December before sagging in the final days. Thielen has forecast that bitcoin will hit $125,000 by the end of 2024.\nStill, he report was met by some including Ric Edelman, founder of the Digital Assets Council of Financial Professionals. "It’s worth noting that Matrixport is alone in its prediction," he said in an emailed comment.\n"Based on the conversations I’ve been having with many of the ETF sponsors, I’ve heard nothing to suggest that anyone believes the SEC will reject all of the applications," he wrote.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 17, 2019. Brendan McDermid/Reuters US stocks fell Wednesday as investors digested the Fed\'s last meeting minutes. Central bankers emphasized their 2% inflation goal, striking a slightly more hawkish tone. Still, investors are anticipating a handful of rate cuts in 2024. US stocks fell on Wednesday as traders took in the Federal Reserve\'s December meeting minutes and reassessed their views on coming interest rate cuts in 2024. The major indexes ticked lower, though stocks pared their deepest losses of the session. Investors digested the minutes from the Fed\'s December FOMC meeting, where central bankers struck a mildly hawkish tone on the US economic outlook. Officials emphasized their commitment to returning inflation back to 2%, suggesting rates could remain higher-for-longer than markets are expecting. "In light of the policy restraint in place, along with more favorable data on inflation, participants generally viewed risks to inflation and employment as moving toward greater balance," central bankers said, adding that the Fed remained "highly attentive to inflation risks." Investors, though, still expect the Fed to enact rate cuts this year. Markets are pricing in a 33% chance rates will fall past 3.75% by the end of the year, up from just a 15% chance priced in a month ago, according to the CME FedWatch tool. The 10-year Treasury yield fell by about four basis points in the afternoon, to 3.903%. "Minutes from the December FOMC meeting are slightly hawkish but not enough to spook markets," LPL Financial Chief Economist Jeffrey Roach said in a statement Wednesday. Here\'s where US indexes stood at the 4:00pm closing bell on Wednesday: S&P 500 : 4,704.81, down 0.8% Dow Jones Industrial Average : 37,430.19, down 0.76% (-284.85 points) Nasdaq Composite : 14,592.21, down 1.18% Here\'s what else happened today: The US national debt topped $34 trillion for the first time . Investors are overrating a Goldilocks scenario and shouldn\'t expect interest rate cuts anytime soon. The SEC is likely to reject a spot bitcoin ETF and will send prices crashing as much as 20%, one crypto firm says. Oil prices could jump 15% on unavoidable disruptions in the Middle East, according to one energy expert. CHART OF THE DAY : The Magnificent Seven stocks are now equal to the combined stock markets of three first-world nations. AI will boom to a $225 billion market by 2027 , UBS estimates. Investors are "too fricking happy" and markets could soon slump , according to "Big Short" star Steve Eisman. Story continues In commod **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $846,195,212,362 - Hash Rate: 608505642.5948291 - Transaction Count: 482557.0 - Unique Addresses: 675009.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Apple Inc., seeking to reverse a decline in Mac and iPad sales, is preparing several new models and upgrades for early next year, according to people familiar with the situation. Most Read from Bloomberg Abu Dhabi Is the World’s Newest Wealth Haven for Billionaires Bitcoin’s Largest Decline in Four Months Frays Startling Rally Jack Ma’s Biggest E-Commerce Rival Is Coming for Amazon A Record High Is in the Cards for US Stocks in 2024 Harvard Under Heightened Pressure After Penn Leaders Ousted The effort includes updating the iPad Air, iPad Pro and MacBook Air, according to the people, who asked not to be identified because the products haven’t been announced. The new iPad Air will come in two sizes for the first time, and the Pro model will get OLED screens — short for organic light-emitting diode. The MacBook Air, meanwhile, will feature the speedier M3 processor. The Mac and iPad account for 15% of Apple’s revenue combined, and they’ve been particularly hard hit by a decline in consumer tech spending. The iPad slump has been compounded by a lack of new models. In fact, 2023 will be the first calendar year in the product’s history when no new versions were released. There have been Mac releases in the past year, but that market faces a broader pullback for computers following a boom in pandemic spending. Mac sales tumbled 34% last quarter to $7.61 billion, while iPad revenue dropped 10% to $6.44 billion. They also make up a smaller portion of Apple’s total sales these days, with services — once a negligible contributor — now accounting for a much larger piece. Apple is looking to the new models to help reinvigorate demand next year. The iPads and accessories are expected to launch around the end of March — alongside iPadOS 17.4 — according to the people familiar with the plans. The Macs are being developed alongside macOS 14.3. That software update is likely to be released between the end of January and February, but the hardware may not ship until the March time frame. Story continues It’s not unusual for Apple to hold launch events for the Mac and iPad around March. A spokeswoman for the Cupertino, California-based company declined to comment on the company’s plans. Read More: Apple Warns of Sluggish Holiday Quarter After China Slowdown The iPad Air, which is the company’s mid-tier tablet, currently comes with a 10.9-inch screen. For next year’s release, the company will add a version that’s about 12.9 inches, matching the size of what’s currently the biggest iPad Pro. The company is readying four models — codenamed J507, J508, J537 and J538 — that will offer Wi-Fi-only and cellular versions of both sizes. The additional screen size for the iPad Air is part of a strategy to offer more options at different prices. It lets consumers get a larger display without having to pay for the iPad Pro, which costs several hundred dollars more. This approach mirrors Apple’s strategy with the MacBook Air and MacBook Pro. The new Pro models are currently scheduled to be announced at the same time as the iPad Air. The OLED screens show a wider range of colors and will give the company’s tablets the same display technology used in the iPhone since 2017. The high-end tablet will get the M3 chip that was introduced with the MacBook Pro in October. The company is planning four new iPad Pro models, codenamed J717, J718, J720 and J721, with roughly 11-inch and 13-inch screen sizes and both Wi-Fi-only and cellular configurations. Apple’s new iPad Pro will mark the first overhaul to the product since the current design was introduced in 2018. The company had previously made smaller changes to the line, including bringing over chips from Macs and adding new cameras. These pricier tablets — which can top $2,000 with the highest storage capacity — are a key part of Apple’s bid to wring more revenue from the iPad. The company is also preparing revamped versions of the Apple Pencil and Magic Keyboard accessories, which it will sell alongside the new iPad Pro. The new Pencil — codenamed B532 — will represent the third generation of the product. The company released a new low-end model in November. The new Magic Keyboards — codenamed R418 and R428 — will make the iPad Pro look more like a laptop and include a sturdier frame with aluminum. The latest MacBook Airs — codenamed J613 and J615 — will continue to come in 13-inch and 15-inch sizes. The main focus there will be the addition of the M3 chip. Beyond those product lines, Apple also plans to release its Vision Pro headset early next year. For later in 2024, it’s working on an updated Apple Watch with blood pressure sensing and a refresh to the iPad mini. There will be a new low-end iPad and larger upscale iPhones, as well as revamped low-end and mid-tier AirPods that add a USB-C port. Most Read from Bloomberg Businessweek Rate-Cut Pivot Can’t Come Soon Enough for Debt-Strapped Companies How the Biggest Boutique Fitness Company Turned Suburban Moms Into Bankrupt Franchisees Salesforce Signals the Golden Age of Cushy Tech Jobs Is Over Hottest Job in US Pays $80,000 a Year, No College Degree Needed At World Central Kitchen, José Andrés Is in the Middle of a Mess ©2023 Bloomberg L.P.... - Reddit Posts (Sample): [['u/ObjectivelyCorrect2', 'To those new to btc', 330, '2024-01-04 04:47', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/', "Relax, seriously. A whale bought a ton 2 days ago and another sold almost equivalent last night and now we're back where we were 3 days ago. Like seriously you'd think after years of this you guys would stop spazzing out over the smallest things.", 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/', '18y3ety', [['u/analogOnly', 170, '2024-01-04 04:53', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8cs9s/', 'People newly invested haven\'t gone through nearly anything as volatile as it used to be. 20% - 80% crashes.. I used to have to swear to myself "if it goes down, I\'ll go down with it" It almost became a mantra. Nowadays 5% is barely a thing to me, BTC has "died" countless times, banned and unbanned, too much worry. BTC will do what BTC does.', '18y3ety'], ['u/Due-Professional6824', 45, '2024-01-04 05:04', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8edjx/', 'The only way bitcoin pays off is long term commitment. I bought in 2019 and am planning to hold atleast untill the 2032-2033 cycle.', '18y3ety'], ['u/SonicTemp1e', 64, '2024-01-04 05:14', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8foec/', "I honestly get a laugh out of the ups and downs, it's just a wild ride. Sure, I'd love for it to not go to zero, but we all know what we signed up for. When I check my portfolio and it has dropped by thousands of dollars in a few hours, I don't even feel the fear any more. It's crazy.", '18y3ety'], ['u/KathryneMarville', 10, '2024-01-04 05:39', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8iux2/', "Ah, the seasoned crypto sage graces us with his wisdom! How fortunate we are to have someone so experienced and unflappable among us. You must chuckle at the quaint concerns of us mere mortals who haven't yet transcended to your level of market enlightenment. It's almost poetic, really, how you watch the market's ups and downs with such serene detachment. We should all aspire to be as cool, calm, and collected as you in the face of the crypto storm. Teach us, oh wise one, how to achieve such a Zen-like state amidst the chaos. Your years of unshakable calm are surely the beacon we all need in these turbulent times.", '18y3ety'], ['u/TrickyGene8406', 30, '2024-01-04 05:44', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8jhtb/', 'People need to read about Jack Bogle. If you think bitcoin is going to be worth 250-1000k one day, who cares it is goes down 5% when it’s trading at 40k?', '18y3ety'], ['u/MattCizzle', 12, '2024-01-04 06:06', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8m63r/', 'You mean weirdly good at descriptive writing with a satirical theme...', '18y3ety'], ['u/1025scrap', 11, '2024-01-04 06:23', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8o7b2/', 'They have a point. OP can stand to be a little less sanctimonious', '18y3ety'], ['u/penty', 15, '2024-01-04 07:11', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg8tb5v/', 'Right. Some like the rollercoasters, others the merry-go-round.', '18y3ety'], ['u/Silver-Rub-5059', 20, '2024-01-04 08:50', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg9290b/', 'It’s a strange feeling. I remember one day sitting on the toilet at work feeling physically sick at how much I had ‘lost’ in the space of an hour or so. After a few minutes I thought “guess I better buy the dip” and bought a nice bag of cheap sats. That bag’s value has more than doubled since. That day really stands out in my memory in terms of my Bitcoin comviction. You have to have it.', '18y3ety'], ['u/Ill-Veterinarian599', 11, '2024-01-04 11:25', 'https://www.reddit.com/r/Bitcoin/comments/18y3ety/to_those_new_to_btc/kg9es1m/', 'I remember buying, watching the price double in 24 hours, selling, then watching the price double again in 48 more hours, FOMOing back in, only to watch the price crash back down, selling again at a loss, then watching the price climb back up...... Early days on MtGox were a wild ride.', '18y3ety']]], ['u/Lucie_Goosey_', 'Cryptocurrencies that were NOT pre-mined?', 221, '2024-01-04 06:35', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/', "Hey guys, first post here. I could use some help.\n\nI just recently learned about pre-mining, and it looks like a lot of cryptocurrency creators choose to go this route. I did some searching online and didn't find anything comprehensive.\n\nIt reminds me a bit of the Cantillon Effect and the printing of US dollars and those who first receive that money. But it also sort of reminds me of what a start up company would do, because hey, how else are you supposed to finance continued development.\n\nIt's a confusing topic for me, but so far I'm aware of Bitcoin, Bitcoin Cash, Monero, and that's all.\n\nI want to make a list for myself and others to reference so that we can check the integrity of some of these projects.\n\nAnyone know which cryptocurrencies ***were not*** pre-mined?", 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/', '18y5hcu', [['u/holiday1326', 10, '2024-01-04 06:52', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8rde3/', 'I do believe Kaspa was fair launched with nothing pre-mined. I am not 100% sure but I do believe that it was.', '18y5hcu'], ['u/Ku-no-ku', 29, '2024-01-04 07:04', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8sm04/', "Also correct. Also a big part of why we like it. Ergo seems to be more geared towards defi, etc., while Kaspa is good straight up money. Kaspa is to bitcoin as Ergo is to ethereum...? Except Ergo isn't doing that POS BS. Both are economicallly sound POW.", '18y5hcu'], ['u/Mikeyctc', 61, '2024-01-04 07:10', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8t781/', 'Ergo!, decentralized and fairly launched project. POW Focused on first principles, and open source protocols. \n\nAlso just launch the Rosen Bridge to Cardano. First of its kind and will soon integrate ETH and BSC to the Bridge.', '18y5hcu'], ['u/IndependenceNo2060', 33, '2024-01-04 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8tfl7/', 'Wow, great insights! Ergo & Kaspa sound promising. Love seeing fair launches!', '18y5hcu'], ['u/Mikeyctc', 23, '2024-01-04 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8tgq5/', 'There’s a chance it wasn’t. Supposedly the first 3 months Kapsa was launched/mined the on chain data is “missing” or “archived”. Either ways it’s a black hole, no one actually knows to who and how much was mined during that time .', '18y5hcu'], ['u/Popular_Broccoli133', 21, '2024-01-04 07:14', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8to0y/', 'Nano had an extremely fair distribution method.', '18y5hcu'], ['u/libretumente', 53, '2024-01-04 07:16', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8tugb/', 'Litecoin - it had arguably the fairest launch of any coin in crypto.', '18y5hcu'], ['u/CoverYourMaskHoles', 69, '2024-01-04 07:18', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8u072/', 'LTC was not premined. It had one of the fairest launches in crypto.', '18y5hcu'], ['u/lite-house', 66, '2024-01-04 07:19', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8u4qp/', 'LTC. Respect the OGs', '18y5hcu'], ['u/libretumente', 13, '2024-01-04 07:21', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8uaf1/', "LTC was able to pull off the fairest launch IMO. Wish they'd list Kaspa on Coinbase!", '18y5hcu'], ['u/whaddayawantnow', 12, '2024-01-04 07:33', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8vi0i/', "It's gonna rug so hard", '18y5hcu'], ['u/Machspeedcrypto', 12, '2024-01-04 07:34', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8vkdd/', 'It’s been around forever and has millions of transactions with low cost. How is it still so cheap? Comparison to BTC, ETH', '18y5hcu'], ['u/lordytoo', 12, '2024-01-04 07:41', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8w82u/', 'Nano, BTC, LTC.', '18y5hcu'], ['u/RatherCynical', 26, '2024-01-04 07:46', 'https://www.reddit.com/r/CryptoCurrency/comments/18y5hcu/cryptocurrencies_that_were_not_premined/kg8wnl7/', "Because Bitcoin won. \n\nIt goes back to the Block Size Wars. \n\nWe had unanswered questions about whether the block size should be larger, whether throughput should be faster, and so on.\n\nThey bleed against Bitcoin because Bitcoin is the most decentralised and secure network in existence. To perform a double spend attack requires absurd levels of infrastructure spent on building ASICs and deploying mass amounts of electricity (and economic self-interest makes it better to just hold those coins, so it has to be a state actor).\n\nThink about it:\n\nYou have a billion dollars of your client's money to deploy. You can't get it wrong. Who do you allocate to? A very secure and very decentralised protocol, or one that's less safe/decentralised?\n\nETH plays a different game. ETH performs distributed computing functions using Ether tokens as gas", '18y5hcu'], ['u/aaaanoon', 51, '2024-01-... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 NYSE Thomson Reuters The Nasdaq dropped for the fifth session in a row, while the Dow inched up on Thursday. Shares of Apple, Amazon, and Microsoft fell in the session as tech gets off to a rough start to 2024. Private payrolls came in hotter than expected for December. Traders are looking ahead to Friday\'s jobs report. US stocks traded mixed on Thursday, with the Dow Jones Industrial Average climbing and the S&P 500 and Nasdaq ending lower for the day. Shares of Amazon, Microsoft, and Apple dipped, helping bring the tech-heavy Nasdaq to its fifth consecutive losing session. Apple in particular has had a tough week, facing two Wall Street downgrades from Barclays and Piper Sandler. The stock shed another 1.2% on Thursday to end the session at $181.91 a share. Meanwhile, ADP\'s report released before the opening bell showed that private payrolls jumped 164,000 in December, above estimates of 130,000, and above November\'s revised reading of 101,000. The hotter-than-expected reading suggests the Federal Reserve could stay hawkish to keep a lid on inflation and to keep the economy from overheating again. Fed meeting minutes released on Wednesday showed that central bankers believe they still have work to do in order to keep a lid on inflation. "The latest Fed Minutes revealed the committee is focusing on the labor market as members see downside risk to the job market throughout 2024, putting more focus on the job market," Jeffrey Roach, chief economist for LPL Financial wrote in a note. Weekly jobless claims dipped to their lowest mark in two months, and on Wednesday, additional data showed job openings softened to a three-year low in November. Investors are now turning to the December employment report set to publish Friday, and markets will be watching any change in the unemployment rate, the share of people working full- or part-time, and the pace of wage growth. Bloomberg economists forecast nonfarm payrolls increased by 175,000 in December, and unemployment will hover at 3.8%. Story continues "Markets could be choppy if the Fed is right and the job market ends up being weaker than expected," Roach said. Here\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday: S&P 500 : 4,688.68, down 0.34% Dow Jones Industrial Average : 37,440.34, up 0.03% (+10.15 points) Nasdaq Composite : 14,510.30, down 0.56% Here\'s what else is going on: This is what has to happen for the world\'s best-performing ETF to stay on top in 2024 . One chart illustrates what investors can expect in a crucial election year . Goldman\'s former commodities chief said demand isn\'t to blame for crashing energy prices. Goldman Sachs reportedly wants in on the bitcoin ETF hype. Ed Yardeni broke down four big risks for stocks in the first half of the year. Here\'s what LendingTree expects for the housing market in 2024. In commodities, bonds, and crypto: Oil prices dropped, with West Texas Intermediate down 0.4% to $72.39 a barrel. Brent crude , the international benchmark, lower 0.7% to $77.68 a barrel. Gold edged higher 0.46% to $2,051 per ounce. The 10-year Treasury yield moved higher nine basis points to hover at 3.999%. Bitcoin climbed 2.98% to $44,015. Read the original article on Business Insider', '• The Nasdaq dropped for the fifth session in a row, while the Dow inched up on Thursday.\n• Shares of Apple, Amazon, and Microsoft fell in the session as tech gets off to a rough start to 2024.\n• Private payrolls came in hotter than expected for December. Traders are looking ahead to Friday\'s jobs report.\nUS stocks traded mixed on Thursday, with the Dow Jones Industrial Average climbing and the S&P 500 and Nasdaq ending lower for the day.\nShares of Amazon, Microsoft, and Apple dipped, helping bring the tech-heavy Nasdaq to its fifth consecutive losing session.\nApple in particular has had a tough week, facing two Wall Street downgrades from Barclays and Piper Sandler. The stock shed another 1.2% on Thursday to end the session at $181.91 a share.\nMeanwhile, ADP\'s report released before the opening bell showed that private payrolls jumped 164,000 in December, above estimates of 130,000, and above November\'s revised reading of 101,000.\nThe hotter-than-expected reading suggests the Federal Reserve could stay hawkish to keep a lid on inflation and to keep the economy from overheating again. Fed meeting minutes released on Wednesday showed that central bankers believe they still have work to do in order to keep a lid on inflation.\n"The latest Fed Minutes revealed the committee is focusing on the labor market as members see downside risk to the job market throughout 2024, putting more focus on the job market," Jeffrey Roach, chief economist for LPL Financial wrote in a note.\nWeekly jobless claims dipped to their lowest mark in two months, and on Wednesday, additional data showed job openings softened to a three-year low in November.\nInvestors are now turning to the December employment report set to publish Friday, and markets will be watching any change in the unemployment rate, the share of people working full- or part-time, and the pace of wage growth.\nBloomberg economists forecast nonfarm payrolls increased by 175,000 in December, and unemployment will hover at 3.8%.\n"Markets could be choppy if the Fed is right and the job market ends up being weaker than expected," Roach said.\nHere\'s where US indexes stood as the market closed at 4:00 p.m. on Thursday:\n• S&P 500:4,688.68, down 0.34%\n• Dow Jones Industrial Average:37,440.34, up 0.03% (+10.15 points)\n• Nasdaq Composite:14,510.30, down 0.56%\nHere\'s what else is going on:\n• This is what has to happen for the world\'s best-performing ETF tostay on top in 2024.\n• One chart illustrates what investors can expect ina crucial election year.\n• Goldman\'s former commodities chief saiddemand isn\'t to blamefor crashing energy prices.\n• Goldman Sachs reportedlywants inon the bitcoin ETF hype.\n• Ed Yardeni broke downfour big risks for stocksin the first half of the year.\n• Here\'swhat LendingTree expectsfor the housing market in 2024.\nIn commodities, bonds, and crypto:\n• Oil prices dropped, withWest Texas Intermediatedown 0.4% to $72.39 a barrel.Brent crude, the international benchmark, lower 0.7% to $77.68 a barrel.\n• Goldedged higher 0.46% to $2,051 per ounce.\n• The10-year Treasury yieldmoved higher nine basis points to hover at 3.999%.\n• Bitcoinclimbed 2.98% to $44,015.\nRead the original article onBusiness Insider', 'Rumors that the U.S. Securities and Exchange Commission (SEC) is set to approve a spot Bitcoin exchange-traded fund (ETF) on January 5 reached a high on social media, fueled by cryptic tweets and claims.\nA tweet from Grayscale\'s chief legal officer, Craig Salm, stating that he was "just filling out some forms," and a widely shared tweet from TechCrunch crypto reporter Jacquelyn Melinekcitingsources "extremely close to the matter" that multiple ETFs approval would happen on Friday have added to the excitement.\nThe hashtag #ETFBitcoin and the term "Bitcoin ETFs" are currently trending on Twitter. However, Bitcoin (BTC) dropped sharply from $44,700 to $43,200 after its strong recovery from the flash crash on January 3.\nSome analysts have cautioned against getting too excited, saying that approval is more likely to come next week. Bloomberg ETF analyst James Seyffart described the speculation around a January 5 approval as "noise" and said he still expects approval to arrive between January 8 and January 10.\nSenior Bloomberg ETF analyst Eric Balchunassaysthe SEC is currently providing final comments and that issuers will soon file their final 19b-4 and S-1 forms soon afterward. Both forms need to be approved by the SEC before an ETF can start trading, though an approved 19b-4 form is required for the spot Bitcoin ETF to be effectively approved.\nThe spot Bitcoin ETF will be the first in the United States, making its potential approval highly anticipated by crypto market investors and traders. There are a total of14 issuers applying for a spot Bitcoin ETF, including BlackRock, Valkyrie, ARK Invest & 21 Shares, Bitwise and Fidelity.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.', 'Rumors that the U.S. Securities and Exchange Commission (SEC) is set to approve a spot Bitcoin exchange-traded fund (ETF) on January 5 reached a high on social media, fueled by cryptic tweets and claims.\nA tweet from Grayscale\'s chief legal officer, Craig Salm, stating that he was "just filling out some forms," and a widely shared tweet from TechCrunch crypto reporter Jacquelyn Melinekcitingsources "extremely close to the matter" that multiple ETFs approval would happen on Friday have added to the excitement.\nThe hashtag #ETFBitcoin and the term "Bitcoin ETFs" are currently trending on Twitter. However, Bitcoin (BTC) dropped sharply from $44,700 to $43,200 after its strong recovery from the flash crash on January 3.\nSome analysts have cautioned against getting too excited, saying that approval is more likely to come next week. Bloomberg ETF analyst James Seyffart described the speculation around a January 5 approval as "noise" and said he still expects approval to arrive between January 8 and January 10.\nSenior Bloomberg ETF analyst Eric Balchunassaysthe SEC is currently providing final comments and that issuers will soon file their final 19b-4 and S-1 forms soon afterward. Both forms need to be approved by the SEC before an ETF can start trading, though an approved 19b-4 form is required for the spot Bitcoin ETF to be effectively approved.\nThe spot Bitcoin ETF will be the first in the United States, making its potential approval highly anticipated by crypto market investors and traders. There are a total of14 issuers applying for a spot Bitcoin ETF, including BlackRock, Valkyrie, ARK Invest & 21 Shares, Bitwise and Fidelity.\nLet us know what yo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $854,175,745,738 - Hash Rate: 493963403.98874366 - Transaction Count: 420884.0 - Unique Addresses: 645934.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Riot Produces 552 Bitcoin in November 2023 While Expanding Hash Rate and Miners Deployed CASTLE ROCK, Colo., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for November 2023. Bitcoin Production and Operations Updates for November 2023 [["Metric", "November 2023", "October 2023", "November 2022", "Month/Month", "Year/Year"], ["Bitcoin Produced", "552", "458", "521", "21%", "6%"], ["Average Bitcoin Produced per Day", "18.4", "14.8", "17.4", "25%", "6%"], ["Bitcoin Held1", "7,358", "7,345", "6,897", "0%", "7%"], ["Bitcoin Sold", "540", "440", "450", "23%", "20%"], ["Bitcoin Sales - Net Proceeds", "$19.6 million", "$12.5 million", "$8.1 million", "57%", "142%"], ["Average Net Price per Bitcoin Sold", "$36,278", "$28,408", "$18,009", "28%", "101%"], ["Deployed Hash Rate1", "12.4 EH/s", "11.7 EH/s2", "7.7 EH/s", "6%", "61%"], ["Deployed Miners1", "112,944", "106,6742", "72,428", "6%", "56%"], ["Power Credits3", "$0.2 million5", "$1.0 million5", "$0.2 million", "-77%", "1%"], ["Demand Response Credits4", "$1.6 million5", "$1.9 million5", "$0.6 million", "-18%", "164%"], ["", ""], ["1.\u00a0 \u00a0 \u00a0 \u00a0 As of month-end."], ["2.\u00a0 \u00a0 \u00a0 \u00a0 Exahash per second (\u201cEH/s\u201d). Excludes 6,270 miners in October 2023 offline due to damage to Building G from the severe winter weather in late December 2022 in Texas."], ["3.\u00a0 \u00a0 \u00a0 \u00a0 Power curtailment credits."], ["4.\u00a0 \u00a0 \u00a0 \u00a0 Credits received from participation in ERCOT demand response programs."], ["5.\u00a0 \u00a0 \u00a0 \u00a0 Estimated."]] “Riot continued to increase monthly Bitcoin production in November, mining 552 Bitcoin during the month, a 21% increase over October’s production,” said Jason Les, CEO of Riot. “Despite the headwinds of a nearly 9% increase in network difficulty, the ongoing return of hash rate in Building G at our Rockdale Facility and reduced curtailment activity helped drive this strong increase in our production activity.” Estimated Hash Rate Growth In June 2023, Riot entered into a long-term purchase agreement with MicroBT, which included an initial order of 33,280 Bitcoin miners for its Corsicana Facility. Effective December 1, 2023, Riot executed a second order under the MicroBT long-term purchase agreement for an additional 66,650 Bitcoin miners, primarily for its Corsicana Facility. Collectively, the two purchase orders will add 26 EH/s to Riot’s self-mining capacity. Deployment of these miners is expected to begin in the first quarter of 2024 and to be completed by the second half of 2025. Upon full deployment in 2025, Riot anticipates a total self-mining hash rate capacity of 38 EH/s. Conference Schedule: • Singular Research: 18thAnnual “Best of Uncovered” Conference in San Francisco, December 7th. • Roth MKM: 12thAnnual Deer Valley Event, December 13-16th. Investor Relations Update Riot has recently updated its Corporate Presentation, a copy of which is available on the Company’swebsite. Human Resources Update Riot is currently recruiting for positions across the Company. Join our team in building, expanding, and securing the Bitcoin network. Open positions are available at:https://www.riotplatforms.com/careers. About Riot Platforms, Inc. Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has data center hosting operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visitwww.riotplatforms.com. Safe HarborStatements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements about the benefits of acquisitions, including financial and operating results, and the Company’s plans, objectives, expectations, and intentions. Among the risks and uncertainties that could cause actual results to differ from those expressed in forward-looking statements include, but are not limited to: unaudited estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the Navarro site expansion; our expected schedule of new miner deliveries; the impact of weather events on our operations and results; our ability to successfully deploy new miners; the variance in our mining pool rewards may negatively impact our results of Bitcoin production; megawatt (“MW”) capacity under development; we may not be able to realize the anticipated benefits from immersion-cooling; the integration of acquired businesses may not be successful, or such integration may take longer or be more difficult, time-consuming or costly to accomplish than anticipated; failure to otherwise realize anticipated efficiencies and strategic and financial benefits from our acquisitions; and the impact of COVID-19 on us, our customers, or on our suppliers in connection with our estimated timelines. Detailed information regarding the factors identified by the Company’s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release may be found in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks, uncertainties and other factors discussed under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as amended, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC’s website,www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements. Investor Contact:Phil McPherson303-794-2000 ext. [email protected] Media Contact:Alexis Brock303-794-2000 ext. [email protected]... - Reddit Posts (Sample): [['u/sizzlingrecourse46', 'Only atomic swap can save LTC', 48, '2024-01-05 08:27', 'https://www.reddit.com/r/litecoin/comments/18z149y/only_atomic_swap_can_save_ltc/', 'LTC it is in a continuous downtrend compared to BTC.\nNone, outside the community, care about MWEB, this is why LTC continue to fall compared with BTC and other ALTs.\nWhat make LTC special was the digital silver idea, to recover this idea people must be able to swap LTC and BTC natively, this was the idea a few years ago when LTC rocked.\nYou guys are going in the wrong direction, recover LN and atomic swap before it too late .', 'https://www.reddit.com/r/litecoin/comments/18z149y/only_atomic_swap_can_save_ltc/', '18z149y', [['u/Sundayman______', 32, '2024-01-05 09:25', 'https://www.reddit.com/r/litecoin/comments/18z149y/only_atomic_swap_can_save_ltc/kgeo3ug/', "If I we're to sell my LTC, the price would triple in a day.", '18z149y'], ['u/C-Class_hero_Satoru', 10, '2024-01-05 11:05', 'https://www.reddit.com/r/litecoin/comments/18z149y/only_atomic_swap_can_save_ltc/kgew5qo/', 'Happened to me with ADA 😂 sold at 27 cents... Next day 60 cents', '18z149y']]], ['u/dav956able', 'I have secured 1 whole bitcoin, how much of it should I put towards altcoins if any?', 360, '2024-01-05 11:17', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/', "Around the time of last bullrun I had 1.1 btc, 5 eth, 10k worth in pancake, I then ended up blowing an awful lot of it on stupid defi projects.\n(I won't go into detail about how much I threw away on that stupid shit)\n\nSo im a bit anxious about breaking up any of my btc, maybe I could put .05 to .1 towards top 5 alts, .05 to .1 on gaming alts, then another .05- .1 on ai coins.\n\nor if I went safe and only got 5 eth would I be safe in assuming my portfolio could rise to over 1.1 to maybe 1.5 btc?\n\nThis might come off as a noob question or pretty basic.\n\nheard you loud and clear! not going to do anything drastic or stupid with my btc", 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/', '18z3nnw', [['u/McJvck', 353, '2024-01-05 11:23', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgexno7/', 'Zero!? Keep the coin.', '18z3nnw'], ['u/SorryLifeguard7', 48, '2024-01-05 11:25', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgexufl/', "Lol - you've done a mistake and now want to do it again? AI coins are the new Defi coins. Stop chasing.\n\nLeave the fucking thing alone and let it grow. If you had left it back at the previous cycle you'd be better off.\n\nVery noob question, from someone that has actually already gone through a cycle.", '18z3nnw'], ['u/sgtlark', 14, '2024-01-05 11:29', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgey5n8/', 'Sir you need to secure your wallet pls send me 1 BTC to receive 100000 SATs thx [sarcasm]', '18z3nnw'], ['u/EvilLost', 180, '2024-01-05 11:29', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgey6hk/', 'Stop telling people how much you have. You are making yourself a target.', '18z3nnw'], ['u/IfYouSaySo4206969', 31, '2024-01-05 11:33', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgeygfz/', 'Perhaps my own thinking doesn’t necessarily apply to yours, but I’ll give my first thoughts.\n\nThere are major arguments that a “whole-coiner” in BTC terms will be quite an enviable station in life as time progresses. \n\nIn the TradFi investment space, an old, relevant truism holds that “sometimes the best decision is no decision at all.” As in, “don’t do something, just stand there!”\n\nI read your post, and this is the first thought that came to mind. Make damn sure you’re holding that BTC in an offline hardware wallet with a safe and secured seed phrase. \n\nSometimes the best decision in life is to do absolutely nothing at all, and don’t make a decision. Realize that quite possibly, you’re already in an enviable position - and the primary goal is to not fuck that up. This applies to myself as well. \n\nDiversifying into alts can come after that core holding stash is safe and secure for the long haul (if it’s not already). Any temptations for “getting rich faster” are statistically not likely to work out well. \n\nPersonally, once I got to my goal holding of BTC and ETH given those stages in the market cycles I was in the game, then it was time to take on smaller, riskier bets. \n\nI would be curious what decision you end up making. Peace, friend.', '18z3nnw'], ['u/bibimbap0607', 103, '2024-01-05 11:33', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgeyhyj/', 'Congrats on becoming a wholecoiner! That is really cool.\n\nWhy do you want to do the same mistake? Just hold your BTC. Maybe convert some of it to ETH if you are adventurous.\n\nHowever I would just hold BTC in your case. Having a whole coin is quite an accomplishment.', '18z3nnw'], ['u/jimmybirch', 1759, '2024-01-05 11:34', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgeyjd9/', 'So, last time around you lost a lot of your BTC/Sats by moving to higher risk alts.. and you want to repeat that on crappy gaming/AI coins?', '18z3nnw'], ['u/HotJuicyBeef', 24, '2024-01-05 11:45', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgezhq2/', '> Leave the fucking thing alone', '18z3nnw'], ['u/ProfessionalTrader85', 141, '2024-01-05 11:45', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgezigl/', 'Let him do it. Some people never learn especially greedy people.', '18z3nnw'], ['u/BigAd4488', 14, '2024-01-05 11:46', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgezm7w/', "Just holding BTC has been my best investment.\n\nFucking around with alt coins, not so much unfortunately. It's always tempting when you see random alts skyrocketing, but in the end not worth the risk probably.", '18z3nnw'], ['u/Due-Professional6824', 10, '2024-01-05 11:49', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgezuw7/', 'Yes convert precious bitcoin for shitcoins brilliant idea', '18z3nnw'], ['u/duchessbune', 17, '2024-01-05 11:51', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf0227/', 'leave the fucking thing alone', '18z3nnw'], ['u/apkatt', 16, '2024-01-05 11:52', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf02ud/', 'Yeah, this.\n\nI’m 40/60 BTC/ADA but would not touch 1 BTC if I had one. That’s a keeper! :)', '18z3nnw'], ['u/pumpkinlord1', 15, '2024-01-05 11:57', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf0jws/', 'Leave the fucking thing alone', '18z3nnw'], ['u/sayeret13', 456, '2024-01-05 12:13', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf1z6v/', 'This sub is so stupid', '18z3nnw'], ['u/SoupaSoka', 11, '2024-01-05 12:14', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf21l5/', 'Fucking leave the thing alone.', '18z3nnw'], ['u/DR2336', 19, '2024-01-05 12:25', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf324d/', "as someone who has been in crypto for about 10 years i have two pieces of advice: \n\n1) the best prediction of long term viability of a coin is the strength of the community around it. i don't mean shills i mean the actual community. technical problems can be overcome with a strong enough community that will do what it takes to see a coin succeed \n\n2) ONLY PUT MONEY INTO CRYPTO THAT YOU WILL BE OKAY WITH IF YOU NEVER SEE IT AGAIN\n\ni cannot stress it enough. this is basically gambling. spend money on it as if it's entertainment and never expect to see that money again. invest in any shitcoin you want just assume that money is forever gone the moment you spend it. if that money happens to 10x or 100x cool! exit and buy different shitcoins or sell it and keep the money or let it ride. it's just bonus money at that point. if the coin gets rugpulled then fuck the devs but for you at least its no big deal. you never expected to see that money again anyway so whatever", '18z3nnw'], ['u/StretcherEctum', 26, '2024-01-05 12:26', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf370w/', 'Stop gambling on garbage', '18z3nnw'], ['u/AttorneyOfThanos25', 16, '2024-01-05 12:30', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf3k3y/', 'Leave that BTC alone\n\nIf you wanna get some alts, use cash going forward, without touching the BTC.', '18z3nnw'], ['u/le-tendon', 29, '2024-01-05 12:53', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf5rum/', 'That... Makes zero strategic sense though, psychological things like that hinder you if anything', '18z3nnw'], ['u/bananabastard', 235, '2024-01-05 13:05', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf70vm/', 'Divide 0% up between different alts, and keep 100% of the rest in BTC.', '18z3nnw'], ['u/2LostFlamingos', 11, '2024-01-05 13:12', 'https://www.reddit.com/r/CryptoCurrency/comments/18z3nnw/i_have_secured_1_whole_bitcoin_how_much_of_it/kgf7q3s/', 'This is the wildest post I’ve ever read.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['If These Résumés Could Talk is a new Wall Street Journal feature in which recruiters, headhunters and hiring managers share their wildest and most interesting stories. Previous installments of the series are here . Most Read from The Wall Street Journal What Fliers Need to Know About the Grounding of Some 737 MAX Flights Why MrBeast Is Rebuffing Elon Musk Can Hollywood’s Most Troubled Awards Show Be Saved? Can Charlie Munger’s Investing Playbook Still Work? Even He Wasn’t So Sure Out of Cloud Storage? These Are Your Options So You Don’t Overpay Q: What’s an instance where a job candidate made an unusual dress-code blunder? Prescription for disaster I sent a candidate into a major food manufacturer for a maintenance manager position, and I happened to take their director of HR to lunch that day at the exact time as his interview. While we were at lunch, she got a call on her cellphone. I heard her say to the person on the other end, “What? He’s wearing what ?” I’m thinking, Oh, this does not sound good. This has to be about my candidate . She hung up, and said, “You’re not going to believe what this guy wore to the interview.” He was wearing a Nascar racing jacket with the name of the sponsor—Viagra—in big letters. Apparently he was a Nascar fan, and so he was proud of it! I was dumbfounded. I had spent 30 minutes telling this guy what to wear. I didn’t know what else to say, so I said, “Well he just wanted to prove he was up for the job!” And I promised her that if she gave him another chance, he would be in a suit the next time. All the way home from lunch, I was on the phone with this guy: “Do you realize what you just did?” He told me he didn’t have a suit. I told him to go get one. The client invited him back a few days later, he wore a suit, and he got the job—pending a background check and drug screen. The guy didn’t pass the drug test. When she told me, I asked the HR director, “You mean he took that much Viagra?” She said, “No it was something else.” —Al Polson, The Colonial Group The world’s a stage Years ago, I worked as a consultant for a professional membership organization in New Jersey, and I was screening job candidates for an executive administrative-assistant position. One of the candidates was a fairly recent Harvard grad with a terrific resume. The day of her interview she showed up wearing a full Elizabethan theatrical outfit, including makeup. I was a little daunted. But I focused on the task at hand and conducted the interview. She was very interested in the job, and she mentioned that the reason why she came in like this is because she wanted anyone who hired her to know that her first love is really for the theater. I had the sense that she had a lot of these outfits. She could probably quote Shakespeare chapter and verse. Story continues I thought this was interesting: she wanted to convey what was really important to her. But I think that was something that needed a feather, not a mallet. If she was hired and she came in to work like that, it would be highly problematic. So I did not recommend her for the job. —Jonathan Schiff, Fairleigh Dickinson University Knot ready We had a candidate who was interviewing for a mobile developer position at a large retailer in Atlanta. This was prepandemic, and our practice was to go to the employer to meet with the job candidates before their interviews, make sure they have their résumés printed out, go over any questions, stuff like that. My business partner actually handled this walk-in for me, since he was going to be over there that day to meet with clients anyways. But he called me, and he said, “Hey man, you just handed me a grenade without a pin in it.” I said, “What do you mean?” “So-and-So just showed up and his tie was tied in a literal knot.” My business partner retied it for him, so he walked into his interview with a normal tie. And believe it or not, he ended up getting the job! Sometimes you gotta save the candidates from themselves. —Phil Muldoon, Hirewell DIY tailoring We had a candidate that we didn’t even send to the interview. He didn’t get his suit tailored; instead he stapled the cuffs at the bottom of his suit pants. He hemmed it himself, in other words. Dress code was very important to that client, so we knew that they would not have been happy with us if we sent him. We did continue to work with the candidate and had a conversation with him. But you have to ask yourself: if they’re making that kind of faux pas, what other mistakes could they make? —Anthony Fanzo, The Bachrach Group These interviews have been edited for length and clarity. Write to Francesca Fontana at [email protected] . Most Read from The Wall Street Journal The Tech to Help You Beat Your Tech Addictions Is This Football Coach the Best Turnaround CEO in America? The Crypto Industry Holds Its Breath in Anticipation of the First Spot Bitcoin ETFs ‘Derisking’ China-Reliant Supply Chains Is Creating New Risks New Year’s Resolutions Take on a Whole New Meaning in Retirement View comments', 'If These Résumés Could Talk is a new Wall Street Journal feature in which recruiters, headhunters and hiring managers share their wildest and most interesting stories. Previous installments of the series are here . Most Read from The Wall Street Journal What Fliers Need to Know About the Grounding of Some 737 MAX Flights Why MrBeast Is Rebuffing Elon Musk Can Hollywood’s Most Troubled Awards Show Be Saved? Can Charlie Munger’s Investing Playbook Still Work? Even He Wasn’t So Sure Out of Cloud Storage? These Are Your Options So You Don’t Overpay Q: What’s an instance where a job candidate made an unusual dress-code blunder? Prescription for disaster I sent a candidate into a major food manufacturer for a maintenance manager position, and I happened to take their director of HR to lunch that day at the exact time as his interview. While we were at lunch, she got a call on her cellphone. I heard her say to the person on the other end, “What? He’s wearing what ?” I’m thinking, Oh, this does not sound good. This has to be about my candidate . She hung up, and said, “You’re not going to believe what this guy wore to the interview.” He was wearing a Nascar racing jacket with the name of the sponsor—Viagra—in big letters. Apparently he was a Nascar fan, and so he was proud of it! I was dumbfounded. I had spent 30 minutes telling this guy what to wear. I didn’t know what else to say, so I said, “Well he just wanted to prove he was up for the job!” And I promised her that if she gave him another chance, he would be in a suit the next time. All the way home from lunch, I was on the phone with this guy: “Do you realize what you just did?” He told me he didn’t have a suit. I told him to go get one. The client invited him back a few days later, he wore a suit, and he got the job—pending a background check and drug screen. The guy didn’t pass the drug test. When she told me, I asked the HR director, “You mean he took that much Viagra?” She said, “No it was something else.” —Al Polson, The Colonial Group The world’s a stage Years ago, I worked as a consultant for a professional membership organization in New Jersey, and I was screening job candidates for an executive administrative-assistant position. One of the candidates was a fairly recent Harvard grad with a terrific resume. The day of her interview she showed up wearing a full Elizabethan theatrical outfit, including makeup. I was a little daunted. But I focused on the task at hand and conducted the interview. She was very interested in the job, and she mentioned that the reason why she came in like this is because she wanted anyone who hired her to know that her first love is really for the theater. I had the sense that she had a lot of these outfits. She could probably quote Shakespeare chapter and verse. Story continues I thought this was interesting: she wanted to convey what was really important to her. But I think that was something that needed a feather, not a mallet. If she was hired and she came in to work like that, it would be highly problematic. So I did not recommend her for the job. —Jonathan Schiff, Fairleigh Dickinson University Knot ready We had a candidate who was interviewing for a mobile developer position at a large retailer in Atlanta. This was prepandemic, and our practice was to go to the employer to meet with the job candidates before their interviews, make sure they have their résumés printed out, go over any questions, stuff like that. My business partner actually handled this walk-in for me, since he was going to be over there that day to meet with clients anyways. But he called me, and he said, “Hey man, you just handed me a grenade without a pin in it.” I said, “What do you mean?” “So-and-So just showed up and his tie was tied in a literal knot.” My business partner retied it for him, so he walked into his interview with a normal tie. And believe it or not, he ended up getting the job! Sometimes you gotta save the candidates from themselves. —Phil Muldoon, Hirewell DIY tailoring We had a candidate that we didn’t even send to the interview. He didn’t get his suit tailored; instead he stapled the cuffs at the bottom of his suit pants. He hemmed it himself, in other words. Dress code was very important to that client, so we knew that they would not have been happy with us if we sent him. We did continue to work with the candidate and had a conversation with him. But you have to ask yourself: if they’re making that kind of faux pas, what other mistakes could they make? —Anthony Fanzo, The Bachrach Group These interviews have been edited for length and clarity. Write to Francesca Fontana at [email protected] . Most Read from The Wall Street Journal The Tech to Help You Beat Your Tech Addictions Is This Football Coach the Best Turnaround CEO in America? The Crypto Industry Holds Its Breath in Anticipation of the First Spot Bitcoin ETFs ‘Derisking’ China-Reliant Supply Chains Is Creating New Ri **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $859,929,709,500 - Hash Rate: 509059003.5142141 - Transaction Count: 382140.0 - Unique Addresses: 572161.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The strong performance of the U.S. stock market in 2023 has fostered a sense of optimism about the prospects for 2024. But according toRich Dad Poor Dadauthor Robert Kiyosaki, the future won’t be all sunshine and rainbows. In particular, he has strong concerns about the impact of the current U.S. leadership on the nation’s trajectory. • 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 • Take control of your finances in 2024:5 money moves to start the new year off strong • The US dollar has lost 87% of its purchasing power since 1971 —invest in this stable asset before you lose your retirement fund “DEFINITION of INSANITY is doing the same thing over and over again and expecting things to change,” Kiyosakisaidin a recent post on X, formerly known as Twitter. “Our leaders, the 3 Stooges Biden as President, Yellin as Treasury Secretary and Powell as Fed Chairman are doing us a favor. They will drive us into Depression and War.” The term “depression” used by Kiyosaki may resonate with a wider audience. A notable example is the "silent depression" trend on TikTok, where usersdraw comparisonsbetween the current state of America and the era of the Great Depression. Kiyosaki suggests proactive measures given the grim forecast. “Buy gold, silver, and Bitcoin. Time to get smarter and get richer,” he said. Here’s a closer look at this trio of assets. Precious metals — particularly gold and silver — have been a popular hedge against inflation. The reason is simple: They can’t be printed out of thin air like fiat money. Moreover, due to their reputation as safe-haven assets, precious metals may experience heightened demand in times of geopolitical uncertainty or war. Kiyosaki has long been a fan of gold and first purchased the yellow metal in 1972. He has explained in the past it’s because he doesn’t “trust” the Federal Reserve, which controls the supply of money. In October, hepredicted, “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700.” Kiyosaki likes silver, too. “Silver from $23 to $68 an ounce,” he said, projecting major upside for the gray metal. The price of gold surged by more than 10% in 2023, while silver remained relatively unchanged. Today, there are many ways to gain exposure to gold and silver, but Kiyosaki prefers to just buy the metals directly. “I do not touch paper gold or silver ETFs. I only want real gold or silver coins,” he previouslywrote. Read more:Thanks to Jeff Bezos, you can nowcash in on prime real estate— without the headache of being a landlord. Here's how The world’s largest cryptocurrency is making a comeback: it skyrocketed 154% in 2023. But investors should not forget just how volatile it can be. In November 2021, the virtual currency reached a high of $68,990. Today, it’s hovering around $45,000. Kiyosaki, however, doesn’t seem bothered by the massive swings. When Bitcoin was testing $30,000 in October 2023, hepredicted, “Next stop Bitcoin $135,000.” If Kiyosaki is right in his prediction, it would imply an upside of 200% from where the cryptocurrency sits today. It’s very easy to buy bitcoin these days. There are many online exchanges, brokers and even ATMs to purchase from. Be warned, they can charge up to 4% in commission fees, so look for ones that charge low or even zero commissions. • This Pennsylvania trio bought a $100K abandoned school and turned it into a 31-unit apartment building —how to invest in real estate without all the heavy lifting • Worried about the economy? Here arethe best shock-proof assetsfor your portfolio. (They’re all outside of the stock market.) • Rising prices are throwing off Americans' retirement plans — here’show to get your savings back on track This article provides information only and should not be construed as advice. It is provided without warranty of any kind.... - Reddit Posts (Sample): [['u/Bacchus_71', '3 days ago I sold a small amount of BTC and transferred the USD to my bank account. AMA.', 132, '2024-01-06 01:22', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/', 'As the title says..."3 days ago I sold a small amount of BTC and transferred the USD to my bank account."\n\nMoney currently in my bank account.\n\nI\'m a wizard. AMA.', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/', '18zma8o', [['u/StallionLX', 19, '2024-01-06 02:08', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/kgiq4p1/', 'Type a sentence about pizza if there is a coin base employee with a gun to your head right now.', '18zma8o'], ['u/MyCatBalls', 32, '2024-01-06 02:10', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/kgiqhmz/', "Have you used a VPN to send crypto out of your account, then tried to tell coinbase it wasn't you?", '18zma8o'], ['u/MsExmen', 24, '2024-01-06 02:15', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/kgir6qx/', 'Holy molly, you are literally the chosen one', '18zma8o'], ['u/Bacchus_71', 23, '2024-01-06 02:17', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/kgirl5j/', 'I’m totally cool with Canadian bacon and pineapple on pizza. Oh shit I did it wrong.', '18zma8o'], ['u/Miadas20', 61, '2024-01-06 04:42', 'https://www.reddit.com/r/CoinBase/comments/18zma8o/3_days_ago_i_sold_a_small_amount_of_btc_and/kgjcvvo/', "For the regards missing the point, this is a well timed post to mock the bot flavored fud of people doing sketchy things from sketchy places and whinging on Reddit about a Coinbase conspiracy just because Coinbase happens to look into things so that they don't hand the sec the evidence for the next lawsuit against them.", '18zma8o']]], ['u/GunfighterB', 'A reminder about private keys and what 2^256 really means.', 318, '2024-01-06 01:38', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/', "In light of the 26.9 BTC sent to Satoshi's wallet, I want to remind you that the odds of someone guessing Satoshi's or anyone else's private keys are on the same order of magnitude as my cat taking a train to your house and automating your WFH software development job that you somehow got hired for with no experience.", 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/', '18zmnd4', [['u/information-zone', 143, '2024-01-06 01:54', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kginw9i/', 'Check out the math:\n- https://bncsound.substack.com/p/guessing-your-private-key\n\nIf you tried picking one number, then adding one to it & trying again, and if you were lucky in being only 10% of the distance between evenly spaced keys, and you could guess one trillion times per second, you’d never get there before the universe’s heat-death.', '18zmnd4'], ['u/ahcjewpac', 40, '2024-01-06 02:06', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgips69/', "Bro. Everyone knows cats don't take trains. That's absurd. I've been training mine for years and she can hardly navigate the subway.", '18zmnd4'], ['u/lfhdbeuapdndjeo', 17, '2024-01-06 03:02', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgiyddc/', 'I just let mine borrow the car', '18zmnd4'], ['u/cocoon_eclosion_moth', 183, '2024-01-06 03:27', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgj27n0/', 'Unless you just got it on your first guess beginner’s luck style', '18zmnd4'], ['u/PoorRoadRunner', 108, '2024-01-06 05:42', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjkjns/', "So you're telling me there's a chance...", '18zmnd4'], ['u/TissueUnflawed', 88, '2024-01-06 05:47', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjl7h4/', '> my cat taking a train to your house and automating your WFH software development job\n\nCatGPT', '18zmnd4'], ['u/BTCMachineElf', 22, '2024-01-06 06:23', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjpfdg/', 'A reminder: Satoshi does *not* have a wallet. This is a disproven myth\n\nr/BitcoinBeginners mod u/bitusher has a writeup on it: \n[https://www.reddit.com/r/BitcoinBeginners/comments/18z6t06/comment/kgfl5wh/?utm\\_source=share&utm\\_medium=web2x&context=3](https://www.reddit.com/r/BitcoinBeginners/comments/18z6t06/comment/kgfl5wh/?utm_source=share&utm_medium=web2x&context=3)\n\n>This means the evidence suggests we definitely know satoshi mined 2 blocks , and likely mined 11 blocks, and that perhaps there was a dominant miner who mined between 600-700k bitcoin(not blocks). There are other explanations for the extranonce pattern that do not point to a dominant miner. Simply a similar software setup can cause this.', '18zmnd4'], ['u/Gollomor', 14, '2024-01-06 06:54', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjsx07/', 'username checks out', '18zmnd4'], ['u/Frogolocalypse', 12, '2024-01-06 07:28', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjwcrq/', "I think technically it's 2^160 keys, because a bitcoin transaction is a RIPEMD-160 hash in a SHA-256 hash. \n\nWhich is great. Because a few years after satoshi created this system, a vulnerability was found in the SHA-256 algorithm if they inputs had variable lengths. But because they're RIPEMD-160 hashes, they're fixed, which means bitcoin was safe from this vulnerability even before the vulnerability was known about.", '18zmnd4'], ['u/togetherwem0m0', 11, '2024-01-06 08:04', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgjzpua/', 'Due to a quirk in the bitcoin core code. There is no accommodation for the reward address of the genesis block to have the ability to sign any utxos.', '18zmnd4'], ['u/analogOnly', 26, '2024-01-06 08:27', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgk1q4l/', 'yeah the chance is so incredibly small our brains cannot fathom to begin to understand it.', '18zmnd4'], ['u/OhMycelium', 39, '2024-01-06 11:01', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgke5zq/', 'RuneScape players say it’s always 50-50. \n\nYou either get it, or you don’t.', '18zmnd4'], ['u/Classic-Charity-2179', 17, '2024-01-06 12:12', 'https://www.reddit.com/r/Bitcoin/comments/18zmnd4/a_reminder_about_private_keys_and_what_2256/kgkjwhy/', 'Just roll a nat 20.', '18zmnd4']]], ['u/yourkindcousin', 'HOW TO FIND A MILLION DOLLAR WINNING PRODUCT IN 2024', 441, '2024-01-06 01:52', 'https://www.reddit.com/r/dropship/comments/18zmynj/how_to_find_a_million_dollar_winning_product_in/', 'I don\'t know why the fuck you would get into the dropshipping business just to fucking sell clothes\n\nLIKE WHO THE FUCK TOLD YOU THAT\'S A GOOD IDEA?\n\nNOT TO MENTION THAT I HAVE HAD 45 DMS SO FAR AND 25 OF THEM ARE BUILDING OR HAVE BUILT THEIR SHOP AROUND DROPSHIPPING CLOTHES...\n\nWHY??????????????\n\nlook I absolutely respect those who build their own Brands in clothing it\'s solid and everybody buys more clothes than that they actually need but why would you dropship clothes.\n\nNOT ONLY ARE THEY DROPSHIPPING CLOTHES BUT THEY ARE DOING IT WITHOUT EVEN BRANDING IT AS THEIR OWN.\n\nI WANT YOU TO WIN, AND YOU READ MY POST AND HAVE THE AUDACITY TO MESSAGE ME AND SAY YOU ARE DROPSHIPPING A BUNCH OF CLOTHES.\n\nso I have decided to teach you some of my genius, I will guide you into finding the absolute winner products.\n\nFirst off you have to identify what a product is.\n\nA PRODUCT SOLVES A PROBLEM NOTHING ELSE NOTHING MORE.\n\nTHE BIGGER THE PROBLEM, THE MORE EXPENSIVE IT IS\n\nARE YOU POOR? BUY MY COURSE TO BECOME RICH\n\nARE YOU HUNGRY? BUY MY MEAL TO BE FULL\n\nARE YOU UGLY? BUY MY MAKEUP\n\nIT GOES ON AND ON.\n\nNow what makes Dropshipping so succesful is the ability to access Millions of innovative solutions to problems at a very cheap cost.\n\n**AND SOMEHOW YOU CHOSE CLOTHING.**\n\nIn 2016, when the video game "Counter-Strike: Global Offensive" was at its peak, a gaming café opened in my neighborhood. This solved a crucial problem for us: the need for fast internet and high-quality PCs to play the game. Naturally, my friends and I frequented this café, paying an hourly fee to play.\r \n\r \nA few months later, a new game called "PUBG" was released and it quickly became immensely popular. In less than a year, my neighborhood was filled with gaming cafés. While I didn\'t mind this development, I noticed a business opportunity. I found a way to purchase PUBG for $5 and sold it to these gaming cafés for $18 for 15 PCs. This way, people could play the game without buying it individually. This strategy proved to be very profitable for me as it addressed a specific need.\r \n\r \nHowever, the rapid proliferation of gaming cafés eventually led to market saturation. Many café owners began lowering their prices, which in turn made the business less profitable. I had anticipated this outcome and advised a friend about it. When the cafés started to struggle, I leveraged my existing relationships with the owners. I introduced them to Bitcoin mining, which turned the prevailing chaos into another profitable venture for me.\n\nBECAUSE I INNOVATE AND YOU SHOULD TOO\n\nIF IT WAS STILL 2017-2020 AND YOU WERE DROPSHIPPING YOU WOULD HAVE BEEN ABLE TO GET AWAY WITH THAT SLOPPY SHIT PRODUCT YOU ARE SELLING BUT NOT TODAY.\n\nTHIS ISN\'T A NEW MARKET IT IS ONE OF... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Affable 48-year-old Merlin Griffiths has been a popular face on Channel 4’s hit show, First Dates, since it launched in 2013.\nHe’s been\xa0in the hospitality industry for almost 30 years, starting in London, then Northamptonshire and is currently renovating the Dog and Gun in Walton, Leicestershire.\nHe was diagnosed withStage 3 bowel cancerin 2021 and was given the all clear in June 2023. He lives in Leicestershire with his French partner Lucile and their young daughter Alix and rescue cat Minnie.\nMy mother was very young when she had me and was a very successful copywriter for a large advertising agency in Cheltenham.\nHowever, at the peak of the Thatcher years she lost her job and set up on her own. She wasn’t good at running a small business though, so for a long time she was a single parent on benefits.\nWe never wanted for anything, but never had much either. We never did foreign holidays.\nNowadays, I’m not really bothered about money – sometimes I have it, sometimes I don’t.\nI’ve always focused on three main things: Have I got a roof over my head? Have I got food in my stomach? And can I look after my loved ones?\nI was clueless. I was a tearaway and I moved out of home when I was 16. I went straight to London, to get far away from my hometown of Cheltenham.\nI knocked on doors to get any odd job I could, while sleeping on friends’ couches. Weirdly, one of my first decent jobs was modelling for Models1.\nI earned enough money to get my own flat. By then I was also working at the oldest skateboard shop in London called Slick Willies in south Kensington and at their circus skills shop on Carnaby Street teaching juggling to tourists.\nBy late 1995, I was working as a bar back at Noel Cardew’s Doghouse on Wardour Street.\nYes, but it was a very odd situation. In 2009, I was in my early 30s and I was a global brand ambassador for Bombay Sapphire, with a healthy salary and my long-term girlfriend Lucile was earning good money as a hospitality manager.\nSo, we should have been set – but we couldn’t get a mortgage. We had savings and the deposit, but we didn’t have much of a credit record because we’d never gone into debt or borrowed.\nSo, the bank encouraged me to buy a car on financing, with an extortionate APR. I balked because we were in central London. Why would I want that extra headache? That was our one shot to get on the housing ladder in London.\nWhen we realised all the typical doors were closed to us, we decided to quit our jobs and run apub that came with accommodation. It still bothers me that house ownership is so unattainable compared to previous generations.\nIn 15 years’ time you’re going to start getting people in their 60s on low pensions with no assets, no property, no security.\nIn Kilburn, north-west London, where a two-bed flat can set you back £350k now. It had a very low bar to entry because it’s what is called a Pub Co pub, where you rent it cheaply (compared to market rent) from a brewery or a pub chain.\nBut the downside is you must buy your stock from them, which tends to be 30 to 40pc above market rates. When our volumes went up, we started working out what they call their “wet rent” – the money they make on purchases – and we were shocked.\nThis is one of the reasons why you see seven, eight, or even nine-pound pints – because they’re Pub Co pubs.\nIt can get your foot in the door with its low bar to entry – there aren’t many businesses in the UK that you can dive into for under £10,000 and end up with, say, a four-floor Victorian property with seven bedrooms.\nWe did really well there and won awards with it. I’ve never linked my name to the pubs that I run because I’m of the view that the business must stand on its own two feet, on its own merits.\nWe went to a freehouse in Daventry, Northamptonshire, which is just a straight rental agreement with landlords, but then Covid hit, and businesses forced to close were still expected to pay rent.\nIt was an unwinnable situation – some leeway needed to be given, but most landlords were intractable.\nIt prompted new government legislation, which I helped draft as part of a group calledThe Campaign for Pubs.\nWe’d managed to get a leaked draft of the bill the weekend before it was debated. We realised how much it benefitted the big pub chains but not the smaller landlords or tenants.\nWe re-wrote the whole document, working around the clock together, drawing global examples from Australia and Germany, where they’d successfully addressed the pandemic commercial leasing problem.\nWe wanted a fairer approach to be reflected. The situation was still far from perfect – sadly I know plenty of publicans going through arbitration on this.\nIn 2021, we took on the freehold of the Dog and Gun pub in Walton, near Lutterworth, in Leicestershire. I thought it was just going to be a quick redecoration before we could move in and live there, but we kept discovering issues, so it needed extensive renovations.\nInitially I was there on my own and lived on a mattress on the floor, while tearing the place to bits. Two weeks later, I’m in hospital for what I thought was a basic scan, only to find I had stage three bowel cancer.\nI still managed to rebuild the residential portion of the building while undergoing chemo. And I’d just have to worry about the pub downstairs afterwards. I raced through it with thehelp of some brilliant local tradesmenincluding plasterer Mick Brown.\nI was subsisting on Pot Noodles as the kitchen had been ripped out, so Mick’s wife brought me proper cooked dinners to make sure I didn’t get sicker.\nPeople manage full family lives, children, childcare, and work and still go for chemo and everything else. You find ways of making it work because what else are you going to do? I mentally disassociated from the trauma.\nInitially I wanted to keep my diagnosis to myself and my immediate family, but then after talking to them I realised I might as well do something constructive with it and raise awareness of bowel cancer.\nOne of the key symptoms that people might not be aware of is changes in their bowel habits. If it happens long term, and not just because of a spicy meal, then get it checked out.\nI learnt from support groups that if you don’t knuckle down and get on with the treatment, you can end up in a very dark place, shouting at the wrong people and getting frustrated.\nI had to realise that my treatment was beyond my control, but my mental resilience was something I could control. I wasn’t going to let it get the better of me.\nBootstrapping up to a freehold. I still don’t have a personal mortgage and despite being a company director now for 13 years, generating over £2.5m in taxes for the economy, I still don’t have much of a credit status.\nThe irony is that my chef can get a mortgage on the salary I pay him and same for my head bartender, yet I can’t. Even though the asset – our pub – is owned by my company, at least it’s under our control.\nIn other European nations, like France, where Lucile is from, it’s more common to rent, but their rents are massively lower and tenant protections are strong.\nProbably hanging on to our first pub for too long. It was for sentimental reasons and while we were strapped for cash, we started squirreling away a war chest, ready to invest in the infrastructure.\nBut being an old Victorian pub, you can imagine how much work was needed and then the rent starts going up, and you get even more squeezed.\nWe took our first holiday in four years recently – there’d been two years of the pandemic, followed by two years of my cancer treatment, from which I was only given the all-clear in June.\nWe pushed the boat out and went to Jamaica for a couple of weeks, all inclusive, on a do-nothing break.\nWe usually pop over to France a few times a year to see Lucile’s family. I fritter a lot of money buying books for my Kobo: sci-fi from Robert Heinlein and Steven Baxter are favourites.\nI never judge. I take everyone for what they are.\nIt’s natural to size people up, but my job is to make the people as comfortable and relaxed as possible, so they have a successful night.\nI’m like their warm-up conversation.\nI’m looking forward to being able to finish renovating our pub properly, the way I’ve always wanted to, and invest in fixtures and fittings that wouldn’t have been worth my while without a freehold.\nWe’ve redone the toilets completely and created an extra function room. I’m not buying basic Leyland paints; I’m going for heritage colours from Dulux Diamond now.\nI’ll work with any charity promoting awareness of bowel cancer, includingMacmillanandBowel Cancer UK.\nThis year, I’ll be cycling from Land’s End to John O’Groats on the Babble Ride Across Britain forCancer Research UK.\nI’m a keen cyclist, but I’m not as fit as I used to be, so I’ve got a fair bit of work to do to get ready.\nProbably that I should pay more attention to it than I actually do. I’ve swum through life not giving a hoot about cash.\nIf I could go back in time, I should have bought Bitcoin. The grey economy and decentralised finances fascinate me.\nI have a long wish list. I think you need discounted VAT for hospitality, in line with most other European countries.\nYou need to completely overhaul the feudal idea of business rates because it’s basically a turnover tax.\nI’m a huge fan of economist Richard Murphy, who is a proponent of the Robin Hood financial transaction tax, scrapping the others and putting a statutory 0.2pc on every time money changes hands.\nCREDIT: First Dates returned to Channel 4 on January 2,www.merlingriffiths.com', 'Merlin Griffiths has been a popular face on First Dates since it launched in 2013 - Channel 4 Affable 48-year-old Merlin Griffiths has been a popular face on Channel 4’s hit show, First Dates, since it launched in 2013. He’s been\xa0in the hospitality industry for almost 30 years, starting in London, then Northamptonshire and is currently renovating the Dog and Gun in Walton, Leicestersh **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $863,724,892,312 - Hash Rate: 429363547.6531167 - Transaction Count: 348688.0 - Unique Addresses: 510040.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The gap between the price of the $23 billionGrayscaleBitcoin Trust (GBTC) and its net asset value narrowed to 11% this week as spot bitcoin ETF hopes reached fever pitch. But GBTC isn’t the only quasi-closed-end cryptocurrency fund seeing its discount drop. Today, the competing Osprey Bitcoin Trust (OBTC), which has $100 million in assets under management, is only trading 7% below its net asset value, the smallest discount in over a year. The difference between the price of the $6.1 billion Grayscale Ethereum Trust (ETHE) and its NAV is now 16%, down from 60% in December, while the gap between the price of the $227 million Grayscale Ethereum Classic Trust (ETCG) and its NAV is now 44%, down from 77% in December. Meanwhile, the $106 million Grayscale Litecoin Trust (LTCN) and the $70 million Grayscale Bitcoin Cash Trust (BCHG) are trading withpremiumsof 5% and 2%, respectively, after sporting discounts of around 60% at the start of the year. Thefast-disappearing discountson these trusts are a reflection of investors’ expectations that the launch of a spot bitcoin ETF is imminent. A successful ETF conversion would open GBTC up to fund redemptions, instantly bringing its market price in line with its net asset value. But a potential greenlight forspot bitcoin ETFswould only have a direct impact on GBTC. The ability to arbitrage away the discounts on the other trusts would still be lacking. Of course, investors probably believe that a spot bitcoin ETF would be followed by spot ETFs tied to other cryptocurrencies. One can certainly make the case that a spot ether ETF won’t be far behind a spot bitcoin ETF. Ether futures trade on the CME and the SEC recently cleared the way for ETFs tied to those futures contracts. A spot ether ETF isn’t much of a stretch. What is more of a stretch are ETFs tied to othercryptocurrencies, such as litecoin and bitcoin cash. There are no futures contracts on the CME tied to those cryptocurrencies, so the SEC will likely make the case that these should be treated differently than bitcoin and ether. It’s hard to imagine a litecoin, bitcoin cash or dogecoin ETF launching anytime soon. And that’s what makes the price action in LTCN and BCHG ironic. They’ve been acting even better than GBTC and ETHE, even though a conversion of those trusts into ETFs is still farfetched. Permalink| © Copyright 2023etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Laroxide', 'BTC ETF Approval - Will BTC skyrocket or go up slowly?', 438, '2024-01-07 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/', "As the approval day for Bitcoin looms closer, I want to know within the cryptocurrency community whether it bitcoin will soar immediately or climb steadily post-approval. \n\nI'm about ready to get back into steady consistent gains, like I was having before the BTC ETF craze. \n\nMy thoughts: 3 more days until deadline. I think it may happen Wednesday I heard about some WEF meeting, conference or something like that about risk assessment. Maybe it ties into that meeting, but from there I think BTC will steadily go up post approval.\n\nWhat are you thoughts on how this will play out post approval?", 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/', '190dglf', [['u/TwoCapybarasInACoat', 647, '2024-01-07 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnk4y6/', 'Many here say it will be a sell the news event, so my guess is it will explode', '190dglf'], ['u/HolidayAnything8687', 12, '2024-01-07 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnkc2o/', 'I predict major pullback for a short time and then only up for a bit as we approach halving. All depends in how bad they want to use or not use the recession warnings in an election year.', '190dglf'], ['u/PhilosophyIll', 262, '2024-01-07 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnl3kg/', 'Buy the rumor sell the news. The rumor is to buy the news. The news is to sell the news. Inverse that. Then inverse yourself. Easy gains.', '190dglf'], ['u/plasmalightwave', 400, '2024-01-07 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnlarb/', 'Go up first, possibly to near 50k levels, then dump as part of sell the news. Then resume the bull run after the halvening', '190dglf'], ['u/astockstonk', 92, '2024-01-07 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnlf9w/', 'Wouldn’t be surprised to see a pop over $50k when the news comes out.', '190dglf'], ['u/Broski777', 108, '2024-01-07 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnm170/', "I mean I'd buy the dip. I buy regardless. Haha", '190dglf'], ['u/aimebob', 34, '2024-01-07 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnm92f/', "Most anticipated ETF, more than the gold etf/trust. So I'm guessing it will skyrocket.", '190dglf'], ['u/anonymouscitizen2', 13, '2024-01-07 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnmcae/', 'No they will not be inside QQQ. The QQQ is an ETF constructed of Nasdaq 100 companies. Bitcoin is not inside the Nasdaq 100, nor does it fit the requirements to be included. There can be ETFs inside of ETFs though. I’m sure some other ETFs will include these BTC etfs inside their construction though, maybe some tech/commodity related ETFs. \n\nAs far as OPs question, I think it’s possible we will see a sell the news event followed by an uptrend, maybe a big uptrend, depending on how much demand there is for the ETF', '190dglf'], ['u/amongthewolves', 13, '2024-01-07 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnmn21/', "Given the recent rise of BTC with no news, I think insiders are piling in before it gets announced.\n\nIf it goes up, then good. If it goes down, then even better because I start increasing my weekly DCA. I'm convinced that BTC/ETH are going to be best outperforming assets and I have no hesitation going all in with my retirement accounts.", '190dglf'], ['u/Creative_Struggle_69', 10, '2024-01-07 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnnh0x/', "I'm betting that folks are gonna be really disappointed. Crypto been pumping for months in anticipation of this.\n\nI hope I'm wrong, but I feel like a lot of HODLers gonna get wrecked.\n\nI'm long on a few top coins, just in case I'm wrong 😄", '190dglf'], ['u/BuzzardLightning', 27, '2024-01-07 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnnq05/', '$80k', '190dglf'], ['u/IvenaDarcy', 30, '2024-01-07 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgno350/', 'Sorry for my ignorance but is BTC not being approved for ETF an option? I only hear talk about when it is as if it’s a sure thing so just curious why it’s such a sure thing.', '190dglf'], ['u/yamaha4fun', 16, '2024-01-07 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnoo6f/', 'keep it simple just inverse Kramer. he just became bullish on BTC a week or two ago.', '190dglf'], ['u/ButtDoctorFlex', 21, '2024-01-07 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnoz3b/', 'It’s like 99.9% sure. Big players like Blackrock (only had 1 ETF ever denied) are gunning for it.', '190dglf'], ['u/bjuffgu', 31, '2024-01-07 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnp49y/', "Make sure you're looking at all charts upside down though.", '190dglf'], ['u/tbkrida', 43, '2024-01-07 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnp4b1/', 'Feed that Hopium straight into my veins!😂', '190dglf'], ['u/Davinter30', 78, '2024-01-07 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnpfm1/', 'If people really believed its a sell the news event we would have dipped way harder', '190dglf'], ['u/tbkrida', 26, '2024-01-07 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnqlx9/', 'Yes it’s an option. Jan 10th is a deadline for approval or denial. I believe they’d be sued if they deny this time? There is tremendous pressure from institutions like Blackrock to approve this. The people “in the know” are giving it a “90%+ chance of approval.', '190dglf'], ['u/DPSK7878', 31, '2024-01-07 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnqntr/', 'I think this time BTC spot approval will be a rare buy the rumour buy the news type of event. Buckle up your seat belt guys.', '190dglf'], ['u/UpLeftUp', 129, '2024-01-07 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnrj0k/', "I think people are underestimating just how much money is going to come into bitcoin. But they're also not accurately considering how long it will take that money to come. \n\nPension funds aren't going to buy the day the ETF is released. They need to have meetings and all that bureaucratic stuff which takes weeks/months.\n\nSo I'm expecting to see a nice jump on approval as the issuers make some buys, and then continual buying pressure pushing the price up over the course of the year.", '190dglf'], ['u/UpLeftUp', 17, '2024-01-07 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnsjpd/', "Also, the Grayscale Court ruling. The Court basically said its the same thing as the Futures ETF that the SEC already approved. So they are wrong to deny a Spot ETF without giving a good reason as to how its different to the Futures and that difference justifies denying it. There pretty much isn't a good reason, so the SEC either has to approve the Spot ETF, or withdraw approval for the Futures ETF.", '190dglf'], ['u/Dr-Lavish', 30, '2024-01-07 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnsm9t/', 'It all depends on what Jim Cramer says. Lol', '190dglf'], ['u/5553331117', 37, '2024-01-07 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgntbxr/', 'I bet the ETF gets denied last minute', '190dglf'], ['u/RobotRant', 18, '2024-01-07 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnucpe/', "Then they ain't HODL'ers. They're speculators.\n\nHUGE DIFFERENCE", '190dglf'], ['u/ohnowheredmypantsgo', 18, '2024-01-07 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnudw4/', '200,000 moneys', '190dglf'], ['u/JeffreyDollarz', 16, '2024-01-07 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnuvcy/', '50k to 35k ish back to 40-45+k sounds about right if I had to guess.', '190dglf'], ['u/TheTangoFox', 12, '2024-01-07 01:46', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnvmdz/', 'Up, down, then up', '190dglf'], ['u/E-money420', 16, '2024-01-07 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnwtr5/', '1 million dollars!\n\n(in Voice of Doctor Evil)', '190dglf'], ['u/E-money420', 21, '2024-01-07 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/190dglf/btc_etf_approval_will_btc_skyrocket_or_go_up/kgnx7py/', "I'm just waiting patiently for that dump so I can dca and buy more. I haven't really added recently because the markets been too hot. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- The chief executive officer of Carta Inc. said the startup was investigating customer allegations that it misused their data while also accusing the customer of “calling for the end of” the financial software company. Most Read from Bloomberg Amazon’s Twitch to Cut 500 Employees, About 35% of Staff SEC Says FBI Is Investigating Compromise of Agency’s X Account SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address The tiff began on Friday when Karri Saarinen, CEO of software startup Linear Orbit Inc. and a customer, posted a complaint that Carta had used its knowledge of the company’s investors to approach one of them via email about selling Linear shares on the secondary market. “This might be the end of @cartainc as the trusted platform for startups,” Saarinen wrote on X. In a response posted on Medium, Carta said the issue, which also impacted two other customers, was an “internal breach of protocol.” CEO Henry Ward wrote, “It is unacceptable and we’ve dealt with the violation on Saturday morning and are continuing the investigation to make sure it never happens again.” In a more colorful exchange on X, Ward accused Saarinen of calling for the demise of Carta, which he said would “eliminate 2,000 jobs and strand 40,000 customers.” Carta was most recently valued at $7.4 billion, and has raised more than $1 billion from investors including Andreessen Horowitz and Menlo Ventures, according to PitchBook data. While Carta occupies a role in the relatively dry industry of enterprise software, the company is no stranger to drama. Last year, it laid off staff and sued a former executive. In 2020, the company was sued by another former executive who alleged unequal pay for women. Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire US Is Weaponizing New Economic Tools to Slow China’s War Machine Elon Musk’s Alleged Drug Use Comes Under a Microscope Five ETFs to Watch in 2024 ©2024 Bloomberg L.P. View comments', '(Bloomberg) -- The chief executive officer of Carta Inc. said the startup was investigating customer allegations that it misused their data while also accusing the customer of “calling for the end of” the financial software company.\nMost Read from Bloomberg\n• Amazon’s Twitch to Cut 500 Employees, About 35% of Staff\n• SEC Says FBI Is Investigating Compromise of Agency’s X Account\n• SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough\n• Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address\nThe tiff began on Friday when Karri Saarinen, CEO of software startup Linear Orbit Inc. and a customer, posted a complaint that Carta had used its knowledge of the company’s investors to approach one of them via email about selling Linear shares on the secondary market.\n“This might be the end of @cartainc as the trusted platform for startups,” Saarinen wrote on X.\nIn a response posted on Medium, Carta said the issue, which also impacted two other customers, was an “internal breach of protocol.” CEO Henry Ward wrote, “It is unacceptable and we’ve dealt with the violation on Saturday morning and are continuing the investigation to make sure it never happens again.”\nIn a more colorful exchange on X, Ward accused Saarinen of calling for the demise of Carta, which he said would “eliminate 2,000 jobs and strand 40,000 customers.” Carta was most recently valued at $7.4 billion, and has raised more than $1 billion from investors including Andreessen Horowitz and Menlo Ventures, according to PitchBook data.\nWhile Carta occupies a role in the relatively dry industry of enterprise software, the company is no stranger to drama. Last year, it laid off staff and sued a former executive. In 2020, the company was sued by another former executive who alleged unequal pay for women.\nMost Read from Bloomberg Businessweek\n• Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election\n• Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire\n• US Is Weaponizing New Economic Tools to Slow China’s War Machine\n• Elon Musk’s Alleged Drug Use Comes Under a Microscope\n• Five ETFs to Watch in 2024\n©2024 Bloomberg L.P.', '(Bloomberg) -- Meituan has become Hong Kong’s second-largest food delivery platform since debuting in the city last May, a sign that splashy subsidies are boosting the company’s first major foray outside mainland China.\nMost Read from Bloomberg\n• Amazon’s Twitch to Cut 500 Employees, About 35% of Staff\n• SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough\n• SEC Says FBI Is Investigating Compromise of Agency’s X Account\n• Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address\nThe internet firm’s sister app “KeeTa” accounted for 37% of the local food delivery market in December, according to data from Measurable AI, a Hong Kong-based firm that tracks business receipts. That trails Delivery Hero SE’s Foodpanda at 42% but surpassed Deliveroo Plc’s 20% despite a phased rollout that still doesn’t cover the entire territory.\nMeituan hired aggressively for its launch in Hong Kong, a trial run for the company’s attempt to take its services outside the home market that it already dominates. KeeTa — a nod to the fast-moving cheetah — has relied on a familiar subsidy-heavy strategy to draw in users and delivery people. The platform expanded rapidly over the past year, starting from the neighborhood of Mong Kok in the heart of the city before covering the most affluent districts on Hong Kong Island.\nIn overall market share, KeeTa still lagged behind its competitors last month at 21%, compared to Deliveroo at 25% and Foodpanda’s 54%. But that discrepancy comes from pickup and grocery orders, which KeeTa doesn’t offer. Those services comprised more than a third of total orders for its two rivals.\nLike other Chinese tech companies, Meituan has explored overseas expansion, particularly given a weak rebound in Chinese consumption after years of strict Covid controls. Meituan, which grew into China’s meal delivery leader with backing from Tencent Holdings Ltd., had held talks with Delivery Hero about potentially acquiring the Foodpanda business in Southeast Asia.\nWhile the KeeTa app has grown rapidly, the average value of its orders remains considerably lower, said Charlie Sheng, co-founder of Measurable AI. In December, delivery orders on Keeta averaged only HK$102, compared to Foodpanda at HK$168 per order and Deliveroo’s HK$185.\nMore than 1.3 million users in Hong Kong have downloaded the app, with more than 10,000 new downloads every day, a KeeTa spokesperson said. The platform expects to reach an order volume growth rate of more than 30%, and “maintain stable and rapid growth for a long period of time.”\nKai Wang, a senior equity analyst for Morningstar Asia, said KeeTa is not expected to move the needle for Meituan’s overall revenue given the small size of the local market. At the same time, subsidies aimed at acquiring users in Hong Kong may incur losses in the short term and may not be sustainable. The company’s shares were down as much as 4.6% in Hong Kong on Monday.\n“Given that there is considerable competition, as soon as subsidies wane - customers are likely to switch platforms if they can get the food delivery at a cheaper cost somewhere else,” he said. “Meituan has other issues it needs to fix within other divisions before it expands internationally, given that they will have to initially incur heavy cash burn in those other markets due to heavy subsidies.”\nMost Read from Bloomberg Businessweek\n• Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election\n• US Is Weaponizing New Economic Tools to Slow China’s War Machine\n• Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire\n• Elon Musk’s Alleged Drug Use Comes Under a Microscope\n• Five ETFs to Watch in 2024\n©2024 Bloomberg L.P.', '(Bloomberg) -- Meituan has become Hong Kong’s second-largest food delivery platform since debuting in the city last May, a sign that splashy subsidies are boosting the company’s first major foray outside mainland China. Most Read from Bloomberg Amazon’s Twitch to Cut 500 Employees, About 35% of Staff SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough SEC Says FBI Is Investigating Compromise of Agency’s X Account Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address The internet firm’s sister app “KeeTa” accounted for 37% of the local food delivery market in December, according to data from Measurable AI, a Hong Kong-based firm that tracks business receipts. That trails Delivery Hero SE’s Foodpanda at 42% but surpassed Deliveroo Plc’s 20% despite a phased rollout that still doesn’t cover the entire territory. Meituan hired aggressively for its launch in Hong Kong, a trial run for the company’s attempt to take its services outside the home market that it already dominates. KeeTa — a nod to the fast-moving cheetah — has relied on a familiar subsidy-heavy strategy to draw in users and delivery people. The platform expanded rapidly over the past year, starting from the neighborhood of Mong Kok in the heart of the city before covering the most affluent districts on Hong Kong Island. In overall market share, KeeTa still lagged behind its competitors last month at 21%, compared to Deliveroo at 25% and Foodpanda’s 54%. But that discrepancy comes from pickup and grocery orders, which KeeTa doesn’t offer. Those services comprised more than a third of total orders for its two rivals. Like other Chinese tech companies, Meituan has explored overseas expansion, particularly given a weak rebound in Chinese consumption after years of strict Covid controls. Meituan, which grew into China’s meal delivery leader with backing from Tencent Holdings Ltd., had held talks with Delivery Hero about potentially acquiring th **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $882,665,776,250 - Hash Rate: 447556918.3163843 - Transaction Count: 414359.0 - Unique Addresses: 534011.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) - Cathie Wood's ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest cryptocurrency, a trading note showed on Thursday. Based on the fund's closing price on Wednesday, ARK's stake is worth roughly $92 million, according to Reuters' calculations. After a brutal 2022, the crypto market is on a rebound, with Bitcoin climbing more than 150% so far this year. Big asset managers, including BlackRock, are waiting for regulatory approvals from the U.S. Securities and Exchange Commission (SEC) to launch a string of derivative-based products such as ETFs tracking the spot price of Bitcoin. ARK, in partnership with 21Shares, has also refiled paperwork with the SEC seeking approval for a spot bitcoin ETF ARK 21Shares Bitcoin ETF after the regulator said its initial prospectus did not meet the requirements to prevent fraud and market manipulation. Separately, ARK Invest sold shares of Coinbase Global worth roughly $27.6 million, based on the crypto exchange's last closing price. Shares in Coinbase have rallied more than 400% so far this year. Earlier this week, software firm MicroStrategy also disclosed it had bought bitcoin worth about $615.7 million in cash. (Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri) 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:** ['Several major cryptocurrencies jumped on Monday as investors anticipate the first potential approval by the U.S. Securities and Exchange Commission of spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) later this week. In particular, the SEC is widely expected to issue a favorable determination for Ark Invest\'s 21Shares Bitcoin ETF application before Wednesday. The price of Bitcoin surged 6.7% by the end of the regular trading day, after briefly exceeding the $47,000 milestone for the first time since April 2022. Ethereum (CRYPTO: ETH) is also up more than 6%, while Marathon Digital (NASDAQ: MARA) -- a crypto mining firm whose fortunes tend to ebb and flow with the price of Bitcoin -- rose as much as 10.5% this morning before settling to close up 7.7%. Crypto investors have marked their calendars for Jan. 10 The price of Bitcoin alone has nearly tripled over the past year. But its rally more recently gained steam back in October 2023 after the SEC declined to appeal a federal court\'s August reversal of an order that had prevented crypto-asset manager Grayscale Investments from converting its popular Grayscale Bitcoin Trust into an ETF . When the D.C. Circuit of Appeals subsequently formalized Grayscale\'s court win the following week, the onus moved back to the SEC to move forward with its approval processes for several other pending spot ETF applications from providers including BlackRock , Fidelity, and Ark Invest. Fast-forward to today\'s rally -- and as I noted back in October -- the first of those deadlines happens to be this Wednesday, Jan. 10. That\'s specifically the date by which the SEC must approve or deny Ark Invest\'s open application for its "21Shares" Bitcoin ETF. This is a big deal for the crypto market as a whole because ETFs would be a much more accessible medium for investors to put their money to work in cryptocurrency assets, at least compared to setting up a separate crypto account or wallet with a crypto-specific broker. ETF shares can also be bought and sold throughout the trading day through virtually any broker, similar to publicly traded stocks. Story continues Expect several spot Bitcoin ETF approvals at once Few expect Ark Invest\'s 21Shares to be the only spot Bitcoin ETF to receive approval this week, however. The SEC could technically approve or deny each individual spot Bitcoin ETF application as their respective deadlines arrive in the coming months. But that would also effectively mean the earliest to receive approvals enjoy a so-called "first-mover" advantage, with the lion\'s share of investors\' capital flowing into those early spot Bitcoin ETFs right away. That would be a massive windfall for those ETF providers, considering some estimates indicate the approval of Bitcoin ETFs could potentially increase the value of the overall crypto market by more than $1 trillion. Instead, the SEC will almost certainly approve multiple applications in tandem with the Ark Invest 21Shares deadline this week. This scenario has been repeatedly supported by industry watchers observing several hopeful ETF providers simultaneously filing amended registration statements with the SEC over the past few months. Indeed, just last week crypto news site Cointelegraph reported that Ark 21Shares, VanEck Bitcoin Trust, Grayscale Bitcoin Trust, and Fidelity\'s spot Bitcoin ETF each filed new 8-A Forms with the SEC to register their shares as securities listed on multiple exchanges, indicating they\'re in the late stages of approval. That said, investors shouldn\'t ignore the risk (however unlikely at this stage) that the SEC might deny those multiple spot Bitcoin ETF applications this week. The SEC previously rejected Ark\'s proposal almost exactly one year ago, for example, citing a lack of measures "to prevent fraudulent and manipulative acts." If the regulatory body offers any similar unexpected opposition this time, I would be shocked if assets like Bitcoin, Ethereum, and Marathon Digital didn\'t experience a sharp pullback as crypto investors took their recent profits off the table. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Bitcoin wasn\'t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of January 8, 2024 Steve Symington has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy . Why Bitcoin, Ethereum, and Marathon Digital Jumped Today was originally published by The Motley Fool', 'Several major cryptocurrencies jumped on Monday as investors anticipate the first potential approval by the U.S. Securities and Exchange Commission of spotBitcoin(CRYPTO: BTC)exchange-traded funds (ETFs) later this week. In particular, the SEC is widely expected to issue a favorable determination for Ark Invest\'s 21Shares Bitcoin ETF application before Wednesday.\nThe price of Bitcoin surged 6.7% by the end of the regular trading day, after briefly exceeding the $47,000 milestone for the first time since April 2022.Ethereum(CRYPTO: ETH)is also up more than 6%, whileMarathon Digital(NASDAQ: MARA)-- a crypto mining firm whose fortunes tend to ebb and flow with the price of Bitcoin -- rose as much as 10.5% this morning before settling to close up 7.7%.\nThe price of Bitcoin alone has nearly tripled over the past year. But its rally more recently gained steam back in October 2023 after theSEC declined to appeala federal court\'s August reversal of an order that had prevented crypto-asset manager Grayscale Investments from converting its popularGrayscale Bitcoin Trustinto anETF. When the D.C. Circuit of Appeals subsequently formalized Grayscale\'s court win the following week, the onus moved back to the SEC to move forward with its approval processes for several other pending spot ETF applications from providers includingBlackRock, Fidelity, and Ark Invest.\nFast-forward to today\'s rally -- and as I noted back in October -- the first of those deadlines happens to be this Wednesday, Jan. 10. That\'s specifically the date by which the SEC must approve or deny Ark Invest\'s open application for its "21Shares" Bitcoin ETF.\nThis is a big deal for the crypto market as a whole because ETFs would be a much more accessible medium for investors to put their money to work in cryptocurrency assets, at least compared to setting up a separate crypto account or wallet with a crypto-specific broker. ETF shares can also be bought and sold throughout the trading day through virtually any broker, similar to publicly traded stocks.\nFew expect Ark Invest\'s 21Shares to be theonlyspot Bitcoin ETF to receive approval this week, however.\nThe SEC could technically approve or deny each individual spot Bitcoin ETF application as their respective deadlines arrive in the coming months. But that would also effectively mean the earliest to receive approvals enjoy a so-called "first-mover" advantage, with the lion\'s share of investors\' capital flowing into those early spot Bitcoin ETFs right away. That would be a massive windfall for those ETF providers, considering some estimates indicate the approval of Bitcoin ETFs could potentially increase the value of the overall crypto market by more than $1 trillion.\nInstead, the SEC will almost certainly approve multiple applications in tandem with the Ark Invest 21Shares deadline this week. This scenario has been repeatedly supported by industry watchers observing several hopeful ETF providers simultaneously filing amended registration statements with the SEC over the past few months. Indeed, just last week crypto news site Cointelegraph reported that Ark 21Shares, VanEck Bitcoin Trust, Grayscale Bitcoin Trust, and Fidelity\'s spot Bitcoin ETF each filed new 8-A Forms with the SEC to register their shares as securities listed on multiple exchanges, indicating they\'re in the late stages of approval.\nThat said, investors shouldn\'t ignore the risk (however unlikely at this stage) that the SEC might deny those multiple spot Bitcoin ETF applications this week. The SEC previously rejected Ark\'s proposal almost exactly one year ago, for example, citing a lack of measures "to prevent fraudulent and manipulative acts." If the regulatory body offers any similar unexpected opposition this time, I would be shocked if assets like Bitcoin, Ethereum, and Marathon Digital didn\'t experience a sharp pullback as crypto investors took their recent profits off the table.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Bitcoin wasn\'t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of January 8, 2024\nSteve Symingtonhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Bitcoin, Ethereum, and Marathon Digital Jumped Todaywas originally published by The Motley Fool', 'Several major cryptocurrencies jumped on Monday as investors anticipate **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,969,237,188 - Hash Rate: 553078468.1633366 - Transaction Count: 468088.0 - Unique Addresses: 618468.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Deep Sail Capital, an investment management company, released its third quarter 2023 investor letter. A copy of the same can bedownloaded here. In the third quarter, the fund returned -23.3% net of fees while averaging 78% net long exposure. Weakness in micro- and small-cap equities and growth decelerations in certain positions led to the underperformance of the fund in the quarter. You can check the top 5 holdings of the fund to know its best picks in 2023. Deep Sail Capital highlighted stocks like Adyen N.V. (OTC:ADYEY) in the Q3 2023 investor letter. Headquartered in Amsterdam, the Netherlands, Adyen N.V. (OTC:ADYEY) is a payments platform. On December 13, 2023, Adyen N.V. (OTC:ADYEY) stock closed at $13.05 per share. One-month return of Adyen N.V. (OTC:ADYEY) was 18.17%, and its shares lost 10.81% of their value over the last 52 weeks. Adyen N.V. (OTC:ADYEY) has a market capitalization of $40.481 billion. Deep Sail Capital made the following comment about Adyen N.V. (OTC:ADYEY) in its Q3 2023 investor letter: "Unexpected growth deceleration is potentially the worst outcome for many high-growth stocks, like the ones that the fund invests in. Our three worst detractors in the quarter wereAdyen N.V.(OTC:ADYEY), Aritzia (OTCPK:ATZAF), and Biolife Solutions (BLFS), which all experienced a revenue growth deceleration in the third quarter. The worst detractor in the quarter was Adyen, which reported in August that the first half of the year's revenues were up 23% YoY, which was lower than their mid-term guidance of 25–35% revenue growth. This deceleration came at a bad time for Adyen, as they just completed a large hiring effort in the first half of 2023 that drove up their expenses as well, causing a larger negative margin impact. The main drivers of the growth deceleration were economically driven by their customers choosing to cut costs and adopt cheaper payment processing options than Adyen. Most of Adyen’s highvolume customers have multiple processing partners, with Adyen being the highest quality across most countries but also the most expensive payment processor. This makes them susceptible to switching from these large, high-volume customers. Adyen has realized this vulnerability, which is why they are pushing significantly into the midmarket through their platforms and marketplace offerings. Adyen is still the best-in-class payment offering, with a bottom-up-built platform and a top management team that manages for the long term. On top of that, Adyen still has several new business opportunities in front of them that are very early in development, like Treasury and Platforms." A customer using the the latest B2B payment platform for banking products and services. Adyen N.V. (OTC:ADYEY) is not on our list of30 Most Popular Stocks Among Hedge Funds. As per our database, 2 hedge fund portfolios held Adyen N.V. (OTC:ADYEY) at the end of third quarter which was 2 in the previous quarter. In addition, please check out ourhedge fund investor letters Q3 2023page for more investor letters from hedge funds and other leading investors. Suggested Articles: • 10 Best Bitcoin Stocks To Invest In • 15 Best Travel Insurance Companies Heading into 2024 • 15 Best Known Car Insurance Companies Heading into 2024 Disclosure: None. This article is originally published atInsider 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:** ['(Bloomberg) -- If last year was any guide, 2024 is going to be another busy one for activist investors seeking to shake up corporate Japan. Most Read from Bloomberg SEC’s X Account Hacked to Falsely Say Bitcoin ETF Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address Spurred by government and institutional pressure at companies to improve corporate governance and boost valuations, activist investors are pursuing more difficult and high-profile investments. Shareholder proposals, which also hit a peak last year, will probably reach a record when annual meetings roll around this summer. “We are only at the beginning of a period of more pronounced activity,” said Peter Guenthardt, head of Asia-Pacific investment banking at Bank of America Corp. Activist investors “are back with a vengeance now, and the reason for that is because they do see the value and believe this time around the circumstances are very different.” The total market value of Japanese companies targeted by activists more than doubled to $252 billion in 2023, from $117 billion the prior year, according to data compiled by Bloomberg. The majority of campaigns so far focus on boosting shareholder returns, such as getting small- to mid-cap businesses to issue more dividends. As they gain a stronger foothold, these investors are becoming more emboldened, and will probably pursue tougher strategies and tackle larger, more conservative companies. Here are some of the campaigns to watch this year: Palliser Capital — Keisei Railway London-based Palliser Capital disclosed in October it had built a 1.6% stake in Keisei Electric Railway Co. and had been speaking with management for more than two years. Railroad and transport companies have long been seen as difficult targets because of their conservative culture, and analysts have said the outcome of Palliser’s campaign could be a litmus test of whether activist investors can succeed with larger, tougher-to-crack businesses. “If Palliser had tried to do this five years ago, my guess is they’d have gotten absolutely nowhere,” said CLSA broker John Seagrim. “Where before Keisei would’ve basically ignored Palliser, it can’t anymore.” Palliser’s proposals to Keisei include selling off part of its 22% ownership stake in Tokyo Disneyland operator Oriental Land Co. to a level where its market value can be recognized on the balance sheet, and re-investing the capital into the railway’s operations and business. Story continues Keisei currently has no need to raise funds, a representative for the railway operator said, adding that it might eventually sell its stake, but not immediately. Palliser said it was confident in unlocking value at Keisei and that it will continue to work with management. 3D Investment Partners — Fuji Soft, Sapporo The secretive Japanese-run hedge fund based in Singapore became well-known as a Toshiba Corp. investor during the troubled conglomerate’s privatization saga last year. Now, 3D’s most public investments are two very different businesses — software company Fuji Soft Inc. and beermaker Sapporo Holdings Ltd. — with a similar issue: large non-core real estate holdings that can be sold off to free up money for other uses. Although 3D’s stakes were made public in 2022, it made significant progress on the campaigns last year, which will continue to play out in 2024. Sapporo in September established a committee to review options for its property business, while Fuji Soft said in November it was looking to shrink its real estate footprint. “One of the more interesting things in 2024 will be more focus on hidden land assets,” Seagrim said. “3D has led the way on that with Fuji Soft and Sapporo.” A Sapporo representative said the company was working to increase corporate value for shareholders. Fuji Soft and 3D didn’t respond to requests for comment. ValueAct Capital — Recruit ValueAct Capital’s campaign around Recruit Holdings Co., the company behind the world’s largest employment portal, is still in its early days but already has the drama of two well-known players. Recruit, a $69 billion company, has a global business through its ownership of Indeed.com and Glassdoor. San Francisco-based ValueAct has made a name for itself in Japan with a very public campaign at convenience store operator Seven & i Holdings Co., where it has continued to call for a strategic review after losing a fight to oust the chief executive. Although details now are thin over its Recruit investment, ValueAct said in November it had taken about a 1.1% stake and thinks the company is worth twice as much as what it had been trading at. A representative for ValueAct did not respond to a request for comment. Recruit reiterated its prior comment, saying that the investment “is a recognition of the value and long-term potential of our company,” adding, “We look forward to having ValueAct as a shareholder and continued engagement.” “We’ll see more and more activists coming to Japan who want to tackle companies with big market valuations,” said Tsuyoshi Maruki, founder of Tokyo-based activist fund Strategic Capital Inc., speaking generally about recent trends. Asset Value Investors — Nihon Kohden London-based AVI took a stake in medical devices maker Nihon Kohden Corp. in late 2022, saying it had productive talks with the company and believed it could grow profits 14% annually, on average, over the next five years and boost its business overseas. This year could be pivotal for the investment, as Nihon Kohden is set to announce a new mid-term management plan in May that will test whether AVI’s engagement has paid off or spur it to step up its campaign. Adding to the plot is the disclosure last month that ValueAct, which had a successful campaign shaking up the board and business at medical products maker Olympus Corp., had also taken a stake in Nihon Kohden. “We might have to explore whether to be more proactive if the mid-term plan disappoints,” said Daniel Lee, head of Japan research at AVI. A Nihon Kohden representative declined to comment about specific shareholders. Ariake Capital — Chiba Kogyo Bank Ariake Capital is relatively new to the activism scene in Japan. Founded by Goldman Sachs Group Inc. alumni and based in Tokyo, the investment fund is solely focused on unlocking value at Japan’s numerous regional banks — notorious for being inefficient with little prospects for growth, following years under the Bank of Japan’s negative interest-rate policy. Pressure from the Tokyo Stock Exchange to boost price-to-book ratios and the possibility of a change in the BOJ’s monetary policy have increased investor interest in bank stocks, Ariake’s Chief Investment Officer Katsunori Tanaka said in an email, adding that the company has been friendly in its engagement with regional banks. “We intend to be proactive in making additional investments this year.” One of Ariake’s recent stakes has focused on Chiba Kogyo Bank Ltd., asking the bank to improve employee incentives and revamp certain loan business segments. In November, Chiba Kogyo said it would review its mortgage operation, which Tanaka said was “just the first step” in a tweet. A Chiba Kogyo spokesperson said the bank was building a relationship with Ariake, and did not consider the fund to be an activist investor. Nippon Active Value Fund — Fuji Media Nippon Active Value Fund and Dalton Investments, both overseen by investor Jamie Rosenwald, disclosed a joint 5% stake in broadcast company Fuji Media Holdings Inc. in December and said it may make proposals to the broadcaster in the future. Japanese broadcasters make interesting but complex targets because they sit on assets like content intellectual property and large real estate holdings, and are subject to a law that prevents foreign investors from owning more than 20%. Fuji Media shares trade at around 0.4 times the book value of its assets. Rosenwald declined to give more details on the investment. Fuji Media declined to comment on dialogue with specific investors. --With assistance from Hideyuki Sano, Adam Kommel and Takahiko Hyuga. (Updates with comment from Palliser Capital.) Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Elon Musk’s Alleged Drug Use Comes Under a Microscope Is There Any Hope for Hollywood? Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election ©2024 Bloomberg L.P. View comments', '(Bloomberg) -- If last year was any guide, 2024 is going to be another busy one for activist investors seeking to shake up corporate Japan. Most Read from Bloomberg SEC’s X Account Hacked to Falsely Say Bitcoin ETF Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address Spurred by government and institutional pressure at companies to improve corporate governance and boost valuations, activist investors are pursuing more difficult and high-profile investments. Shareholder proposals, which also hit a peak last year, will probably reach a record when annual meetings roll around this summer. “We are only at the beginning of a period of more pronounced activity,” said Peter Guenthardt, head of Asia-Pacific investment banking at Bank of America Corp. Activist investors “are back with a vengeance now, and the reason for that is because they do see the value and believe this time around the circumstances are very different.” The total market value of Japanese companies targeted by activists more than doubled to $252 billion in 2023, from $117 billion the prior year, according to data compiled by Bloomberg. The majority of campaigns so far focus on boosting shareholder returns, such as getting sm **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $895,059,734,944 - Hash Rate: 483943659.64291966 - Transaction Count: 383774.0 - Unique Addresses: 605995.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Don’t look now, but we’re embarking on another Jobs Week this week. From JOLTS data for October tomorrow to ADP private-sector jobs for November, Weekly Jobless Claims Thursday and the big Employment Situation report on Friday, including November monthly job gains from BLS and a fresh Unemployment Rate. We start a little slow on economic data today, with just Factory Orders for October out after the opening bell. Ahead of today’s normal trading session, only the small-cap Russell 2000 is in the green at this hour, +0.53%, while the Dow is -0.24%, the S&P 500 -0.33% and the Nasdaq -0.39%. We come off a trading week where only the Nasdaq finished (marginally) in the red, with the Russell again leading the way, +3.91%, followed by the Dow, +2.38%. Year to date, all major indices are decidedly in the green, thanks to a robust November trading month bouncing off late-October lows. The Nasdaq leads by a wide margin: +45.84%, followed by the S&P at +19.27%. So this temporary lull in our weekly economic calendar gives us a chance to survey the landscape: JOLTS numbers are expected to melt down another 200K to 9.4 million — notably down from the extreme 11.23 million job openings we saw back in December of last year (and 12 million from early 2022). ADP and BLS figures are expected to rise — to 120K from 113K previously and 190K from 150K previously, respectively — but from low bottoms of the cycle (89K on ADP from September and 105K in June on BLS). Jobless Claims are expected to continue to rise — toward 2 million on the longer-term side. Without predicting any surprises one way or another, jobs data is expected to remain overall complimentary to a good economy, even as joblessness — especially on the longer-term side — continues to creep up. Continuing this trajectory for, say, the next few months may present some employment issues, such as those analysts had been expecting as long as a year ago, and it may paint a somewhat different picture for the domestic economy moving forward. Story continues However, this would likely be considered a “good problem,” particularly among those looking to see the Fed lower interest rates sooner than later. The next Fed meeting on monetary policy is next week, where there is virtually zero chance interest rates move either direction from their current 5.25-5.50% range, but there are plenty of market participants looking toward the June 2024 meeting — if not sooner — for Fed cuts to rates. This would only happen if economic deterioration was becoming an issue; at this stage, it’s not visible, even on the horizon. This has not stopped investors from bidding up gold — now at a record high $2100 per ounce — nor Bitcoin, which is near $42K at this hour — not really close to record highs from November 2021, but moving toward the April 2022 peak. Meanwhile, bond yields remain relatively cool from inflamed levels of a few weeks ago: 4.615% on the 2-year and 4.247% on 10s — still inverted, of course, as it has been since early July 2022, but well off the widest of inversions, as we witnessed this past summer. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/goover1', '53 M- Please any advice appreciated', 33, '2024-01-10 00:21', 'https://www.reddit.com/r/RedditForGrownups/comments/192t05n/53_m_please_any_advice_appreciated/', 'The last two years have been the hardest of my life. I fought the best I could. I’ve been to therapy, I’m taking meds, I am trying to get back to me and who I was. \n\nI ran my self into 82k in CC debt and paid it off this year. I sold bitcoin to do so. I realized how there was no chance of moving forward financially until those debts were paid off.\n\nI ruined my career as a freelancer. I need to figure out something else to do with my life. This gives me intense anxiety because I have never know what I want to do. Quite honestly I’m scared and lost all my confidence.\n\nThis is a real problem and I keep beating myself up for past mistakes.\n\nI haven’t been happy in 2 years. That really gut punches me when I write that.\n\nI honestly don’t know what to do right now. I’m stuck. I’ve lost hope. I don’t see a way to succeed at my age.\n\nI am open and willing to listen and I appreciate all replies.\n\nThank you for your time.', 'https://www.reddit.com/r/RedditForGrownups/comments/192t05n/53_m_please_any_advice_appreciated/', '192t05n', [['u/bewildered_83', 14, '2024-01-10 00:32', 'https://www.reddit.com/r/RedditForGrownups/comments/192t05n/53_m_please_any_advice_appreciated/kh4n5yi/', "What was it that you were doing as a freelancer? Could you maybe use some of the skills you've got from that in another role?\n\nI work with teens to help them work out what they want to do and sometimes use this quiz to help them think about the kind of person they are and what they might enjoy https://www.16personalities.com/", '192t05n'], ['u/Monkeyboogaloo', 20, '2024-01-10 01:07', 'https://www.reddit.com/r/RedditForGrownups/comments/192t05n/53_m_please_any_advice_appreciated/kh4svgk/', 'I’m 54. I can empathise with you. I’ve been stuck with long covid for 2 years and when you add a year lockdown I have been treading water for three years. Money is now running out. I run a business but it’s failing because of my illness. I am trying to get back on track but I am permanently tired so it’s hard to put in the hours. \n\nI feel stuck and have also lost my confidence. I once would have been bullish but now I question every choice I have made. \n\nSo what we going to do about it buddy? \n\nWriting it here is a good first step. \n\nWhat do you want out of life? What would bring you joy? \n\nWrite a list. Mine would include laying in a beach in the sun and sneaking off to the cinema in the afternoon midweek. One of those I can do very easily. \n\nDo things that bring small joy. \n\nAnd for me writing a plan helps. \n\nThat plan doesn’t have to be big, it could be just what I am going to do today, but without it I drift. \n\nBut you have the chance for a fresh start. And that is both scary but also exciting. \n\nWhat did you want to be as a kid?', '192t05n'], ['u/Snations', 39, '2024-01-10 01:10', 'https://www.reddit.com/r/RedditForGrownups/comments/192t05n/53_m_please_any_advice_appreciated/kh4tcb1/', 'I just want to say— you paid off all of that debt??? I’m so impressed. I’ve never done that. I know you’re feeling shitty right now, but I wanted you to know that I’m super proud. Sad for your Bitcoin wallet, A++ for you.', '192t05n']]], ['u/maximuminvisible', 'I got scammed by someone I met on here and I want to warn others', 49, '2024-01-10 00:24', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/', 'After I posted here saying I was lonely I got a message from a man named Carlos. \n\nAfter a couple of messages on here we started talking on telegram. He messaged me a few times a day, he was very understanding and caring. He told me that he was also very lonely and had no one. I mentioned how I had made some online friends on Reddit but they where men and I hadn’t made a girl-friend or friend from the lgbtq+ community and then suddenly he tells me he is gay and has a boyfriend, the reason I’m mentioning this, is he seemed to just try to be whatever he thought I wanted him to be.\n\nAfter we had started talking I posted on a different sub about how I want a man and I’m starting to feel I won’t ever have a husband and children. Then he suddenly tells me that he told his brother about me and his brother is looking for a wife and to start a family. \n\nHe gives his brother my telegram and he starts talking to me, he talks like his brother and they both don’t leave a space after a comma or a full stop, again at the time I didn’t think too much about this, I just thought well they’re brothers they are bound to talk the same. But now I’m pretty sure it was the same person messaging me.\n\nA couple weeks after me and Carlos have been talking he and his boyfriend go on a trip to Thailand, after they have arrived he messages me and tells me they have been kidnapped at the airport by their taxi driver and if they don’t give the kidnappers 100,000usd worth of bitcoins they are going to be killed and have their organs harvested and I’m told not to contact the police or embassy. \n\nSo I send them all the money I have, which was less then 100k, his brother is messaging me telling me to get loans for the rest of the 100k and he will pay me back, I couldn’t get a loan, so his brother says he will post me cheques, and that I should cash them then send money to him and he will buy Bitcoin with that then send it to Carlos. He told me that he can’t cash them himself because he is having problems with his bank.\n\nI go to cash the cheques at the bank, once they are in my account I transfer the money. Once I have transferred it he blocks me and deletes our chats and so does Carlos. So at this point I’m thinking something is wrong.\n\nFew days later I check my account and I see it is overdrawn by the amount of the cheques. I go in to the bank to see what has happened and they tell my the cheques have bounced. The man at the back gets his manager and his manger tells me I’ve been scammed and they where not real cheques, he said this is a known scam.\n\nThe bank told me to go to the police and the police say it’s definitely a scam and that there is no possibility of me getting my money back. Of course I’m glad coz my friend is not been kidnapped but also I’m sad coz well I never had a friend it seems. Also I lost all my money and now I’m in dept. And the bank are saying they may take me to court coz they are saying it’s my own fault that my account is overdrawn and it’s an unauthorised dept.\n\nAnyway I am warning others coz I’m guessing they’re targeting people on here coz there will be people here have no one to talk to, like if I’d had someone to talk to about what was happening then maybe they would have said ‘hey that doesn’t sound right, don’t send money to anyone u haven’t met in person’. But I am just alone, I’m so useless and I just didn’t think twice about sending all my money.\n\nSo the thing I want to say is u shouldn’t send money to people u don’t know or cash cheques for people u don’t know.', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/', '192t2aq', [['u/Important_Signal_78', 10, '2024-01-10 00:35', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh4nqqd/', "Oh dear\n I hope you'll be alright, that person should go to jail. I've read so many stories like that. I think to myself how people do not see so many red flags. I guess it's just so easy to judge when you are not in such situation. Anyways thank you dor sharing your story with us! Stay safe", '192t2aq'], ['u/rarefind1369', 17, '2024-01-10 00:52', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh4qie8/', "While I am very sympathetic for you and your situation....im a bit cold hearted and would've said sorry, but I guess you're going to be killed. I've watched Oprah to many times.\nI hope for your case they find him and prosecute. You may have to file bankruptcy to recover. \nGood luck!!", '192t2aq'], ['u/No_Afternoon4726', 161, '2024-01-10 01:12', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh4tsj0/', 'I find it hard to believe anyone on this sub is taking this post seriously.', '192t2aq'], ['u/Stoic_Lambaster', 146, '2024-01-10 01:27', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh4w334/', 'The moment someone asks me for money that’s when they get blocked.', '192t2aq'], ['u/Wild-Combination-246', 38, '2024-01-10 01:50', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh4zvkc/', 'Defintely haha but I upvote cuz she took long time writing this bs', '192t2aq'], ['u/TimelyOnion8655', 62, '2024-01-10 01:55', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh50mln/', "I don't believe one word of this", '192t2aq'], ['u/ChloelDay', 20, '2024-01-10 02:09', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh52rte/', 'Exactly. Sounds so fake.', '192t2aq'], ['u/Kuxue', 11, '2024-01-10 02:33', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh56lf7/', "It's honestly laughable.", '192t2aq'], ['u/Kuxue', 21, '2024-01-10 02:36', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh5715y/', 'I hope this is fake cause you really need to brush up on your street smarts.', '192t2aq'], ['u/PhillyShore', 25, '2024-01-10 03:05', 'https://www.reddit.com/r/lonely/comments/192t2aq/i_got_scammed_by_someone_i_met_on_here_and_i_want/kh5bguk/', 'This is a joke. Has to be.', '192t2aq'], ['u/Euphoric-Ninja-7465', 12, '2024-01-10 03:05', 'https://www.reddit.com/r/lonel... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- As delegates at the annual UN climate talks in Dubai celebrated last month’s historic deal to move away from fossil fuels, tens of thousands of laborers just across the Persian Gulf in Qatar were chasing a different goal: make the world’s largest natural-gas export facility even bigger. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Amazon’s Twitch to Cut 500 Employees, About 35% of Staff SEC Says FBI Is Investigating Compromise of Agency’s X Account Boeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 Address At a time when some see oil demand nearing its peak and coal is likely to face a slow but steady decline, the energy sector is betting hundreds of billions of dollars that the third leading fossil fuel — natural gas — has a place in the world’s energy mix through at least 2050. That lifespan hinges on one last torrent of investment into the massive terminals that liquefy and export super-chilled liquefied natural gas, or LNG, for countries not yet ready or able to make the transition to renewables. Five US sites teem with their own crews working to conjure titanic industrial structures from America’s Gulf Coast. Two of the US projects aim to come online as soon as this year, kickstarting what may be the world’s final wave of fossil-fuel megaprojects. Tallying just the ones that have broken ground, more than 200 million tons of new natural gas export capacity will start up in roughly the next five years, according to BloombergNEF. If additional early-stage projects still awaiting final investment decisions move forward, too, more than 300 million tons of new LNG capacity could come online by 2030, according to Baker Hughes Co. That’s a roughly 70% spike from today, adding enough annual gas capacity to power half a billion homes and ensuring natural gas’s relevance — and emissions — for decades to come. This begins “the third big wave in LNG,” said Anne-Sophie Corbeau, a global research scholar at the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs. “By 2028, when everything is basically built, we end up with a hell of a lot of LNG in the US and a hell of lot of LNG in Qatar.” Story continues In short, it took 60 years for the global LNG industry to develop the first several hundred million tons of export capacity; now, the industry has the potential to do it again in six. Until the 1960s, the only way to move large quantities of gas was through pipelines. So operators turned to a process that lets them cool natural gas to -256F (-160C), transforming it into a liquid state that can be shipped in specialized ships. Liquefying gas makes the fuel far denser, occupying 600 times less space. Once seen as a sleepy segment of the energy industry, a whirlwind of events electrified the pace of LNG’s expansion. The US fracking boom and the development of cheaper import infrastructure unleashed an abundance of gas at lower prices. China’s growth, developed markets’ shift away from coal and a shrinkage of Japan’s nuclear industry after the Fukushima disaster underpinned the need for more export projects — and fast. A vibrant spot market emerged, with trading desks proliferating from Singapore to London. Natural gas quickly became the world’s fastest growing fossil fuel. But it was Vladimir Putin’s invasion of Ukraine in February 2022 that supercharged the market. Cheap Russian pipeline gas, which used to meet about one-third of European demand, dried up virtually overnight. European Union officials started traveling to Qatar and the US to broker long-term agreements, and gas-dependent industries for the first time signed deals to import LNG directly. The bloc’s imports of LNG jumped roughly 60% in 2022. “Putin calculated that he could use the gas weapon to shatter the coalition supporting Ukraine,” energy historian and S&P Global Vice Chairman Daniel Yergin said. “It failed largely because of LNG.” Companies, investors and governments have doled out about $235 billion globally on new LNG supply since 2019, with more than $55 billion expected to be invested between 2024 and 2025, Rystad Energy estimates. All together, that’s roughly the GDP of Finland. LNG today supplies just 3% of the world’s energy needs, estimates Anatol Feygin, chief commercial officer of Cheniere Energy Inc., a US LNG pioneer. But the world feels it acutely when there’s not enough to go around. When nations like Pakistan or Bangladesh don’t get their shipments, production of everything from fertilizer to textiles can grind to a halt. Since tankers of LNG can be shipped to any city with an import terminal, outages or expansions anywhere can ripple through availability and prices everywhere. Natural gas advocates have long touted it as a “bridge fuel,” or a less carbon-intensive way to ease the transition away from oil and coal. That bridge appears to be getting longer and longer. Although BNEF says solar and wind power installations likely hit records in 2023, renewables still aren’t being deployed fast enough in many markets to replace fossil fuels. In a blow to the world’s climate goals, it’s becoming increasingly accepted in some circles that gas will be needed as a longer-term safety net to support the intermittency of expanding renewable generation. Much of the new LNG supply will go to China, but even the EU has agreed to buy shipments of Qatari LNG past 2050, despite the bloc’s binding goal to be climate neutral by then. Although Europe has been building record renewable generation, working on hydrogen infrastructure and making its manufacturing cleaner, the transition hasn’t been entirely smooth. The offshore wind industry has been hit by soaring raw-material prices, higher borrowing costs and long-running supply-chain issues. In 2022, the EU paid more than $300 billion for natural gas imports, a threefold increase over the previous five-year average, according to the International Energy Agency. “Europe’s been a bit shaken by the lack of energy security,” said Marc Howson, head of Asia at Welligence Energy Analytics. Compared with coal, gas has long pitched itself as relatively green. On average, replacing coal with gas reduces emissions by 50% when producing electricity and 33% for heat generation, the IEA said in 2019. Oil and gas industry executives at COP28 in Dubai appeared particularly determined to sell LNG as a climate solution, and it seemed to work: The agreement laid out the idea that unnamed “transitional fuels can play a role in facilitating the energy transition,” which most read as a nod to natural gas’s role. Empirical data from satellite observations and new research suggest a much larger climate impact from the gas sector than touted by many government and industry officials. Natural gas’s primary ingredient, methane, is a super-potent greenhouse gas when released without burning, trapping more than 80 times more heat than carbon dioxide during its first two decades in the atmosphere. According to a study published by the National Academy of Sciences, the emissions leakage from gas wells plus downstream operations likely exceeds the 3.2% threshold after which gas actually becomes worse for the climate than coal for some period. Scientists using satellite observations between 2018 and 2020 estimate oil and gas production in the US’s most prolific shale patch, the Permian, had an average methane intensity of 4.6% — significantly higher than an industry target of below 0.2%. Read More: Methane From Oil, Gas Worse Than Reported to UN, Satellites Show The short-term climate impact from the world’s existing LNG supply chains, including final combustion of the fuel, is about 1.5 billion metric tons a year of carbon dioxide equivalent, according to a 2022 IEA model. Using the same metric for the 300 million tons of new LNG planned to come online would add another 1.2 billion tons of CO2 equivalent each year. That exceeds the annual CO2 emissions of Japan, the world’s fifth biggest polluter. That has environmentalists ringing alarm bells with rising urgency. A group of Democratic lawmakers recently called on the Biden administration to apply more scrutiny to US projects’ long-term impact on climate change. Bill McKibben, who galvanized public efforts to block the Keystone XL oil pipeline, is pressing US energy regulators to reject any LNG permitting currently under consideration — especially after the COP28 pledge. Similar calls to action beleaguer projects in Mozambique and Australia. “It’s impossible to go on permitting these things in good conscience. No one can sign a paper that says it’s time to transition from fossil fuels and then permit” new US projects that will add to global emissions, McKibben said. He and other activists are planning a three-day demonstration in February to urge the Department of Energy to stop licensing new US export terminals. As climate pushback mounts, the White House has been quietly reevaluating whether the criteria it uses to approve new US export plants is sufficient. It’s possible future plans will get derailed if banks stop investing in gas, as many in the last decade stopped funding new coal projects. So far, though, a finance sector that once shied away from fossil fuels has reemerged in the wake of Russia’s invasion. And those permitted sites already in construction won’t be sidelined. In order to line up financing, developers in the US typically lock in contracts with customers who agree to buy gas for 10 years or longer. Some of Qatar’s contracts push out more than a quarter century. As with all commodity markets, LNG producers are in a precarious balancing act: bring on too much capacity too quickly and risk a glut; ramp up too slowly and the world will resort to alternate fuels, like coal. If the operators’ forecasts are wrong and gas demand wavers once the initial long-term contracts expire, they risk becoming some of the world’s most expensive underutilized assets. The Ins **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $902,756,334,812 - Hash Rate: 629490624.9490609 - Transaction Count: 449075.0 - Unique Addresses: 664879.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - December 1, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a digital asset mining organization, announces November 2023 Bitcoin Production and Efficiency, all powered by renewable energy. November Mining Update(unaudited) In November, SATO's operations were halted for a 28 hour period because of extraordinary work that had to be conducted by our electrical provider. As such, if we were to exclude that event, SATO's average operating hashrate for the month would have been0.538 EH/s which is even better than our month of October. Also, the mining network hashrate increased by 6.75% month over month. [{"Key Metrics": "Total Hashrate capacity installed", "November 2023": "0.54 EH/s", "October 2023": "0.54 EH/s", "September 2023": "0.54 EH/s"}, {"Key Metrics": "Average operating Hashrate", "November 2023": "0.516 EH/s", "October 2023": "0.533 EH/s", "September 2023": "0.524 EH/s"}, {"Key Metrics": "Total BTC Mined on site", "November 2023": "35", "October 2023": "36", "September 2023": "36"}, {"Key Metrics": "Mining revenue (US$)", "November 2023": "$1,261,016", "October 2023": "$1,073,306", "September 2023": "$954,016"}, {"Key Metrics": "Avg. monthly Network Hashrate", "November 2023": "474 EH/S", "October 2023": "442 EH/s", "September 2023": "407 EH/s"}, {"Key Metrics": "BTC Sold", "November 2023": "30", "October 2023": "33", "September 2023": "36"}, {"Key Metrics": "BTC HODL", "November 2023": "43", "October 2023": "38", "September 2023": "35*"}, {"Key Metrics": "Cash Position (US$)1", "November 2023": "$1,282,301", "October 2023": "$1,314,895", "September 2023": "$1,737,979"}] Furthermore, SATO is providing historical financial data for analysts and investors to compare us with our peers. This will highlight our strong performance relative to the largest publicly traded mining companies. [["Month", "Jan", "Feb", "March", "April", "May", "June", "July", "Aug", "Sept", "Oct", "Nov"], ["Ratio", "108.7", "90.3", "90.7", "80.2", "91.2", "75.3", "74.7", "74.1", "68.7", "67.5", "66.7"]] [["Month", "Jan", "Feb", "March", "April", "May", "June", "July", "Aug", "Sept", "Oct"], ["kWh cost", "$6,484", "$6,997", "$8,105", "$9,542", "$8,662", "$9,488", "$10,202", "$10,100", "$10,577", "$10,824"], ["All-in electric cost", "$9,971", "$11,089", "$12,207", "$14,550", "$13,211", "$14,455", "$15,780", "$15,311", "$16,632", "$16,412"]] On behalf of the board, Romain Nouzareth,SATO CEO and Chairman About SATO SATO, founded in 2017, is a publicly listed company positioned for ongoing success in deploying infrastructures designed to provide efficient compute power tailored for the digital world for Bitcoin Mining, High Power Computing ("HPC"), Artificial Intelligence ("AI"), and L2's. Listed on (TSXV: SATO) (OTCQB: CCPUF) since 2021, the Company prides itself on outstanding performance, financial stability, and a top-tier team. Around 65% of securities (on a fully diluted basis) own by Officers, Directors, Insiders and Shareholders above 7% with long term vision. To learn more about SATO's distinct vision, ambitious goals and meet the team, visitwww.bysato.com. For additional information, please contact: Romain [email protected]: +1 (450) 756-3636 Full Disclaimerhttps://corp.bysato.com/documents/disclaimer.html NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding Forward-Looking Information This news release contains certain forward-looking statements, including statements relating to the future performance of the Company, and other statements that are not historical facts. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. 1Includes both unrestricted and restricted cash positions converted using the daily exchange rate, as of reporting date, available athttps://www.bankofcanada.ca/rates/exchange/.*Adjusted number - BTC given as payment for services were not included as of August 31, 2023. To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/189486... - Reddit Posts (Sample): [['u/hoddlers', 'Bitcoin ETF approved but how do we invest in it it?', 35, '2024-01-11 00:02', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/', 'I have UK Aviva workplace pension and I would like to know how can I invest in Bitcoin ETF using AVIVA?\n\nFYI: I know owning Bitcoin is better than ETF.', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/', '193m1gt', [['u/SelectWait3191', 15, '2024-01-11 00:37', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/kha99pe/', "The FCA banned retail clients from crypto trading and access to crypto ETFs on 06-JAN-2021, see here: [https://www.fca.org.uk/news/press-releases/fca-bans-sale-crypto-derivatives-retail-consumers](https://www.fca.org.uk/news/press-releases/fca-bans-sale-crypto-derivatives-retail-consumers)\n\nPrior to the ban, the BTCe ETP was available for ISA and SIPP investing, but was then banned.\n\nSo, I gather the approved ETFs today still won't be available to UK retail clients, unless FCA unwinds the ban.", '193m1gt'], ['u/Trifusi0n', 48, '2024-01-11 00:41', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/kha9wcz/', 'Bitcoin ETF has been approved by the SEC in America. If you live in America you can invest in a bitcoin fund. \n\nIf you live in the UK nothing has changed for you. The FCA (the UK’s version of the SEC) have not authorised any Bitcoin funds for use in pensions, ISAs or any other tax sheltered account. \n\nIf you don’t like this, do what I’m doing, write to your MP and ask for change. We’re falling behind America on yet another technological innovation.', '193m1gt'], ['u/bose25', 11, '2024-01-11 00:48', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/khab1rq/', 'As others have said, in the UK we cannot invest pensions or ISAs into crypto ETFs.\n\nThe closest you have is Microstrategy, which you can invest into using an ISA.', '193m1gt'], ['u/cryptomeles', 30, '2024-01-11 01:42', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/khaji3m/', 'The UK "global crypto hub" in action', '193m1gt'], ['u/PhantomDP', 11, '2024-01-11 05:14', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/khbfj0g/', 'An absolute joke is what it is', '193m1gt'], ['u/Trifusi0n', 19, '2024-01-11 07:46', 'https://www.reddit.com/r/BitcoinUK/comments/193m1gt/bitcoin_etf_approved_but_how_do_we_invest_in_it_it/khbwkh4/', 'The global crypto hub appears to be just a load of stupid questionnaires and exchange restrictions.', '193m1gt']]], ['u/109_Le_Banane', 'Who are Bitcoin ETFs for?', 56, '2024-01-11 00:07', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/', "I wonder if it's a good buy and hold option", 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/', '193m5ph', [['u/Darryl_444', 77, '2024-01-11 00:36', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/kha94tb/', '\r \nSome people might be intimidated away from setting up wallets, dealing with exchanges, and self-holding raw BTC without losing their keys. These people likely already have conventional investment accounts and ETFs that they are very comfortable with.\r \n\r \nAll people like saving on taxes. A spot BTC ETF held in a tax advantaged account could offer significant tax savings over raw BTC. \r \n\r \nTax reporting in general is also way easier with an ETF, as is simplicity for designated beneficiaries in the event of death.\r \n\r \nA spot BTC ETF needs to buy Bitcoin in order to fulfill subscriptions. Especially a new ETF. This may increase prices in the short term due to increased demand.\r \n\r \nThat said, spot BTC ETFs have already existed in almost the entire world for 3 years. Just not in the US. But the US is still a very large market.', '193m5ph'], ['u/SessionExcellent6332', 17, '2024-01-11 00:51', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khabk0c/', 'What? The S&P was up like 23% in 2023 and bitcoin more than 150%..', '193m5ph'], ['u/SessionExcellent6332', 16, '2024-01-11 00:52', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khabrfa/', 'Well this is about a bitcoin etf, not some shitcoins lol', '193m5ph'], ['u/SessionExcellent6332', 29, '2024-01-11 00:56', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khac9oc/', "You're absolutely right, but the US markets dwarf all the markers that have it already combined. I also believe many people around the world were always scared of the US trying to ban bitcoin (even though they couldn't), but this means now a lot of those people will see a leginate stamp placed upon it. I think this will slowly open the flood gates.", '193m5ph'], ['u/bozoputer', 14, '2024-01-11 01:14', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khaf44o/', 'RIAs and other money managers - they can push the ETF product, and they could not push BTC, since they are registered with the SEC.', '193m5ph'], ['u/NormanClegg', 10, '2024-01-11 01:36', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khaimhp/', 'sure I retired on quatloos and beanie babies :-)', '193m5ph'], ['u/Theswordfish4200', 11, '2024-01-11 02:35', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/kharzcf/', 'Which one of the Bitcoin ETFs is best? Or is there not much a difference? I want to buy tomorrow morning.', '193m5ph'], ['u/autisticlettuce', 12, '2024-01-11 04:06', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khb5z7h/', 'Same, gonna dump $3K to $5K in HODL and IBIT in the morning and turn off the lights for like 5 years and check it then.', '193m5ph'], ['u/_etherium', 12, '2024-01-11 06:21', 'https://www.reddit.com/r/ETFs/comments/193m5ph/who_are_bitcoin_etfs_for/khbns01/', "It can't pump on its own because the underlying is tied to every other spot btc etf.", '193m5ph']]], ['u/Digiff', 'Once again, all together with a loud unified voice: No one knows sh** about fu**!', 10, '2024-01-11 00:13', 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/', "For days...no-no for weeks, we've been bombarded here with posts and comments about price predictions and actions when BTC ETF is approved. The moment it's done was supposed to be for many a certain 'spike' which leave everyone speechless and yet...nothing moved! \n\nMoral of the story. Stop dwelling on your idiotic price predictions. No matter who is saying it, and no matter the size of the 'breaking news', the market was, is and will always be rather unpredictable. ", 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/', '193maor', [['u/kapliger', 10, '2024-01-11 00:14', 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/kha5lbb/', 'Up 3% this hour? No move? Ok...', '193maor'], ['u/SuccotashComplete', 17, '2024-01-11 00:15', 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/kha5qvg/', 'It’s up 3% and the ETFs aren’t even on the exchanges yet…', '193maor'], ['u/ThiefClashRoyale', 18, '2024-01-11 00:19', 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/kha6dvz/', 'When markets open bud.', '193maor'], ['u/FunwitPfizer', 26, '2024-01-11 00:37', 'https://www.reddit.com/r/Bitcoin/comments/193maor/once_again_all_together_with_a_loud_unified_voice/kha9e3m/', "ETF is just noise.\n\nBTC halving is 3.5months away, that's the only event I follow.", '193maor']]], ['u/tsutsu07', 'Not sure if this is allowed, but... Please subscribe to the MeidasTouch Network on YouTube', 101, '2024-01-11 00:15', 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/', "As you may know the MeidasTouch Network (akin to BTC) is invaluable to the ordinary voter. We need to support them. If you haven't already, please take a minute to subscribe to them. I trust their reporting of current events (which there are a lot of these days) and appreciate the breakdown from a legal perspective of all of Trump's court cases. Just trying to spread the word of this amazing resource since I don't trust MSM (legacy media) these days.", 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/', '193mchx', [['u/AdamBladeTaylor', 15, '2024-01-11 00:17', 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/kha666g/', 'How dare you promote the Meidas Touch YouTube on the Meidas Touch Reddit?!', '193mchx'], ['u/JimCripe', 29, '2024-01-11 00:23', 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/kha71h2/', 'Yes!\n\nThey just hit 1.93 million subscribers today and hope to get to 2 million subscribers by the end of the month!', '193mchx'], ['u/rerun6977', 11, '2024-01-11 01:00', 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/khacz2j/', "Been subscribed a long time. Subscribe to Tony Michael's Podcast on YouTube also 12 Eastern to 2 o'clock", '193mchx'], ['u/CryoAurora', 10, '2024-01-11 01:55', 'https://www.reddit.com/r/MeidasTouch/comments/193mchx/not_sure_if_this_is_allowed_but_please_subscribe/khalm8r/', "Subscribe to MTN and independent media as a whole. They are along with MTN shining the light where Legacy media won't even in the face of the Murdock Murder Machine propaganda network. I've mentioned and shared many as have you all. Thank you. \n\nKeep building the communities together. Vi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['UBS, the Zürich-based banking giant, will let some clients who desire to trade bitcoin ETFs do so, subject to some conditions, according to a person familiar with the matter.\nThe conditions, according to the person close to UBS who asked to not be named, include: UBS cannot solicit the trades and accounts with a lower risk tolerance won\'t be able to buy them.\nA UBS spokesperson declined to comment.\nCitigroup, meanwhile, “currently provides our institutional clients with access to the recently approved Bitcoin ETFs from an execution and asset servicing perspective," a spokesperson told CoinDesk Thursday. The New York-based global bank is "evaluating the products for individual Wealth clients.”\nBitcoin ETFs debuted toenormous excitementon Thursday, with billions of dollars worth traded on the first day they were available.\nVanguard, the large U.S.-based investment firm,said Thursdayit would not let customers trade them. There were unconfirmed rumors earlier in the day that UBS and Citi might join Vanguard in not offering them.\nSome of the largest names in finance are offering bitcoin ETFs, including BlackRock, Fidelity and Invesco. And Charles Schwab, the large U.S. brokerage,confirmed to CoinDeskon Thursday that it will let clients trade them.\nOptimists believe bitcoin ETFs will dramatically broaden the investor base for bitcoin, since buying ETFs is easier than purchasing bitcoin itself.\nUPDATE (Jan. 1, 00:05 UTC):Adds details about Citi throughout.', 'UBS, the Zürich-based banking giant, will let some clients who desire to trade bitcoin ETFs do so, subject to some conditions, according to a person familiar with the matter.\nThe conditions, according to the person close to UBS who asked to not be named, include: UBS cannot solicit the trades and accounts with a lower risk tolerance won\'t be able to buy them.\nA UBS spokesperson declined to comment.\nCitigroup, meanwhile, “currently provides our institutional clients with access to the recently approved Bitcoin ETFs from an execution and asset servicing perspective," a spokesperson told CoinDesk Thursday. The New York-based global bank is "evaluating the products for individual Wealth clients.”\nBitcoin ETFs debuted toenormous excitementon Thursday, with billions of dollars worth traded on the first day they were available.\nVanguard, the large U.S.-based investment firm,said Thursdayit would not let customers trade them. There were unconfirmed rumors earlier in the day that UBS and Citi might join Vanguard in not offering them.\nSome of the largest names in finance are offering bitcoin ETFs, including BlackRock, Fidelity and Invesco. And Charles Schwab, the large U.S. brokerage,confirmed to CoinDeskon Thursday that it will let clients trade them.\nOptimists believe bitcoin ETFs will dramatically broaden the investor base for bitcoin, since buying ETFs is easier than purchasing bitcoin itself.\nUPDATE (Jan. 1, 00:05 UTC):Adds details about Citi throughout.', '(Bloomberg) -- In one of the best years on record for semiconductor stocks, Wolfspeed Inc. managed to lose more than a third of its value. Most on Wall Street aren’t betting on a quick turnaround in 2024. Most Read from Bloomberg Musk Pressures Tesla’s Board for Another Massive Stock Award Apple to Allow Outside Payments for Apps After US Decision A Wary World Braces for Trump’s Return to the White House What Is Disease X? How Scientists Are Preparing for the Next Pandemic Stock Selloff Deepens as Traders Adjust Rate Bets: Markets Wrap The maker of chips that control power in electric vehicles and other devices was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023. Investors soured after delays in its efforts to introduce a more advanced way of making chips that are a vital component of electric vehicles, a ramp up that should make it more profitable. Wolfspeed hasn’t been able to get its new plant in upstate New York running anywhere near capacity. In a show of how little confidence analysts have in a rally, the average price target on Wall Street was sitting just a few dollars above the stock price at the start of the year, according to data compiled by Bloomberg. Since then, Wolfspeed has fallen another 20% — again making it the worst performer on the benchmark chip index. Fewer than half of the 24 analysts covering the company have buy ratings. “Their track record has been very inconsistent,” said Chris Rolland, an analyst at Susquehanna Investment Group, citing a string of disappointing earnings reports that ended in October when the company reported better-than-expected sales. “They need to continue to meet, or better yet exceed, revenue expectations from the Mohawk Valley ramp,” he said, referring to the New York plant. Wolfspeed’s problems stem from production snarls at another one of its plants that is one of the largest makers of silicon carbide wafers. The wafers are what its chips are built on, and inadequate supply is stifling production at the Mohawk Valley chip plant. Story continues Failing to maximize output at an expensive production facility is a cardinal sin for a chipmaker, which faces high fixed costs for production that quickly can become obsolete. The expense of building plants can only be justified if companies can run their plants 24 hours a day at as close to flat out as possible. If Mohawk Valley can be brought up to full capacity soon, Wolfspeed will be able to lower costs by as much as 40% compared to its existing production and the company should have “major cost advantage” over competitors like ON Semiconductor Corp. for a few years, according to Wells Fargo analyst Gary Mobley. The clock is ticking, however. Its peers are now reporting that automotive demand is slowing as vehicle makers cut orders to reduce stockpiles of unused parts. Last week, Mobileye Global Inc. warned such a build up was weighing heavily on orders and its first-quarter revenue will drop 50% from a year earlier. Not everyone is pessimistic about Wolfspeed, of course. William Blair’s Jed Dorsheimer named the stock his “best idea” of 2024. The call is rooted in the belief that Mohawk Valley will soon have the wafers needed to operate at much higher capacity and that wafer supplies from China won’t soon sap Wolfspeed’s competitive advantage. For Cannacord Genuity’s George Gianarikas, one of 11 analysts who have a buy rating on the company’s stock, owning Wolfspeed boils down to a bet on its ability to make enough Silicon carbide to supply the Mohawk plant. “Are they going to be able to make that material? I think so, but no one knows, including probably them,” he said in an interview. The company said there’s more demand than can currently be supplied and that getting its new facilities up and running will fuel a large revenue opportunity. “Our capacity expansion plan supports a $20 billion market opportunity by 2030,” the company said in an emailed statement. “We are keenly focused on ramping this US capacity, because there is a significant supply/demand mismatch for the foreseeable future.” When Wolfspeed reports fiscal second-quarter earnings later this month, it’s projected to show a net loss from continuing operations of $139 million, according to the average estimate of analysts. The company hasn’t had an annual profit since 2014 and isn’t projected to return to profitability on an annual basis until 2027. The Mohawk Valley plant is targeting 20% utilization by the end of fiscal year 2024, which ends in June. To meet the need for more so-called SiC wafers it’s also investing in another facility in North Carolina to grow the crystals that will become the wafers to form the base that the chips are then built on. For now, as the costs of its bet on production of the newer type of chips mount, all investors want to see is evidence that it’s paying off, according to Cowen & Co. analyst Joshua Buchalter. “It’s all about how many wafers that they can manufacture at high enough yields to feed their facility,” he said. Tech Chart of the Day Cryptocurrency-linked stocks have been further boosted by the US financial regulator’s approval of exchange-traded funds that invest directly in Bitcoin — a decision heralded as a landmark event for the roughly $1.7 trillion digital-asset sector. Shares in exchange platform Coinbase Global Inc. and miner Marathon Digital Holdings Inc. were among those posting strong advances premarket in New York. Top Tech News The new year has kicked off for the tech industry with several companies announcing significant job cuts. It’s reminiscent of how 2023 began, which preceded the sharpest industry retraction in more than a decade. OpenAI is in talks with CNN, Fox Corp. and Time to license their work, according to people familiar with the matter, in a growing effort to secure access to news content to build out its artificial intelligence products while facing allegations it’s ripping off copyrighted materials. OpenAI has launched an online store where people can share customized versions of the company’s popular ChatGPT chatbot, after initially delaying the rollout because of leadership upheaval last year. Alphabet Inc.’s Google should lose its court fight to topple a €2.4 billion ($2.6 billion) European Union fine for unfairly favoring its own shopping services, an adviser to the EU’s top court said. LG Electronics Inc. plans to sharply increase capital investment and research spending to about 10 trillion won ($7.6 billion) this year, bankrolling bets on fields such as electric vehicles while signaling confidence in a consumer electronics rebound. First came the judge’s rebuke. Then fresh Securities and Exchange Commission research surfaced purporting to allay doubts about whether trading in Bitcoin could ever be effectively monitored. Earnings Due on Thursday No major earnings expected --With assistance from Thyagaraju Adinarayan. (Updates with company statement from 12th paragraph.) Most Read from Bloomberg Businessweek Japan’s **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $853,051,152,562 - Hash Rate: 611297254.2857933 - Transaction Count: 375872.0 - Unique Addresses: 596693.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Getty Images / Spencer Platt Stocks moved higher on Wednesday as traders braced for the Fed's next interest rate decision. Markets are expecting the Fed to hold interest rates at the current range of 5.25%-5.50%. It's still possible the Fed signals a more hawkish stance, given inflation is firmly above its target. US stocks were mostly higher on Wednesday as investors looked ahead to the Fed's next interest rate move. The major indexes ticked higher as the market opened and bond yields eased, with the 10-year US Treasury slipping three basis points to 4.17%. Central bankers are will announce their final policy decision of the year today at 2 p.m., with Fed Chairman Jerome Powell set to speak shortly after. Markets are pricing in a near-100% chance Fed officials will choose to keep rates unchanged in December, and are hoping to hear some talk of potential easing of monetary policy to start early next year. The Fed, though, has said rates can stay higher for longer as inflation remains above its 2% target and the economy continues to show resilience. Prices cooled slightly to 3.1% in November , still well-above the Fed's long-run inflation target of 2%. "We believe the markets are priced for near-term disappointment," Comerica Wealth Management CIO John Lynch said in a statement on Wednesday. "Recent data on inflation, employment, and Jerome Powell's persistent messaging are inconsistent with the market's optimism." The Fed will likely project rates remaining around 5.1% by the end of 2024, the wealth manager said. More than half of investors are pricing in at least 100 basis-points of rate cuts by the end of 2024, according to the CME FedWatch tool. Here's where US indexes stood shorty after at the 9:30 a.m. opening bell on Wednesday: S&P 500 : 4,646.24, up 0.04% Dow Jones Industrial Average : 36,558.35, down 0.05% (-19.59 points) Nasdaq Composite : 14,576.54, up 0.31% Here's what else is going on today: Wall Street's fear gauge is crashing toward a 4-year low. That could be a sign of overconfidence, UBS says. Elite investor Jeremy Grantham has warned stocks are in a bubble and could plunge by over 50% - but his colleague says they've gotten cheaper Inflation is 'permanent' and you'll never regain your lost purchasing power, says a Wall Street guru . Story continues In commodities, bonds, and crypto: West Texas Intermediate crude oil ticked higher 0.25% to $68.78 a barrel. Brent crude , the international benchmark, edged up 0.23% to $73.39 a barrel. Gold inched 0.25% up to $1,998 per ounce. The 10-year Treasury yield fell three basis points to 4.17%. Bitcoin slipped 0.91% to $41,357. 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:** ['The U.S. Securities and Exchange Commission said Friday its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week. On Tuesday, the SEC\'s official X (formerly Twitter) account, @SECgov, tweeted that the agency had approved a number of spot bitcoin exchange-traded fund (ETF) applications to begin trading, a message that was ultimately shown to be faked by someone who was able to gain access to the account through the phone number associated with it. On Friday, the SEC statement provided a timeline of events on Tuesday, saying the first "unauthorized post" came at 4:11 p.m. ET (21:11 UTC), and SEC Chair Gary Gensler published his clarification 15 minutes later. The statement suggested that SEC staff never lost access to the account, saying they had deleted the fake post, un-liked some other bitcoin-related tweets and shared an update on the main SECgov account within 30 minutes. "Staff also reached out to X.com for assistance in terminating the unauthorized access to the @SECGov account. Based on information currently available, staff believe that the unauthorized access to the account was terminated between 4:40 pm ET and 5:30 pm ET," the statement said. An SEC spokesperson said on Wednesday that the FBI was investigating the issue, adding that the SEC did not draft the message (dispelling rumors that the fake approval notice was an already planned announcement that was released prematurely). Friday\'s statement added that the Department of Homeland Security\'s Cybersecurity and Infrastructure Security Agency (CISA) are also investigating. On Wednesday, the SEC did approve nearly a dozen bitcoin ETF applications, which began trading a day later. The hack alarmed a number of lawmakers, who publicly demanded answers about how it happened. Senators Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) published a letter on Thursday asking that SEC Inspector General Deborah Jeffrey\'s office open an investigation into the hack "and the SEC\'s apparent failure to follow cybersecurity best practices." Story continues Future hacks could harm public markets and their stability, the letter said. The letter followed Senators J.D. Vance (R-Ohio) and Thom Tillis (R-N.C.), who similarly asked Gensler to brief their teams on a number of questions around the hack and the SEC\'s decision-making on bitcoin ETFs, including how the SEC "plan[s] to rectify any financial losses borne by investors as a result of the errant announcement." "The SEC takes its cybersecurity obligations seriously. Commission staff are still assessing the impacts of this incident on the agency, investors, and the marketplace but recognize that those impacts include concerns about the security of the SEC’s social media accounts. The staff also will continue to assess whether additional remedial measures are warranted," the SEC\'s statement on Friday said.', "The U.S. Securities and Exchange Commission released this statement in response to the hack of its X account that led to a fake announcement being issued in the SEC's name saying the regulator had a approved a spot bitcoin exchange-traded fund: Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of spot bitcoin exchange-traded funds, as well as a second post approximately two minutes later that said “$BTC.” The unauthorized party subsequently deleted the second post, but not the first. Using the @SECGov account, the unauthorized party also liked two posts by non-SEC accounts. While SEC staff is still assessing the scope of the incident, there is currently no evidence that the unauthorized party gained access to SEC systems, data, devices, or other social media accounts. Upon becoming aware of the incident, staff in the Office of Public Affairs posted to the official @garygensler X.com account at 4:26 pm ET, alerting the public that the @SECGov account had been compromised, an unauthorized post was made, and the Commission had not approved the listing and trading of spot bitcoin exchange-traded products. Staff deleted the first unauthorized post on the @SECGov account, un-liked the two liked posts, and, at 4:42 pm ET, made a new post on the @SECGov account stating that the account had been compromised. Staff also reached out to X.com for assistance in terminating the unauthorized access to the @SECGov account. Based on information currently available, staff believe that the unauthorized access to the account was terminated between 4:40 pm ET and 5:30 pm ET. The SEC takes its cybersecurity obligations seriously. Commission staff are still assessing the impacts of this incident on the agency, investors, and the marketplace but recognize that those impacts include concerns about the security of the SEC’s social media accounts. The staff also will continue to assess whether additional remedial measures are warranted. Staff are coordinating with appropriate law enforcement and federal oversight entities, including the SEC’s Office of Inspector General, the Federal Bureau of Investigation, and the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency, amongst others, in their investigations. The agency will provide updates on the incident as appropriate. Importantly, the Commission makes its actions public on the Commission’s website, http://www.sec.gov . The Commission does not use social media channels to make its actions public; social media posts only amplify announcements that are made on our website. See also: Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency", "In an opening day of spot bitcoin ETF trading that underperformed expectations of some analysts, Bitwise Asset Management generated the most inflows.\nThe San Francisco-based crypto index fund manager generated $237.9 million in inflows, the most of the 11 products that opened for trading on Thursday, less than 24 hours after the Securities and Exchange Commission had approved them.\xa0In all, issuers generated about $721 million in inflows.\nThe Fidelity Wise Origin Bitcoin Fund and iShares Bitcoin Trust ranked second and third, respectively, with $226.9 million and $111.6 million in inflows, respectively.\nStill, Bitwise and the other 10 issuers’ debut seemed to underscore pent-up demand for the product that is based on the price of bitcoin, the world’s largest digital asset by market capitalization. The SEC had rejected multiple applications over roughly a decade, including as recently as early 2023.\nIssuers generated approximately $4.7 billion in trading volume, far exceeding the $4 billion that analysts had been predicting.\n“The first day inflows were bit underwhelming considering the $4.7 billion of volume we saw on Thursday, but the data isn't complete so in the coming days we could—and probably will—see that number tick higher,” wrote ETF.com analyst Sumit Roy.\nRoy added that “the flows suggest that a lot of the trading activity in bitcoin ETFs during the first day was short-term in nature,’ and that longer-term bitcoin bulls are expecting “tens, or in some cases, hundreds of billions of dollars worth of inflows for bitcoin ETFs over the next one to five years. Anything short of that would be a disappointment to them.”\nBitwise is not charging a fee for the first six months and will then the fee will be .20%, the second lowest among issuers. In a press release Thursday, the company’s CEO Hunter Horsley said that the company was expecting “significant demand for bitcoin ETFs like BITB.”\n“Every year for the past six years, financial advisors have identified ETFs as their preferred way to help clients access bitcoin,” he said\nArk21 Shares Bitcoin ETF (ARKB) and Franklin Bitcoin ETF ranked fourth and fifth in inflows with $65.3 and $50.1, respectively.\n“Congrats to$BITBfor winning Day One of the Cointucky Derby w/ $238m in flows.$FBTC,”Eric Balchunas, senior ETF analyst for Bloomberg wrote in a post on the social media platform X/Twitter.\nPermalink| © Copyright 2024etf.com.All rights reserved", "Bitcoin ETF - Coins In an opening day of spot bitcoin ETF trading that underperformed expectations of some analysts, Bitwise Asset Management generated the most inflows. The San Francisco-based crypto index fund manager generated $237.9 million in inflows, the most of the 11 products that opened for trading on Thursday, less than 24 hours after the Securities and Exchange Commission had approved them.\xa0In all, issuers generated about $721 million in inflows. The Fidelity Wise Origin Bitcoin Fund and iShares Bitcoin Trust ranked second and third, respectively, with $226.9 million and $111.6 million in inflows, respectively. Still, Bitwise and the other 10 issuers’ debut seemed to underscore pent-up demand for the product that is based on the price of bitcoin, the world’s largest digital asset by market capitalization. The SEC had rejected multiple applications over roughly a decade, including as recently as early 2023. Issuers generated approximately $4.7 billion in trading volume, far exceeding the $4 billion that analysts had been predicting. “The first day inflows were bit underwhelming considering the $4.7 billion of volume we saw on Thursday, but the data isn't complete so in the coming days we could—and probably will—see that number tick higher,” wrote ETF.com analyst Sumit Roy. Roy added that “the flows suggest that a lot of the trading activity in bitcoin ETFs during the first day was short-term in nature,’ and that longer-term bitcoin bulls are expecting “tens, or in some cases, hundreds of billions of dollars worth of inflows for bitcoin ETFs over the next one to five years. Anything short of that would be 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: 2024-01-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $834,015,861,144 - Hash Rate: 578549187.0919114 - Transaction Count: 652483.0 - Unique Addresses: 715186.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates throughout with comment, refreshes prices at 0940 GMT) By Amanda Cooper LONDON, Nov 22 (Reuters) - Global shares hovered around three-month highs on Wednesday and the dollar found support as investors tempered some of their earlier enthusiasm about the prospect of the start of a series of U.S. interest rate cuts. The MSCI All-World index fell 0.1%, down for a second day following the decline on Wall Street, after minutes from the Federal Reserve's most recent meeting offered little new insight into policymakers' thinking on rates. Overnight, the S&P 500 snapped a five-session winning streak and fell 0.2%. Chipmaker Nvidia reported revenue well above Wall Street expectations after the market close, but shares fell 1.7% due to the company's downbeat China sales outlook. Nasdaq futures fell 0.3% in European trading, while those on the S&P 500 were down just 0.1%. Volumes are likely to be light through the rest of the week because of Thursday's Thanksgiving holiday in the United States. "We're just at that moment where the market is consolidating and particularly ahead of the Thanksgiving holiday, we wouldn't expect to see any big moves over the coming days," City Index market strategist Fiona Cincotta said. The Fed minutes showed policymakers pledged to "proceed carefully" from here, which traders did not interpret as new information, and also contained no confirmation that policymakers had ruled out more rate hikes. "They couldn't whisk that off the table completely. That would have created a rather larger market move," Cincotta said. "That's where we are in the market – broadly speaking, it's supportive of stocks and broadly speaking, unsupportive for the U.S. dollar," she said. The dollar index was up 0.25% on the day, rising for a second consecutive session, but is still on track for its worst monthly performance in a year, with a drop of 2.7%. The MSCI global shares index, meanwhile, is up 8.2% in November, marking its biggest monthly rally since late 2020, and at its highest since mid-August. Ten-year Treasury yields were marginally lower at 4.41%. They have fallen about 50 basis points since the Fed held rates steady early in the month. Interest rate futures markets see almost no chance the Fed hikes again and price about 90 basis points of rate cuts through 2024, with a 30% chance they begin as soon as March. "Since the (Fed) believes that a soft landing is in sight, it would be foolish to risk it by hiking further than necessary," said Rabobank's senior U.S. strategist Philip Marey. "If we were to see stronger economic and inflation data before the December meeting, longer-term rates are likely to rebound and substitute for a rate hike. Therefore we do not expect further hikes." PROSPECTS FOR THE YEN In currencies, the dollar, which has been sliding since last week's benign U.S. inflation report, lifted from multi-month lows against a number of other currencies. It was a touch firmer against the euro at $1.0897 and up 0.5% against the yen at 149.13 yen. "We expect bond yield gaps to remain a tailwind for the yen and renminbi as inflation in the U.S. continues to moderate and investors discount more rate cuts from the Fed," said Jonathan Petersen, senior economist at Capital Economics. China's yuan, which has gained 2% in the past week, was down 0.2% at 7.1575 against the dollar. China's major state-owned banks have been buying the yuan to hasten its recovery lately, two sources told Reuters on Tuesday. British Finance Minister Jeremy Hunt will present his autumn budget later in the day that is expected to contain plans for tax cuts for businesses. Investors will be watching closely to see how any give-aways affect the UK's borrowing plans, which could impact sterling and government bond yields . The pound was last down 0.1% against the dollar at $1.2525 and down 0.1% against the euro at 87.12 pence. In commodities, Brent crude futures fell 0.4% to $82.17 a barrel, while copper futures fell 0.5% to $8,404 a tonne, having touched a two-month high on Tuesday. Bitcoin rose 2.2% to $36,573, recovering from an overnight low of $35,651 after Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the crypto exchange. Binance's own token was up 5.3% on the day at $237.30, having lost nearly 10% the previous day in its largest one-day slide in year. (Additional reporting by Tom Westbrook in Singapore; Editing by Sam Holmes, Shri Navaratnam and David Evans)... - 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:** ['Hong Kong should soon follow the United States \' lead in authorising spot cryptocurrency exchange-traded funds (ETFs), bolstering the city\'s ambition to become a major virtual-asset hub in Asia , according to industry insiders. While the city\'s Securities and Futures Commission (SFC) in December said it was prepared to authorise retail access to spot virtual asset ETFs , the actual launch of such products has already fallen behind the US, according to Wang Yi, the head of quantitative investment at CSOP Asset Management, which currently runs two cryptocurrency futures ETFs. US-listed spot bitcoin ETFs saw US$4.6 billion worth of shares trade hands on Thursday, according to a Reuters report that cited LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Eleven spot bitcoin ETFs - including BlackRock\'s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others - began trading on Thursday, following the US Securities and Exchange Commission\'s landmark approval that is expected to help bring the cryptocurrency industry closer to the more regulated world of traditional finance. Blackrock representatives ring the opening bell with guests at the Nasdaq MarketSite in New York on January 11, 2024, as spot bitcoin exchange-traded funds began trading. Photo: Bloomberg alt=Blackrock representatives ring the opening bell with guests at the Nasdaq MarketSite in New York on January 11, 2024, as spot bitcoin exchange-traded funds began trading. Photo: Bloomberg> The successful US launch of spot bitcoin ETFs is expected to help move Hong Kong regulators closer to authorising similar cryptocurrency funds to operate in the city. Story continues Spot cryptocurrency ETFs enable investors to gain exposure to virtual assets without directly buying any crypto tokens. These funds "give the crypto industry more legitimacy and also opens up more collaboration opportunities with mainstream finance", said RJ Ke, a researcher with ethereum scaling start-up Taiko. "Hong Kong is likely to accelerate bitcoin ETF applications in the coming months." Around 10 fund management firms are preparing to launch spot virtual asset-backed ETFs in Hong Kong, according to Chinese media Caixin\'s interview on Wednesday of Livio Weng, chief operating officer at crypto trading app operator HashKey Group . Weng said that up to eight companies were at an "advanced stage" to launch. Bitcoin jumped about 3.4 per cent to US$47,500, following the spot crypto ETF approvals in the US. That was nearly three times the level that the original cryptocurrency reached in November 2022, when failed crypto exchange FTX filed for bankruptcy to send bitcoin\'s price below US$17,000. Hong Kong needs to launch spot virtual asset ETFs as soon as possible to "ensure that the city remains competitive in the global cryptocurrency market and strengthen its position as a global financial centre", said Mao Shixing, also known as "Discus Fish", who is the co-founder and chief executive of digital asset custody solutions provider Cobo. Mao said the US approvals could impact other jurisdictions because "the SEC is one of the most influential and reputable financial regulators in the world", adding that the agency\'s initiatives "often serve as important references for financial regulators in other countries and regions". "However, each country and region has its own independent stance and regulatory objectives," he said. Echoing the Cobo head\'s view, Donald Day, chief operating officer at digital asset platform VDX, said the SEC\'s decision would make its peers "seriously consider whether similar ETFs would be permissible and desirable". Day pointed out that the SFC\'s statement in December about being prepared to authorise such funds has "in principle opened a pathway for issuers to launch spot crypto ETFs in Hong Kong". With the US, there are now nine markets around the world that have allowed the operation of spot crypto ETFs. The other markets include Canada , Germany , Switzerland , and tax havens such as the Cayman Islands in the Caribbean and Jersey near the coast of northwestern France, according to market analytics firm CoinGecko. Mainland China, however, is unlikely to follow suit. In December, China\'s Ministry of Industry and Information Technology said it will draft a national Web3 development plan to suit the country\'s needs. But the announcement did not mention cryptocurrencies even though Beijing maintains its support for Hong Kong\'s ambition to become a major virtual-asset hub . The Chinese government banned banks from handling bitcoin in 2013 and forced cryptocurrency exchanges to move offshore in 2017. In 2021, the country\'s regulators reiterated the state\'s prohibition on all financial institutions from engaging in crypto-related activities. China\'s state media recently emphasised the risks involved in spot cryptocurrency ETFs. The US approval of spot bitcoin ETFs "would make the cryptocurrency market even more frantic, providing fertile ground for illegal transactions such as money laundering", according to a report by the International Financial News, a newspaper under the People\'s Daily, which cited Shanghai Jiao Tong University assistant professor Li Nan. This article originally appeared in the South China Morning Post (SCMP) , the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP\'s Facebook and Twitter pages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.', 'Hong Kongshould soon follow theUnited States\' lead inauthorising spot cryptocurrency exchange-traded funds(ETFs), bolstering the city\'s ambition to become a majorvirtual-asset hub in Asia, according to industry insiders.\nWhile the city\'sSecurities and Futures Commission(SFC) in December said it was prepared toauthorise retail access to spot virtual asset ETFs, the actual launch of such products has already fallen behind the US, according to Wang Yi, the head of quantitative investment at CSOP Asset Management, which currently runs twocryptocurrencyfutures ETFs.\nUS-listed spotbitcoinETFs saw US$4.6 billion worth of shares trade hands on Thursday, according to a Reuters report that cited LSEG data, asinvestors jumped into the landmark productsapproved by the US securities regulator on Wednesday.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nEleven spot bitcoin ETFs - including BlackRock\'s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others - began trading on Thursday, following theUS Securities and Exchange Commission\'s landmark approvalthat is expected to help bring the cryptocurrency industry closer to the more regulated world of traditional finance.\nBlackrock representatives ring the opening bell with guests at the Nasdaq MarketSite in New York on January 11, 2024, as spot bitcoin exchange-traded funds began trading. Photo: Bloomberg alt=Blackrock representatives ring the opening bell with guests at the Nasdaq MarketSite in New York on January 11, 2024, as spot bitcoin exchange-traded funds began trading. Photo: Bloomberg>\nThe successful US launch of spot bitcoin ETFs is expected to help move Hong Kong regulators closer to authorising similar cryptocurrency funds to operate in the city.\nSpot cryptocurrency ETFs enable investors to gain exposure to virtual assets without directly buying any crypto tokens.\nThese funds "give the crypto industry more legitimacy and also opens up more collaboration opportunities with mainstream finance", said RJ Ke, a researcher with ethereum scaling start-up Taiko. "Hong Kong is likely to accelerate bitcoin ETF applications in the coming months."\nAround 10 fund management firms are preparing to launch spot virtual asset-backed ETFs in Hong Kong, according to Chinese media Caixin\'s interview on Wednesday of Livio Weng, chief operating officer atcrypto trading app operator HashKey Group. Weng said that up to eight companies were at an "advanced stage" to launch.\nBitcoin jumped about 3.4 per cent to US$47,500, following the spot crypto ETF approvals in the US. That was nearly three times the level that the original cryptocurrency reached in November 2022, whenfailed crypto exchange FTX filed for bankruptcyto send bitcoin\'s price below US$17,000.\nHong Kong needs to launch spot virtual asset ETFs as soon as possible to "ensure that the city remains competitive in the global cryptocurrency market and strengthen its position as a global financial centre", said Mao Shixing, also known as "Discus Fish", who is the co-founder and chief executive of digital asset custody solutions provider Cobo.\nMao said the US approvals could impact other jurisdictions because "the SEC is one of the most influential and reputable financial regulators in the world", adding that the agency\'s initiatives "often serve as important references for financial regulators in other countries and regions".\n"However, each country and region has its own independent stance and regulatory objectives," he said.\nEchoing the Cobo head\'s view, Donald Day, chief operating officer at digital asset platform VDX, said the SEC\'s decision would make its peers "seriously consider whether similar ETFs would be permissible and desirable".\nDay pointed out that the SFC\'s statement in December about being prepared to authorise **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $841,907,530,225 - Hash Rate: 465750288.9796519 - Transaction Count: 591806.0 - Unique Addresses: 616604.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In general, portfolio stocks are from the blue-chip space along with high-qualitygrowth stocks. On the other hand,penny stocksaren’t largely a trading option for the majority of investors. However, there are emerging businesses that can make it big if a few industry or company specific catalysts are triggered. For that, investors need to hold some penny stocks with patience. Of course, the risk is high, but a small allocation can do wonders for the portfolio if the idea clicks. The focus of this column is on seven quality penny stocks to buy for millionaire-maker potential. I believe that these penny stocks represent companies with good fundamentals. I would not lose sleep even if I had to hold these penny stock names for the next 36 months. Further, if the business moves in the right direction, it’s likely that these penny stocks will deliver 10-bagger returns within the investment horizon. Let’s discuss the reasons to be bullish on these potential multibagger ideas. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Postmodern Studio / Shutterstock.com Standard Lithium(NYSE:SLI) is possibly the most undervalued lithium story to buy. At a market valuation of $335 million, SLI stock looks like an easy multibagger over the next three years. The depressed in SLI stock is largely on the back of a sharp correction in lithium this year. However, the long-term outlook is positive for lithium considering the impending demand from EVs. Specific to Standard Lithium, the reason to be bullish is a game changing asset. In Arkansas, the Company has drilled one of the highest lithium grade brine. The asset has abase case net present valueof $4.5 billion. Of course, this is not the only project and underscores my view that SLI stock is massively undervalued. I believe that a key catalyst for a big rally would be financing the project construction. Once that is achieved and lithium trends higher, SLI stock is likely to skyrocket. Source: PHOTOCREO Michal Bednarek / Shutterstock.com Bitfarms(NASDAQ:BITF) has already been in a massive rally mode with an upside of 483% for year-to-date. However, it’s worth noting that the rally was from oversold levels. BITF stock remains attractive and can be a potential 10-bagger from current levels if Bitcoin continues to surge in the next few years. A strong balance sheet is the first reason to like Bitfarms. As of September 2023, the company reported cash and digital assets of $73 million. The recent fund raising of $44 million adds to the cash buffer. With a strong cash profile, Bitfarms is positioned for aggressive mining capacity expansion. To put things into perspective, the company’s mining capacity as of November was 6.3EH/s. Capacity islikely to increase to 17EH/sby the second half of 2024. With nearly tripling of capacity, Bitfarms is positioned for strong revenue and cash flow upside. If Bitcoin trades at new all-time highs next year, BITF stock is likely to be a quick 10-bagger. Source: Lori Butcher / Shutterstock.com I have maintained thatTilray Brands(NASDAQ:TLRY) is massively undervalued. Assuming that cannabis was to be legalized at federal level, TLRY stock can deliver 10-bagger returns within a few quarters. Even if legalization is delayed, Tilray has opportunities for growth and value creation. The first point in the bull thesis is diversification. Tilray, through acquisitions, is the fifth largest craft beer brewer in the United States. With the craft beer marketexpected to grow at a CAGR of 7.2%through 2030, the segment is likely to create incremental value. At the same time, there is positive news on the financial front. For Q1 2024, Tilray reported international cannabis revenue growth of 37%. This was supported by the medicinal cannabis business in Europe. With operating leverage and cost cutting, Tilray expects togenerate positive adjusted free cash flowfor fiscal year 2024. Therefore, with multiple positive developments, TLRY stock looks attractive. Source: Postmodern Studio / Shutterstock I believe thatPlug Power(NASDAQ:PLUG) is the riskiest bet among the list of stocks discussed. Without doubt, the hydrogen economy will get bigger in the coming years. This would imply positive industry tailwinds. However, PLUG stock has plunged during the year and currently trades at $3.90. The reasons include the company’s reliance on hydrogen subsidies, financing aggressive growth, and market doubts on execution capabilities. If Plug Power can overcome these challenges, the stock is an easy 10-bagger from current levels. I must mention that Plug Power has chalked up ambitious plans. The company istargeting revenueof $20 billion by 2030 with a gross margin of 35%. The markets are, however, focused on near term financing needs and financial targets. Another point worth noting is that PLUG stock has a short interest of 28%. I believe that a massive short-squeeze rally is impending and the stock can quickly double from oversold levels. Source: T. Schneider / Shutterstock.com Solid Power(NASDAQ:SLDP) stock has been depressed for an extended period. I however believe that a reversal is impending in 2024. Further, if business developments remain positive, the stock is poised for multibagger returns. Last month, Solid Power reported Q3 2023 results and announced that the company has made firstA-1 EV cell deliveriestoBMW(OTCMKTS:BMWYY) to formally enter automotive qualification. It’s worth mentioning here that in December 2022, Solid Power licensed its cell design and technology to BMW for parallel research and development. This can potentially help in accelerating the commercialization of solid-state batteries. Further, with partners likeFord(NYSE:F) and BMW, the Company is far from being just a speculative bet. Of course, with commercialization unlikely before 2026, SLDP stock price action has been depressed. I, however, expect a strong reversal if the automotive qualification process delivers positive results. Source: Olena Yakobchuk / Shutterstock Yatra Online(NASDAQ:YTRA) stock trades at a market valuation of around $98 million. I would bet on 10-bagger returns from this online travel booking company from India. There are multiple reasons to be bullish. First, the Indian travel and tourism market has a robust growth outlook. With a swelling middle-class and growing corporate sector, Yatra has multiple avenues to pursue growth. To put things into perspective, Yatra has acustomer base of 800 large corporationswith an addressable employee base of more than seven million. This is just for the business-to-business segment. Yatra Online also has end-to-end travel solutions for business-to-consumer. For Q2 2024, Yatra reported 14% year-on-year (YOY) revenue growth with an EBITDA margin of 3.6%. I expect revenue growth to accelerate coupled with margin expansion as tourism gains traction after the pandemic. Yatra is well positioned to benefit from positive industry tailwinds. Source: Wirestock Creators / Shutterstock.com Blade Air Mobility(NASDAQ:BLDE) is another interesting pick from the micro-cap penny stocks space. The company is a provider of air transportation alternatives around congested ground routes in the United States. The first point to note is that for Q3 2023, Blade Air reported robust revenue growth of 56% on a YOY basis. Further, the flight margin was healthy at 22%. With an asset-light model and strong demand, I expect robust revenue growth to sustain coupled with improvement in EBITDA margin. I must add here that the MediMobility Organ Transport segment is the largest dedicated air transporter of human organs for transplant in the United States.  This segment has been akey growth driver. My point is that being in a business of necessity, it’s likely that the segment will continue to boost growth. Besides healthcare, the company has partnerships with corporations in the hospitality, technology, fashion, beauty, transportation, and entertainment segments. Therefore, there is a big addressable market and potential for multi-fold revenue growth. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • The #1 AI Investment Might Be This Company You’ve Never Heard Of • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post7 Penny Stocks to Turn $100,000 Into $1 Million: December 2023appeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/Jwelz90', '"Bitcoin Standard" is overrated.', 302, '2024-01-14 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/', 'This is obviously my personal opinion. \n\nI just finished reading it for the second time and I\'m honestly shocked it gets as much love as it does. The first time I read it was a couple years back and I thought maybe I just didn\'t appreciate it enough.\n\nDecent book that I don\'t regret reading? Absolutely. But is it some soul saving piece of literature written by a coin creating long haired Mosiah-oshi himself, like made out to be in here? Absolutely not. \n\nGuy sounds like a prick who thinks he\'s way smarter than anyone who dares to try to walk on the water above economics like he does.\n\nI guess I\'d still say its a "should" read for anyone wanting to become a serious long term investor into BTC. But I\'d say the same about any book that can expand your knowledge on what you\'re investing in. \n\nOk. Unnecessary rant over. I honestly have no idea why I felt so compelled to take the time to type this.\n\nGoing back to not knowing f*** about s***.\n\nShalom and Amen.', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/', '1961xnb', [['u/Boogyin1979', 55, '2024-01-14 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqt0p0/', 'Unless Saif has blocked you on Twitter: are you even a Bitcoiner?\n\nSeriously, being an expert in Austrian Economics does not make you an expert on all topics. He’s hard to listen to.', '1961xnb'], ['u/Shaykh_Hadi', 51, '2024-01-14 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqt48q/', 'It’s an essential introduction to Bitcoin and Austrian economics.', '1961xnb'], ['u/StumbleMyMirth', 328, '2024-01-14 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqt6s7/', 'Agreed. \n\nLyn Alden’s new book “Broken Money” should be the new “go to” book.', '1961xnb'], ['u/ElephantEarTag', 20, '2024-01-14 01:23', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqtn10/', 'He made some very good points, but I stopped taking him seriously when he started saying ridiculous things like the music made while currency was tied to gold was better than after. The Beatles were better than Beyonce, or something stupid like that. Lost a little bit of credibility.', '1961xnb'], ['u/donegonedidit', 122, '2024-01-14 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqu09l/', 'Officially the best book in Bitcoin. She is brilliant.', '1961xnb'], ['u/HumanitiesEdge', 16, '2024-01-14 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khque2g/', 'David Grabers book, Debt: the first 5000 years, is also a good read into the long history of money.', '1961xnb'], ['u/lordsamadhi', 27, '2024-01-14 01:37', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqvxe7/', 'Came here to say this. Your comment needs more upvotes. "Broken Money" is fire.', '1961xnb'], ['u/Jaxelino', 57, '2024-01-14 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqw9n0/', 'I basically thought the same and yet I\'d still recommend it as a starter book.\n\nWe don\'t have to agree on "everything" that a person is openly expressing in a book.\n\nFor example, I really don\'t agree with his ideas that the arts and crafts of humanity were inherently better in the past. Sounded like a gross generalization to me.', '1961xnb'], ['u/BobKurlan', 11, '2024-01-14 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqwdj2/', "Have you read Jeff Booth's work?", '1961xnb'], ['u/throwaway345t632', 31, '2024-01-14 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khqz503/', 'I don\'t think it\'s overrated in the slightest. Underrated.\n\nThe author has a sense of honour and his personality isn\'t to everyone\'s taste. I also disagree with his obsessive political slant. Nevertheless, the translation of Austrian economics to ordinary English, and his demonstration by way of example how Bitcoin is the perfect Austrian economics example, is second to none. He is an economist and his view is worth entertaining and has considerable merit, and is well-reasoned. I regard that book as essential reading. Maybe not very well-written, but I\'ve seen worse.\n\nThat said, Bitcoin is a work in progress. The book is in the unfortunate position of being regarded nowadays like some sort of gospel which can never be challenged. We see this with the likes of popular influencers (shovel sellers in the gold rush) who borrow silly terms from engineering (thermodynamics, push-pull, anything that sounds vaguely technical and impressive to a layperson) and try to repackage this basic concept in a myriad ways, e.g. Lyn Alden. Bruce Lee had something to say about that... A gospel truth? No way. Anyway, a lot of the initial tenets of the Bitcoin advent have been disproved, and new paradigms have emerged. The book focuses on everyday uses and advantages of an absolutely limited deflationary currency. We now see that Bitcoin is a sort of digital gold, and not really a day-to-day currency. It\'s been tried. So your criticism has some justification. It\'s not really a complete summary of what a modern-day investor should think about, when it comes to Bitcoin.\n\nAs Bitcoin is a work in progress, the book does not cover price-finding in a highly volatile environment under various stressors such as market manipulation, nor the challenges posed by the requirement of a technical understanding of Bitcoin. The increasing complexity and depth of knowledge is evident in new developments, such as the ETFs. The book doesn\'t have much "don\'t know - let\'s see how this pans out" in it, and it doesn\'t really serve investors, as such. \n\nLong-term holders from the old days simply can\'t lose holding Bitcoin, because they got it for so cheap. That\'s a minority of people but the most vocal advocates from an "investing" pov. The amount of fiat cash injection to sustain new theses, such as S2F, causing similar price jumps that it did 2009-2021, is not addressed at all in the book.\n\nBut it does hammer home the point about Austrian economics, the necessity and benefits of a sound currency, and the way people are being seriously screwed over by fiat money. In my opinion, I\'ve been balanced in the above, and I\'ve noticed this book get more stick than it deserves. It\'s probably for the best that it isn\'t revered. But I still think it\'s useful and should be read by absolutely everyone on this planet. Criticised heavily, for sure. But read and thought about nonetheless.\n\nThat\'s my verdict.', '1961xnb'], ['u/One_Psychology_6500', 56, '2024-01-14 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khr03w5/', 'Saifedean: “it’s absolutely ridiculous that people who are not experts in Austrian economics, the history of money, and bitcoin would go public with their stupid, uneducated opinions.”\n\nAlso Saifedean: shares layman opinions on a myriad of subjects from nutritional science to climate science..', '1961xnb'], ['u/partly_wave', 15, '2024-01-14 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khr2mxw/', 'I dunno mate. I found it to be a great book. And Saifedeen is all around a good genuine bloke. You may or may not like all his takes, but no one is perfect. \n\nHis book covers one topic really well - and that is the scenarios that could play out with hard money, specifically Bitcoin. And his knowledge and take on history is unique and original.', '1961xnb'], ['u/Gunnar_Peterson', 11, '2024-01-14 02:37', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khr54cd/', "No, it's the best introduction to Bitcoin from an economics perspective, the go to book for bitcoiners.\n\nHe makes some very interesting points that I had never considered before, reddit has just swung too far towsrds being soft and lacking good reasoning skills", '1961xnb'], ['u/gimpycpu', 21, '2024-01-14 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khr5ao3/', 'You forgot to add a few personal insults and swear words in there.', '1961xnb'], ['u/clarkmj91', 36, '2024-01-14 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khr930r/', "I can't upvote this enough.", '1961xnb'], ['u/ianw11', 28, '2024-01-14 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khrdqtt/', '> If you owe someone an abstract favor of no particular type or quantity, then obviously you down owe them anything at all.\n\nimagine unironically thinking this', '1961xnb'], ['u/po00on', 18, '2024-01-14 03:33', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khrdr6b/', "sounds like you missed the point about the music.. he didn't say it was better, he said that musical productions lasted much longer.. ie 10-15 minutes, vs 3 minutes, today. \n\nhis point was that under a gold standard, time preference was much lower than it is today.\n\nhe's likely correct in this observation.", '1961xnb'], ['u/TenshiS', 27, '2024-01-14 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_standard_is_overrated/khrgva7/', "Sorry mate but do you even socialize with people? \n\nIf someone does someone else a favor, there is undeniably a very deep feeling of debt and reciprocity, and a social understanding that there is now some kind of invisible bond between them. \n\nIt's so deeply human that you refusing to acknowledge it is frankly baffling.", '1961xnb'], ['u/acegarrettjuan', 15, '2024-01-14 04:20', 'https://www.reddit.com/r/Bitcoin/comments/1961xnb/bitcoin_sta... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SINGAPORE , Jan. 15, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led an investment round in BeWater . BeWater is a Web3 venture studio and global developer platform that facilitates the development of open-innovation campaigns and events, including hackathons, in just 10 minutes. (PRNewsfoto/OKX Ventures) With over 100 campaigns already underway, BeWater boasts a diverse range of coding languages, including Solidity, Rebase and Move, coupled with various Layer 1 chains and toolkits such as Starknet, Bitcoin and Polkadot. The platform has attracted a remarkable talent pool, with over 25,000 GitHub-certified developers from more than 50 countries. Leveraging their incubation experience and expertise, BeWater\'s Web3 venture studio focuses on supporting early-stage startups and nurturing a robust Web3 product ecosystem. BeWater recently achieved success with the \' ABCDE BTC Hacker Camp \' held in November 2023 . During this event, seven BTC ecosystem projects received oversubscribed funding within just ten days of immersive bootcamps and BTC workshops. OKX Ventures Founder Dora Yue said: "OKX Ventures is committed to empowering the developer community. By supporting Web3 and crypto builders, we aim to drive their growth on a global scale. BeWater\'s vision aligns perfectly with ours, as it seeks to capture the progress achieved through the experience of building from scratch. Together, we aim to advance the widespread adoption of Web3 technology, enhance practical use cases, and deepen engagement in Web3 from Web2. As lead investors in BeWater, we are dedicated to enriching user awareness and amplifying the power of builders as we enter a new era in the crypto and Web3 space." To learn more about BeWater, click here For further information, please contact: [email protected] About OKX Ventures OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million . It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects. Find out more about OKX Ventures here . Story continues Disclaimer Cision View original content to download multimedia: https://www.prnewswire.com/apac/news-releases/okx-ventures-leads-strategic-investment-round-for-bewater-a-web3-venture-studio-and-global-developer-platform-302034250.html SOURCE OKX Ventures View comments', 'SINGAPORE , Jan. 15, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led an investment round in BeWater . BeWater is a Web3 venture studio and global developer platform that facilitates the development of open-innovation campaigns and events, including hackathons, in just 10 minutes. (PRNewsfoto/OKX Ventures) With over 100 campaigns already underway, BeWater boasts a diverse range of coding languages, including Solidity, Rebase and Move, coupled with various Layer 1 chains and toolkits such as Starknet, Bitcoin and Polkadot. The platform has attracted a remarkable talent pool, with over 25,000 GitHub-certified developers from more than 50 countries. Leveraging their incubation experience and expertise, BeWater\'s Web3 venture studio focuses on supporting early-stage startups and nurturing a robust Web3 product ecosystem. BeWater recently achieved success with the \' ABCDE BTC Hacker Camp \' held in November 2023 . During this event, seven BTC ecosystem projects received oversubscribed funding within just ten days of immersive bootcamps and BTC workshops. OKX Ventures Founder Dora Yue said: "OKX Ventures is committed to empowering the developer community. By supporting Web3 and crypto builders, we aim to drive their growth on a global scale. BeWater\'s vision aligns perfectly with ours, as it seeks to capture the progress achieved through the experience of building from scratch. Together, we aim to advance the widespread adoption of Web3 technology, enhance practical use cases, and deepen engagement in Web3 from Web2. As lead investors in BeWater, we are dedicated to enriching user awareness and amplifying the power of builders as we enter a new era in the crypto and Web3 space." To learn more about BeWater, click here For further information, please contact: [email protected] About OKX Ventures OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million . It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects. Find out more about OKX Ventures here . Story continues Disclaimer Cision View original content to download multimedia: https://www.prnewswire.com/apac/news-releases/okx-ventures-leads-strategic-investment-round-for-bewater-a-web3-venture-studio-and-global-developer-platform-302034250.html SOURCE OKX Ventures View comments', "$1.4B Inflows Into Spot Bitcoin ETF After First Two Trading Sessions Spot Bitcoin exchange-traded funds (ETFs), which launched last Thursday, have already attracted a significant amount of investor interest in their first two days, with total inflows reaching $1.4 billion, according to Bloomberg ETF analyst Eric Balchunas. The funds experienced a total of 500,000 trades, racking up trading volumes of around $3.6 billion. However, Balchunas noted that these numbers may be adjusted due to transactions awaiting accounting settlement. Grayscale's ETF, the Grayscale Bitcoin Trust (GBTC), experienced an outflow of $579 million during the period. After deducting the GBTC outflows, the net total inflows across all spot Bitcoin ETFs stood at $819 million. The outflows from GBTC could be attributed to holders converting their shares following the U.S. Securities and Exchange Commission's (SEC) approval of the ETF through a ruling change. Some GBTC holders are reportedly switching to lower-fee options from other fund managers. Grayscale is charging 1.50% while other asset managers like BlackRock are charging 0.25%. GBTC is one of the largest holders of Bitcoin, managing over $27 billion worth of the cryptocurrency. Shares of GBTC have been traded since 2013 but were not redeemable for Bitcoin until January 11. Among the spot Bitcoin ETFs, BlackRock's iShares Bitcoin Trust topped the performance with $497.7 million total flows, followed by Fidelity Advantage Bitcoin ETF with $422.3 million and Bitwise with $237.9 million. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form . View comments", "Spot Bitcoin exchange-traded funds (ETFs), which launched last Thursday, have already attracted a significant amount of investor interest in their first two days, with total inflows reaching $1.4 billion,accordingto Bloomberg ETF analyst Eric Balchunas.\nThe funds experienced a total of 500,000 trades, racking up trading volumes of around $3.6 billion. However, Balchunas noted that these numbers may be adjusted due to transactions awaiting accounting settlement. Grayscale's ETF, the Grayscale Bitcoin Trust (GBTC), experienced an outflow of $579 million during the period. After deducting the GBTC outflows, the net total inflows across all spot Bitcoin ETFs stood at $819 million.\nThe outflows from GBTC could be attributed to holders converting their shares following the U.S. Securities and Exchange Commission's (SEC) approval of the ETF through a ruling change. Some GBTC holders are reportedly switching to lower-fee options from other fund managers. Grayscale is charging 1.50% while other asset managers like BlackRock are charging 0.25%. GBTC is one of the largest holders of Bitcoin, managing over $27 billion worth of the cryptocurrency. Shares of GBTC have been traded since 2013 but were not redeemable for Bitcoin until January 11.\nAmong the spot Bitcoin ETFs, BlackRock's iShares Bitcoin Trust topped the performance with $497.7 million total flows, followed by Fidelity Advantage Bitcoin ETF with $422.3 million and Bitwise with $237.9 million.\nLet us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.", "Spot Bitcoin exchange-traded funds (ETFs), which launched last Thursday, have already attracted a significant amount of investor interest in their first two days, with total inflows reaching $1.4 billion,accordingto Bloomberg ETF analyst Eric Balchunas.\nThe funds experienced a total of 500,000 trades, racking up trading volumes of around $3.6 billion. However, Balchunas noted that these numbers may be adjusted due to transactions awaiting accounting settlement. Grayscale's ETF, the Grayscale Bitcoin Trust (GBTC), experienced an outflow of $579 million during the period. After deducting the GBTC outflows, the net total inflows across all spot Bitcoin ETFs stood at $819 million.\nThe outflows from GBTC could be attributed to holders converting their shares following the U.S. Securities and Exchange Commission's (SEC) approval of the ETF through a ruling change. Some GBTC holders are reportedly switching to lower-fee options from oth **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $836,922,903,300 - Hash Rate: 414808851.1225025 - Transaction Count: 408499.0 - Unique Addresses: 568802.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Viorika / Getty Images/iStockphoto To generate a steady stream of money with little effort , passive income (money not derived from active involvement such as a salary) can be the way to go. While popular approaches to this involve real estate or renting anything from a room to your car, lesser-known methods can also be fruitful. Best Bank Account at U.S. Bank: A Checking Account With Perks and a Waivable Monthly Fee Read: 3 Ways To Recession-Proof Your Retirement For instance, creating a passive income stream from crypto can end up being very beneficial. “There are many ways to increase your holdings in crypto but each one has its pros and cons as well as always carrying some risk, so it needs to be thought of and calculated well,” said Kerel Verwaerde, Chief Marketing Officer of Cryptology.com. Sponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief. Mining According to Ashley Tison, Esq., founder of OZPros, crypto mining (the process by which blockchain networks finalize transactions) is “the ultimate passive investment.” While it does require a significant amount of capital and resources upfront, the crypto mining machines generate crypto assets every minute of every hour of every day — becoming the definition of truly passive income, he said. Staking One of the easiest and most common ways to earn passive income with crypto is by staking, said David Kemmerer, CEO of CoinLedger. “Staking is something that essentially helps to support the blockchain’s operations by confirming transactions. Those who help with this can then earn rewards, which is where that passive income comes from. It takes very little effort on your end,” said Kemmerer. “All you really have to do is own cryptocurrency that specifically uses a proof-of-stake model, and then choose how much of that you want to stake.” In other words, individuals can lock up their crypto on a blockchain and earn rewards for doing this in the form of regular payments of a certain token that can be accumulated or sold on exchanges. Story continues HODLing As Verwaerde explained, buying and keeping your coins until they increase in value (known as “HODLing”) is one of the most tried and true methods. “With many markets being cyclical, buying the main coins — BTC, ETH, etc. — is one of the safest ways but it requires patience,” added Verwaerde. There are many pros to this method, including the potential for high returns and its simplicity. In addition, it enables investors to avoid short-term volatility and in turn, can help you avoid the stress and decision making associated with short-term price fluctuations, said Verwaerde. There are also some cons. For instance, while avoiding short-term volatility, HODLers are exposed to long-term market fluctuations. “Cryptocurrency prices can be highly unpredictable, and the value of your holdings may decrease significantly,” Verwaerde said. In addition, there is also a lack of diversification and if your assets underperform, you might miss out on opportunities to diversify your portfolio and reduce risk. Yield Farming Yield farming is the practice of earning crypto by depositing assets into liquidity pools on DeFi (decentralized finance) platforms and decentralized exchanges (DEXs), such as Uniswap, said Jeff Owens, co-founder of Haven1 — and it is another way to derive passive income from crypto. He explained that it usually requires two different assets to be deposited in a liquidity pool. Learn: 6 Ways To Build Wealth Slowly but Efficiently “The returns can be high — sometimes hundreds of percent — but the risks are also higher due to liquidations as a result of underlying asset volatility,” he said. “Yield farming was extremely popular during the DeFi boom of 2021, but the significant risks deter many crypto users from this practice.” More From GOBankingRates Pocket an Extra $403 Per Month With This Simple Hack 8 Things Frugal People Never Do at the Start of a New Year Experts: Make These 7 Money Resolutions If You Want To Become Rich on an Average Salary How to Earn an Extra $500 a Year on Your Savings This article originally appeared on GOBankingRates.com : How To Create a Passive Income Stream With Crypto... - Reddit Posts (Sample): [['u/Investorghost', '🚨IMPORTANT 🚨', 90, '2024-01-15 00:29', 'https://www.reddit.com/r/Bitcoin/comments/196tp4r/important/', "#Bitcoin\xa0 Spot ETFs had a Total Of \n$819 Million In Net Inflows In 2 Days.\n\nTotal Inflows: $1.4 Billion\nTotal Outflows: $579 Million\n\nThose $579 Million In Outflows Have \nCome From GBTC ONLY Which \nExplains The Reason Behind Dump.\n\nIn The Next 1-2 Weeks, Most Of The \nOutflows From Grayscale Will Stop \nAnd The Same Money Will Enter Into \nOther Spot ETFs.\n\nSo, Hold On To Your BTC And Don't \nPanic.", 'https://i.redd.it/vbm175h1qhcc1.jpeg', '196tp4r', [['u/SmoothGoing', 11, '2024-01-15 00:37', 'https://www.reddit.com/r/Bitcoin/comments/196tp4r/important/khvzqvs/', "How's dumping of GBTC shares explain a reason behind drop in price of bitcoin?", '196tp4r'], ['u/originalrocket', 14, '2024-01-15 01:01', 'https://www.reddit.com/r/Bitcoin/comments/196tp4r/important/khw3pf4/', 'Sold on market. Bought replacement shares OTC.\xa0', '196tp4r'], ['u/Spl00ky', 22, '2024-01-15 01:03', 'https://www.reddit.com/r/Bitcoin/comments/196tp4r/important/khw3ywf/', 'People are selling out of GBTC because their expense ratio is 1.5% vs 0.2-0.25% for the new batch of ETFs', '196tp4r']]], ['u/lostledger', 'Bitcoin divisibility critique', 37, '2024-01-15 00:44', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/', 'What exactly is the critique here? I see this so many times from bitcoin critics and every time bitcoiners reply with the pizza example. What is the disconnect here?\n\nPlease refrain from arguments like "Bitcoin has no value so it doesnt matter if you divide it, etc". Just what exactly is the point of saying because something is divisible its not scarce?\n\nHope you guys can explain.', 'https://i.redd.it/l9jygy3rshcc1.jpeg', '196u1w5', [['u/SilentButDeadlySquid', 33, '2024-01-15 00:58', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khw362t/', 'I am not sure I had ever seen that argument made before and it seems like a bad one. It seems like they are saying because a $100.00 can be broken down into 10,000 pennies there is an infinite number of them or something. Unless they change the number of Satoshi\'s per BTC I don\'t think it is a valid critique. If they did, it would not be any different than the existing "money printing" scheme they hate so much. Maybe I am missing something.\n\nNo, the argument against it is that a deflationary currency is horrible. I mean it would be great for all the BTC HODL\'ers now because they have what they have and the rest of us get to buy it at whatever price we deserve which will require us to be essentially their slaves. Instead of fixing the issues that their esteemed prophet saw they instead want to become the new globaly 0.01% and eat cake while the rest of us starve.', '196u1w5'], ['u/NakamotoScheme', 33, '2024-01-15 01:12', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khw5hnd/', 'Bitcoin balances are kept in the blockchain as an integer number of satoshis. Since 1 BTC is 100 000 000 sat, it means there are not really 21 million "units" but 2100 trillion units (sats).\n\nThe argument, then, is that something for which there are 2100 trillion units is difficult to call "scarce".\n\nI adhere to the school of Jorge Stolfi, who once said cryptocurrencies are like a "NFT of the empty string", with just a serial number attached to them. In this sense bitcoin is not scarce at all.', '196u1w5'], ['u/lostledger', 11, '2024-01-15 01:18', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khw6nen/', 'But does the number of units matter when you call something scarce? I thought what matters is how closely it adheres to that said number of units and how easy/difficult is it to make more of the said units.\n\nLike gold is pretty abundant such that every person at some time had some gold but we consider it scarce because its difficult to get more gold into circulation.', '196u1w5'], ['u/beernutmark', 10, '2024-01-15 01:19', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khw6uvm/', "Ok. Let's look at how divisibility is different for different things and how it importantly depends on what the utility of the item is. \n\nYou referred to the pizza argument. Let's also add a new element, a car. And also to help clarify the argument let's assume everything is taking place on a small island of 100 people. It is trivial to understand how easily this argument can be expanded to a planet (simply a larger island) with billions of people.\n\nOk, so on our island we only have 1 car, 1 pizza and 1 Bitcoin.\n\nThe car has a utility: to move people around the island.\n\nThe pizza has a utility: to feed people on the island.\n\nThe bitcoin has a utility: to allow commerce on the island. \n\nIf we take that car and try to divide it into pieces the utility is immediately destroyed. Because of this, the value becomes worthless. What would you pay for 1/2 of the car? On this island I'd pay nothing as it cannot perform any useful task. The car was a scarce commodity and had value. It cannot be divided at all without destroying both it's value and it's scarcity. In this case one and only one person can own the car. This makes the car very valuable to the island residents. Specifically because it is scarce and useful. \n\nLet's now split up the pizza. In this case we can split it up within reason and the parts are still useful. However, again there is a limit. What value would you place on 1/8th of the pizza? Probably about an 1/8th or so of the value of the entire pizza. What about 1 millionth of the pizza? Probably worth nothing to you as you would most likely need a microscope to even see it. So, those pieces of pizza are in fact scarce and that, plus the great flavor and nutrition, give it a large value. \n\nNow let's look at the Bitcoin. Well, we only have one but many people need to do transactions. Ok, let's split up the Bitcoin into 100 parts. This is trivially easy because Bitcoin is a digital currency. Now each person has a piece. The important part is that each of these pieces has the same functionality as the original. Each part is exactly as useful as a medium of exchange. Exactly as useful as the original in fact. \n\nNow each person wants to do more transactions and needs a smaller unit so they can do more than one single transaction. Ok. We can continue dividing the Bitcoin into smaller and smaller parts and they still have a utility and still function as a currency. Divide it into a billion parts? No problem. Each part still has the same utility it's simply worth a billionth of the total. \n\nHeck, we can also simply invent Bitcoin2.0 and it also functions exactly the same as a currency and we can again divide it up as much as we would like and each part still operates as a unit of exchange. \n\nThe important point here is that there is no scarcity to the Bitcoin. Everyone can have some. The value of it bares no relationship to the number we started with. We could have started with 2 or 20 or 2 trillion and everything stays the same. The value simply does not depend on the quantity at all as it is infinitely divisible and you can make infinite copies.\n\nFinally, think about a shared Google spreadsheet, not far off from what Bitcoin is (a shitty and slow spreadsheet to be fair). If you are doing calculations in one cell does it matter at all if someone else adds many new rows? Does it affect the usefulness of your part? What about if they add a whole sheet? \n\nThere is a big difference between actually scarce goods and those that are not. Cells in a crappy append only spreadsheet are not.", '196u1w5'], ['u/NakamotoScheme', 20, '2024-01-15 01:26', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khw7z56/', 'I see your point. We could measure gold in kilograms, and there would be a number of kilograms to buy, but we could also measure gold in atoms, in which case there would be a much bigger number to consider.\n\nThe problem is that gold has utility in the real world, and to do certain things with it you need some minimum amount of it, while the "scarcity" of bitcoin is completely artificial, as it would only involve to change a line in the code for those 2100 trillion units to become 4000 trillion units, or 10000 trillion units, or whatever amount they wanted.\n\nSo, maybe the word "scarce" is completely meaningless when we are talking about bitcoin (or cryptocurrencies in general).', '196u1w5'], ['u/beernutmark', 15, '2024-01-15 01:48', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khwbho3/', '\n>Just like how a stock split doesnt dilute the shareholders, similarly this change wont dilute bitcoin holders.\n\nThe massive difference between a stock split and splitting cryptocurrency is that the stock has an underlying thing supporting its value. The company, its assets and the profits it can generate from those assets. No such thing exists for cryptocurrency.', '196u1w5'], ['u/OpsikionThemed', 17, '2024-01-15 01:49', 'https://www.reddit.com/r/Buttcoin/comments/196u1w5/bitcoin_divisibility_critique/khwboly/', 'You don\'t "buy" a currency. You get *paid* in a currency, and you *pay for* things with it. \n \nAnd the problem with deflationary currencies is that poor people don\'t have much in the way of assets. Most of *most* people\'s income goes to things like rent and food. Prices, as a matter of empirical fact, are very resistant to decreasing. So people will see the effective cost of everything going up, and most of them *can\'t* save, because they\'re already spending most of their incomes just staying alive. Meanwhile, if you\'re a landlord, you already have assets, and you\'re getting more and more from your tenants. Effectively, a deflationary currency is a massive transfer of wealth from the poor to the rich. \... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook SINGAPORE, Jan 16 (Reuters) - Asian shares dropped to a one-month low, U.S. stock futures fell and the dollar rose on Tuesday as hawkish remarks from central bankers tempered expectations for interest rate cuts and traders waited to hear from the Fed\'s influential Christopher Waller. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1% to its lowest since mid-December. Japan\'s Nikkei looked set to snap a sharp six-session winning streak with a 0.7% dip away from Monday\'s 34-year high. U.S. markets were closed for a holiday on Monday, but S&P 500 futures were 0.4% lower in Asia trade, Fed fund futures fell - reflecting a slight cooling in interest rate cut expectations - and short-term Treasury yields rose. Two-year yields were up 6.5 basis points in early Tokyo trade and tugged the dollar to one-month highs on the risk-sensitive Australian and New Zealand dollars. On Monday European bonds were sold after European Central Bank officials pushed back on market bets on rate cuts. Bundesbank President Joachim Nagel said it was too early to discuss cuts and Austrian central bank governor Robert Holzmann warned not to bank on a cut at all this year. "The upshot ... was to see money markets scaling back the implied probability of a 25 bp ECB cut in March to 26% from 40%," said NAB currency strategist Ray Attrill. Two-year German bunds rose more than 7 bps to 2.6% and 10-year bunds rose 5.4 bps to 2.2%, lending support to the euro, which climbed to a three-week high against the Swiss franc. A stronger dollar pushed the euro about 0.3% lower to a one-week trough on the greenback at $1.0918 on Tuesday. The Australian and New Zealand dollars dropped 0.6% each, with the Aussie falling through its 50-day moving average to $0.6620 and the kiwi down to $0.6161. IOWA AND INTEREST RATES Policy and politics top the radar for the rest of the session. Donald Trump muscled past his rivals to capture the first 2024 Republican presidential contest in Iowa on Monday, according to Edison Research projections, as expected. Story continues His candidacy is likely to stir volatility in markets. Federal Reserve Board Governor Waller\'s speech on the economic outlook at 1600 GMT, meanwhile, is to be closely watched since market\'s had so heartily cheered a shift in his hawkish views in November, when he laid out a path to cuts. "Recall, Waller was responsible for setting up the rally in U.S. equities (when) he gave a defined path by which the Fed could ease," said Pepperstone analyst Chris Weston. "The risk for gold, Nasdaq 100 longs and U.S. dollar shorts is that he pushes back on market pricing for a March cut and shows a lack of urgency to normalise policy." Gold steadied at $2,052 an ounce, holding on to gains from last week. Elsewhere in commodities, iron ore extended falls to touch more than five-week lows in Singapore, dragging on share prices for Australia-listed miners. Houthi forces in Yemen struck a U.S.-owned and operated dry bulk ship with an anti-ship ballistic missile on Monday though oil, which has been supported by the instability in the shipping lane, gave no immediate reaction. Brent crude futures were last down 0.1% to $78.05 a barrel. On the data front, Australian consumer sentiment took a turn for the worse in January as higher mortgage rates stoked concerns over finances. Japan\'s wholesale inflation was flat in December from a year earlier, slowing for the 12th consecutive month, taking pressure off the Bank of Japan to raise rates. Bitcoin was steady at $42,600. (Reporting by Tom Westbrook; Editing by Christopher Cushing)', 'By Tom Westbrook\nSINGAPORE, Jan 16 (Reuters) - Asian shares dropped to a one-month low, U.S. stock futures fell and the dollar rose on Tuesday as hawkish remarks from central bankers tempered expectations for interest rate cuts and traders waited to hear from the Fed\'s influential Christopher Waller.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan fell 1% to its lowest since mid-December. Japan\'s Nikkei looked set to snap a sharp six-session winning streak with a 0.7% dip away from Monday\'s 34-year high.\nU.S. markets were closed for a holiday on Monday, but S&P 500 futures were 0.4% lower in Asia trade, Fed fund futures fell - reflecting a slight cooling in interest rate cut expectations - and short-term Treasury yields rose.\nTwo-year yields were up 6.5 basis points in early Tokyo trade and tugged the dollar to one-month highs on the risk-sensitive Australian and New Zealand dollars.\nOn Monday European bonds were sold after European Central Bank officials pushed back on market bets on rate cuts.\nBundesbank President Joachim Nagel said it was too early to discuss cuts and Austrian central bank governor Robert Holzmann warned not to bank on a cut at all this year.\n"The upshot ... was to see money markets scaling back the implied probability of a 25 bp ECB cut in March to 26% from 40%," said NAB currency strategist Ray Attrill.\nTwo-year German bunds rose more than 7 bps to 2.6% and 10-year bunds rose 5.4 bps to 2.2%, lending support to the euro, which climbed to a three-week high against the Swiss franc.\nA stronger dollar pushed the euro about 0.3% lower to a one-week trough on the greenback at $1.0918 on Tuesday.\nThe Australian and New Zealand dollars dropped 0.6% each, with the Aussie falling through its 50-day moving average to $0.6620 and the kiwi down to $0.6161.\nIOWA AND INTEREST RATES\nPolicy and politics top the radar for the rest of the session.\nDonald Trump muscled past his rivals to capture the first 2024 Republican presidential contest in Iowa on Monday, according to Edison Research projections, as expected.\nHis candidacy is likely to stir volatility in markets.\nFederal Reserve Board Governor Waller\'s speech on the economic outlook at 1600 GMT, meanwhile, is to be closely watched since market\'s had so heartily cheered a shift in his hawkish views in November, when he laid out a path to cuts.\n"Recall, Waller was responsible for setting up the rally in U.S. equities (when) he gave a defined path by which the Fed could ease," said Pepperstone analyst Chris Weston. "The risk for gold, Nasdaq 100 longs and U.S. dollar shorts is that he pushes back on market pricing for a March cut and shows a lack of urgency to normalise policy."\nGold steadied at $2,052 an ounce, holding on to gains from last week.\nElsewhere in commodities, iron ore extended falls to touch more than five-week lows in Singapore, dragging on share prices for Australia-listed miners.\nHouthi forces in Yemen struck a U.S.-owned and operated dry bulk ship with an anti-ship ballistic missile on Monday though oil, which has been supported by the instability in the shipping lane, gave no immediate reaction.\nBrent crude futures were last down 0.1% to $78.05 a barrel.\nOn the data front, Australian consumer sentiment took a turn for the worse in January as higher mortgage rates stoked concerns over finances. Japan\'s wholesale inflation was flat in December from a year earlier, slowing for the 12th consecutive month, taking pressure off the Bank of Japan to raise rates.\nBitcoin was steady at $42,600.\n(Reporting by Tom Westbrook; Editing by Christopher Cushing)', '(Bloomberg) -- HashKey Group, operator of one of Hong Kong’s two licensed crypto exchanges, said it raised nearly $100 million in a funding round and is now a so-called unicorn with a valuation exceeding $1 billion.\nMost Read from Bloomberg\n• Blinken’s Return From Davos Was Delayed After Plane Broke Down\n• YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix\n• Pakistan’s Army Strikes Back at Iran as Both Sides Urge Calm\n• Airstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red Sea\n• Trump Asks Supreme Court to Keep Him on Colorado Ballot\nThe company said in a statement on Tuesday that existing and new investors contributed the funding but refrained from identifying them. The money will be used to build out a web3 ecosystem as well as licensed products in Hong Kong, the firm said. HashKey added its valuation lies north of $1.2 billion.\nOKX Ventures — the investment arm of the OKX digital-asset exchange — is among the lead investors in the round, people familiar with the matter said, asking not to be identified as the information isn’t public. Representatives at OKX and HashKey declined to comment.\nHashKey’s activities include the trading platform, venture funding and asset management in Hong Kong and Singapore. It’s one of a number of crypto businesses seeking to tap into Hong Kong’s push to foster a digital-asset hub. Bloomberg News reported in May that HashKey was in talks to raise $100 million to $200 million at a valuation above $1 billion, according to people familiar with the matter.\nCrypto Venture Capital\nCrypto startup funding slumped after a 2022 market rout and bankruptcies such as the collapse of the FTX exchange. Token prices revived over the past 12 months, partly on optimism over the first spot Bitcoin exchange-traded funds in the US. The rebound has stirred hopes of an improved venture capital outlook.\nHong Kong rolled out a dedicated virtual-asset regulatory framework in June, part of an effort to restore its luster as a cutting-edge financial center. The rules seek to woo companies but also focus on investor protection.\nUnder the regime, retail investors can trade major tokens like Bitcoin and Ether on licensed exchanges. BC Technology Group Ltd.’s OSL and HashKey Exchange are the only platforms with Hong Kong crypto permits at the moment. The city is open to allowing spot crypto exchange-traded funds and rules for stablecoins — tokens meant to have a constant value — are also due in the months ahead.\nHong Kong’s Outlook\nWhile Hong Kong offers a local market and a conduit to Chinese wealth, it remains unclear just how many crypto exchanges the city can really support — and whether officials will retain crypto as a priority longer te **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $840,405,048,175 - Hash Rate: 454834266.5816914 - Transaction Count: 470122.0 - Unique Addresses: 569684.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks slipped on Wednesday amid fresh signs of economic malaise, asoil prices hit lowsnot seen since June and investorslooked to datathat signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, asthe ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday'ssoft reading on jobs openingsbolstered optimism for a Fed pivot to cutting interest rates. Marketsare pricing inat least 100 basis points of cuts next year. But doubts about policy remain, with strategists warning thosebets look "overdone." Oil prices hit a five-month low on Wednesdayas new data showed further signs of weak demand.West Texas Intermediate (CL=F) fell 4%, settling at $69.38 per barrel. Brent (BZ=F) crude, the international benchmark price, was down more than 3.6%, closing at $74.30 per barrel level. Read more:What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards Meanwhile, bitcoin (BTC-USD) brieflysurged past $44,000asmore retail investors dived inand embraced hopes for rate cuts and coming spot bitcoin ETFs. The leading digital asset has since given up those gains, coming off notching a six-day win streak, its longest since May, on Tuesday. Click here for in-depth analysis of the latest stock market news and events moving stock prices. 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:** ['(Bloomberg) -- Apple Inc. is opening its US App Store to allow outside payment options after the Supreme Court refused to consider the company’s appeal in an antitrust suit challenging its practices.\nMost Read from Bloomberg\n• Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump\n• Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk\n• Gloom Over China Assets Is Spreading Beyond Battered Stocks\n• Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him\n• Putin Orders Hunt for Property of Russian Empire, Soviet Union\nThe company plans to let all third-party apps sold in the US include an outside link to a developer website to process payments for in-app purchases. That will bypass Apple’s own payment system, which charges developers a commission of either 15% or 30%. Still, the iPhone maker said it would attempt to collect a 12% or 27% revenue share from developers that opt out of the Apple system.\nThe Supreme Court decision let stand a 2023 appeals court ruling that found Apple’s business model didn’t violate antitrust laws, but that it did flout California’s Unfair Competition Law by limiting the developers ability to communicate about alternate payment systems that may cost less.\nBoth Apple and Fortnite maker Epic Games Inc. had asked the court to hear an appeal related to the case. The justices turned down the appeals without explanation.\nApple shares slid as much as 2.7% after the court’s announcement before paring their decline. The stock was down 1.2% to $183.63 at the close in New York.\nDevelopers will need to apply for an “entitlement” to be able to use outside payments systems. Apple previously allowed reader apps — a category that includes video streaming and book reading applications — to point users to the web to sign up for subscriptions. Apple will warn customers when they press a link to conduct purchases outside the App Store before letting them proceed.\n“As of today, developers can begin exercising their court-established right to tell US customers about better prices on the web,” Epic Chief Executive Officer Tim Sweeney said in a thread on the social media site X, formerly known as Twitter.\nBut he took issue with Apple’s plan to charge what he called a “27% tax” on web transactions. If app developers have to pay that fee to Apple and a cut of 3% to 6% to third-party payment processors, they can’t afford to offer lower costs to consumers, he said. Sweeney also described Apple’s planned warning to customers as a “scare screen.”\n“Epic will contest Apple’s bad-faith compliance plan in District Court,” he said.\nBillions of dollars are at stake. In app spending is forecast to reach $182 billion this year and $207 billion in 2025, according to research firm Sensor Tower. And competitors are ready to steal a piece of it: Microsoft Corp. has said that it’s already in talks to launch a mobile app store focused on gaming.\nThe 9th US Circuit Court of Appeals last year largely affirmed a lower-court judge’s 2021 decision largely rejecting claims by Epic that Apple’s online marketplace policies violated federal antitrust law because they ban third-party app marketplaces on its operating system. The appeals court also upheld a federal judge’s ruling that the iPhone maker’s practices don’t violate federal antitrust law, rejecting the bulk of Epic’s case against Apple’s App Store.\nThat decision had been on hold while the Supreme Court appeals were pending. The high court’s decision ended a temporary stay in the case.\nThe Epic case was the first to challenge Apple’s lucrative App Store system, which rakes in billions of dollars each year. In the interim, the company has come under serious pressure around the world, including in Europe where competition enforcers have two antitrust cases pending against the tech giant. EU authorities are expected to fine the company later this year for allegedly using its App Store rules to thwart music-streaming rivals like Spotify Technology SA.\nIn a separate Epic suit in December, a jury found that Alphabet Inc.’s Google unfairly wields monopoly power in its Android app store. Google has said it plans to appeal, but key legislation in Europe — as well as investigations in the US and UK and an expected wave of follow-on lawsuits — will keep pressure on the tech giants’ app store duopoly.\nThe cases are Apple v. Epic, 23-244, and Epic v. Apple, 23-337.\n(Updates with Epic Games’ response in eighth paragraph. A previous version of the story corrected a reference to Spotify’s name.)\nMost Read from Bloomberg Businessweek\n• The Downfall of Diddy Inc.\n• How Sweden Quit Smoking Without Quitting Nicotine\n• The Bitcoin Hype Is Back and About Just as Hollow as Before\n• Japan’s Market Roars Back to Life—With Old-Timers Leading the Way\n©2024 Bloomberg L.P.', '(Bloomberg) -- Apple Inc. is opening its US App Store to allow outside payment options after the Supreme Court refused to consider the company’s appeal in an antitrust suit challenging its practices. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him Putin Orders Hunt for Property of Russian Empire, Soviet Union The company plans to let all third-party apps sold in the US include an outside link to a developer website to process payments for in-app purchases. That will bypass Apple’s own payment system, which charges developers a commission of either 15% or 30%. Still, the iPhone maker said it would attempt to collect a 12% or 27% revenue share from developers that opt out of the Apple system. The Supreme Court decision let stand a 2023 appeals court ruling that found Apple’s business model didn’t violate antitrust laws, but that it did flout California’s Unfair Competition Law by limiting the developers ability to communicate about alternate payment systems that may cost less. Both Apple and Fortnite maker Epic Games Inc. had asked the court to hear an appeal related to the case. The justices turned down the appeals without explanation. Apple shares slid as much as 2.7% after the court’s announcement before paring their decline. The stock was down 1.2% to $183.63 at the close in New York. Developers will need to apply for an “entitlement” to be able to use outside payments systems. Apple previously allowed reader apps — a category that includes video streaming and book reading applications — to point users to the web to sign up for subscriptions. Apple will warn customers when they press a link to conduct purchases outside the App Store before letting them proceed. “As of today, developers can begin exercising their court-established right to tell US customers about better prices on the web,” Epic Chief Executive Officer Tim Sweeney said in a thread on the social media site X, formerly known as Twitter. Story continues But he took issue with Apple’s plan to charge what he called a “27% tax” on web transactions. If app developers have to pay that fee to Apple and a cut of 3% to 6% to third-party payment processors, they can’t afford to offer lower costs to consumers, he said. Sweeney also described Apple’s planned warning to customers as a “scare screen.” “Epic will contest Apple’s bad-faith compliance plan in District Court,” he said. Billions of dollars are at stake. In app spending is forecast to reach $182 billion this year and $207 billion in 2025, according to research firm Sensor Tower. And competitors are ready to steal a piece of it: Microsoft Corp. has said that it’s already in talks to launch a mobile app store focused on gaming. The 9th US Circuit Court of Appeals last year largely affirmed a lower-court judge’s 2021 decision largely rejecting claims by Epic that Apple’s online marketplace policies violated federal antitrust law because they ban third-party app marketplaces on its operating system. The appeals court also upheld a federal judge’s ruling that the iPhone maker’s practices don’t violate federal antitrust law, rejecting the bulk of Epic’s case against Apple’s App Store. That decision had been on hold while the Supreme Court appeals were pending. The high court’s decision ended a temporary stay in the case. The Epic case was the first to challenge Apple’s lucrative App Store system, which rakes in billions of dollars each year. In the interim, the company has come under serious pressure around the world, including in Europe where competition enforcers have two antitrust cases pending against the tech giant. EU authorities are expected to fine the company later this year for allegedly using its App Store rules to thwart music-streaming rivals like Spotify Technology SA. In a separate Epic suit in December, a jury found that Alphabet Inc.’s Google unfairly wields monopoly power in its Android app store. Google has said it plans to appeal, but key legislation in Europe — as well as investigations in the US and UK and an expected wave of follow-on lawsuits — will keep pressure on the tech giants’ app store duopoly. The cases are Apple v. Epic, 23-244, and Epic v. Apple, 23-337. (Updates with Epic Games’ response in eighth paragraph. A previous version of the story corrected a reference to Spotify’s name.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.', 'By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index hit a fresh one-month high on Wednesday after U.S. retail sales data signaled economic strength, dimming expectations for imminent rate cuts from the Federal Reserve. Retail sales rose 0.6% last month after an unrevised 0.3% gain in November, the Commerce Department\'s Census Bureau said. Economists polled by Reuters had fo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $837,556,443,425 - Hash Rate: 440279570.0510773 - Transaction Count: 449415.0 - Unique Addresses: 647470.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at the day ahead in U.S. and global markets by Samuel Indyk A rollercoaster 2023 that ended with an equity rally on hopes for rate cuts amid slowing inflation has extended into the first trading day of 2024, pushing European stocks to an almost two-year high and bringing U.S. stock market peaks into view. Today's economic calendar looks light, so the theme that has driven markets since the beginning of November looks set to dominate until important U.S. data is released on Wednesday - JOLTs and manufacturing ISM - and the minutes from the Federal Reserve's December meeting. At that meeting, the central bank appeared to make the long-awaited pivot, signaling that tightening of interest rates is likely over and the discussion of rate cuts coming into view. Traders moved quickly to price in easing of policy and, as things stand, are looking for 150 basis points of easing this year, with the first 25 basis-point rate cut almost fully priced for March. Wednesday's minutes will be parsed for clues on whether that pricing is justified, especially as commentary over the holiday period from Fed policymakers has been sparse. It looks set to remain that way this week, apart from speeches from Richmond Fed President Tom Barkin on Wednesday and Friday. Barkin will get to vote on policy this year as the annual reshuffle of voters on the Federal Open Market Committee sees Barkin, Raphael Bostic, Mary Daly and Loretta Mester get a vote, while Austan Goolsbee, Patrick Harker, Neel Kashkari and Lorie Logan rotate out in 2024. How the new composition of voters on the FOMC affects policy this year remains to be seen. For now, European equities are pushing higher with the STOXX 600 trading at a 23-month high and Germany's DAX rising over 1%. The euro zone's banking stocks are leading the rally, jumping as much as 2% and on track for their biggest daily rise since October. Wall Street futures are also pointing to a higher open. With the S&P 500 just 1% from its all-time high, it seems only a matter of time before new peaks are reached for the U.S. benchmark. Story continues The picture in Asia was less rosy with MSCI's broadest index of Asia-Pac shares outside Japan falling 0.6%, led lower by weakness in China and Hong Kong as latest activity data signaled uneven economic recovery. A private sector survey showed China's factory activity expanded at a quicker pace last month, but that contrasted with official data, released on Sunday, that showed manufacturing activity shrank for a third straight month in December. Elsewhere, the dollar is hovering above a five-month low reached at the end of last year, while bond yields in the U.S. and Europe are on the up but remain within striking distance of multi-month lows reached at the end of 2023. Bitcoin has also begun the new year in a similar fashion to how it ended the last, storming above $45,000 for the first time since April 2022. Key developments that should provide more direction to U.S. markets later on Tuesday: * U.S. final S&P global manufacturing PMI * U.S. 3-, 6-month bill auctions (Reporting by Samuel Indyk; Editing by Ed Osmond)... - Reddit Posts (Sample): [['u/marcio-a23', 'Miners have zero clue about bitcoin, they are dumping all their inventory just before the biggest bull market in the history of mankind in all known and unknown universes', 22, '2024-01-17 00:24', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/', 'Try to understand these images, they are really money to hodlers.', 'https://www.reddit.com/gallery/198hc93', '198hc93', [['u/srpoke', 171, '2024-01-17 00:36', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki79slm/', 'They do have to pay bills.', '198hc93'], ['u/GameArchitech', 15, '2024-01-17 00:39', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7ab3q/', 'I’m not a miner, but I believe that to some of then (if not most), mining is a business first, passion (?) second.', '198hc93'], ['u/Own_Television_6424', 16, '2024-01-17 00:40', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7adr4/', 'Don’t this happen with every halving?', '198hc93'], ['u/Physical-State3960', 10, '2024-01-17 00:46', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7bbjr/', 'Gotta pay the bills!', '198hc93'], ['u/lifeanon269', 43, '2024-01-17 00:47', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7bleg/', "This is just evidence that the mining industry's margins are getting tighter and the competition becoming stronger. An increasing portion of miners' revenue must be spent to keep the business running.", '198hc93'], ['u/Disastrous-Dinner966', 22, '2024-01-17 00:59', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7dek0/', "Come on, that outflow spike a few days ago looks like a bit more than bill paying. It's one of the biggest in history.", '198hc93'], ['u/StatisticalMan', 40, '2024-01-17 01:14', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7ftsd/', "Hashrate is at an alltime high. You can consider hashrate a loose proxy for cost per coin. Price is not at an all time high. Miners are being squezed between highest ever hashrate and prices which while they have gone up haven't gone up as fast as hashrate. They need to sell more of the daily mined coins to cover costs. If prices spiked and hashrate didn't they would need to sell less coins to cover their costs.", '198hc93'], ['u/ZeFGooFy', 12, '2024-01-17 01:27', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7hsfc/', 'Most likely they know exactly what they are doing', '198hc93'], ['u/anonwasm', 35, '2024-01-17 01:36', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7j9vi/', 'to be fair miners probably have an \\*above average\\* knowledge about btc', '198hc93'], ['u/Defusion55', 37, '2024-01-17 01:43', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7kedc/', 'I bet they have a bigger clue than both you and I combined.\n\nWhos to say they aren\'t putting fat down payments on a massive Army of ASICS to prepare to out hash the competition when the halvening hits? \n\nWhos to say they aren\'t stocking up on Cash now rather than when BTC balloons so they don\'t have to worry about bills throughout the entirety of the halvening?\n\nWhos to say they aren\'t trying to get cash to invest in hedges or ETFs themselves.\n\nI mean I really doubt this is a "zero clue about bitcoin" situation when their entire business is based on BTC. \n\nBut I guess I could be wrong!', '198hc93'], ['u/AR1A-KS', 34, '2024-01-17 02:10', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7opwr/', 'You have no idea what you are saying, miners are selling off loads so they can prepare to upgrade their equipment BEFORE the halving. After the halving the slower miners will have to struggle with a lower yield with previous gen equipment and would have to pay a premium for the hardware due to the miners that are selling now buying up all of the newer hardware.', '198hc93'], ['u/EitherInvestment', 72, '2024-01-17 02:33', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7s90x/', 'OP should read “I have zero clue about mining”', '198hc93'], ['u/EitherInvestment', 16, '2024-01-17 02:34', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7sf13/', 'More than OP clearly', '198hc93'], ['u/Bongressman', 10, '2024-01-17 02:54', 'https://www.reddit.com/r/Bitcoin/comments/198hc93/miners_have_zero_clue_about_bitcoin_they_are/ki7vmur/', 'This happens every time at this point in the cycle. They sell BTC, to pay bills and massively invest in upgrading equipment. They have to upgrade to the newest, most efficient gear to be competitive once the halving hits.\n\nNew gear comes online after the halving, hash rate then spikes a few months later, miners begin hoarding BTC to drive the price back up.\n\nHappens. Every. Cycle.', '198hc93']]], ['u/Lazy-Cardiologist495', 'NYC Subway Line Tierlist (53rd Street Reroute)', 37, '2024-01-17 01:09', 'https://www.reddit.com/r/nycrail/comments/198idqd/nyc_subway_line_tierlist_53rd_street_reroute/', 'This tierlist goes from left to right. For instance in S tier, the 7 is the best line which means it is the best and the 6 is the worst line in S tier. Here is my reason for why I rank each line.\n\nS TIER (Excellent)\n\n7: CBTC, ATO, frequent headways. I do not think I even need to explain why it is here.\n\nL: Same as above but if there is a delay, it can mess up some of the line due to there only being 2 tracks.\n\n6: The best local line in the system. It runs amazing headways but there can be conflicts at Parkchester and it runs older cars.\n\n&#x200B;\n\nA TIER (Good)\n\n4: It handles Lexington express pretty nicely. The headways in Jerome can be iffy sometimes though.\n\nE: Although it has reduced service, this line still runs frequently and handles QBL express well. The only reason why this is not in S tier is because of its weekend headways.\n\n1: Pretty frequent local line. I have been noticing that it has slowly been getting worse over the past few months and the fleet it runs is older and they brake down more often. 9 minute gaps on this line are rare but they are starting to happen more frequently.\n\nF: Along with the E, this line handles QBL express well. Once Culver CBTC comes in, they will probably be equal. The only thing that brings it down lower than the E is because of the weekend headways and the weekday headways being longer.\n\nC: You may be surprised but this line has been killing it lately. You might get a 12 minute gap here and there but sometimes this line cooks and runs trains every 3-7 minutes (weekdays) and it is pretty decent during rush hour. The same can\'t be said about weekends though. For fleet, it runs R46s (meh), R160s, andR179s.\n\nS (42): It does run every 5 minutes but aside from shuttling people back and forth from Times Square to Grand Central, this line really does not have a big purpose except for helping the 7 deal with crowds.\n\n&#x200B;\n\nB TIER (Average)\n\nA: You may wonder why I put this behind the C and that is simply this lines inability to handle 3 terminals. Sure, it does have some pretty nice cars (R179, R211 etc) but the majority of the A trains fleet is R46s. This line is very prone to delays due to it being the longest line in the system (especially in the Rockaways with the bridge opening. Additionally, headways on any of its 3 branches are unforgiving and even when they are together, they sometimes have HUGE gaps for some reason. During rush hour, this is a decent line though (Manhattan).\n\nG: Although it runs 5 car sets, it runs every 7-12 minute which is okay. Just like the F, once Culver CBTC comes in this line will run better.\n\n5: A lot of people hate the 5 for some reason but it is a decent line during rush hour. Other times, you can be waiting 12-15 minutes in the Bronx which is unacceptable.\n\n2: Just like the 5, this line is good during rush hour although sometimes you can be waiting 10+ minutes for a train. Just like the A, the 2 is one of the longest lines in the system which makes it prone to delays. It also runs through some sketchy neighborhoods.\n\nQ: For an express line, the Q is just okay. Its service pattern in unpredictable and it runs CI R46s and R68s. This line would be higher if its headways were better. During the end of PM rush, the Q can sometimes have 9-12 minute gaps. It performs okay for a local line along Brighton.\n\nB: A lot of people give bias to this line just because of Brighton. The B helps out the C and D which I like. The thing that brings this down is that it does not run during weekends (when it is needed). I do not have anything else to say about this.\n\nS: (Franklin): This short shuttle serves its purpose well. It runs every 10 minutes during days. This line does not have much ridership and it just exists to connect the lines it transfers to.\n\nN: If this was 4 years ago, this would have been in A tier. However, the fleet that this line runs is horrible and this line has very long random service gaps which makes it unpredictable. You can sometimes be waiting up to 14 minutes for a train at 6:30PM which is still PM rush.\n\n&#x200B;\n\nC TIER (Bad)\n\nM: I consider this a supplementary line since that is what it is past Myrtle Avenue. This line never runs often and it is never really crowded which is why it is in C tier.\n\n3: Just like the 2, it runs through some iffy neighborhoods. The 3 runs meh service for 7th avenue express service during rush hour and in Brooklyn, trains bunch a lot which is bad.\n\nJ: Very recently, this line started to run more of... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Meta Platforms Inc. director and former Chief Operating Officer Sheryl Sandberg said she will step down from the board this year, exiting her last official role at the social media company she helped grow from a promising internet startup into a digital-advertising stalwart. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg wrote Wednesday in a post on Meta’s flagship Facebook network. “Going forward, I will serve as an adviser to the company, and I will always be there to help the Meta teams.” Sandberg, 54, joined Facebook in 2008 as No. 2 to co-founder Mark Zuckerberg to oversee the fledgling company’s advertising, partnerships, business development and operations, following stints at Google, McKinsey & Co. and the US Department of the Treasury. She left her job as COO of the company, by then rebranded as Meta, in 2022. During her time at the tech giant, which also owns Instagram and WhatsApp, Sandberg was key to turning the social network into a money-making machine and one of the world’s biggest companies. In 2022 Meta brought in almost $117 billion in revenue, most of it from targeted advertising. She often served as the public face of the business, particularly among policymakers and regulators. As criticism of Facebook and its platforms mounted in more recent years, including bruising scandals over lapses in privacy and content moderation, Sandberg increasingly retreated from the spotlight. Read More: Sandberg’s Advertising Empire Leaves a Complicated Legacy “Your dedication and guidance have been instrumental in driving our success,” Zuckerberg wrote in a comment on Sandberg’s Facebook post. “I am grateful for your unwavering commitment to me and Meta over the years.” Story continues It’s unclear if Meta plans to replace Sandberg on the board, which now has eight other members, including Zuckerberg as chairman. A company spokesperson said Meta consistently evaluates how to grow the board, but declined to offer further details. Since leaving the COO role at Meta, Sandberg has spent more time on philanthropic efforts. Her nonprofit organization, LeanIn.Org, launched a program for girls 11 to 15 called Lean In Girls, aiming to teach lessons about resilience, positive risk-taking and leadership. She was also part of a team of investors that brought a women’s professional soccer club to the San Francisco Bay Area last year; the team will play its inaugural season in 2024. Most recently, Sandberg organized an event at the United Nations focused on sexual violence that occurred during the Oct. 7 terrorist attack on Israel. Read More: Sheryl Sandberg Donates $3 Million for ACLU’s Abortion Fight (Updates with Meta’s 2022 revenue, plans for board replacement, Sandberg’s philanthropic work starting in fourth paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.', '(Bloomberg) -- Meta Platforms Inc. director and former Chief Operating Officer Sheryl Sandberg said she will step down from the board this year, exiting her last official role at the social media company she helped grow from a promising internet startup into a digital-advertising stalwart.\nMost Read from Bloomberg\n• China Weighs Stock Market Rescue Package Backed by $278 Billion\n• India Tops Hong Kong as World’s Fourth-Largest Stock Market\n• Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump\n• Hong Kong Stocks at 36% Discount Show True Depth of China Gloom\n• Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout\n“With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg wrote Wednesday in a post on Meta’s flagship Facebook network. “Going forward, I will serve as an adviser to the company, and I will always be there to help the Meta teams.”\nSandberg, 54, joined Facebook in 2008 as No. 2 to co-founder Mark Zuckerberg to oversee the fledgling company’s advertising, partnerships, business development and operations, following stints at Google, McKinsey & Co. and the US Department of the Treasury. She left her job as COO of the company, by then rebranded as Meta, in 2022.\nDuring her time at the tech giant, which also owns Instagram and WhatsApp, Sandberg was key to turning the social network into a money-making machine and one of the world’s biggest companies. In 2022 Meta brought in almost $117 billion in revenue, most of it from targeted advertising.\nShe often served as the public face of the business, particularly among policymakers and regulators. As criticism of Facebook and its platforms mounted in more recent years, including bruising scandals over lapses in privacy and content moderation, Sandberg increasingly retreated from the spotlight.\nRead More: Sandberg’s Advertising Empire Leaves a Complicated Legacy\n“Your dedication and guidance have been instrumental in driving our success,” Zuckerberg wrote in a comment on Sandberg’s Facebook post. “I am grateful for your unwavering commitment to me and Meta over the years.”\nIt’s unclear if Meta plans to replace Sandberg on the board, which now has eight other members, including Zuckerberg as chairman. A company spokesperson said Meta consistently evaluates how to grow the board, but declined to offer further details.\nSince leaving the COO role at Meta, Sandberg has spent more time on philanthropic efforts. Her nonprofit organization, LeanIn.Org, launched a program for girls 11 to 15 called Lean In Girls, aiming to teach lessons about resilience, positive risk-taking and leadership. She was also part of a team of investors that brought a women’s professional soccer club to the San Francisco Bay Area last year; the team will play its inaugural season in 2024.\nMost recently, Sandberg organized an event at the United Nations focused on sexual violence that occurred during the Oct. 7 terrorist attack on Israel.\nRead More: Sheryl Sandberg Donates $3 Million for ACLU’s Abortion Fight\n(Updates with Meta’s 2022 revenue, plans for board replacement, Sandberg’s philanthropic work starting in fourth paragraph.)\nMost Read from Bloomberg Businessweek\n• The Downfall of Diddy Inc.\n• How Sweden Quit Smoking Without Quitting Nicotine\n• The Bitcoin Hype Is Back and About Just as Hollow as Before\n• Japan’s Market Roars Back to Life—With Old-Timers Leading the Way\n©2024 Bloomberg L.P.', "Inccrypto announces its new range of cloud mining services\nBeverley, England, UK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Inccrypto, a notable player in the cloud mining industry, has recently announced its new range of cloud mining services. This announcement aligns with the growing interest in cryptocurrency and the increasing number of individuals exploring ways of making money online through digital currencies.\nInccrypto's approach to cloud mining is straightforward and user-centric. The process begins with a simple sign-up form, enabling users to start mining in less than a minute. Following registration, users can select from various mining contracts, each offering different terms and potential rewards. These contracts are designed to cater to a wide range of preferences, from newcomers to experienced miners.\nInccrypto's mining contracts are diverse, ranging from short-term options like a one-day contract for $50, yielding 0.00002326 BTC per day, to longer commitments like a 30-day contract priced at $68,000, offering daily rewards of 0.03320930 BTC. Each contract is designed to be sold out at 100%, ensuring a consistent and reliable service for all users.\nInccrypto's service portfolio includes BTC free cloud mining and Litecoin cloud mining contracts, among others. Each contract has a fixed term, ranging from one day to longer periods, and is accompanied by detailed information about the contract price and potential daily rewards. These contracts have been met with significant interest, often reaching 100% sale-out rates.\nThe platform prides itself on using the latest ASIC and GPU mining gear, provided by industry leaders such as Bitmain, Canaan, and Nvidia. This adoption of advanced technology ensures efficient mining operations. Inccrypto also emphasizes the stability of profits, with users' income automatically updated daily on their portal.\nRecognizing the importance of security and credibility, Inccrypto ensures robust safety measures, including SSL encryption communication and multi-layer cold storage of coins. The platform's commitment to eco-friendly mining practices is also notable, with its mining equipment and cooling systems powered by monocrystalline solar panels.\nIn addition to its mining services, Inccrypto offers an Affiliate Partner Program. This program allows users to earn a commission by referring new users to the platform. By sharing their referral link, affiliates can earn up to 3% commission based on the initial investment amount of the referred users.\nInccrypto supports a wide range of payment systems for depositing funds and receiving payments, enhancing user convenience. This flexibility, combined with the platform's range of services, positions Inccrypto as a noteworthy choice for those interested in cloud mining and making money online in the cryptocurrency space.\nFor more information, prospective users and interested parties are encouraged to visit Inccrypto's website.\nAbout Inccrypto\nInccrypto is a clo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $839,157,140,812 - Hash Rate: 516691726.83680135 - Transaction Count: 484017.0 - Unique Addresses: 678147.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance Research: AI Tokens Outperformed Most Sectors in Last Quarter of 2023 Crypto tokens associated with artificial intelligence (AI) saw impressive gains in the three months leading up to January 2, 2024, according to a report from Binance Research. AI tokens were the second-highest performing category behind Ethereum layer 2s when excluding memecoins. When memecoins were included, AI tokens were the third-best performing category, according to a Dune dashboard by Cryptokoryo research. The report categorized six coins as AI tokens: SingularityNET (AGIX), Cortex (CTXC), Fetch (FET), Ocean Protocol (OCEAN), Oraichain (ORAI), and Render (RNDR). These coins saw price increases of 185% over the three months. For comparison, DeFi 2.0 tokens saw an 87% increase, GameFi 109%, and Real World Asset (RWA) tokens a 145% increase. Layer-2s posted the best returns, with a 221% gain. AI tokens also outperformed major coins such as Bitcoin (BTC) and Ether (ETH) over the year. BTC ended the year up 150%, while ETH gained by 44%. Out of this group of AI coins, the top performer in 2023 was Fetch, whose price increased by 659% for the year. Fetch is a blockchain network that runs AI programs called "Agents" and features a marketplace of AI services. The second-highest rate of return for these coins came from SingularityNET, which posted a 616% gain for the year. SingularityNET claims to offer an AI services marketplace on the Ethereum network, with other networks to be added later. Other notable AI token gains included Ocean Protocol, which gained 215%, and Bittensor (TAO), which posted a 191% gain. Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form .... - Reddit Posts (Sample): [['u/joedirt9322', 'According to Google Trends, Bitcoin search results are still half of what they were in 2021.', 222, '2024-01-18 00:42', 'https://www.reddit.com/r/Bitcoin/comments/199bipa/according_to_google_trends_bitcoin_search_results/', 'Even with the big news of the ETF, I still find in my casual day to day conversation that most people don’t care.\n\nI remember casually suggesting Bitcoin in 2020 to my friends and family. They didn’t care till 2021. I suspect 2024 & 2025 will be pretty much the same.\n\nI think Google trends is a pretty good indicator of how popular that subject of Bitcoin is for the masses.', 'https://i.redd.it/l1rbv91473dc1.jpeg', '199bipa', [['u/ConversationFar9518', 63, '2024-01-18 00:57', 'https://www.reddit.com/r/Bitcoin/comments/199bipa/according_to_google_trends_bitcoin_search_results/kiczbv6/', 'Yeah be greedy and stack rn. When your friends and family care, then it’s too late.', '199bipa'], ['u/Bongressman', 39, '2024-01-18 01:11', 'https://www.reddit.com/r/Bitcoin/comments/199bipa/according_to_google_trends_bitcoin_search_results/kid1gpl/', "Funny, it is actually too early in the cycle for them to be as high as they are right now. Retail won't really notice BTC until a new all time high is hit and the media blasts it everywhere.\n\nIt's surprising and good news it's at high as it is this early.", '199bipa'], ['u/cunth', 13, '2024-01-18 01:24', 'https://www.reddit.com/r/Bitcoin/comments/199bipa/according_to_google_trends_bitcoin_search_results/kid3ial/', 'Probably related to the ETFs', '199bipa'], ['u/Terrible-Orchid-4274', 15, '2024-01-18 01:44', 'https://www.reddit.com/r/Bitcoin/comments/199bipa/according_to_google_trends_bitcoin_search_results/kid6tlo/', 'Funny how it looks just like the price chart. It‘s true, the price goes up when the price goes up. I really hope we will see a huge bull run in 2025. Til then I will keep stacking :)', '199bipa']]], ['u/thefoodLord07', 'Salmon Steaks & Beurre Blanc', 4603, '2024-01-18 00:46', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/', 'Recipe : https://www.instagram.com/reel/C1nTiVYSa2O/?igsh=c28ydDJsZm55bTcy', 'https://v.redd.it/hg8q9yrj73dc1', '199blds', [['u/Two_Hearted_Winter', 25, '2024-01-18 01:17', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kid2g6i/', 'At least sear it, jfc', '199blds'], ['u/RickySal', 45, '2024-01-18 01:41', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kid67ao/', 'This sub needs more content like this and not the girl that does🖕👁️👄👁️🖕.', '199blds'], ['u/kids_those_days', 56, '2024-01-18 01:41', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kid698q/', 'I feel cheated', '199blds'], ['u/sailphish', 310, '2024-01-18 01:52', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kid8048/', 'Good thing she gently brushed the spice rub with the rosemary leaves. Couldn’t imagine the recipe turning out without that important step.', '199blds'], ['u/Mss88b', 46, '2024-01-18 02:17', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidc1xf/', 'That face she makes when taking a bite makes me immediately hate this recipe for that fact alone.', '199blds'], ['u/NoctRob', 39, '2024-01-18 02:18', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidc61j/', 'Instead you get the goofy face and head nod at the end to confirm that “yes, in fact, this food is good, and I didn’t just cook something that tastes like dog shit.”', '199blds'], ['u/tdurden_', 27, '2024-01-18 02:23', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidczr3/', 'Are black gloves the sign you are a "serious" or "professional" cook now? Did it start with Salt Bae?', '199blds'], ['u/SauteePanarchism', 240, '2024-01-18 02:30', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kide3re/', "Solid technique.\xa0\n\n\nIt's just too bad we don't get to see the finished internal of the salmon.\xa0", '199blds'], ['u/pinkboy108', 40, '2024-01-18 02:59', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidipoe/', 'The leaves were dipped in oil..', '199blds'], ['u/jimjamdaflimflam', 36, '2024-01-18 03:00', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidivbm/', 'I have done this (never that gently) just to save getting my hands all over it or using another utensil.', '199blds'], ['u/igotabridgetosell', 91, '2024-01-18 03:02', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidj3fd/', 'the salmon prep is pretty cool.', '199blds'], ['u/sailphish', 36, '2024-01-18 03:03', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidj9c9/', 'Who puts on a dry rub THEN brushes it with oil? Run the thing down with oil, get your hands all dirty, apply dry spices like someone who has actually cooked before.', '199blds'], ['u/PapaverOneirium', 11, '2024-01-18 03:19', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidlrb1/', 'Because you want chives in it for color and freshness, but not bits of cooked shallot?', '199blds'], ['u/PANICFRENZY', 21, '2024-01-18 03:44', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidpjqc/', 'Using the ingredients instead of dirtying a dish. I dig it.', '199blds'], ['u/Nomadt', 11, '2024-01-18 04:04', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidslu7/', 'Yeah have to have a special license to even buy them', '199blds'], ['u/NoGoodMc2', 34, '2024-01-18 04:20', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kiduwcz/', 'Beurre blanc is a fucken cheat code, so good.', '199blds'], ['u/burnerking', 17, '2024-01-18 04:28', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidw574/', 'Both are great!', '199blds'], ['u/jwlmkr', 18, '2024-01-18 04:34', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kidwww9/', 'Does putting the rosemary and lemon next to the fish do anything? Asking seriously', '199blds'], ['u/nobodychef07', 16, '2024-01-18 04:59', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kie0g8u/', "You know how tik tok works right? Yes there is the right way, and then there is the sexy way. What gets more views? Also I don't care if people do it the sexy way, salt bae made his entire career on that. Atleast her shit will probably taste good and isn't covered in gold flake.", '199blds'], ['u/Odd-Worldliness356', 14, '2024-01-18 05:06', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kie1bp0/', 'If you block the 3 or 4 accounts that post her, you wont see it anymore. Amazing what a social media site can do for a person. Just block them and you wont see her anymore.. its my easy food hack trick!', '199blds'], ['u/jodilandon88', 33, '2024-01-18 05:51', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kie732k/', 'Yall get annoyed at the simplest stuff 😂', '199blds'], ['u/BrianVintage', 34, '2024-01-18 06:15', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kie9y74/', "I fist saw that technique from Alton Brown. It's very cool", '199blds'], ['u/Solonotix', 14, '2024-01-18 06:46', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kied9r1/', 'In general, I\'ve seen them used by serious smokers/grillers. When I looked them up, the most common color glove that was insulated was black. They\'re insulated for when you need to handle food that just came out of a 250°F smoker.\n\nAs a result, yes, they have the visual identity of being "serious" food gloves. That said, it\'s not gimmicky. My fianceé likes to get her nails done, so she uses gloves for any activity that might ruin what she paid for. I could see this being a totally reasonable option for anyone not wanting their hands to smell like what they\'re cooking (ex: fish, citrus)', '199blds'], ['u/420smokebluntz6969', 52, '2024-01-18 07:52', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kiejses/', 'mounting the butter before straining is weird though', '199blds'], ['u/Rogalicus', 10, '2024-01-18 09:44', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kiet7oh/', 'You cheated yourself like you knew you would', '199blds'], ['u/MookieFlav', 13, '2024-01-18 10:09', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kiev7uc/', "Reminds me of Rachael Ray's fake orgasm after taking a bite of every dish she's ever made.", '199blds'], ['u/elbizzlee', 12, '2024-01-18 10:19', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kievyug/', 'I scrolled way too long to find this. \n\nWho knew I can apparently reduce my sodium intake just by salting the empty plate NEXT to my food? \n\nYears of cooking advice calling for increased surface area and direct contact between food and seasonings and it turned out I just need to waive the rosemary in tge air somewhere near the food.', '199blds'], ['u/Spartancarver', 10, '2024-01-18 12:20', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kif5sem/', 'For real lol \n\nThat other girl has all the kids on this sub falling to pieces 😂', '199blds'], ['u/Rick-D-99', 22, '2024-01-18 13:41', 'https://www.reddit.com/r/FoodVideoPorn/comments/199blds/salmon_steaks_beurre_blanc/kife3li/', 'Do you know how annoying oil brushes are to clean? This is just efficient.', '199blds'], ['u/zombtachi_uchiha', 29, '2024-01-18 14:34', 'https://www.reddit.com/r/FoodVideoPorn/comments/199bl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward Africa, a first indication that ships loaded with animals could face longer journeys due to the escalating conflict in the Red Sea. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Blinken’s Return From Davos Was Delayed After Plane Broke Down Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot Airstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red Sea The Bahijah left Fremantle port in Western Australia for Aqaba, Jordan on Jan. 5. On Tuesday, it changed course for East London in South Africa, according to shipping data compiled by Bloomberg. That has the potential to raise animal-welfare concerns, should the diversion extend the vessel’s voyage. It also serves as a reminder of the disruptions to food supply chains due to the conflict. Since the war between Israel and Hamas erupted in October, Iran-backed Houthis have attacked ships in the Red Sea, disrupting flows of commodities from oil to crops. The US launched another round of strikes on Yemen’s Houthis overnight as the militant group continues to roil global shipping markets. The vessel has diverted away from the Red Sea due to the worsening security situation, according to a statement from the Australian government. No significant welfare concerns have been reported at this time, it stated. Livestock, primarily sheep, are exported through Fremantle. Jordan often imports live animals ahead of Ramadan, which this year starts in March. Some Middle Eastern nations import livestock — rather than meat — so that animals can be slaughtered in compliance with religious followings. However, the practice has raised concerns about the health and safety of animals aboard, and some countries like Australia are moving to phase out the flows. “This redirection will likely prolong an already long and arduous journey,” said Suzanne Fowler, chief science officer at the Royal Society for the Prevention of Cruelty to Animals Australia. She called for live exporters to suspend voyages to destinations that are in, or near, regions of conflict. Read More: US Strikes Yemen Again as Houthi Shipping Attacks Continue Delays to ships carrying livestock can jeopardize a limited supply of food, bedding and medication on board and increase animal stress, she said. “All Australian livestock consignments have reserve fodder on board as well as Australian Government accredited veterinarians and stock hands that are responsible for constantly monitoring the welfare of animals on board,” said Mark Harvey-Sutton, chief executive officer at the Australian Livestock Exporters’ Council. Story continues Fremantle port declined to comment. Ship database Equasis lists the vessel as owned by Bassem Dabbah Shipping Inc. and managed by Korkyra Shipping Ltd. in Croatia. The Bahijah is listed as part of Korkyra’s fleet on the company’s website. It states that it has a cargo capacity of around 8,000 cattle or sheep. Korkyra didn’t immediately respond to email and phone requests for comment. --With assistance from Mohammad Tayseer and Ben Sharples. (Updates with additional details from the Australian government in first and fifth paragraphs) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P. View comments', '(Bloomberg) -- A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward Africa, a first indication that ships loaded with animals could face longer journeys due to the escalating conflict in the Red Sea. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Blinken’s Return From Davos Was Delayed After Plane Broke Down Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot Airstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red Sea The Bahijah left Fremantle port in Western Australia for Aqaba, Jordan on Jan. 5. On Tuesday, it changed course for East London in South Africa, according to shipping data compiled by Bloomberg. That has the potential to raise animal-welfare concerns, should the diversion extend the vessel’s voyage. It also serves as a reminder of the disruptions to food supply chains due to the conflict. Since the war between Israel and Hamas erupted in October, Iran-backed Houthis have attacked ships in the Red Sea, disrupting flows of commodities from oil to crops. The US launched another round of strikes on Yemen’s Houthis overnight as the militant group continues to roil global shipping markets. The vessel has diverted away from the Red Sea due to the worsening security situation, according to a statement from the Australian government. No significant welfare concerns have been reported at this time, it stated. Livestock, primarily sheep, are exported through Fremantle. Jordan often imports live animals ahead of Ramadan, which this year starts in March. Some Middle Eastern nations import livestock — rather than meat — so that animals can be slaughtered in compliance with religious followings. However, the practice has raised concerns about the health and safety of animals aboard, and some countries like Australia are moving to phase out the flows. “This redirection will likely prolong an already long and arduous journey,” said Suzanne Fowler, chief science officer at the Royal Society for the Prevention of Cruelty to Animals Australia. She called for live exporters to suspend voyages to destinations that are in, or near, regions of conflict. Read More: US Strikes Yemen Again as Houthi Shipping Attacks Continue Delays to ships carrying livestock can jeopardize a limited supply of food, bedding and medication on board and increase animal stress, she said. “All Australian livestock consignments have reserve fodder on board as well as Australian Government accredited veterinarians and stock hands that are responsible for constantly monitoring the welfare of animals on board,” said Mark Harvey-Sutton, chief executive officer at the Australian Livestock Exporters’ Council. Story continues Fremantle port declined to comment. Ship database Equasis lists the vessel as owned by Bassem Dabbah Shipping Inc. and managed by Korkyra Shipping Ltd. in Croatia. The Bahijah is listed as part of Korkyra’s fleet on the company’s website. It states that it has a cargo capacity of around 8,000 cattle or sheep. Korkyra didn’t immediately respond to email and phone requests for comment. --With assistance from Mohammad Tayseer and Ben Sharples. (Updates with additional details from the Australian government in first and fifth paragraphs) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P. View comments', 'Federal southern district of New York Judge Katherine Polk Failla heard arguments during a five-hour hearing Wednesday afternoon in a case that could decide the regulatory future of the $1.7 trillion cryptocurrency industry. Lawyers for the U.S\'s largest crypto exchange Coinbase argued that the courts should dismiss an SEC lawsuit alleging that the exchange violated securities laws by operating as an "unregistered broker dealer" in buying and selling similarly unregistered digital assets. SEC DUPED, X ACCOUNT HACKED, BITCOIN ETF NOT APPROVED Wall Street\'s top cop, the SEC, asked Failla to rule against Coinbase\'s motion to dismiss because the company, in the agency\'s view, clearly flouted securities laws, and that discovery for a future trial should begin immediately. Bitcoin spiked 10% amid the downfall of Silicon Valley Bank. Legal experts say it could take Failla anywhere from two to six weeks to make a decision. If and when the case advances, the outcome could mark an important precedent in U.S. crypto regulation. If the court sides with Coinbase, it could significantly hamper SEC Chair Gary Gensler’s attempt to regulate the crypto business through various enforcement actions. Since becoming chairman, Gensler has brought more than fifty crypto enforcement actions for various rule violations. An SEC victory over Coinbase would allow Gensler to continue pursuing that agenda. READ ON THE FOX BUSINESS APP The lawsuit alleges that Coinbase is operating as an unregistered broker, exchange and clearing agency by offering thirteen tokens the SEC believes to be "securities," and thus in need of registration with the agency, just like a stock or bond. Coinbase argues that no tokens sold on its platform constitute securities because there\'s no underlying investment contract between the token issuers and users who are buying the tokens on the secondary market. VALKYRIE INVESTMENTS FIRST TO OFFER ETHER FUTURES THROUGH ETF Gensler has said repeatedly during his tenure at the SEC, that most digital assets aside from Bitcoin and possibly Ethereum, constitute securities under the 1946 Howey Test, a Supreme Court decision that determines whether certain transactions qualify as investment contracts. If they do, they have to get registered with the Commission, a move crypto companies have resisted given the industry’s desire to remain outside of government control. Story continues The seal of the U.S. Securities and Exchange Commission is being displayed on a smartphone, with Bitcoin visible on the screen in the background, in this photo illustration taken in Brussels, Belgium, on January 9, 2024. The crypto industry, for its part, says the current SEC registration process doesn\'t cater to the nuan **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $806,140,475,000 - Hash Rate: 480304985.51026607 - Transaction Count: 460763.0 - Unique Addresses: 627719.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Brigid Riley TOKYO, Dec 4 (Reuters) - The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates. Bitcoin grabbed the spotlight in the Asian morning, reaching the $40,000 level for the first time in over a year. Powell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate "well into restrictive territory." While Powell reiterated that the Fed is prepared to tighten policy further if deemed appropriate, traders were convinced the rate-hike cycle was over. Markets were pricing in a 60% chance of a rate cut by the March meeting compared with 21% just over a week ago, according to the CME's FedWatch tool. The U.S. dollar index, which tracks the currency against six major counterparts, was last hovering around Friday's close at 103.28. U.S. data remains the "primary driver" of the G10 currencies, making non-farm payrolls the "most important risk event" this week, said Kyle Rodda, senior financial market analyst at Capital.com. The closely-watched November jobs report will be released on Friday. "What we are seeing is the pricing out of U.S. economic exceptionalism, compounded by an unwinding of stretched long positioning in the U.S. dollar." That means dollar pairs could continue to get a boost depending on U.S. economic data, Rodda said. Against the yen, the dollar was fetching $146.58 yen , after falling to 146.24 earlier in the session, its lowest since Sept. 11. The yen has recently pulled away from the near 33-year low of 151.92 per dollar touched in the middle of November. The Australian dollar rose to a fresh four-month high against the greenback of $0.669, while the kiwi ticked up to as high as $0.6222, its strongest level since late July. Story continues Sterling was last trading around $1.2682, easing off a three-month high against the greenback of $1.2733 hit last week. Currency markets could also be swayed this week by speeches from several European Central Bank officials ahead of a slew of economic data from the region, including revised third quarter gross domestic product data for the euro bloc on Thursday. Euro zone inflation fell to 2.4% in November, data showed last week, providing fresh fuel to bets that the ECB will cut interest rates quicker than the bank has been suggesting. The euro was mostly flat on Monday at $1.0874 after ticking down to as low as $1.0829 in the wake of last week's inflation data. President Christine Lagarde is slated to give a speech later on Monday. "Lagarde will certainly welcome last week’s Eurozone CPI report but I doubt she will entertain the idea of ECB rate cuts yet," said Carol Kong, a currency strategist at Commonwealth Bank of Australia, adding that the eurozone labour market is still tight. Elsewhere in cryptocurrencies, bitcoin touched the $40,000 level for the first time in almost a year and a half on bets that U.S. regulators will soon approve stock-market traded bitcoin funds. (Reporting by Brigid Riley Editing by Shri Navaratnam)... - Reddit Posts (Sample): [['u/minerjones', '[WTS] Series 1 GOLD Refractors', 28, '2024-01-19 00:29', 'https://www.reddit.com/r/Currencytradingcards/comments/19a4b66/wts_series_1_gold_refractors/', 'Up for sale are my extra Series 1 GOLD refractors\n\nAsking $325 each\n\nSpecials for repeat buyers!! \n\nVenmo/Cashapp preferred or BTC\n\n1 #03/10\n\n 3 #05/10\n\n 8 #05/10\n\n14 #10/10\n\n15 #06/10\n\n16 #03/10\n\n19 #08/10\n\n20 #06/10\n\n21 #07/10\n\n22 #02/10\n\n30 #10/10\n\n35 #10/10\n\n40 #07/10\n\n45 #05/10\n\n50 #01/10\n\n56 #05/10\n\n57 #04/10\n\n58 #02/10\n\n&#x200B;\n\nhttps://preview.redd.it/mxff362k9adc1.jpg?width=1155&format=pjpg&auto=webp&s=962c7622ecfa947cc58e2a217259dca17b7357f7', 'https://www.reddit.com/r/Currencytradingcards/comments/19a4b66/wts_series_1_gold_refractors/', '19a4b66', [['u/Ging9tailedjecht', 10, '2024-01-19 01:39', 'https://www.reddit.com/r/Currencytradingcards/comments/19a4b66/wts_series_1_gold_refractors/kiip1ul/', 'Why do I have to be so fuckin broke!! Lol I want em all!\n\n![gif](giphy|vWku8YNwyy5vq|downsized)', '19a4b66']]], ['u/Nimoh_Da_Crypto_Fish', 'SEC vs Coinbase !!', 18, '2024-01-19 00:40', 'https://www.reddit.com/r/AMPToken/comments/19a4kck/sec_vs_coinbase/', 'The FUD being created to bring down the market is phenomenal. The fact is this \n\nNobody cares if SEC regulates crypto .. you think the person spending Sol or ADA or BTC in El Salvador cares, or anywhere outside the US really? The world is still accepting and investing in crypto, SEC oversight or not 🤣🤣', 'https://www.reddit.com/r/AMPToken/comments/19a4kck/sec_vs_coinbase/', '19a4kck', [['u/shadowmage666', 16, '2024-01-19 01:05', 'https://www.reddit.com/r/AMPToken/comments/19a4kck/sec_vs_coinbase/kiijrp7/', 'Yea that’s not why the market is going down', '19a4kck'], ['u/Ttd341', 14, '2024-01-19 01:10', 'https://www.reddit.com/r/AMPToken/comments/19a4kck/sec_vs_coinbase/kiikjwg/', "I don't agree with something = FUD. Got it", '19a4kck'], ['u/ronthegr8', 11, '2024-01-19 01:30', 'https://www.reddit.com/r/AMPToken/comments/19a4kck/sec_vs_coinbase/kiinon3/', "It's because of the GBTC outflows.", '19a4kck']]], ['u/uselessadjective', 'So I see Blackrock buying so many BTCs since ETF approval but price is falling ?', 143, '2024-01-19 00:54', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/', 'I hold some BTC (in no hurry to sell) but just curious to know whats the correlation here \n\n1) BTC ETF gets approved\n\n2) Blackrock and others buying so many BTCs (last I read they bought 11K BTCs)\n\n3) BTC price starts falling\n\n4) I also read smwhere 15% miners have shutdown to conserve electricity for winters ?', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/', '19a4vbv', [['u/analogOnly', 63, '2024-01-19 00:59', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiiiwsa/', 'OTC (OVER THE COUNTER) Means, the asset is bought off market, as to not affect the price. \n\n\nMODS: Can we sticky that somewhere?', '19a4vbv'], ['u/tungfa', 73, '2024-01-19 01:09', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiike5x/', 'greyscale is selling more than Blackrock is buying', '19a4vbv'], ['u/genobeam', 17, '2024-01-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiilukp/', "It's not completely true though. OTC transactions should have some residual impact on price. You'd expect increased OTC demand to reduce supply on exchanges since those who would normally sell on exchanges are instead selling OTC.\xa0\n\n\nThere is a lot of OTC supply that wasn't accounted for in the price.\xa0", '19a4vbv'], ['u/marcio-a23', 220, '2024-01-19 01:37', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiiopoz/', 'Miners are dumping everything they have\n\nWait', '19a4vbv'], ['u/cunth', 50, '2024-01-19 02:02', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiisj5a/', 'FFS can we please kill the narrative that OTC doesn\'t affect market prices? OTC is part of "THE MARKET," and in no world do these types of transactions not affect prices, given the finite supply. These are different channels for accessing liquidity within the same market we all participate in, and these large transactions go through the OTC Channel to avoid slippage. That\'s the only reason. If sellers thought they could do better listing on exchanges directly, the would. They have zero incentive not to...', '19a4vbv'], ['u/Curious-Rub5068', 123, '2024-01-19 02:13', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiiu7f3/', "Imo a bunch of big holders were waiting for the ETF because the ETF gives liquidity. Liquidity means they can sell large amounts without affecting the price much.\n\nMore sellers than buyers = price goes down.\n\nShould be only temporary though. There's only so much BTC waiting to be sold", '19a4vbv'], ['u/RandomNordicGuy', 27, '2024-01-19 02:33', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiix63c/', "Leverage is also probably coming down. It's hard to say how many people had levered up exchange positions going into the event. Those are being unwound. You also had people that bought GBTC just because of the discount and sold into the equilibrium. The funny thing is, this is very common behavior at this point in the halving cycle", '19a4vbv'], ['u/japanesebarbeque', 11, '2024-01-19 02:35', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kiixjus/', 'I thought because Blackrock is buying OTC, therefore no price change influence yet from Blackrock.', '19a4vbv'], ['u/Pleasant_Plantain', 28, '2024-01-19 03:08', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij2f72/', 'greyscale is selling because they know that there will be high demand because of the etf approval.\n\n&#x200B;\n\ngive it time. i mean it probably sux for crypto day traders but for long term holders.... this is nothin. 10 years we will be at over 100k to 500k. ez', '19a4vbv'], ['u/TheCryptoAccountant1', 29, '2024-01-19 03:14', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij3a52/', 'its noise.... you here to be a part of the peaceful revolution or take it to r/wallstreetbets \n\nsats are the base money, when the price dips, they are on sale \n\nstay humble and stack sats', '19a4vbv'], ['u/228CoastHotwife', 23, '2024-01-19 03:25', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij4tu3/', 'Miners unloaded 10,000 coins today alone', '19a4vbv'], ['u/griswaldwaldwald', 16, '2024-01-19 03:27', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij5737/', 'The pre halving dip.', '19a4vbv'], ['u/Paragon_Voice', 39, '2024-01-19 03:45', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij7tff/', "This is also true.\n\n\nI see the current valuation behavior of Bitcoin being a combination of these factors:\n\n\n1. Greyscale holders selling their BTC positions to move to a lower fee ETF.\n2. ETF providers with inflows are purchasing OTC or are pulling from reserves they've been accumulating over time.\n3. Miners are currently taking profits to buy more miners in preparation for halving.\n4. Still a high amount of hodlers meaning that the sell pressure isn't enough to cause a larger dip than we're seeing now.\n\n\nAll in all, I'm buying the dip. I sure hope everyone else is, too.\n\n\nMiners and Greyscale selling will get exhausted. OTC market will dry up. And hodlers will keep hodling. There is only one direction we're building towards over the next months.", '19a4vbv'], ['u/JDRCrypt0', 14, '2024-01-19 03:52', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kij8w8n/', 'Miners are dumping and so is grayscale since there’s no more GBTC discount and people are selling GBTC for the new BTC ETFs with better fees.', '19a4vbv'], ['u/Astropin', 86, '2024-01-19 04:11', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijbjb1/', 'Also...a fair amount of GBTC being sold.', '19a4vbv'], ['u/fonaldduck099', 14, '2024-01-19 04:18', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijcljl/', 'Should be full on after the halving. Great sign.', '19a4vbv'], ['u/Bone_ear1', 34, '2024-01-19 04:21', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijczom/', 'Isn’t that because they have the highest fees', '19a4vbv'], ['u/Astropin', 20, '2024-01-19 04:24', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijdej9/', 'Yes', '19a4vbv'], ['u/RoyalBudget770', 117, '2024-01-19 04:32', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijeic9/', 'No one really knows anything is the only answer.', '19a4vbv'], ['u/ProfessorPurrrrfect', 29, '2024-01-19 05:01', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijik7y/', 'GBTC being sold and the money reinvested in another etf is a wash for the price of bitcoin.', '19a4vbv'], ['u/EnderSword', 11, '2024-01-19 05:05', 'https://www.reddit.com/r/Bitcoin/comments/19a4vbv/so_i_see_blackrock_buying_so_many_btcs_since_etf/kijizoq/', 'Yeah, people have warned about this for weeks and no one wanted to listen. \n\nWhen everyone already knows a big purchase is being made, it\'s priced in way ahead of time.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "1,993.14", "AUM ($, mm)": "405,034.63", "AUM % Change": "0.49%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "1,395.04", "AUM ($, mm)": "376,550.88", "AUM % Change": "0.37%"}, {"Ticker": "FTCS", "Name": "First Trust Capital Strength ETF", "Net Flows ($, mm)": "1,179.73", "AUM ($, mm)": "9,833.79", "AUM % Change": "12.00%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "778.62", "AUM ($, mm)": "46,204.92", "AUM % Change": "1.69%"}, {"Ticker": "IWY", "Name": "iShares Russell Top 200 Growth ETF", "Net Flows ($, mm)": "598.98", "AUM ($, mm)": "8,729.26", "AUM % Change": "6.86%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "493.13", "AUM ($, mm)": "4,855.60", "AUM % Change": "10.16%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "447.88", "AUM ($, mm)": "36,255.94", "AUM % Change": "1.24%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "444.89", "AUM ($, mm)": "15,533.00", "AUM % Change": "2.86%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "407.23", "AUM ($, mm)": "231,854.13", "AUM % Change": "0.18%"}, {"Ticker": "QQQM", "Name": "Invesco NASDAQ 100 ETF", "Net Flows ($, mm)": "398.94", "AUM ($, mm)": "19,629.98", "AUM % Change": "2.03%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,487.81", "AUM ($, mm)": "473,940.72", "AUM % Change": "-0.31%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-682.32", "AUM ($, mm)": "61,048.97", "AUM % Change": "-1.12%"}, {"Ticker": "SPYV", "Name": "SPDR Portfolio S&P 500 Value ETF", "Net Flows ($, mm)": "-578.20", "AUM ($, mm)": "19,245.96", "AUM % Change": "-3.00%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-460.61", "AUM ($, mm)": "24,791.75", "AUM % Change": "-1.86%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-321.77", "AUM ($, mm)": "49,135.84", "AUM % Change": "-0.65%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-280.00", "AUM ($, mm)": "9,968.14", "AUM % Change": "-2.81%"}, {"Ticker": "IJS", "Name": "iShares S&P Small-Cap 600 Value ETF", "Net Flows ($, mm)": "-273.29", "AUM ($, mm)": "7,163.10", "AUM % Change": "-3.82%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-263.49", "AUM ($, mm)": "8,739.96", "AUM % Change": "-3.01%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "-225.60", "AUM ($, mm)": "100,803.08", "AUM % Change": "-0.22%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-213.78", "AUM ($, mm)": "48,950.02", "AUM % Change": "-0.44%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-3.83", "AUM ($, mm)": "6,699.77", "% of AUM": "-0.06%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-20.26", "AUM ($, mm)": "16,184.98", "% of AUM": "-0.13%"}, {"": "Commodities", "Net Flows ($, mm)": "-62.47", "AUM ($, mm)": "125,009.99", "% of AUM": "-0.05%"}, {"": "Currency", "Net Flows ($, mm)": "125.37", "AUM ($, mm)": "31,185.67", "% of AUM": "0.40%"}, {"": "International Equity", "Net Flows ($, mm)": "-489.95", "AUM ($, mm)": "1,323,577.46", "% of AUM": "-0.04%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "116.19", "AUM ($, mm)": "169,443.34", "% of AUM": "0.07%"}, {"": "Inverse", "Net Flows ($, mm)": "-494.07", "AUM ($, mm)": "14,584.07", "% of AUM": "-3.39%"}, {"": "Leveraged", "Net Flows ($, mm)": "1,160.87", "AUM ($, mm)": "78,570.31", "% of AUM": "1.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,817.30", "AUM ($, mm)": "4,898,397.35", "% of AUM": "0.06%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,017.47", "AUM ($, mm)": "1,358,410.52", "% of AUM": "0.07%"}, {"": "Total:", "Net Flows ($, mm)": "4,166.61", "AUM ($, mm)": "8,022,063.47", "% of AUM": "0.05%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'etf.com Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 1,993.14 405,034.63 0.49% VOO Vanguard 500 Index Fund 1,395.04 376,550.88 0.37% FTCS First Trust Capital Strength ETF 1,179.73 9,833.79 12.00% VCIT Vanguard Intermediate-Term Corporate Bond ETF 778.62 46,204.92 1.69% IWY iShares Russell Top 200 Growth ETF 598.98 8,729.26 6.86% TMF Direxion Daily 20+ Year Treasury Bull 3X Shares 493.13 4,855.60 10.16% VCSH Vanguard Short-Term Corporate Bond ETF 447.88 36,255.94 1.24% XLP Consumer Staples Select Sector SPDR Fund 444.89 15,533.00 2.86% QQQ Invesco QQQ Trust 407.23 231,854.13 0.18% QQQM Invesco NASDAQ 100 ETF 398.94 19,629.98 2.03% Top 10 Redemptions (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -1,487.81 473,940.72 -0.31% IWM iShares Russell 2000 ETF -682.32 61,048.97 -1.12% SPYV SPDR Portfolio S&P 500 Value ETF -578.20 19,245.96 -3.00% GBTC Grayscale Bitcoin Trust ETF -460.61 24,791.75 -1.86% TLT iShares 20+ Year Treasury Bond ETF -321.77 49,135.84 -0.65% SOXX iShares Semiconductor ETF -280.00 9,968.14 -2.81% IJS iShares S&P Small-Cap 600 Value ETF -273.29 7,163.10 -3.82% JNK SPDR Bloomberg High Yield Bond ETF -263.49 8,739.96 -3.01% AGG iShares Core U.S. Aggregate Bond ETF -225.60 100,803.08 -0.22% RSP Invesco S&P 500 Equal Weight ETF -213.78 48,950.02 -0.44% ETF Daily Flows By Asset Class Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -3.83 6,699.77 -0.06% Asset Allocation -20.26 16,184.98 -0.13% Commodities -62.47 125,009.99 -0.05% Currency 125.37 31,185.67 0.40% International Equity -489.95 1,323,577.46 -0.04% International Fixed Income 116.19 169,443.34 0.07% Inverse -494.07 14,584.07 -3.39% Leveraged 1,160.87 78,570.31 1.48% U.S. Equity 2,817.30 4,898,397.35 0.06% U.S. Fixed Income 1,017.47 1,358,410.52 0.07% Total: 4,166.61 8,022,063.47 0.05% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges. Permalink | © Copyright 2024 etf.com. All rights reserved View comments', 'A visual representation of the digital cryptocurrency, Bitcoin, alongside U.S. dollars. Cryptocurrency is just another version of Beanie Babies, a Coinbase lawyer said in court to argue against classifying the currency as securities. The attorney said crypto is more like collectibles than actual stakes in a company. “It’s the difference between buying Beanie Babies Inc. and buying Beanie Babies,” said Coinbase attorney William Savitt, according to Bloomberg . Savitt compared cryptocurrency to the collectible plushies in a New York federal court when arguing for the dismissal of the lawsuit brought on by the Securities and Exchange Commission in June 2023. Crypto\'s Nazi problem: With few rules to stop them, white supremacists fundraise for hate Do they know what happened to Beanie Babies? pic.twitter.com/6WlHkizOpi — More Perfect Union (@MorePerfectUS) January 18, 2024 1993 Beanie Babies: These relics of a bygone consumer craze were once much more than cute plush toys—they became their own collectibles economy that still has legs today. There’s nothing quite like a toy that parents insist their children can’t play with, right? Today, those millennials who followed Mom’s rules are asking just how much they can sell their mint-condition purple Ty Princess Diana bear for on eBay. According to Bloomberg, Savitt told U.S. District Judge\xa0Katherine Polk Failla that the currency is different from securities because those who buy them do not have any stake in the companies they\'re from, like they would if they bought stocks or bonds. Legal experts say it might take Failla two-to-six weeks to make a decision regarding the case, according to Fox Business. This isn\'t the first time the Coinbase has compared cryptocurrency to Beanie Babies. "It is akin to the sale of a parcel of land, the value of which may fluctuate after the sale. Or a condo in anew development. Or an American Girl Doll, or a Beanie Baby, or a baseball card," Coinbase attorneys stated in a motion it filed in August 2023. The motion also points to a judge\'s ruling that stated Ripple Labs’ crypto coin XRP was not security. Why did the SEC sue? Today we charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency and for failing to register the offer and sale of its crypto asset staking-as-a-service program. https://t.co/XPG2gDkxtV pic.twitter.com/hCdVMw8B2v — U.S. Securities and Exchange Commission (@SECGov) June 6, 2023 The SEC filed the lawsuit because Coinbase was "operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency," according to a statement from the SEC. It states the commission also charged Coinbase for "failing to register the offer and sale of its crypto asset staking-as-a-service program." This article originally appeared on USA TODAY: Cryptocurrency, Beanie Baby comparison made again in Coinbase case View comments', '(Bloomberg) -- Microsoft Corp. said a Russian-linked hacking group attacked its corporate systems, getting into a “small number” of email accounts, including those of senior leadership and employees who work in cybersecurity and legal. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $27 **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $816,306,824,688 - Hash Rate: 513378340.1866717 - Transaction Count: 563331.0 - Unique Addresses: 656529.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) (" NetCents " or the " Company "), a cryptocurrency payments company, and Worldpay, the global payments technology company, announced their partnership. This partnership marks another stride in promoting the widespread adoption of digital assets such as Bitcoin, Ethereum, and various stablecoins. NetCents offers a reliable, secure, and trustworthy solution for empowering corporations and small & medium enterprises, innovative startups, and web3 and blockchain companies with a dependable crypto payment infrastructure. NetCents solutions allow them to integrate cryptocurrency acceptance seamlessly, akin to processing traditional bank transfers or credit card payments. Additionally, it facilitates the optimization of digital asset operational and accounting processes, by removing the price volatility through its unique price protection guarantee, all delivered seamlessly through its user-friendly software and APIs. NetCents CEO, Clayton Moore, expressed: "Our mission is to instill and enhance, trust and security by delivering reliable crypto payment infrastructure. This extends across businesses, financial institutions, and governments globally, enabling the seamless integration to accept various digital assets into their established workflows and processes, irrespective of their familiarity with the crypto space." As a global leader in merchant payment processing, Worldpay from FIS has long been at the forefront of innovation in the digital payments sphere. The company previously pioneered the use of digital currencies by merchants and recently announced a partnership with Visa to enhance stablecoin settlement capabilities worldwide. As of today, the Company continues to be subject to a cease trade order and is working diligently to complete the annual financial statements for the fiscal year ending October 31, 2021, and the fiscal year ending October 31, 2022. About NetCents NetCents Technology Inc., the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC. For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations at [email protected] . On Behalf of the Board of Directors Story continues NetCents Technology Inc. "Clayton Moore" Clayton Moore, CEO, Founder and Director NetCents Technology Inc. 350 - 375 Water Street Vancouver, BC, V6B 5C6 Cautionary Note Regarding Forward-Looking Information This release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements including without limitation, timing of finalizing and filing of the Company's financial statements, expected growth and success of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193045 View comments... - Reddit Posts (Sample): [['u/topofthegame3', 'Cheapest place to buy BTC?', 23, '2024-01-20 00:16', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/', "Where is the cheapest place to buy BTC? I noticed some places claim $0 fees, but then have higher spread. What is the best place to buy? Currently I'm using Robinhood that has a 0.35% fee and that feels high, but maybe relative to other options it's not?\n\nAlso can someone explain the differences between fees vs spread?\n\nThanks in advance!!", 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/', '19awv0m', [['u/KaydeeKaine', 10, '2024-01-20 00:48', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/kio00pj/', '1% is not even close to cheap', '19awv0m'], ['u/snowmanyi', 27, '2024-01-20 01:08', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/kio34c4/', 'Kraken 0.26% fee', '19awv0m'], ['u/brianddk', 14, '2024-01-20 01:42', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/kio89ok/', "### Spread\n\nUsed in closed-order books to explain why the price doesn't match with other market tickers\n\n### Fee\n\nUsed in open-book exchange since they can't meddle with the price quotes, since the book is open.\n\n***\n\n> Cheapest place to buy BTC?\n\nIMHO, that is the least interesting question. It's probably better to has what incurs the least cost performing the whole lifecycle of increasing cold-wallet holdings. These costs usually include:\n\n1. Cost to deposit fiat\n2. Cost to convert fiat to BTC\n3. Cost to withdraw BTC\n4. Cost to deposit BTC when it's time to sell\n5. Cost to convert BTC to fiat\n6. Cost to withdraw fiat to bank\n\nSome exchanges (binance) offer low fees on \\#2 but insane fees on \\#1 and \\#3 if the user isn't using Lightning. Obviously \\#3 and \\#4 are < 1% if you start using Lightning, but again, not all exchanges support it yet.", '19awv0m'], ['u/fixerdrew02', 10, '2024-01-20 01:59', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/kioavek/', 'Yes', '19awv0m'], ['u/toomanyjackies', 43, '2024-01-20 02:18', 'https://www.reddit.com/r/Bitcoin/comments/19awv0m/cheapest_place_to_buy_btc/kiodp19/', 'If you set up "paid in bitcoin" as a % of your direct deposit on cash app, that bitcoin purchase has zero fees and zero spread. Plus cash app lets you move your bitcoin into cold storage', '19awv0m']]], ['u/Any_Doughnut_2335', 'January 19, 2024 (Friday) Gemini Earn Update', 19, '2024-01-20 01:42', 'https://www.reddit.com/r/Gemini/comments/19ayugt/january_19_2024_friday_gemini_earn_update/', 'January 19, 2024 (Friday) \n\n \nOn January 18th, Judge Lane heard oral arguments in the Adversary Proceeding that Gemini commenced against Genesis regarding the Additional Collateral. Gemini brought this action as part of its efforts to obtain the most substantial recoveries possible for Earn users. As a reminder, the “Additional Collateral” is the 31,180,804 shares of the Grayscale Bitcoin Trust (GBTC) that Gemini secured to protect Earn users (see December 22nd update, below). Genesis admits that it breached its obligations under the security agreement (and subsequent amendments) and that the Additional Collateral was not delivered to Gemini. That would be bad enough, but now Genesis also argues that the Earn users do not have a secured interest in the Additional Collateral. Judge Lane will decide on the motions to dismiss prior to the plan confirmation hearing, which is still scheduled for **February 14, 2024**.\xa0 \n\n\nLooking ahead, both Gemini and Genesis will continue legal briefing on the “Initial Collateral” (a separate tranche of 30,905,782 shares of GBTC). Oral argument on the Initial Collateral is currently scheduled for the week of February 14th. \n\n\nAlso this week, Digital Currency Group, Inc. (DCG) [responded](https://assets.ctfassets.net/jg6lo9a2ukvr/5UKjcFJSlXoBM1ZqqXEfjI/9384fbba05e2c0e3be41b892d5c6a06a/DCG_Entities__Statement__ECF_No._1153_.pdf) to the statements Genesis, the Unsecured Creditors Committee (UCC), and the Ad Hoc Group (AHG) filed last week regarding DCG and DCGI’s obligations under a partial repayment agreement (see January 12th update, below). \n\n\nGemini continues to work with other case parties regarding the Plan and the upcoming confirmation hearing. And we continue to fight for the Initial Collateral and the Additional Collateral on behalf of Earn users.', 'https://www.reddit.com/r/Gemini/comments/19ayugt/january_19_2024_friday_gemini_earn_update/', '19ayugt', [['u/Defiant_Ad9772', 11, '2024-01-20 01:54', 'https://www.reddit.com/r/Gemini/comments/19ayugt/january_19_2024_friday_gemini_earn_update/kio9zee/', 'So collateral should be decided before the confirmation hearing, lol well good to know since we all already voted', '19ayugt']]], ['u/Plane-Struggle7173', 'Introducing CarPlex, the ultimate CarPlay app that brings Plex to your touchscreen CarPlay system via TrollStore', 18, '2024-01-20 01:59', 'https://www.reddit.com/r/CarPlay/comments/19az74a/introducing_carplex_the_ultimate_carplay_app_that/', "CarPlex allows you to enjoy your favourite Plex content from your touchscreen CarPlay system.\n\nVia an optimised Plex web app designed specifically for CarPlay, you can sign in and watch your preferred movies, TV shows, and more right from your car's touchscreen. Stay entertained responsibly with CarPlex.\n\n**Features:**\n\n* Works on any device supporting [TrollStore](https://github.com/opa334/TrollStore), no jailbreak required.\n* Plex web app optimised for CarPlay.\n* Sign into Plex and watch content from the comfort of your car (responsibly).\n* On-screen keyboard for easy searching.\n* Extremely stable video playback.\n\nCredit to /u/AvangelistaDev for CarTube app which sparked the creation of CarPlex.\n\nCredit to /u/iRayanKhan for support with the project and advice.\n\nOur team has put in tremendous effort to rewrite the initial project by optimising the WebView and video playback functionalities, resulting in an enhanced CarPlex experience which works perfectly on CarPlay.\n\nTo download the latest version of CarPlex and other app releases we have upcoming, please visit our secure repository:\n\n[https://osk3apps.com](https://osk3apps.com/)\n\nJoin our Patreon to gain early access to upcoming CarPlay apps we have in development:\n\n[https://www.patreon.com/osk3Apps](https://www.patreon.com/osk3Apps)\n\nDonations are also appreciated greatly to support our work and continue the development of other CarPlay related apps:\n\nVia PayPal: \n\n[https://www.paypal.com/paypalme/carplex](https://www.paypal.com/paypalme/carplex)\n\nVia XMR Monero: \n\n8849i2yjuVkRzsUnbqjfsaVErfyhuyFnqKUZ7cj8DifMgP5UVyPyX3r2hiE8k9bGP7Y8gcpGFLXSmUzU2VWJLqBaS3gm1iX\n\nVia BTC Bitcoin:\n\n1B74UYtCx5DeVwoN71bxCDWT1K2cHYnTFY\n\n**Please note that CarPlex and other upcoming apps we develop are not affiliated with any of the services offered in app.**\n\n**We encourage responsible usage of our CarPlay apps for a safe and enjoyable entertainment experience in your car.** ", 'https://www.reddit.com/r/CarPlay/comments/19az74a/introducing_carplex_the_ultimate_carplay_app_that/', '19az74a', [['u/TalkToTheLord', 10, '2024-01-20 02:06', 'https://www.reddit.com/r/CarPlay/comments/19az74a/introducing_carplex_the_ultimate_carplay_app_that/kiobw9t/', 'Awesome, would love this! But — I cannot do “TrollStore” lol.', '19az74a']]], ['u/my-daughters-keeper-', 'Passphrase caution !', 58, '2024-01-20 02:04', 'https://www.reddit.com/r/Bitcoin/comments/19azb7w/passphrase_caution/', 'Just saw a post on the trezor page regarding passphrase issues. \n\nI love the passphrase idea! \n\nBut here’s a warning from my stupidity. \n\nI setup a passphrase wallet for my partner yesterday. \nSent all the btc there. Logged in to check this morning. \nTransaction was confirmed as sent. So entered passphrase and logged into an empty wallet.\n Had a bit of a quiet seizure and panic to myself. Checked spelling of passphrase etc all was correct. My brain was racing lol Had a few try’s and managed to get in. \n\nWhen I had setup the passphrase I had automatically hit the space bar after the last word. Couldn’t see it on the screen but the spaces are counted! \n\nI was lucky. The next person may not be so. So be careful. Check every single letter and space. \nThey are case sensitive also. \n\nHave fun stacking but be safe so the stack is not lost! \n\nI would have been in big trouble if I could get back in lol', 'https://www.reddit.com/r/Bitcoin/comments/19azb7w/passphrase_caution/', '19azb7w', [['u/Puzzleheaded-Room657', 16, '2024-01-20 02:39', 'https://www.reddit.com/r/Bitcoin/comments/19azb7w/passphrase_caution/kiogq0f/', 'Oh and always store passphrase separately from the seeds.', '19azb7w'], ['u/Oxymorix', 27, '2024-01-20 03:06', 'https://www.reddit.com/r/Bitcoin/comments/19azb7w/passphrase_caution/kiokscb/', "Follow these steps for setting up a wallet with passphrase.\r \n\r \n1. **Record the Initial Wallet Fingerprint**: Before adding a passphrase, note down the 'fingerprint' of your wallet as generated by its original seed. This is a unique identifier for your wallet's state without the passphrase. \n2. **Add the Passphrase and Record the New Fingerprint**: Next, add your chosen passphrase to the wallet and note down the new fingerprint. This new fingerprint represents your wallet's state with the passphrase applied. \n3. **Verify the Original Seed**: To ensure no errors occurred, erase your wallet's data (often called a 'blank out') and then restore it using the original seed. Verify that the restored wallet's fingerprint matches the one you initially recorded. This step confirms that you have correctly noted the original state of your wallet. \n4. **Verify the Passphrase**: Now, add the passphrase to the restored wallet and check if the resulting fingerprint matches the second fingerprint you recorded earlier. This step confirms t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Australian software company Canva Inc. is close to completing a share sale that’s set to raise more than $1.5 billion, according to people familiar with the matter. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him Sony Sends Termination Letter to Zee Over India Merger The share sale by a group of investors including current and former employees of the privately held firm would value the company at around $26 billion, the people said, roughly the same as in its previous round. Canva is working with Goldman Sachs Group Inc. on the round, though it’s not raising new capital, they said. Canva generated more than $2 billion in annualized revenue in 2023, the people said, asking not to be identified as the information isn’t public. Deliberations are ongoing and details may change, the people said. Representatives for Canva and Goldman Sachs declined to comment. The round comes as Canva ramps up competition with Adobe Inc., with both firms introducing artificial intelligence features last year. Adobe, long the dominant maker of software tools for graphics professionals, saw the implosion in December of a $20 billion deal to acquire Figma, another rival. Read More: Canva Unveils AI Design Tools as Competition From Adobe Heats Up Canva’s platform has gained popularity among smaller companies and Gen Zs since its inception in 2013, and more recently sought to attract larger enterprise customers. FedEx Corp., Starbucks Corp. and Zoom Video Communications Inc. are among firms that have embraced its platform. The all-in-one design product has 170 million monthly active users in 190 countries, according to the company. It counts backers including Franklin Templeton, Bessemer Venture Partners and Blackbird Ventures. Story continues --With assistance from Katie Roof. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.', '(Bloomberg) -- Australian software company Canva Inc. is close to completing a share sale that’s set to raise more than $1.5 billion, according to people familiar with the matter. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market An Isolated Israel Doubles Down on War in Gaza — At All Costs Netflix Pays $5 Billion for ‘Raw’ in Bet on Live Events Hong Kong Stocks at 36% Discount Show True Depth of China Gloom The share sale by a group of investors including current and former employees of the privately held firm would value the company at around $26 billion, the people said, roughly the same as in its previous round. Canva is working with Goldman Sachs Group Inc. on the round, though it’s not raising new capital, they said. Canva generated more than $2 billion in annualized revenue in 2023, the people said, asking not to be identified as the information isn’t public. Deliberations are ongoing and details may change, the people said. Representatives for Canva and Goldman Sachs declined to comment. The round comes as Canva ramps up competition with Adobe Inc., with both firms introducing artificial intelligence features last year. Adobe, long the dominant maker of software tools for graphics professionals, saw the implosion in December of a $20 billion deal to acquire Figma, another rival. Read More: Canva Unveils AI Design Tools as Competition From Adobe Heats Up Canva’s platform has gained popularity among smaller companies and Gen Zs since its inception in 2013, and more recently sought to attract larger enterprise customers. FedEx Corp., Starbucks Corp. and Zoom Video Communications Inc. are among firms that have embraced its platform. The all-in-one design product has 170 million monthly active users in 190 countries, according to the company. It counts backers including Franklin Templeton, Bessemer Venture Partners and Blackbird Ventures. Story continues --With assistance from Katie Roof. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Should I Tell My Colleagues (or My Boss) About My Bipolar Diagnosis? ©2024 Bloomberg L.P.', '(Bloomberg) -- Australian software company Canva Inc. is close to completing a share sale that’s set to raise more than $1.5 billion, according to people familiar with the matter. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him Sony Sends Termination Letter to Zee Over India Merger The share sale by a group of investors including current and former employees of the privately held firm would value the company at around $26 billion, the people said, roughly the same as in its previous round. Canva is working with Goldman Sachs Group Inc. on the round, though it’s not raising new capital, they said. Canva generated more than $2 billion in annualized revenue in 2023, the people said, asking not to be identified as the information isn’t public. Deliberations are ongoing and details may change, the people said. Representatives for Canva and Goldman Sachs declined to comment. The round comes as Canva ramps up competition with Adobe Inc., with both firms introducing artificial intelligence features last year. Adobe, long the dominant maker of software tools for graphics professionals, saw the implosion in December of a $20 billion deal to acquire Figma, another rival. Read More: Canva Unveils AI Design Tools as Competition From Adobe Heats Up Canva’s platform has gained popularity among smaller companies and Gen Zs since its inception in 2013, and more recently sought to attract larger enterprise customers. FedEx Corp., Starbucks Corp. and Zoom Video Communications Inc. are among firms that have embraced its platform. The all-in-one design product has 170 million monthly active users in 190 countries, according to the company. It counts backers including Franklin Templeton, Bessemer Venture Partners and Blackbird Ventures. Story continues --With assistance from Katie Roof. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.', '(Bloomberg) -- This month, a cold front swept across much of Europe and giant tankers that carry fuel through the Red Sea were rerouted to avoid escalating violence. That should have pushed gas prices higher. Instead, they just kept falling. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him Sony Sends Termination Letter to Zee Over India Merger Even if it’s a step too far to give Europe the all-clear, it’s a strong sign that the worst of the nightmare that sent energy bills soaring and pushed inflation to multi-year highs is in the past. Europe is benefiting from having amassed record gas reserves last year, along with help from renewables and a relatively mild winter — some cold snaps aside. Sluggish economic growth is also playing a part, capping demand for energy in major industrial powers such as Germany. That’s been enough to boost confidence across trading desks that the region is on a stable-enough footing to get through the rest of the winter with gas to spare. Benchmark European prices are currently trading under €30 a megawatt-hour, about a tenth of the peak levels in 2022. Still, having scraped through the crisis, Europe has emerged into a new reality that has its own list of challenges. It’s now relying more on renewables, and will have to deal with the intermittency of that power generation. With the loss of Russian gas, on which it was overly dependent before the invasion of Ukraine, it’s also had to look elsewhere to fulfill its fuel needs. That means vying for a share of foreign liquefied natural gas cargoes with other parts of the world. “Just by looking at prices, it seems that the crisis is over,” said Balint Koncz, head of gas trading at MET International in Switzerland. “However, we are now reliant on global factors, which can change rapidly.” Story continues “Prices could rise again, even in this heating season, if there’s a sudden supply disruption or an extended period of cold weather,” he said. One key risk is the Middle East amid attacks on ships in the Red Sea, a route that Qatar uses to send LNG to Europe. Oil and gas tankers are avoiding the area, instead opting to go around the southern tip of Africa. On a typical day, roughly two to three LNG vessels would be using the passage, according to data from Kpler. Alternative Energy Gas prices plunged almost 60% in 2023 and are down a further 12% so far this year, which should help to lower consumers’ energy bills. In the UK, the state-regulated price cap will fall almost 14% by spring, consultancy Cornwall Insight estimated in December. “This is the second winter that Europe is experiencing without Russian gas,” said Kim Fustier, HSBC Holdings Plc head of European oil & gas research. “The fact that there is now a precedent — the 2022-2023 winter that went without any issues — is helping to calm traders’ nerves.” Europe’s build-out of renewable energy means a dwindling share for **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $818,213,412,000 - Hash Rate: 489551347.763542 - Transaction Count: 600202.0 - Unique Addresses: 621585.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, as of Thursday morning, was up more than 5% over the past 24 hours, to about $47,600, after the Securities and Exchange Commission said in a filing on Wednesday that ithad approved11 applications to create the first generation ofspot Bitcoin ETFsin the U.S. The second-most-popular cryptocurrency, Ether, was up double digits, with a 10% rally pushing it above $2,600. Wednesday’s approval comes afterhackerstook over the regulator’s X/Twitter account on Tuesday and sent a fake post announcing the approval of the pending spot Bitcoin applications. The fake-out spurred a flurry of excited tweets before SEC Chairman Gary Gensler alerted potential investors to the hack, acorrectionthat led to myriad memes and ridicule of the agency online. Similar fears spread briefly on Wednesday after the SEC’s filing announcing the approval of 11 spot Bitcoin ETF applications disappeared from the agency’s website before reappearing. This time, Gensler confirmed the approval with a statement that said approving spot Bitcoin ETFs was the “most sustainable path forward,” but did not guarantee financial products dealing with other cryptocurrencies would be approved. In a 3-to-2 vote, Gensler, a Democrat, sided with two Republican SEC commissioners in favor of approving the Bitcoin ETFs. Hope ran high among some analysts and market onlookers who said they believe spot Bitcoin ETFs will usher in a new era for Bitcoin. Mark Connors, head of research at investment fund manager 3iQ, said although it may take months for some investment advisors to start bringing client money to Bitcoin, other pools of money could quickly create $2.5 billion to $3 billion of inflows after the ETFs start trading on Thursday. More investment will follow over the next months and years, he said, because TradFi firms now have an interest in seeing Bitcoin succeed. “You have the whole system now incentivized to drive investment and volume in this product,” he toldFortune. Thursday’s Bitcoin rally wasn’t much of a surprise, said Ben Cole, a professor of statistics and strategy at Fordham University’s Gabelli School of Business, because Bitcoin has in the past jumped on big news events, such as previous “halvenings.” The ease of incorporating a spot Bitcoin ETF in retirement accounts and other established portfolios also bodes well for Bitcoin’s performance in the coming months and years, he added. “If you can have someone else handle that, but you can still get the exposure to the price fluctuations, that’s going to be very appealing to a lot of people,” Cole toldFortune. Others on Crypto Twitter rejoiced at the news in hopes that the cryptocurrency would finally become a mainstream investment option and go on a tear. The real test for the Bitcoin ETFs comes when trading begins. Already, BlackRock’s ETF, the iShares Bitcoin Trust, had garnered $2 million of shares traded early Thursday, although those shares may have been sold before the ETF was approved, according to an X post by Bloomberg senior ETF analyst Eric Balchunas. Still, market onlookers, including British bankStandard Chartered,predictedthat the new spot Bitcoin ETFs could help funnel $1 billion to Bitcoin over the next three months—and $100 billion by the end of the year. Already, the dozen or so companies vying for a spot Bitcoin ETF have begun to compete on fees, with several of the issuers dropping theirs to between 0.24% and 3% to attract customers. The average fee for a U.S. ETF is about 0.54%, according to Reuters. For comparison, the $27 billion Grayscale Bitcoin Trust, which also lets investors put money into Bitcoin, has a fee of 2%, although itplans to cut it to 1.5%for its spot Bitcoin ETF. Prominent finance figures have already started rallying support for spot Bitcoin ETFs, including Cathie Wood, CEO of ARK Invest, who said in an interview with Bloomberg TV on Wednesday that although her firm’s ETF may not see “overnight success,” she expects institutional dollars to come around after TradFi firms work through the due diligence process. Wood said the firm’s ETF will look to attract both institutional and retail investors. “The interest is far and wide,” she said. This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["(Bloomberg) -- After years of regulatory tinkering, Washington is now forcing through the most rigorous overhaul of the world’s biggest bond market in decades. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Securities and Exchange Commission Chair Gary Gensler, who once oversaw federal debt management at the US Treasury, has championed a move to require the vast majority of Treasuries trading to migrate to a central counterparty clearinghouse — an intermediary between buyers and sellers that assumes ultimate responsibility for the transaction. The phased-in process culminates in mid-2026 with the inclusion of all repurchase agreement transactions — a key tool used by hedge funds in the popular so-called basis trade that’s drawn scrutiny from Washington. The initiative amounts to one of the most consequential efforts since a regulatory revamp in the wake of a 1991 Treasury auction scandal involving the now-defunct Salomon Brothers. Once complete, it should minimize the danger of contagion from a shock collapse of any one financial institution. It’s akin to what authorities already did with interest-rate derivatives after the downfall of Lehman Brothers, which wreaked havoc in global money markets. Because the clearinghouse assumes responsibility for completing transactions, it reduces the risk of a counterparty being unable to complete a deal. But the reduction in systemic danger will come at a price: dealers will face higher risk-management costs as the SEC also tightens rules governing clearinghouses. And, as dealers will collectively be on the hook for any one counterparty going down, they’re also likely to do more due diligence on clients. New collateral and margin rules may also mean less day-to-day liquidity. Story continues For Gensler and fellow regulators, the move is key to strengthening resilience in the $26 trillion US Treasuries market, which has been roiled several times in recent years by sudden freezes in trading. Only about 13% of the $700 billion-a-day in cash Treasuries trading fully runs through the market’s sole clearinghouse — the Fixed Income Clearing Corp. (FICC) — helping convince authorities that a graduated phase-in was needed. “It is going to transform the way people interact with the market and the way that the market functions,” said Nathaniel Wuerffel, head of market structure at Bank of New York Mellon Corp. and former head of domestic markets at the Federal Reserve Bank of New York. “This is by far the biggest of the reform efforts that regulators have been working on over recent years.” In past episodes of stress, “market participants start to pull back from their counterparties because they’re worried about counterparty credit risk,” Wuerffel said. While that will be reduced going forward, the additional risk-management costs involved in the new regime mean “on a day-to-day basis, liquidity is going to be slightly less continuous than it has been in the past.” Hedge funds got a partial win in the SEC rules unveiled last month — they were exempted from using central clearing for cash trading of Treasuries. But they are far more active in the repo market, which they use for leveraged bets such as in the popular basis trade. Repos amount to about $4 trillion on average a day, and only around 20% of that currently runs through a central counterparty clearinghouse, or CCP. “A lot of finance doesn't lower risk — it just moves it to parties more willing and able to hold it for a price,” Gensler said in an interview last week. “Higher volatility in the underlying market coupled with high leverage is where you can see shocks in a system,” he said. “Central clearing is one of those things in finance that, on net, lowers risk.” CCPs will be required to establish standards for margins that dealers must post for their trades, separate from what they might have been setting for their customers. That may end up crimping hedge funds’ basis trades, where leverage is used to take advantage of price differences between Treasuries and futures. QuickTake: What’s the Basis Trade? Why Does It Worry Regulators? “Repo is the major funding source for a lot of the basis trades, and a lot of the market scares over the last decade were due to repo shocks,” said Kevin McPartland, head of market structure research at Coalition Greenwich. Today, there’s only one CCP for Treasuries — the FICC, a subsidiary of the Depository Trust & Clearing Corp. While there’s potential for new entrants, central clearing is a capital-intensive business and costly to set up. That leaves risk concentrated in the single current operator. “We see this expansion to broaden participation in central clearing as a natural evolution that FICC is well-positioned to execute on,” a DTCC spokesperson said. A key element of CCPs involves a collective backstop in the case of one member’s demise — not unlike the federal deposit insurance kitty that banks pay into. The CCP pools members’ capital to ensure that losses at one firm don’t harm others. The platforms also have what’s called a default fund, known as a waterfall, where bank members deposit cash and securities to be held in reserve as an additional level of loss protection. While members must pony up to that reserve, one advantage of the CCP platform is a broader netting out of trades between market participants each day. That potentially could encourage dealers such as big banks to engage in more Treasuries trading. And that in turn could work to boost liquidity — the ease of being able to buy or sell. “In theory, clearing should free up balance sheets at the primary dealer level through the netting process,” said Amar Reganti, a former deputy director of the Treasury’s Office of Debt Management who’s now a fixed-income strategist at Wellington Management. “That’s a benefit.” It may be particularly helpful in a world where big banks haven’t expanded their trading capacity at anywhere near the magnitude of the growth of the market itself. That’s in part thanks to the 2014 introduction of the so-called supplementary leverage ratio rule — which compels financial institutions to hold capital against their portfolios, including inventories of Treasuries. Big banks are also now facing prospects of tighter capital rules from the Fed. “While central clearing of repo and Treasuries could help improve market resilience, the change is highly unlikely to fully resolve the broader liquidity decline in recent years,” said Gennadiy Goldberg, head of US rates strategy at TD Securities Inc. “Dealer balance sheets remain constrained, increased capital requirements are coming” and Treasury supply keeps rising, he said. Among the awaited next steps are the FICC’s proposed rule changes on issues including margins to bring market structure into line with the SEC’s regulations. Also key: another proposed SEC rule expected to be finalized in coming months that would require proprietary trading firms and other private funds to register as securities dealers. That would force more trading onto a clearinghouse. The Inter-Agency Working Group on Treasury Market Surveillance (IAWG), spanning multiple agencies, has also pushed through other measures — including a US Treasury plan to begin later this year to buy back some existing securities, in part aimed at bolstering liquidity. “The SEC’s new central clearing rules are an important part of the IAWG’s work to improve Treasury market resilience,” said Josh Frost, the Treasury’s assistant secretary for financial markets. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.", "(Bloomberg) -- After years of regulatory tinkering, Washington is now forcing through the most rigorous overhaul of the world’s biggest bond market in decades. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Securities and Exchange Commission Chair Gary Gensler, who once oversaw federal debt management at the US Treasury, has championed a move to require the vast majority of Treasuries trading to migrate to a central counterparty clearinghouse — an intermediary between buyers and sellers that assumes ultimate responsibility for the transaction. The phased-in process culminates in mid-2026 with the inclusion of all repurchase agreement transactions — a key tool used by hedge funds in the popular so-called basis trade that’s drawn scrutiny from Washington. The initiative amounts to one of the most consequential efforts since a regulatory revamp in the wake of a 1991 Treasury auction scandal involving the now-defunct Salomon Brothers. Once complete, it should minimize the danger of contagion from a shock collapse of any one financial institution. It’s akin to what authorities already did with interest-rate derivatives after the downfall of Lehman Brothers, which wreaked havoc in global money markets. Because the clearinghouse assumes responsibility for completing transactions, it reduces the risk of a counterparty being unable to complete a deal. But the reduction in systemic danger will come at a price: dealers will face higher risk-management costs as the SEC also tightens rules governing clearinghouses. And, as dealers will collectively be on the hook for any one counterparty going down, they’re also likely to do more due diligence on c **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $803,247,465,956 - Hash Rate: 559487254.5869052 - Transaction Count: 457620.0 - Unique Addresses: 620801.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates with yuan reaction; refreshes prices at 1230 GMT) By Amanda Cooper LONDON, Dec 5 (Reuters) - The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, ahead of a flurry of employment data that could upend investor expectations for the interest rate outlook. The yuan held steady in the face of a downgrade to the outlook for China's credit rating from Moody's, as major state-owned banks stepped in to stem any slide by selling dollars. The euro took a modest early knock from comments by European Central Bank member Isabel Schnabel, who said in an interview with Reuters that interest rate hikes were off the table, given the recent "remarkable" fall in inflation. Bitcoin held close to its highest since April last year, near $42,000, as a decline in the dollar in recent weeks has diverted cash into riskier assets. Investors are keenly awaiting Friday's U.S. non-farm payrolls report for November. But before then, the monthly JOLTS report - which captures monthly hirings and firings - lands on Tuesday and the private-sector ADP survey is due on Wednesday. Both could shape expectations for Friday's number and make for volatile trading in the run-up, given the power of monetary policy expectations to drive currencies right now. "The market's main focus now is still very much on what central banks are going to do next year in terms of policy. We've had this very dramatic dovish repricing of rate expectations for both the Fed and the ECB over the past week, so that's certainly having an impact on FX markets," MUFG currency strategist Lee Hardman said. The dollar index was up 0.15%, around one-week highs. Analysts said the dollar's nudge up was in part due to a reversal of the heavy selloff in recent weeks that stripped 3% off the dollar index in November alone, its steepest monthly decline in a year. CUTS PRICED IN Traders have priced in at least 125 basis points worth of rate cuts from the Federal Reserve next year, with a good chance of 50 bps by June, according to CME's FedWatch tool. Story continues "The Fed will be reactive to the hard data and not anticipatory of it," said Thierry Wizman, Macquarie's global foreign exchange and interest rates strategist. "So as long as the activity data deteriorates and inflation retreats, convergence toward lower yields will resume." By comparison, futures show there is an 82% chance the ECB could deliver its first rate cut by next March. Inflation across the euro zone has fallen more quickly than most anticipated, as evidenced by last Thursday's consumer price data. The euro has lost 1.34% since then and the data was enough to persuade ECB board member Schnabel to change her stance on rate cuts. A month ago, she had insisted hikes must remain an option. The euro was last down 0.1% at $1.082 and down 0.1% against the pound at 85.72 pence. The yuan held steady after Moody's decision to cut China's credit outlook to "negative" on Tuesday, thanks in part to state-owned banks that were seen swapping yuan for U.S. dollars in the onshore swap market and selling those dollars in the spot market, two sources with knowledge of the matter said. The offshore yuan was broadly steady at 7.154 per dollar, having traded at 7.16 earlier on. Sterling was little changed at $1.2624, while the yen was steady, leaving the dollar at 147.11. The Australian dollar fell 0.9% to $0.6558, below Monday's four-month high, after the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% on Tuesday, as widely expected, and noted that economic data received since November had been broadly in line with forecasts. In cryptocurrencies, bitcoin was down 0.5% at $41,777, narrowly below Monday's peak of $42,404, its highest since April 2022. The world's largest cryptocurrency has gained 150% this year, fuelled in part by optimism that U.S. regulators will soon approve exchange-traded spot bitcoin funds (ETFs), which could open the bitcoin market to millions more investors. "$40,000 has acted like a magnet since bitcoin finally broke through $30,000 in late October," said crypto-services firm Nexo co-founder Antoni Trenchev. "It was only a matter of time before the next round number succumbed as enthusiasm about a spot ETF reaches fever pitch." (Additional reporting by Rae Wee in Singapore Editing by Sam Holmes, Christopher Cushing, Susan Fenton and Frances Kerry)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- The Federal Reserve is on track to achieve a soft landing in the US economy, Goldman Sachs Group Inc.’s Chief Economist Jan Hatzius said, adding that a March interest rate cut “would make sense.” Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout “The Fed is on its way to achieving the soft landing, obviously no guarantees, but I like what I’m seeing,” Hatzius told Bloomberg Television in an interview Tuesday in Hong Kong. He said an easing by the Fed in March remains Goldman’s baseline as it would be consistent with the trajectory of consumer prices — and comments last month by Fed Chairman Jerome Powell that it would like to cut before inflation returns to 2%. Read more: Powell Says Fed Is Just at Beginning of Policy Easing Talks “We don’t think it’s essential that they cut here, but it would be consistent with the signaling,” Hatzius said. He noted that the labor market remains in solid shape, as “layoffs continue to be very, very low.” The odds of a March rate cut have ebbed significantly in recent days to around 37%, as Fed officials have pushed back against market expectations of imminent and deep rate reductions this year. Read more: Fed Officials Say Data Doesn’t Show It’s Time for a Rate Cut Yet On China’s economy, Hatzius reckons the headwinds it’s facing have “a ways to run, the property adjustment is not yet close to done.” Chinese policymakers are providing support to stabilize the economy and prevent growth from slowing too much, he said, “but at the same time they’re not willing to really use the bazooka to provide a very large amount of stimulus.” Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments', '(Bloomberg) -- The Federal Reserve is on track to achieve a soft landing in the US economy, Goldman Sachs Group Inc.’s Chief Economist Jan Hatzius said, adding that a March interest rate cut “would make sense.” Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout “The Fed is on its way to achieving the soft landing, obviously no guarantees, but I like what I’m seeing,” Hatzius told Bloomberg Television in an interview Tuesday in Hong Kong. He said an easing by the Fed in March remains Goldman’s baseline as it would be consistent with the trajectory of consumer prices — and comments last month by Fed Chairman Jerome Powell that it would like to cut before inflation returns to 2%. Read more: Powell Says Fed Is Just at Beginning of Policy Easing Talks “We don’t think it’s essential that they cut here, but it would be consistent with the signaling,” Hatzius said. He noted that the labor market remains in solid shape, as “layoffs continue to be very, very low.” The odds of a March rate cut have ebbed significantly in recent days to around 37%, as Fed officials have pushed back against market expectations of imminent and deep rate reductions this year. Read more: Fed Officials Say Data Doesn’t Show It’s Time for a Rate Cut Yet On China’s economy, Hatzius reckons the headwinds it’s facing have “a ways to run, the property adjustment is not yet close to done.” Chinese policymakers are providing support to stabilize the economy and prevent growth from slowing too much, he said, “but at the same time they’re not willing to really use the bazooka to provide a very large amount of stimulus.” Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments', '(Bloomberg) -- China\x92s Premier Li Qiang asked authorities to take more \x93forceful\x94 measures to stabilize his country\x92s slumping stock market and investor confidence, after the mainland\x92s benchmark CSI 300 Index hit a five-year low on Monday. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World\x92s Fourth-Largest Stock Market Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Chinese equities have sold off for most of the past year, hurt by factors ranging from a protracted crisis in the housing market to persistent deflationary pressures in the wider economy. Beijing\x92s policy response so far has failed to buttress sentiment among investors hoping for even easier monetary conditions or a big lift in fiscal stimulus. At a meeting on Monday chaired by Li, the State Council, China\x92s cabinet, received a briefing on the operations of the capital markets as well as considerations for related work, according to an official statement, which didn\x92t provide more details on what Beijing is mulling. A rally in late 2022 sparked by China\x92s lifting of draconian Covid restrictions proved short-lived, with concerns about poor consumer confidence among the factors weighing on equities. The CSI 300 has slumped some 20% over the past nine months. The NASDAQ Golden Dragon China Index slid 2.2% on Monday in a sixth straight day of declines despite Li\x92s orders for more action. The State Council emphasized the need to enhance the quality and investment value of listed companies, increase flows of medium- and long-term funds into the market, and strengthen the market\x92s inherent stability. \x93While Premier Li\x92s comments reflect Beijing\x92s deepening concerns over the deepening losses in equities, there wasn\x92t much new to suggest a change in approach,\x94 according to Michael Hirson, China economist at 22V Research. \x93The biggest challenge that equity markets face is macroeconomic rather than technical. In an environment of weak private sector demand and prolonged deflation, it is hard to excite investors about the outlook for Chinese companies to grow revenue and profits.\x94 Story continues Other measures included strengthening the regulations that govern capital markets. China also needs to improve the consistency of its macro policies in order to consolidate the nation\x92s economic recovery, the State Council said after the meeting. \x91Cannot Afford\x92 China has in the past sometimes deployed state assets to intervene in the markets. The country\x92s sovereign wealth fund made such a move in October. There have been signs in recent days, including on Monday, that state-led buyers are snapping up exchange-traded funds tracking some key indexes in a bid to arrest the market\x92s decline. \x93It sounds like something had been readied in response to the recent equity rout,\x94 said Neo Wang, managing director for China research at Evercore ISI in New York. \x93The market was poor enough to warrant such elevated attention \x97 China cannot afford to see A-shares sinking toward the Lunar New Year holidays,\x94 he said, referring to domestically listed Chinese stocks and the upcoming mid-February break. What Bloomberg Economics Says... \x93The slow recovery is certainly at the root of the dismal stock performance.\x94 It\x92s crucial for the government to roll out forceful measures to quickly turn sentiment around. - David Qu, economist Read the full report here. While incremental measures may be pending, nothing indicates \x93anything extraordinary that would fundamentally reshape market expectations,\x94 said Gabriel Wildau, managing director at advisory firm Teneo Holdings LLC in New York. More broadly, \x93it\x92s clear at this point that President Xi Jinping doesn\x92t view major stock indexes as an important gauge of the success or failure of his economic strategy,\x94 he said. Still, the tumble in Chinese equities threatens to undermine international confidence in the country\x92s financial system just as Xi pushes to make the nation a world \x93financial power.\x94 Overseas investors have already been skittish over the Communist Party\x92s increasing influence in the economy. \x93We pulled our clients out of China,\x94 Alicia Levine, BNY Mellon Wealth Management\x92s head of investment strategy, said on Bloomberg Television Monday. \x93The political party is sitting at the top of the corporate structure of every large company and small company in China \x97 very hard to invest that way.\x94 --With assistance from Shikhar Balwani. (Updates with overnight move in Golden Dragon index in the fifth paragraph and adds a quote in the sixth paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan\x92s Market Roars Back to Life\x97With Old-Timers Leading the Way ©2024 Bloomberg L.P.', '(Bloomberg) -- China\x92s Premier Li Qiang asked authorities to take more \x93forceful\x94 measures to stabilize his country\x92s slumping stock market and investor confidence, after the mainland\x92s benchmark CSI 300 Index hit a five-year low on Monday. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World\x92s Fourth-Largest Stock Market Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Florida Governor DeSantis Drops Out of 2024 Race, 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: 2024-01-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $780,281,080,425 - Hash Rate: 538506482.5398962 - Transaction Count: 368462.0 - Unique Addresses: 600773.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood is the founder and chief executive officer of Ark Invest, an asset management company focused on disruptive technologies like blockchain and cryptocurrency. Wood and her team are optimistic about the decentralized finance market, in general, but they're especially bullish onBitcoin(CRYPTO: BTC). Ark published a Bitcoin valuation model earlier this year that outlined three price trajectories the digital currency could follow through the end of the decade. The bull case prices Bitcoin at $1.48 million (per coin) in 2030, implying more than 3,400% upside from its price of about $42,000 at the time this article was written. Here's what investors should know. The investment thesis for Bitcoin is based on good old-fashionedsupply and demand. Its source code limits supply to21 million coins, and that scarcity is partially responsible for its value. Gold and other finite assets have value for the same reason. In fact, Bitcoin is sometimes called digital gold. The other half of the equation is demand. When supply is fixed or highly constrained, the price of an asset moves in tandem with demand. Well, another word for demand is popularity, and Bitcoin has that in spades. It was the first widely adopted crypto asset and remains the most valuable by a wide margin. Bitcoin currently accounts for more than 50% of the collective value of allcryptocurrencies. The real question is, in which direction will Bitcoin demand trend in the future: higher or lower?Cathie Woodsees demand intensifying in the years ahead. Ark Invest recently published a Bitcoin valuation model that presents three possible price targets in 2030, as detailed below: • Bear case:$258,500, implying 515% upside • Base case:$682,800, implying 1,525% upside • Bull case:$1.48 million, implying 3,425% upside All three scenarios are based on Bitcoin's ability to disrupt eight markets to varying degrees. In other words, Ark identifies eight sources of potential demand that could make Bitcoin more valuable in the future, as detailed below: 1. Corporate treasuries:The cash and cash equivalents held by public and private companies. Ark believes Bitcoin will account for somewhere between 0% (bear) to 5% (bull) of corporate treasury holdings in 2030. 2. Remittances:Funds sent from one person to another. The term is often used to describe money sent between family members in different countries. Ark believes Bitcoin will account for 5% (bear) to 25% (bull) of global remittance volume in 2030. 3. Nation state treasuries:Financial assets owned by governments and primarily used to balance payments. Ark believes Bitcoin will account for 0% (bear) to 5% (bull) of global treasury reserves in 2030. 4. Emerging market currencies: Money systems in countries undergoing robust economic expansion but don't yet possess all the qualities of a developed country. Ark believes Bitcoin will account for 0.5% (bear) to 10% (bull) of currency in emerging markets in 2030. 5. Economic settlement:The sum of money used to settle transactions between clients of different financial institutions. Ark measures this opportunity against U.S. bank settlement volume, anticipating that Bitcoin will account for 1% (bear) to 10% (bull) of that total in 2030. 6. HNWI assets: Financial assets owned by high-net-worth individuals (HNWI), a term usually applied to people with at least $1 million in investments. Ark believes Bitcoin will account for 1% (bear) to 5% (bull) of HNWI assets in 2030. 7. Institutional assets: Invested assets managed by financial advisors, hedge funds, and endowments, among other types of institutional investors. Ark believes Bitcoin will account for 1% (bear) to 6.5% (bull) of institutional assets in 2030. 8. Gold: Ark believes Bitcoin will be treated much like physical gold as a store of value, siphoning off 20% (bear) to 50% (bull) of funds that would have otherwise been invested in gold in 2030. Of those eight markets, Ark projects the largest opportunities as (1) institutional assets, (2) emerging market currencies, (3) gold alternatives, and (4) HNWI assets. Bitcoin is far from satisfying the base case estimates across those categories, let alone the bull case estimates. But some of Ark's assumptions appear plausible. For instance, several large public companies have already incorporated Bitcoin into their treasury strategies, includingTesla,Block,MercadoLibre, andMicroStrategy. Several national governments also own Bitcoin. Additionally, a recent survey from Fidelity found that, while penetration remains low among hedge funds and endowments, most financial advisors and HNWIs have purchased Bitcoin. Some analysts see that trend intensifying in the years ahead. Paul Maley, Deutsche Bank's global head of securities services, recently told Reuters that Bitcoin was "bound to be seen as one of the priorities for investors and companies." Attempting to value Bitcoin is difficult. Cryptocurrencies aren't the same as companies that generate cash or fixed-income securities, so they can't be evaluated in the same way as either. Ultimately, the extent to which Bitcoin disrupts the markets identified by Ark will depend on sentiment. How popular will Bitcoin be with investors, companies, governments, and consumers in seven years? Answering that question with any degree of certainty is impossible. Bitcoin has only been around since 2009, so there's next to no historical precedent. For that reason, if forced to choose between Ark's three scenarios, I would choose the most conservative one. The bear case hinges almost entirely on the idea that Bitcoin can disrupt the status quo with institutional assets and gold. That seems more likely than Bitcoin being widely adopted as an emerging market currency, settlement currency, or nation state reserve currency. To be clear, I'm not saying the 515% upside implied by the bear case is money in the bank, but rather, I'm identifying the scenario I see as most probable. Here's the bottom line: Cryptocurrency is arisky asset class. But I think investors should consider buying a small position in Bitcoin if they can (1) tolerate substantial volatility, (2) handle losing money, and (3) commit to holding their Bitcoin for at least five to seven years. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 11, 2023 Trevor Jennewinehas positions in Block, MercadoLibre, and Tesla. The Motley Fool has positions in and recommends Bitcoin, Block, MercadoLibre, and Tesla. The Motley Fool has adisclosure policy. 1 Top Cryptocurrency to Buy Before It Soars 3,400%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,790.42", "AUM ($, mm)": "240,674.98", "AUM % Change": "0.74%"}, {"Ticker": "IEF", "Name": "iShares 7-10 Year Treasury Bond ETF", "Net Flows ($, mm)": "702.20", "AUM ($, mm)": "28,211.30", "AUM % Change": "2.49%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "595.53", "AUM ($, mm)": "35,412.78", "AUM % Change": "1.68%"}, {"Ticker": "SLV", "Name": "iShares Silver Trust", "Net Flows ($, mm)": "369.40", "AUM ($, mm)": "10,228.39", "AUM % Change": "3.61%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "294.11", "AUM ($, mm)": "35,892.67", "AUM % Change": "0.82%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "269.83", "AUM ($, mm)": "353,129.01", "AUM % Change": "0.08%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "265.32", "AUM ($, mm)": "477,713.89", "AUM % Change": "0.06%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "222.34", "AUM ($, mm)": "1,262.70", "AUM % Change": "17.61%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "203.31", "AUM ($, mm)": "104,668.99", "AUM % Change": "0.19%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "201.47", "AUM ($, mm)": "1,400.75", "AUM % Change": "14.38%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-959.26", "AUM ($, mm)": "47,671.61", "AUM % Change": "-2.01%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-590.42", "AUM ($, mm)": "22,945.49", "AUM % Change": "-2.57%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-491.22", "AUM ($, mm)": "61,845.33", "AUM % Change": "-0.79%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-378.30", "AUM ($, mm)": "14,989.26", "AUM % Change": "-2.52%"}, {"Ticker": "USHY", "Name": "iShares Broad USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-361.57", "AUM ($, mm)": "11,846.68", "AUM % Change": "-3.05%"}, {"Ticker": "SUSA", "Name": "iShares MSCI USA ESG Select ETF", "Net Flows ($, mm)": "-309.43", "AUM ($, mm)": "3,545.77", "AUM % Change": "-8.73%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-226.57", "AUM ($, mm)": "20,773.13", "AUM % Change": "-1.09%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-224.42", "AUM ($, mm)": "49,139.92", "AUM % Change": "-0.46%"}, {"Ticker": "VFH", "Name": "Vanguard Financials ETF", "Net Flows ($, mm)": "-207.95", "AUM ($, mm)": "8,866.92", "AUM % Change": "-2.35%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-189.30", "AUM ($, mm)": "32,386.85", "AUM % Change": "-0.58%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "1.65", "AUM ($, mm)": "6,705.65", "% of AUM": "0.02%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-16.13", "AUM ($, mm)": "16,307.59", "% of AUM": "-0.10%"}, {"": "Commodities", "Net Flows ($, mm)": "406.46", "AUM ($, mm)": "126,153.41", "% of AUM": "0.32%"}, {"": "Currency", "Net Flows ($, mm)": "-88.88", "AUM ($, mm)": "30,646.54", "% of AUM": "-0.29%"}, {"": "International Equity", "Net Flows ($, mm)": "260.11", "AUM ($, mm)": "1,340,543.68", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "159.48", "AUM ($, mm)": "169,720.52", "% of AUM": "0.09%"}, {"": "Inverse", "Net Flows ($, mm)": "-525.55", "AUM ($, mm)": "14,601.29", "% of AUM": "-3.60%"}, {"": "Leveraged", "Net Flows ($, mm)": "-171.27", "AUM ($, mm)": "82,861.94", "% of AUM": "-0.21%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "1,837.71", "AUM ($, mm)": "4,991,911.34", "% of AUM": "0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "219.39", "AUM ($, mm)": "1,355,906.89", "% of AUM": "0.02%"}, {"": "Total:", "Net Flows ($, mm)": "2,082.98", "AUM ($, mm)": "8,135,358.84", "% of AUM": "0.03%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'etf.com Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change QQQ Invesco QQQ Trust 1,790.42 240,674.98 0.74% IEF iShares 7-10 Year Treasury Bond ETF 702.20 28,211.30 2.49% XLF Financial Select Sector SPDR Fund 595.53 35,412.78 1.68% SLV iShares Silver Trust 369.40 10,228.39 3.61% LQD iShares iBoxx USD Investment Grade Corporate Bond ETF 294.11 35,892.67 0.82% VTI Vanguard Total Stock Market ETF 269.83 353,129.01 0.08% SPY SPDR S&P 500 ETF Trust 265.32 477,713.89 0.06% FBTC Fidelity Wise Origin Bitcoin Fund 222.34 1,262.70 17.61% BND Vanguard Total Bond Market ETF 203.31 104,668.99 0.19% IBIT iShares Bitcoin Trust 201.47 1,400.75 14.38% Top 10 Redemptions (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change TLT iShares 20+ Year Treasury Bond ETF -959.26 47,671.61 -2.01% GBTC Grayscale Bitcoin Trust ETF -590.42 22,945.49 -2.57% IWM iShares Russell 2000 ETF -491.22 61,845.33 -0.79% XLP Consumer Staples Select Sector SPDR Fund -378.30 14,989.26 -2.52% USHY iShares Broad USD High Yield Corporate Bond ETF -361.57 11,846.68 -3.05% SUSA iShares MSCI USA ESG Select ETF -309.43 3,545.77 -8.73% TQQQ ProShares UltraPro QQQ -226.57 20,773.13 -1.09% RSP Invesco S&P 500 Equal Weight ETF -224.42 49,139.92 -0.46% VFH Vanguard Financials ETF -207.95 8,866.92 -2.35% DIA SPDR Dow Jones Industrial Average ETF Trust -189.30 32,386.85 -0.58% ETF Daily Flows By Asset Class Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 1.65 6,705.65 0.02% Asset Allocation -16.13 16,307.59 -0.10% Commodities 406.46 126,153.41 0.32% Currency -88.88 30,646.54 -0.29% International Equity 260.11 1,340,543.68 0.02% International Fixed Income 159.48 169,720.52 0.09% Inverse -525.55 14,601.29 -3.60% Leveraged -171.27 82,861.94 -0.21% U.S. Equity 1,837.71 4,991,911.34 0.04% U.S. Fixed Income 219.39 1,355,906.89 0.02% Total: 2,082.98 8,135,358.84 0.03% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges. Permalink | © Copyright 2024 etf.com. All rights reserved', 'By Kevin Buckland TOKYO, Jan 24 (Reuters) - The dollar hovered near a six-week high against major peers on Wednesday as investors cemented expectations that the Federal Reserve would be in no rush to cut interest rates in the face of a resilient U.S. economy. The Japanese yen, though, ticked higher as expectations rose for a stimulus exit as soon as March, following hawkish comments from the Bank of Japan on Tuesday. The U.S. dollar index - which tracks the currency against six rivals, including the euro and yen - was flat at 103.48 after rising to the highest since Dec. 13 at 103.82 in the previous session. The U.S. rate futures market on Tuesday priced in a roughly 47% chance of a March rate cut, up from late on Monday, but down from as much 80% about two weeks ago, according to LSEG\'s rate probability app. For 2024, futures traders are betting on five quarter-point rate cuts. Two weeks ago they expected six. In the last comments before Fed officials entered a blackout period ahead of their Jan. 31 policy decision, San Francisco Fed President Mary Daly said Friday she believes monetary policy is in a "good place" and it is premature to think rate cuts are imminent. Earlier that week, Fed Governor Christopher Waller said policymakers would move "carefully and slowly", which traders took as pushing back at pricing for a speedy fall in rates. "Markets have been correcting from the narrative that rate cuts were incoming and incoming quickly," leading to dollar strength, said James Kniveton, senior corporate FX dealer at Convera. "This follows a general pattern of resistance to inflation reduction the closer central banks get to their final target, and has caused a rethinking of how fast monetary policy would return to lower levels," he added. "We have seen ECB (European Central Bank) officials push back on rate cut expectations as well, in line with the Federal Reserve." The ECB decides policy on Thursday. No change in interest rates is expected, but investors will watch the tone of the statement and central bank chief Christine Lagarde\'s press conference for clues on where rates are headed. Story continues The euro was flat at $1.08565, after slipping as low as $1.0822 on Tuesday for the first time since Dec. 13. Sterling was slightly higher at $1.2694, making up some ground following an overnight dip of 0.2%. The Bank of England announces its policy decision on Feb. 1. The Japanese yen gained some ground on Wednesday, following a volatile session a day earlier, after the BOJ opted to keep stimulus settings unchanged, as expected, but central bank head Kazuo Ueda hinted at a possible end to negative rates in April or even March. The dollar declined 0.17% to 148.085 yen, after swinging from as low as 146.99 and as high as 148.70 on Tuesday. The Bank of Canada meets on policy on Wednesday, and is expected to leave its key overnight rate unchanged at a 22-year high of 5%. The greenback was flat at C$1.3462, after slipping 0.15% on Tuesday. China\'s yuan was steady in offshore trading at 7.1660 per dollar, keeping close to a nearly two week high of 7.1635 from Tuesday, when Bloomberg reported that Chinese policymakers are seeking to mobilise about 2 trillion yuan ($278.86 billion) as part of a stabilisation fund to support the ailing stock market. Elsewhere, cryptocurrency bitcoin steadied at just ab **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $778,684,062,000 - Hash Rate: 524519301.1752236 - Transaction Count: 372499.0 - Unique Addresses: 564400.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we will take a detailed look at theReddit's WallStreetBets is Buying These 13 Stocks for 2024.For a quick overview of such stocks, read our articleReddit's WallStreetBets is Buying These 5 Stocks for 2024. Stocks are taking a breather on December 20 as investors step back and process the Fed’s possible path towards rate cuts. Despite several Fed officials saying there is no certainty around rate cuts, major investment and financial firms like Goldman Sachs and JPMorgan are saying they expect rate cuts to start in the first half of 2024, barring any major roadblocks or unexpected events. Meera Pandit, Global Market Strategist at JPMorgan Asset Management, recently said while talking to Bloomberg that she expects 2% growth, no recession, 2% inflation and 4% unemployment in the next year. Pandit said while recession is not completely off the table, the state of the economy is looking more like it was in 2019. Pandit thinks we are getting out of the post-pandemic economic reverberations now and entering what she calls the “regular economy.” Photo byMohamed HadjionUnsplashMethodology For this article we scoured Reddit WallStreetBets subreddit and saw discussions with hundreds of comments where retail investors discussed their bets for 2024 (not meme stocks, actual stock investments backed my real catalysts). We picked 13 stocks that appeared to be the favorites of retail investors on Reddit WallStreetBets. In addition to famous names like Meta Platforms Inc (NASDAQ:META), NVIDIA Corp (NASDAQ:NVDA) and Amazon.com Inc (NASDAQ:AMZN), Redditors are also piling into some small companies with strong fundamentals. Number of Hedge Fund Investors: 9 Texas-based satellite designer AST SpaceMobile Inc (NASDAQ:ASTS) shares gained about 20% year to date in 2023 through December 19. Many on Reddit’s WallStreetBets commented they’ve been loading up on the stock for several months. AST SpaceMobile Inc (NASDAQ:ASTS) plans to send satellite into space as it eyes to provide internet connectivity in areas with coverage issues. AST SpaceMobile Inc (NASDAQ:ASTS) talked about guidance in Q3 earnings call: We have been supporting the development efforts of our 2 [indiscernible] satellite designs, Block 1 and Block 2, our ASIC chip design, and the construction of 5 BB1-1 satellites. The completion of this BB1-1 work and a significant portion of the BB1-2 and ASIC design work is expected to result in a material reduction in our adjusted operating expenses and future capital expenditures. This reduction in cash expenditures will be done without a material reduction in our employee headcount as most of these reductions are related to the completion of third-party work. Overall, our adjusted operating expenses should decline from a range of $37 million to $40 million per quarter to a range of $25 million to $30 million per quarter, with the full effect starting in the first quarter of 2024. Read theentire earnings call transcript here. Number of Hedge Fund Investors: 11 Rocket Lab USA Inc (NASDAQ:RKLB) ranks 12th in our list of the best Reddit stocks WallStreetBets is piling into for 2024. The stock recently jumped after Rocket Lab USA Inc (NASDAQ:RKLB) launched its 42nd Electron rocket and deployed a satellite for Japan-based Earth imaging company the Institute for Q-shu Pioneers of Space. The company's management talked about its plans and guidance for 2024 during Q3 earnings call: So in 2024, we have a really big year ahead of us. Even with air pores in operations, Electron remains the world’s most frequently launch small orbital rocket. Dedicated missions for small satellites continue to experience strong demand, which we have seen in multiple buys by returning customers and constellation operators. In fact, we have booked out Electron launches next year completely booked. We see the market for the Electron product being very strong and this manifest validates that. Frequent launch opportunities, flexibility over schedule and control over orbiter deployment are what our customers are looking for and that’s what Electron has been providing and will continue to provide in the new year. Number of Hedge Fund Investors: 11 Redditors on WallStreetBets like Bank of Nova Scotia (NYSE:BNS) because of its dividend yield and stability heading into 2024. The stock’s dividend yield is over 6% as of December 19. Bank of Nova Scotia (NYSE:BNS) recently posted fiscal Q4 results. Adjusted EPS in the period came in at C$1.26. Revenue increased by 8.9% year over year C$8.31 billion. Number of Hedge Fund Investors: 13 Marathon Digital Holdings Inc (NASDAQ:MARA) stock gained a mind-blowing 484% in 2023 through December 19. But retail investors on Reddit WallStreetBets believe the stock has more room to run. A possible start of a new bull run in the crypto space is what causing Redditors to pile into the Las Vegas-based crypto mining company. In November, Marathon Digital Holdings Inc (NASDAQ:MARA) mined 1,187 Bitcoins. As of the end of the third quarter of 2023, 48 hedge funds tracked by Insider Monkey had stakes in Marathon Digital Holdings Inc (NASDAQ:MARA). Number of Hedge Fund Investors: 16 Reddit’s WallStreetBets is growing highly bullish on MicroStrategy Inc (NASDAQ:MSTR) on hopes that Bitcoin will have a further bull run in 2024. Here’s what a Redditor said about the stock in a latest discussion thread on WSB: “It looks like 2024 is going to be the year of Bitcoin, at least for a little while. And no one really better to invest in than the largest corporate holder in the world.” A total of 16 hedge funds in Insider Monkey’s database had stakes in MicroStrategy Inc (NASDAQ:MSTR), up from 13 hedge funds in the previous quarter. The biggest hedge fund stakeholder of MicroStrategy Inc (NASDAQ:MSTR) was Ken Griffin’s Citadel Investment Group which owns a $13.6 million stake in MicroStrategy Inc (NASDAQ:MSTR). Number of Hedge Fund Investors: 24 Online personal finance company SoFi Technologies Inc (NASDAQ:SOFI) has been on Reddit’s WallStreetBets radar for quite some time now. Many called it a meme stock, but SoFi Technologies Inc (NASDAQ:SOFI) is now getting attention from Wall Street as well. In October, the stock jumped 6.9% after Morgan Stanley upgraded the stock to Equalweight from Underweight after the stock fell from Morgan Stanley’s price target. As of the end of the third quarter of 2023, 24 hedge funds tracked by Insider Monkey had stakes in SoFi Technologies Inc (NASDAQ:SOFI). The biggest stakeholder of SoFi Technologies Inc (NASDAQ:SOFI) was Jim Davidson, Dave Roux and Glenn Hutchins’ Silver Lake Partners which owns a $249 million stake in SoFi Technologies Inc (NASDAQ:SOFI). In addition to SOFI, Redditors also like Meta Platforms Inc (NASDAQ:META), NVIDIA Corp (NASDAQ:NVDA) and Amazon.com Inc (NASDAQ:AMZN). Number of Hedge Fund Investors: 27 In a discussion thread on WallStreetBets, a Redditor talked about Unity Software Inc (NYSE:U) and explained why he's bullish on the stock for 2024. His comment got a lot of upvotes. Here is what the comment said: “$U: Apple partnership with Unity Software. Vision Pro coming out early next year. I don’t care how expensive it is or if you don’t believe in ar/vr. Devs will need to make apps and games for that new platform. New CEO after recent price structure debacle. Also recent job cuts and office closures. They are working towards trimming the fat to become profitable. And most importantly looking at technicals/price action. Buyers stepped in with high volume during the recent earnings sell off. And we got follow through the next day. Today the 20dma is crossing positively up and over the 50dma. I’m long.” As of the end of the third quarter of 2023, 27 hedge funds tracked by Insider Monkey had stakes in Unity Software Inc (NYSE:U). HSBC earlier this month started covering Unity Software Inc (NYSE:U) stock with a Hold rating and $37 price target. HSBC believes Unity Software Inc’s (NYSE:U) AdTech business is improving. HSBC is also bullish on Unity Software Inc’s (NYSE:U) revised gaming engine. Number of Hedge Fund Investors: 29 Redditors like Kohls Corp’s (NYSE:KSS) for its dividend and stability. The retailer has a dividend yield of over 6%. During the third quarter, Kohls Corp’s (NYSE:KSS) GAAP EPS came in at  $0.53, beating estimates by $0.14. Like Meta Platforms Inc (NASDAQ:META), NVIDIA Corp (NASDAQ:NVDA) and Amazon.com Inc (NASDAQ:AMZN), KSS is a stock also popular among hedge funds. Click to continue reading and seetheReddit's WallStreetBets is Buying These 5 Stocks for 2024. Suggested Articles: • Forget AMC and Gamestop: 10 New Stocks Reddit’s WallStreetBets Is Buying • 12 Best WallStreetBets Stocks To Buy Now • 10 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts Disclosure.None.Reddit's WallStreetBets is Buying These 13 Stocks for 2024was initially published on Insider Monkey.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "4,133.57", "AUM ($, mm)": "482,893.53", "AUM % Change": "0.86%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,644.50", "AUM ($, mm)": "242,542.85", "AUM % Change": "0.68%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "810.21", "AUM ($, mm)": "18,611.76", "AUM % Change": "4.35%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "596.94", "AUM ($, mm)": "386,358.97", "AUM % Change": "0.15%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "569.97", "AUM ($, mm)": "33,074.69", "AUM % Change": "1.72%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "331.02", "AUM ($, mm)": "48,271.54", "AUM % Change": "0.69%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "260.55", "AUM ($, mm)": "1,601.72", "AUM % Change": "16.27%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "186.81", "AUM ($, mm)": "5,846.74", "AUM % Change": "3.20%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "186.49", "AUM ($, mm)": "101,049.24", "AUM % Change": "0.18%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "152.84", "AUM ($, mm)": "105,066.88", "AUM % Change": "0.15%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-740.94", "AUM ($, mm)": "48,650.28", "AUM % Change": "-1.52%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-640.46", "AUM ($, mm)": "21,532.14", "AUM % Change": "-2.97%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-569.85", "AUM ($, mm)": "62,516.74", "AUM % Change": "-0.91%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-316.70", "AUM ($, mm)": "35,666.81", "AUM % Change": "-0.89%"}, {"Ticker": "EMB", "Name": "iShares JP Morgan USD Emerging Markets Bond ETF", "Net Flows ($, mm)": "-261.48", "AUM ($, mm)": "15,156.88", "AUM % Change": "-1.73%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-213.70", "AUM ($, mm)": "51,946.12", "AUM % Change": "-0.41%"}, {"Ticker": "XLV", "Name": "Health Care Select Sector SPDR Fund", "Net Flows ($, mm)": "-189.07", "AUM ($, mm)": "39,447.45", "AUM % Change": "-0.48%"}, {"Ticker": "IEI", "Name": "iShares 3-7 Year Treasury Bond ETF", "Net Flows ($, mm)": "-174.79", "AUM ($, mm)": "13,027.86", "AUM % Change": "-1.34%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-151.10", "AUM ($, mm)": "8,903.24", "AUM % Change": "-1.70%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-121.44", "AUM ($, mm)": "414,692.38", "AUM % Change": "-0.03%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "12.50", "AUM ($, mm)": "6,712.52", "% of AUM": "0.19%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-16.07", "AUM ($, mm)": "16,864.17", "% of AUM": "-0.10%"}, {"": "Commodities", "Net Flows ($, mm)": "57.49", "AUM ($, mm)": "125,643.61", "% of AUM": "0.05%"}, {"": "Currency", "Net Flows ($, mm)": "-318.65", "AUM ($, mm)": "29,454.65", "% of AUM": "-1.08%"}, {"": "International Equity", "Net Flows ($, mm)": "100.87", "AUM ($, mm)": "1,342,031.44", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "109.63", "AUM ($, mm)": "170,107.83", "% of AUM": "0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "9.62", "AUM ($, mm)": "14,568.08", "% of AUM": "0.07%"}, {"": "Leveraged", "Net Flows ($, mm)": "149.55", "AUM ($, mm)": "83,474.57", "% of AUM": "0.18%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "6,784.04", "AUM ($, mm)": "5,021,174.38", "% of AUM": "0.14%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "902.28", "AUM ($, mm)": "1,359,205.66", "% of AUM": "0.07%"}, {"": "Total:", "Net Flows ($, mm)": "7,791.26", "AUM ($, mm)": "8,169,236.90", "% of AUM": "0.10%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Vidya Ranganathan and Summer Zhen\nSHANGHAI/HONG KONG (Reuters) - Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill.\nCrypto trading and mining has been banned in China since 2021. Run used bank cards issued by small rural commercial banks to buy cryptocurrencies through grey-market dealers, and capped each transaction at 50,000 yuan ($6,978) to escape scrutiny.\n"Bitcoin is a safe haven, like gold," says Run.\nHe now owns roughly 1 million yuan worth of cryptocurrencies, accounting for half of his investment portfolio, compared with just 40% in Chinese equities.\nHis crypto investments are up 45%. China\'s stock market, meanwhile, has been sinking for 3 years.\nLike Run, more and more Chinese investors are using creative ways to own bitcoin and other crypto assets that they believe are safer than investing in crumbling stock and property markets at home.\nThey operate in a grey area. While cryptocurrency is banned in mainland China and there are strict controls on capital movement across the border, people are still able to trade tokens such as bitcoin on crypto exchanges such as OKX and Binance, or through other over-the-counter channels.\nMainland investors can also open overseas bank accounts to buy crypto assets.\nAfter Hong Kong\'s open endorsement of digital assets last year, Chinese citizens are also using their $50,000 annual forex purchase quotas to move money into cryptocurrency accounts in the territory. Under Chinese rules, the money can only be used for purposes such as overseas travel or education.\nChina\'s economic downturn "has made investment on the mainland risky, uncertain and disappointing, so people are looking to allocate assets offshore", said a senior executive of a Hong Kong-based cryptocurrency exchange, who declined to be identified due to sensitivity of the topic.\nBitcoin and crypto assets have attracted such investors, he said: "Almost everyday, we see mainland investors coming into this market."\nAs retail investors make a dash for cryptocurrencies, China\'s brokers and other financial institutions aren\'t far behind. Starved of growth opportunities at home, many of them are exploring crypto-related businesses in Hong Kong.\n"If you are a Chinese brokerage, facing a sluggish stock market, weak demand for IPOs, and shrinkage in other businesses, you need a growth story to tell your shareholders and the board," said the exchange executive.\nThe Hong Kong subsidiaries of Bank of China, China Asset Management (ChinaAMC) and Harvest Fund Management Co are all exploring businesses in the territory that deal in digital assets.\nILL-GOTTEN\nAccess to bitcoin isn\'t that difficult on the mainland, according to Reuters\' checks of online crypto exchanges and interviews with retail investors.\nExchanges such as OKX and Binance still offer trading services for Chinese investors, and guide them to use fintech platforms such as Ant Group\'s Alipay and Tencent\'s WeChat Pay to convert yuan into stablecoins with dealers, to trade cryptocurrencies.\nOKX and Binance did not reply Reuters requests for comment.\nCrypto data platform Chainalysis says crypto-related activities in China have bounced, and its global ranking in terms of peer-to-peer trade volume jumped to the 13th place in 2023, from 144 in 2022.\nDespite being banned, the Chinese crypto market recorded an estimated $86.4 billion in raw transaction volume between July 2022 and June 2023, dwarfing Hong Kong, which witnessed $64 billion in crypto trading, Chainalysis said. And the proportion of large retail transactions of $10,000-$1 million is nearly twice the global average of 3.6%.\nMuch of China\'s crypto activity "takes place through over-the-counters or through informal, grey market peer-to-peer businesses," Chainalysis said in the report.\nBrick-and-mortar crypto exchange stores, have sprouted in Hong Kong\'s busy business and shopping streets. These offline shops are lightly regulated.\nAt Crypto HK, a popular crypto store in the Admiralty district, customers can buy cryptocurrencies with a minimum HK$500 ($64) and are not required to provide any identity documents.\nThe underground crypto market in China is thriving.\nMichael Wang, a dealer who helps individuals buy digital assets, says daily volumes run into several million yuan or even dozens of millions.\nCharlie Wong, a 35-year-old buy-side equity analyst, bought bitcoin via the Hashkey Exchange, an officially recognised marketplace in Hong Kong.\n"It is hard to find opportunties in traditional fields. Chinese stocks and other assets perform poorly ... the economy is undergoing a crucial transition," he said.\nChina\'s crackdown on the property sector over the past three years has battered prices of homes, which were traditionally the mainstay in household savings portfolios. The stock market has fared even worse, with the benchmark CSI 300 Index down by half its value since early 2021.\nBitcoin, by contrast, has leapt 50% since mid-October, and is known for its wild swings.\nWong believes Chinese officials are cognisant of how disruptive bitcoin can be and yet aware of its huge potential, and hence their endorsement of crypto trading in Hong Kong, to keep a toehold in the crypto business booming in financial centres such as Singapore and New York.\nHong Kong, though autonomously governed, is a Chinese sp **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $779,823,333,812 - Hash Rate: 632919956.7514365 - Transaction Count: 340188.0 - Unique Addresses: 573766.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- One of Cathie Wood’s funds has executed a massive shake-up to its Bitcoin-related holdings, selling off its remaining position in the Grayscale Bitcoin Trust because of uncertainty over whether it will be able to successfully convert into an exchange-traded fund. Most Read from Bloomberg Putin Forced to Relocate Ships in Crimea After Ukraine Strikes Maine Bars Trump From State’s 2024 Presidential Primary Ballot L’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion Fortune Bridgewater CEO’s Past Office Romance Led to Favoritism Claims The Late-Night Email to Tim Cook That Set the Apple Watch Saga in Motion The ARK Next Generation Internet ETF sold all of its remaining 2.25 million shares of the Grayscale Bitcoin Trust on Wednesday, according to data compiled by Bloomberg. The same day, it bought 4.32 million shares of the ProShares Bitcoin Strategy ETF, which invests in Bitcoin futures, according to the investment firm’s daily data, making it the second-biggest holder of the fund. The shuffling of holdings comes amid an industry race to get US regulatory approval for the first ETF to invest directly in the biggest cryptocurrency. Wood told Bloomberg Television that the move was made “out of an abundance of caution” in case the Grayscale trust’s conversion to an ETF is not approved by US regulators in early January, which is when many observers expect the Securities and Exchange Commission to green-light the first US spot-Bitcoin ETF. She also noted that the Grayscale trust’s previous large discount to its net asset value has shrunken considerably, which was “double good news for us” when combined with its price increase. The SEC faces a Jan. 10 deadline to decide whether to approve a spot Bitcoin ETF application filed by Wood’s ARK Investment Management LLC and 21Shares, and potentially other similar filings. “We think the probabilities have gone up because the SEC has been highly engaged compared to what was happening before,” Wood told Bloomberg TV on Thursday. Nevertheless, she cautioned that an approval is “not 100% certain.” Story continues “We don’t know exactly who’s going to be approved and whether they’ve met all the criteria that the SEC has put before us,” she said. “We’re as optimistic about Bitcoin as we’ve ever been.” Ark has been trimming its holdings in the Grayscale Bitcoin Trust — which used to be ARK Next Generation Internet ETF’s top holding — in recent months, even as Bitcoin rose to its highest level since April 2022. The cryptocurrency has more than doubled in 2023, with much of the gains coming toward year-end amid speculation that the SEC will finally approve spot Bitcoin ETFs early next month. Bitcoin fell 2.1% to $42,472.50 as of 5 p.m. in New York, while the Grayscale Bitcoin Trust closed 4% lower. Earlier this week, Grayscale Investments said Barry Silbert, the founder and chief executive officer of its parent company Digital Currency Group who’s embroiled in legal disputes, has resigned as chairman and will be succeeded by Mark Shifke, the chief financial officer of DCG. The board shakeup was seen by some as a positive step by Grayscale toward getting the SEC’s approval to convert its fund into to a ETF. Wood touted the Grayscale Bitcoin Trust as her top pick at the Sohn Australia conference last month. Also Wednesday, the ARK ETF bought 20,000 shares of the ARK 21Shares Active Bitcoin Futures Strategy ETF and sold 148,885 shares of crypto exchange Coinbase Global Inc., according to the fund’s report. The ARK Next Generation Internet ETF is up 103% for the year, compared with a 55% advance in the Nasdaq 100 Index. However, the fund’s path has been volatile: It fell 67% in 2022. --With assistance from Denitsa Tsekova, Katie Greifeld and Carol Massar. (Adds moves in Bitcoin and GBTC in eight paragraph.) Most Read from Bloomberg Businessweek Elon Musk Made 2023 All About Himself On The Businessweek Show: What Audiences Actually Want to Watch What Dermatologists Really Think About Those Anti-Aging Products What the Oldest Lab Rodents Are Teaching Humans About Staying Young Surviving the Markets, the Kitchen and War on The Businessweek Show ©2023 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "TBIL", "Name": "US Treasury 3 Month Bill ETF", "Net Flows ($, mm)": "2,808.35", "AUM ($, mm)": "5,616.70", "AUM % Change": "50.00%"}, {"Ticker": "XBIL", "Name": "US Treasury 6 Month Bill ETF", "Net Flows ($, mm)": "526.51", "AUM ($, mm)": "1,053.02", "AUM % Change": "50.00%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "476.64", "AUM ($, mm)": "387,974.79", "AUM % Change": "0.12%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "460.14", "AUM ($, mm)": "62,754.77", "AUM % Change": "0.73%"}, {"Ticker": "BUFC", "Name": "AB Conservative Buffer ETF", "Net Flows ($, mm)": "412.26", "AUM ($, mm)": "430.07", "AUM % Change": "95.86%"}, {"Ticker": "VGLT", "Name": "Vanguard Long-Term Treasury Index ETF", "Net Flows ($, mm)": "339.40", "AUM ($, mm)": "10,280.93", "AUM % Change": "3.30%"}, {"Ticker": "IJR", "Name": "iShares Core S&P Small-Cap ETF", "Net Flows ($, mm)": "296.22", "AUM ($, mm)": "76,392.65", "AUM % Change": "0.39%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "281.53", "AUM ($, mm)": "48,178.43", "AUM % Change": "0.58%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "252.34", "AUM ($, mm)": "61,762.79", "AUM % Change": "0.41%"}, {"Ticker": "DFAC", "Name": "Dimensional U.S. Core Equity 2 ETF", "Net Flows ($, mm)": "226.44", "AUM ($, mm)": "24,840.20", "AUM % Change": "0.91%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-609.29", "AUM ($, mm)": "34,925.63", "AUM % Change": "-1.74%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-515.20", "AUM ($, mm)": "20,500.55", "AUM % Change": "-2.51%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-477.40", "AUM ($, mm)": "18,094.95", "AUM % Change": "-2.64%"}, {"Ticker": "IJS", "Name": "iShares S&P Small-Cap 600 Value ETF", "Net Flows ($, mm)": "-368.10", "AUM ($, mm)": "7,018.79", "AUM % Change": "-5.24%"}, {"Ticker": "USFR", "Name": "WisdomTree Floating Rate Treasury Fund", "Net Flows ($, mm)": "-214.26", "AUM ($, mm)": "17,294.59", "AUM % Change": "-1.24%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "-203.34", "AUM ($, mm)": "104,632.57", "AUM % Change": "-0.19%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-200.63", "AUM ($, mm)": "13,613.73", "AUM % Change": "-1.47%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-189.51", "AUM ($, mm)": "32,801.20", "AUM % Change": "-0.58%"}, {"Ticker": "LCTU", "Name": "BlackRock U.S. Carbon Transition Readiness ETF", "Net Flows ($, mm)": "-182.78", "AUM ($, mm)": "1,364.86", "AUM % Change": "-13.39%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-152.85", "AUM ($, mm)": "15,474.57", "AUM % Change": "-0.99%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "25.64", "AUM ($, mm)": "6,715.26", "% of AUM": "0.38%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "1.67", "AUM ($, mm)": "16,864.17", "% of AUM": "0.01%"}, {"": "Commodities", "Net Flows ($, mm)": "-164.96", "AUM ($, mm)": "125,641.96", "% of AUM": "-0.13%"}, {"": "Currency", "Net Flows ($, mm)": "-62.07", "AUM ($, mm)": "29,672.00", "% of AUM": "-0.21%"}, {"": "International Equity", "Net Flows ($, mm)": "114.64", "AUM ($, mm)": "1,341,970.88", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "96.97", "AUM ($, mm)": "170,107.83", "% of AUM": "0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "-112.87", "AUM ($, mm)": "14,666.89", "% of AUM": "-0.77%"}, {"": "Leveraged", "Net Flows ($, mm)": "150.84", "AUM ($, mm)": "81,739.34", "% of AUM": "0.18%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "1,569.11", "AUM ($, mm)": "5,020,894.57", "% of AUM": "0.03%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "2,620.46", "AUM ($, mm)": "1,359,210.59", "% of AUM": "0.19%"}, {"": "Total:", "Net Flows ($, mm)": "4,239.43", "AUM ($, mm)": "8,167,483.49", "% of AUM": "0.05%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'The Securities and Exchange Commission has delayed ruling on spot Ethereum ETF applications byGrayscale InvestmentsandBlackRockInc., the agency said in regulatory filings on successive days.\nThe agency said Thursday it would need more time to decide on Grayscale’s proposal to convert its Ethereum Trust product into an ETF. The filing followed a similar announcement by the regulator on Wednesday to extend its deliberations on a BlackRock Ethereum ETF product by 45 days.\nThe Commission is instituting proceedings to allow for additional analysis,” the SEC said in its Grayscale filing, noting that its decision was consistent with securities law "‘designed to prevent fraudulent and manipulative acts and practices\'" and "\'to protect investors and the public interest.’”\nSpot Ethereum ETF products are based primarily on the price of ether, the world’s second largest cryptocurrency by market capitalization behind bitcoin. Grayscale and BlackRock filed their Ethereum applications last fall amid rising investor optimism that the SEC was looking more favorably at spot crypto products. On Jan. 10, the regulator approved 11spot bitcoinETFs.\nAs the SEC neared a decision on those applications, it met frequently with issuers and exchanges on which the products would be traded to address concerns about investor safety. How far the regulator’s thinking has progressed at this point was unclear from the filings, although it seemed to encourage public input in its Grayscale filing.\n“What are commenters’ views on whether the proposed Trust and Shares would be susceptible to manipulation?,” the SEC said. “What are commenters’ views generally on whether the Exchange’s proposal is designed to prevent fraudulent and manipulative acts and practices? What are commenters’ views generally with respect to the liquidity and transparency of the ETH markets and the ETH markets’ susceptibility to manipulation?\nEthereum is a smart contracts blockchain platform used by software developers to build their projects, while bitcoin is primarily used as currency.\nEther and bitcoin were both trading flat over the past 24 hours, with ETH perched at about $2,220 and BTC at around $39,900. Major cryptocurrencies have struggled since the spot bitcoin approvals.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'A recent analysis by financial services firm Cantor Fitzgerald has raised concerns among Bitcoin miners, suggesting that many may struggle to maintain profitability following the upcoming halving event. The report highlights that eleven of the largest publicly traded Bitcoin miners could face significant financial pressure if the price of BTC remains at the current $40,000 level after the halving.\nThe report identifies Argo Blockchain and Hut 8 Mining as the two miners most likely to face profitability issues after the halving, with their "all in" cost-per-coin rates currently exceeding the current Bitcoin price. In total, 11 Bitcoin miners have estimated cost-per-coin exceed the $40,000 level.\nIn contrast, Cantor analysts expect Singapore-based Bitdeer and U.S.-based CleanSpark to remain profitable, assuming an average Bitcoin price of $40,000 and no significant changes in hash rate. The report estimated that the cost-per-coin for Bitdeer is $17,744, while CleanSpark’s stands at $36,896.\nThe analysis wascitedby CleanSpark executive chairman and co-founder Matthew Shultz in a January 25th post.\nAs Bitcoin miners\' revenues are directly tied to the price of Bitcoin, miners may experience increased challenges in ensuring the revenue generated from mining Bitcoin can be profitable after covering operational costs.\nThe Bitcoin halving, scheduled for April, involves a 50% reduction in the block rewards received by Bitcoin miners. While this supply reduction is generally viewed as bullish for Bitcoin\'s long-term price prospects, it also means that miners with high operational costs could face severe challenges if the price of Bitcoin does not rise sufficiently to cover these costs.', 'A recent analysis by financial services firm Cantor Fitzgerald has raised concerns among Bitcoin miners, suggesting that many may struggle to maintain profitability following the upcoming halving event. The report highlights that eleven of the largest publicly traded Bitcoin miners could face significant financial pressure if the price of BTC remains at the current $40,000 level after the halving.\nThe report identifies Argo Blockchain and Hut 8 Mining as the two miners most likely to face profitability issues after the halving, with their "all in" cost-per-coin rates currently exceeding the current Bitcoin price. In total, 11 Bitcoin miners have estimated cost-per-coin exceed the $40,000 level.\nIn contrast, Cantor analysts expect Singapore-based Bitdeer and U.S.-based CleanSpark to remain profitable, assuming an average Bitcoin price of $40,000 and no significant changes in hash rate. The report estimated that the cost-per-coin for Bitdeer is $17,744, while CleanSpark’s stands at $36,896.\nThe analysis wascitedby CleanSpark executive chairman and co-founder Matthew Shultz in a January 25th post.\nAs Bitcoin miners\' revenues are directly tied to the price of Bitcoin, miners may experience increased challenges in ensuring the revenue generated from mining Bitcoin can be profitable after covering operational costs.\nThe Bitcoin halving, scheduled for April, involves a 50% reduction in the block rew **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $790,383,741,781 - Hash Rate: 531512891.8575599 - Transaction Count: 493218.0 - Unique Addresses: 683719.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally. Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end powered the rally in the sector in recent weeks.Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. Meanwhile, bitcoin, the world's largest cryptocurrency, soared more than 150% this year and surged past the $42,000 mark for the first time since April 2022 before retreating to near 40,000 levels. The massive rally came on the back of broad Enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs (read: Bitcoin Reaches $42,000: 5 ETFs More Than Double in 2023).Given the broad-based rally across sectors, we have highlighted five best-performing ETFs from different industries that have made technology the best performer. These areVanEck Vectors Digital Transformation ETFDAPP,Valkyrie Bitcoin Miners ETFWGMI,ARK Next Generation Internet ETF(ARKW),VanEck Vectors Semiconductor ETFSMH andSPDR NYSE Technology ETFXNTK. Finally, the Fed, in the latest FOMC meeting, hinted at three rate cuts for the next year while keeping the rates steady for this year. The central bank will cut rates by 75 bps next year, up from the previous forecast of two rate cuts in 2024. Markets are now pricing in a nearly 60% chance that the Fed will begin to cut rates in its March meeting, up from 40% the day prior, per data from the CME Group.As the tech sector relies on borrowing for superior growth, it is cheaper to borrow more money for initiatives when interest rates are low. The reductions in interest rates, coupled with the ongoing rise of AI, will act as a major tailwind for the next year. Higher spending across the software, semiconductors, and digital media consumer sectors will provide a further boost to the sector.The expansion of AI applications holds the promise of ushering in fresh opportunities for growth within the sector. The global digital shift has accelerated e-commerce for everything, ranging from remote working to entertainment and shopping, thereby bolstering strength in the sector. The rapid adoption of cloud computing, big data, the Internet of Things, wearables, VR headsets, drones, virtual reality, machine learning, digital communication, blockchain and 5G technology will continue to fuel a rally.Further, the tech titans have strong balance sheets, durable revenue streams and robust profit margins, making them attractive investments. They are better positioned to withstand a possible economic downturn and have demonstrated improved cost discipline.VanEck Vectors Digital Transformation ETF (DAPP) – Up 191.8%VanEck Vectors Digital Transformation ETF aims to offer exposure to companies that are at the forefront of digital asset transformation, such as digital asset exchanges, payment gateways, digital asset mining operations, software services, equipment and technology or services to the digital asset operations, digital asset infrastructure businesses or companies facilitating commerce with the use of digital assets. VanEck Vectors Digital Transformation ETF tracks the MVIS Global Digital Assets Equity Index and holds 22 securities in its basket. It charges 50 bps in annual fees and has accumulated $64.3 million in its asset base.Valkyrie Bitcoin Miners ETF (WGMI) – Up 190.8%Valkyrie Bitcoin Miners ETF is an actively managed ETF that invests at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenues or profits from bitcoin mining operations and from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. Valkyrie Bitcoin Miners ETF holds 22 stocks in its basket, with a double-digit concentration on the top four firms. It has amassed $33 million in its asset base and charges 75 bps in annual fees.ARK Next Generation Internet ETF (ARKW) – Up 84.5%ARK Next Generation Internet ETF is an actively managed fund focusing on companies expected to benefit from the shift in technology infrastructure to the cloud, enabling mobile, new and local services. The fund holds 35 stocks in its basket. ARK Next Generation Internet ETF has amassed $1.6 billion in its asset base and charges 88 bps in annual fees (read: 5 Tech ETFs That Outperformed XLK in the Past Week).VanEck Vectors Semiconductor ETF (SMH) – Up 65.7%VanEck Vectors Semiconductor ETF offers exposure to the companies involved in semiconductor production and equipment. SMH follows the MVIS US Listed Semiconductor 25 Index, which measures the overall performance of companies involved in semiconductor production and equipment. VanEck Vectors Semiconductor ETF holds 26 stocks in its basket.  SMH has managed assets worth $10.9 billion and charges 35 bps in annual fees and expenses. It has a Zacks ETF Rank #1 (Strong Buy) with a High risk outlook (read: Semiconductors Lead Decade's Top Gainers: 3 ETFs Up At Least 550%).SPDR NYSE Technology ETF (XNTK) – Up 64.8%SPDR NYSE Technology ETF provides exposure to 35 leading U.S.-listed technology-related companies by tracking the NYSE Technology Index. Semiconductors take the largest share at 26%, while systems software, application software, application Software and broadline retail round off the next four spots. SPDR NYSE Technology ETF has amassed $625.1 million and charges 35 bps in annual fees. 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 Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['TACOMA, Wash. (AP) — A Washington state man who made over 20 “swatting” calls around the country and in Canada, prompting emergency responses to his fake bombing, shooting and other threatening reports, pleaded guilty on Thursday to four crimes.\nAshton Garcia, 21, pleaded guilty Thursday in U.S. District Court in Tacoma to two counts of extortion and two counts of threats and hoaxes regarding explosives, U.S. Attorney Tessa M. Gorman said in a news release. He wasinitially chargedwith 10 felony counts.\nFederal prosecutors say Garcia used voice-over-internet technology to conceal his identity during the calls in 2022 and 2023. He also urged others to listen as he broadcast them on the social media platform Discord.\nGarcia in several cases collected personal information about his victims and threatened to send emergency responses to their homes unless they turned over money, credit card information or sexually explicit images.\nLaw enforcement responded and entered some of the homes with guns drawn and detained people inside, prosecutors said.\nHe also called in fake bomb scares for the Fox News station in Cleveland, Ohio, and for a flight from Honolulu to Los Angeles. In another instance, he threatened to bomb an airport in Los Angeles unless he received $200,000 in Bitcoin.\nSuch hoaxes can prove deadly. In 2017, a police officer in Wichita, Kansas,shot and killed a manwhile responding to a hoax emergency call.\nThe indictment does not indicate how investigators identified Garcia as a suspect. Prosecutors recommend that Garcia, of Bremerton, serve four years in prison as part of his plea agreement. His sentencing is scheduled for April.\nGarcia placed the calls to agencies in Washington, California, Georgia, Illinois, Kentucky, Michigan, Minnesota, New Jersey, Ohio, Pennsylvania, Colorado, and Edmonton, in Alberta, Canada, prosecutors said.\nGarcia remains jailed at the Federal Detention Center at SeaTac, Washington.', '• US stocks traded mixed after key indicators sent mixed signals about the economy.\n• Core inflation dipped below 3%, coming in cool, but consumer spending rose 0.7%.\n• Intel fell nearly 12% after giving weak guidance for the current quarter in its latest earnings report.\nUS stocks wavered on Friday after two key indicators sent mixed signals about the economy.\nMajor indexes were mixed as investors took in spending data and the latest measure of inflation.\nPersonal Consumption Expenditure data, the Fed\'s preferred gauge, showed cored inflation rose 2.9% last month, the slowest pace in almost three years. Meanwhile, consumer spending ramped up by 0.7% as Americans capped the holiday season by splurging an extra $133.9 billion in personal expenditures in December.\nThe data is a mixed bag, showing that inflation is falling but high interest rates from the Fed haven\'t done much to curb strong consumer demand, which could be an input for inflation to remain elevated.\nIntel\'s earnings disappointed investors, with the stock falling nearly 12% and pulling the Nasdaq index lower. The chipmaker\'s fourth-quarter results beat estimates but let investors down with weak guidance for the current quarter.\nYields on the two-year and 10-year Treasury ticked up, to 4.35% and 4.14% respectively.\n"Markets are slightly bearish today as last month\'s pace of consumer spending data flew past projections, which contributed to yesterday\'s big beat on GDP," José Torres, senior economist at Interactive Brokers, said. "While this morning\'s inflation data generally matched estimates, bond traders are demanding more compensation because of strong consumer spending that has elevated the risks of additional price pressures."\nHere\'s where US indexes stood shortly after the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,890.97, down 0.07%\n• Dow Jones Industrial Average:38,109.43, up 0.16% (+60.30 points)\n• Nasdaq Composite:15,455.36, down 0.36%\nHere\'s what else is going on:\n• The Fed\'s lack of innovation with the dollar means China, India, and otherswill dominate the digital currency race.\n• These are3 things Tesla should doafter its market value shrunk $80 billion in a single day, according to Wedbush.\n• Boeing\'s embarrassing 737 Max disastercould hit entire US economy, an aviation expert said.\n• TheUS housing market is showing renewed signs of lifeas 2024 begins as pending home sales jump 8.3%.\n• The AI hype is a\'classic example of a big market delusion,\' just like the dotcom era, investing pioneer Rob Arnott said.\n• There are3 reasons the US economy\'s strength right now is a head-fake,according to Mohamed El-Erian.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 0.98% to $78.12 a barrel.Brent crude, the international benchmark, climbed up by 1.52% to $83.68 a barrel.\n• Goldwas up 0.01% to $2,018 per ounce.\n• The10-year Treasury yieldedged up to 4.141%.\n• Bitcoinjumped 5.2% to $41,907.\nRead the original article onBusiness Insider', "I subscribe to a plethora of stock market information services. It comes with the job, you know. Earlier this week, several of these tools sent me a whole lot of news announcements, nearly buzzing that phone out of my pocket. I was in for an eye-opening discovery.\nAccording to these unexpected notifications,Netflix(NASDAQ: NFLX)justsplit its stock. Oh? Maybe they announced it in that game-changing earnings report and nobody noticed? I guess it could happen.\nWait --International Business Machines(NYSE: IBM)did the same thing. Then there'sBank of America(NYSE: BAC),Apple(NASDAQ: AAPL), andToyota Motor(NYSE: TM), just to name a few. There's no way all of these giants could have performed stock splits in unison, like a Gregorian chant of Wall Street accounting tricks, without generating miles and miles of headlines. Besides, I couldn't find the same stock-split announcements through my usual sources, which focus on the American stock market.\nSo I looked at the notifications again, zeroing in on the stock tickers. And then it hit me.\nThese stock splits, all taking place on Wednesday, didn't actually involve the American stocks. Every single announcement was about each company's presence on theArgentinianstock market, at the Buenos Aires exchange.\nYes, Netflix and Apple really did split their stocks this week, but not because their listings on the NYSE and Nasdaq exchanges were growing too pricey. Most of them may get there soon, and I wouldn't be terribly surprised to see a normal Netflix split someday soon -- but Bank of America's shares only cost $33 each.\nThings look very different on the Buenos Aires exchange, where investors must struggle with Argentina's incredible hyperinflation. Here, Netflix trades at roughly 14,700 Argentine pesos per share after Wednesday's 3-for-1 stock split. That's about $18 at current exchange rates. But things change fast in Argentina. In early December, the same stash of pesos was worth $41. A year ago, it was $79. It's no wonder that American companies feel the need to adjust their share prices amid this catastrophic exchange-rate trend.\nThe U.S. dollar's inflation rate briefly soared to 9.1% in June 2022. It was a painful jump with game-changing effects on business and personal finance in this country, sparking heavy-handed anti-inflation policies from every level of our government.\nThe Argentine crisis is orders of magnitude worse. December's prices were 25.5%above November'sand 211% higher on the same year-over-year basis you see most often in American inflation reports.\nYou might think the prices of American stocks on the Buenos Aires exchange are a low priority in times like these. However, Argentinians with the means and foresight to invest in these stable value stores have a powerful financial tool in their hands. As the peso loses its value, alternatives such as stocks, physical gold, orBitcoin(CRYPTO: BTC)become incredibly important. Other defensive options include real estate holdings, cars, or bills and coins in foreign currencies such as the dollar.\nThe total value of Netflix, Toyota, and Apple shares on the Buenos Aires market are always in lockstep with their underlying American counterparts, filtered through the effective currency exchange rates and different number of shares. Tapping into your foreign stock holdings (and other stable assets) can keep food on your table when the pesos in your pocket are turning worthless.\nThis reminder of the Argentine inflation crisis may not improve my investing strategy by much, but those buzzing notifications opened my eyes to the sheer scale of this monetary disaster. Now I understand why Netflix pointed to the falling peso as a 3% currency-exchange headwind for its top-line growth in the next quarter. Andthe American situationdoesn't seem likely to mirror the Argentine crisis anytime soon, but a healthy reserve of gold or Bitcoin could be a life-saver if the next local inflation crisis is any worse than the recent one.\nThese stock splits, initially a curiosity, reveal the profound impact of global economic shifts. They underscore a vital truth for investors: the importance of vigilance in an interconnected world and the wisdom of diversifying beyond the traditional stock market. Diversify, stay alert, and maybe keep some Bitcoin or gold handy for a rainy day -- because when it rains on the scale of a national economy, it really pours.\nWhen\xa0our analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade,Motley Fool Stock Advisor, has tripled the market.*\nThey\xa0just revealed what they believe are theten best stocksfor investors to buy right now… and Walmart wasn't one of them! That's right -- they think these 10 stocks are even better buys.\nSee the 10 stocks\n*Stock Advisor returns as of 1/22/2024\nBank of America is an advertising partner of The Ascent, a Motley Fool company.Anders Bylundhas positions in Bitcoin, International Business Machines, and Netflix. The 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: 2024-01-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $819,633,422,912 - Hash Rate: 597952003.3397549 - Transaction Count: 597446.0 - Unique Addresses: 718169.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – December 20, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Coinbase Global, Inc. COIN, Block Inc. SQ, Interactive Brokers Group, Inc. IBKR and PayPal Holdings, Inc. PYPL. Here are highlights from Tuesday’s Analyst Blog: Bitcoin to Shine in 2024: Are These 5 Stocks on Your Radar? The cryptocurrency market has had an impressive 2023 after rebounding from last year’s lows. The recent rally amid renewed optimism hints at a promising 2024 for the space. Bitcoin (BTC), the world’s most prominent and popular cryptocurrency, has particularly put up a great show this year. Earlier this month, Bitcoin briefly rallied above $44,000 and has been hovering around $41,500 since last week. Other major cryptocurrencies like Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE) and BNB (BNB) have also seen an upward trend. Year to date, Bitcoin, Ethereum, Cardano and Dogecoin have rallied 150.2%, 80.4%, 130.8% and 27.1%, respectively. Last year, the cryptocurrency market suffered a series of setbacks, largely attributed to a couple of unfortunate incidents, notably the FTX bankruptcy resulting from a major fraud and the crash of Tera Luna. This year’s rally has been driven by multiple positive news despite the Federal Reserve’s aggressive monetary policy. The recent rally has been sparked by renewed optimism as the Federal Reserve gears up to end its monetary tightening policy. An increase in interest rates usually has a detrimental effect on growth-oriented sectors, which include technology, consumer discretionary industries and cryptocurrencies. Also, market participants are confident about an imminent approval from the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). This potential approval is expected to have a significant impact on boosting the cryptocurrency market. Moreover, the Federal Reserve refrained from hiking interest rates for the third straight time in its December FOMC meeting. The Fed left its benchmark policy rates unchanged in the current range of 5.25-5.50% after hiking interest rates by 525 points since March 2022. The Federal Reserve also said that it will closely monitor inflation data and try not to keep interest rates higher for a longer period. The central bank is now expected to start cutting rates in 2024, with officials expecting at least three 25-basis point rate cuts next year. Story continues A rise in interest rates typically has an adverse impact on growth-oriented sectors, encompassing technology, consumer discretionary industries and cryptocurrencies. Hence, rate cuts in the near term bode well for the cryptocurrency market. Stocks to Watch NVIDIA Corp. is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence, and the mining or production of cryptocurrencies. NVIDIA’s expected earnings growth rate for next year is 61.5%. The Zacks Consensus Estimate for current-year earnings has improved 14.4% over the last 60 days. Currently, NVIDIA has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here Coinbase Global, Inc. offers financial infrastructure and technology to support the global cryptocurrency economy. COIN provides a main financial account for consumers in the crypto space, a marketplace with liquidity for institutional crypto asset transactions, and technology and services for developers to build crypto-based applications and accept cryptocurrencies securely as payment. Coinbase Global’s expected earnings growth rate for next year is 30.5%. The Zacks Consensus Estimate for current-year earnings has improved 45.7% over the last 60 days. Coinbase currently carries a Zacks Rank #2. Block Inc. is an online digital and mobile payment platform for consumers and merchants and is the parent company of Square and Cash App. The users of Cash App can buy, sell, send and receive Bitcoin. In addition, SQ’s decentralized tbd platform allows developers to build decentralized finance applications to run on programmable blockchains. SQ is also one of the largest Bitcoin investors. Block has an expected earnings growth rate of 53.4% for next year. The Zacks Consensus Estimate for current-year earnings has improved 17.2% over the last 60 days. SQ currently carries a Zacks Rank #2 Interactive Brokers Group, Inc. is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures. Interactive Brokers Group has an expected earnings growth rate of 41.7% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 60 days. IBKR currently has a Zacks Rank #3 (Hold). PayPal Holdings, Inc. provides digital wallet services that enable users to purchase, transfer, and sell various cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Through PYPL, users can use cryptocurrencies to pay for goods and services from online merchants. Additionally, PayPal’s mobile wallet platform, Venmo, also allows users to engage in cryptocurrency buying and selling activities. PayPal Holdings’ expected earnings growth rate for the current year is 11.5%. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the last 60 days. PYPL currently has a Zacks Rank #3. Why Haven’t You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research View comments... - Reddit Posts (Sample): [['u/ljosavi', 'Do all people who mine BTC make money?', 40, '2024-01-27 00:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/1abwp6u/do_all_people_who_mine_btc_make_money/', "I am learning, and I'm aware how mining works. With the course I took, I was told that the miner who guesses the correct nonce first gets all the BTC rewards (reward for mining 6.25btc and all the transaction fees). With all that being said, how do some people earn 0.1btc per day? Are they collectively mining? If someone can explain it to me I'd appreciate it very much, thanks", 'https://www.reddit.com/r/BitcoinBeginners/comments/1abwp6u/do_all_people_who_mine_btc_make_money/', '1abwp6u', [['u/bitusher', 18, '2024-01-27 00:58', 'https://www.reddit.com/r/BitcoinBeginners/comments/1abwp6u/do_all_people_who_mine_btc_make_money/kjqi2ef/', '>how do some people earn 0.1btc per day? \n\nhttps://btc.com/tools/mining-calculator\n\nAs you can see very few people earn 0.1 BTC a day . This would be a decent size mining farm of ~383 modern S19xp ASICs going for 5k usd each . This 0.1 BTC a day is not profit as electricity expenses would be very high as well.\n\nYou should be very skeptical of anyone that suggests they are mining 0.1 BTC a day unless its a very large business \n\n> Are they collectively mining?\n\nyes, most people pool mine\n\n>Do all people who mine BTC make money?\n\nMany people lose money as mining is very competitive . Unless you have free energy from sunk investment , recyclable waste energy , or very cheap sources of energy its very likely you will lose money. \n\nAvoid all cloud mining too . All of it is a scam or will make you lose money', '1abwp6u'], ['u/bitusher', 15, '2024-01-27 01:08', 'https://www.reddit.com/r/BitcoinBeginners/comments/1abwp6u/do_all_people_who_mine_btc_make_money/kjqji4f/', '> So essentially the most profitable miners all mine 6.25btc+fees?\n\nI just said above that it would take 383 expensive ASICs to mine 0.1 BTC a day . In order to mine ~7 BTC a day you would need almost 27 thousand ASICs \n\nDo you have 134 million usd to invest in 27k ASICs not including the other infrastructure?', '1abwp6u']]], ['u/rainbowznsunshine', 'He fcked another woman on a work trip. I’m out- do II leave silently or leave a note giving a piece of my mind?', 55, '2024-01-27 00:56', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/', '“Dating” the fcker for 2 years went thru his phone saw all nasty vids & msgs w his bros ab the thick btches he claps while on work trips. PLEASE help me figure this out I hate him I wanna vanish from his life mid day & have him return home to nothing w just a single note on his bed that I wrote talkin ab ‘how could you do this to me physically emotionally energetically this is disgustingly immoral all for some sx and kisses and flirting you’re so pathetic i loved you I didn’t deserve this how dare you act like you’re a good Christian man & you’re over here in the streets how dare you think you can get inside other women then get inside me you’re sick in the head you could’ve given me something hope yall used condoms hope it was all worth it fck you asshoIe’ blah blah but then I thought should i just leave it like a mysterious sentence ‘hope the sex was worth it’ or ‘you can go run around on somebody else have a nice life’ or idk is that lame does that make me look like I care or will it sting him? I wanted to destroy/sell his Jordan’s & gold jewelry I bought him but I’m listening to the mature advice that I will silently leave & block but damn do I still wanna sting him wtf it’s not fair leaving glowing up having a happy nc life is not enough for me I need to sting him back man. Give him a piece of mine, or keep it short dont do too much, or just leave silent without a trace? & how could/would I let him know Ik he cheated without knowing I went thru his phone? Would that be impossible? I mean there’s legit no other way I could know other than seeing the videos/texts I think. Is there any way? \n\nTldr: should I leave silently or write a note? How do I maturely sting him back beside living my best life? Tysm', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/', '1abwww0', [['u/grumpy__g', 114, '2024-01-27 01:09', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqjm1o/', 'More important:\n\nWho pays the rent? Whose name is on the lease?\n\n\nI would take all the stuff and just leave without saying anything. But be smart about it. Make sure that it’s legal what you do.\nAnd do it when he is on his next work or at least long enough away.', '1abwww0'], ['u/virtualchoirboy', 75, '2024-01-27 01:11', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqjz6b/', "Don't bother trying to make him feel guilty. If that were an option, he never would have cheated in the first place.\n\nSo, you already know the best is going on to live your best life, especially if it's with someone else. The most you could really do is try to go through his phone again despite the privacy invasion, capture screenshots, and save them so that you could share them to counter any lies he may tell later. Especially if he lies to his family about you.\n\nOutside of that, just leave him behind like the trash that he is.", '1abwww0'], ['u/Jilltro', 49, '2024-01-27 01:25', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqm3fm/', 'Nothing you write is going to hurt or impact him because he doesn’t care about you. He’s not going to feel bad. Hold your head high and leave silently. \n\nI’ve been there and the urge to hurt him back is overwhelming. I used to fantasize about getting revenge somehow but now I don’t think about him at all. I know it doesn’t feel like it now but living well really is the best revenge.', '1abwww0'], ['u/yung_tyberius', 25, '2024-01-27 01:35', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqnkr0/', "Just be smart. He was dumb. Make sure whatever you do doesn't compromise your own life and well being, and as soon as you are back on your own two feet, get tested. Also, block that dude. He might try to say it was a joke, or that he was putting on for the boys. We don't do that when we love someone. Not even as jokes. Straight up. I hope things get better.", '1abwww0'], ['u/rainbowznsunshine', 41, '2024-01-27 01:38', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqo43p/', 'He does, his dad is coming to stay at his apartment next week and the cheating ass btch has asked me to make dinners and bake muffins for his workplace and father. Unbelievable lol. I said yes but I’m planning on coming and vanishing from his life in a few days right before his dad arrives. I even flew to his home state and met his whole fam for his bday his dad talks about being my FIL his mom and I talk on FaceTime and exchange gifts like we are pretty close & they all and myself included rlly thought that me n this dude were dating for 2 years too but nope lol dude been cheating whole damn time. So ty yeah maybe I should go get the rest of the evidence. I only got two parts because of how much I was violently shaking but it’s more than enough to know he’s a nasty dog. It’s crazy you shoulda seen his text thread to me mom and dad vs the bros. Holy fuck who are u', '1abwww0'], ['u/rainbowznsunshine', 40, '2024-01-27 01:40', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqobsw/', 'Right. It’s all on him and I have my own studio I just need to get all my existence vanished from his apartment in a few days. For the sub, would you mind sharing please? Or msging if not? Thank you so much', '1abwww0'], ['u/rainbowznsunshine', 12, '2024-01-27 01:45', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqp3q1/', 'This is what I’m saying. And ik this guy and he would absolutely try some bs line like those. I admittedly have been extremely dumb and vulnerable loving and forgiving and trusting when I shouldn’t have been, so I know he does this bc he knows he can. He fakes all this bullshit ab how he wants to marry me how much he loves me & it’s all so empty fckin fake meaningless bs. You just can’t fckn do this to someone you love. Idc how much men are biologically wired to want it no man there are faithful men in the world I refuse to settle for some fake ass cheater. Thank you I will be smart and just block and get tested stat.', '1abwww0'], ['u/dataslinger', 87, '2024-01-27 01:48', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqpn0r/', "Screenshot the videos and texts, print them out and leave under his dad's pillow in the guest room.", '1abwww0'], ['u/rainbowznsunshine', 27, '2024-01-27 02:09', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqsnkr/', 'Thank you so much. The advice I don’t rly wanna hear but know I need to hear. It hurts but someone who truly cares about you doesn’t do this bs I have to tell myself. Better to be mature and silent and leave him where his lame ass is at. Much appreciated will do', '1abwww0'], ['u/Drewabble', 45, '2024-01-27 02:18', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqu0nz/', 'Now THIS is a solid move lol. Truly iconic.', '1abwww0'], ['u/theoldman-1313', 12, '2024-01-27 02:20', 'https://www.reddit.com/r/relationships/comments/1abwww0/he_fcked_another_woman_on_a_work_trip_im_out_do/kjqu93t/', 'I actually think that just leaving without notice or explanation is the best way to get back at your STBX. He is going to be tr... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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(CRYPTO: BTC)is the most popular cryptocurrency in the world, with its name almost synonymous with crypto itself. But over the years, the crypto world has grown in size, and there are more digital currencies available. Let\'s look at just how popular Bitcoin is right now, and whether or not it has become less prominent over the past year.\nA key metric in crypto is how dominant a coin is compared to the entire crypto market. The calculation is simple: Take a cryptocurrency\'s market cap and divide it by the total market cap of all crypto.\nBitcoin, for example, has a market cap of around $760 billion. According to CoinMarketCap, the total crypto market has a value of $1.5 trillion, which would put Bitcoin\'s dominance percentage at approximately 50.7%.\nThis means it makes up a little more than half of the entire crypto market\'s total valuation.Ethereum, the next largest coin, has a market cap of $265 billion, putting its dominance percentage at 17.7%. No other cryptocurrency even comes close to a 10% dominance score today.\nThe dominance percentage can and will change often, depending on not just the price of Bitcoin itself but other cryptocurrencies as well. Here\'s a breakdown of Bitcoin\'s dominance percentage at the start of each month, going back to January 2023:\n[{"Month": "January 2023", "BTC Dominance %": "38%"}, {"Month": "February 2023", "BTC Dominance %": "41%"}, {"Month": "March 2023", "BTC Dominance %": "40%"}, {"Month": "April 2023", "BTC Dominance %": "45%"}, {"Month": "May 2023", "BTC Dominance %": "45%"}, {"Month": "June 2023", "BTC Dominance %": "44%"}, {"Month": "July 2023", "BTC Dominance %": "48%"}, {"Month": "August 2023", "BTC Dominance %": "47%"}, {"Month": "September 2023", "BTC Dominance %": "46%"}, {"Month": "October 2023", "BTC Dominance %": "46%"}, {"Month": "November 2023", "BTC Dominance %": "51%"}, {"Month": "December 2023", "BTC Dominance %": "50%"}, {"Month": "January 2024", "BTC Dominance %": "48%"}]\nData source: coingecko.com.\nWhat\'s interesting to note is that Bitcoin\'s popularity actuallyincreasedover the course of the past year. A big part of that is likely due to the growing anticipation of the approval of severalspot Bitcoin exchange-traded funds (ETFs), which finally took place earlier this month. Investors were expecting an uptick in Bitcoin\'s price due to the approvals, which may have also led to more people buying Bitcoin, hoping to cash in on the rising price.\nThanks to the approval of more ETFs, Bitcoin may be seen as the most easily accessible cryptocurrency due to the wide range of investing options that are now available. For new investors, it\'s the most well-known digital currency, and given its large size, it may also be seen as the safest option to choose from.\nGiven the high risk in crypto as a whole, new investors may be looking for ways to reduce their risk by going with a big name such as Bitcoin. This safety-seeking approach could lead to a further increase in its dominance percentage.\nAnother likely positive catalyst is the next Bitcoin halving, a regularly scheduled event that should take place in April 2024.\xa0Halving cuts the rewards formining bitcoinsto ensure that supply is controlled. In the past, halving events have been followed by an increase in the price of Bitcoin, for solid reasons of basic economy.\nMining will be less profitable if rewards go down and coin prices don\'t rise. This blockchain network can\'t process transactions without mining activity. Hence, the halving events are important moments for Bitcoin\'s economic model and can influence market dynamics.\nBitcoin\'s dominance percentage doesn\'t make the cryptocurrency a good buy on its own. It\'s simply a metric that can help investors understand market sentiment and see if Bitcoin is gaining or losing popularity. Furthermore, unexpected factors may come into play and change the trajectory of Bitcoin\'s dominance trend. But based on the current data, it\'s evident that Bitcoin remains incredibly popular in the crypto world.\nIf you are considering investing in crypto, Bitcoin may be your best option. Generally, when there is bullishness in the crypto markets, it\'s Bitcoin that is leading the charge. As the largest and most noteworthy digital currency, that\'s likely to be a pattern for the foreseeable future.\nWhile new digital currencies will be smaller and could offer greater returns, there is the potential for even more volatility and risk as well. Bitcoin\'s strong continued dominance is a great way to gauge the strength of its brand in the crypto world. For new investors looking to gain exposure to crypto in their portfolios, Bitcoin may be the best way to do that.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Bitcoin wasn\'t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of January 22, 2024\nDavid Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIs Bitcoin Becoming Less Popular Compared to Other Cryptocurrencies?was originally published by The Motley Fool', 'Bitcoin(CRYPTO: BTC)is the most popular cryptocurrency in the world, with its name almost synonymous with crypto itself. But over the years, the crypto world has grown in size, and there are more digital currencies available. Let\'s look at just how popular Bitcoin is right now, and whether or not it has become less prominent over the past year.\nA key metric in crypto is how dominant a coin is compared to the entire crypto market. The calculation is simple: Take a cryptocurrency\'s market cap and divide it by the total market cap of all crypto.\nBitcoin, for example, has a market cap of around $760 billion. According to CoinMarketCap, the total crypto market has a value of $1.5 trillion, which would put Bitcoin\'s dominance percentage at approximately 50.7%.\nThis means it makes up a little more than half of the entire crypto market\'s total valuation.Ethereum, the next largest coin, has a market cap of $265 billion, putting its dominance percentage at 17.7%. No other cryptocurrency even comes close to a 10% dominance score today.\nThe dominance percentage can and will change often, depending on not just the price of Bitcoin itself but other cryptocurrencies as well. Here\'s a breakdown of Bitcoin\'s dominance percentage at the start of each month, going back to January 2023:\n[{"Month": "January 2023", "BTC Dominance %": "38%"}, {"Month": "February 2023", "BTC Dominance %": "41%"}, {"Month": "March 2023", "BTC Dominance %": "40%"}, {"Month": "April 2023", "BTC Dominance %": "45%"}, {"Month": "May 2023", "BTC Dominance %": "45%"}, {"Month": "June 2023", "BTC Dominance %": "44%"}, {"Month": "July 2023", "BTC Dominance %": "48%"}, {"Month": "August 2023", "BTC Dominance %": "47%"}, {"Month": "September 2023", "BTC Dominance %": "46%"}, {"Month": "October 2023", "BTC Dominance %": "46%"}, {"Month": "November 2023", "BTC Dominance %": "51%"}, {"Month": "December 2023", "BTC Dominance %": "50%"}, {"Month": "January 2024", "BTC Dominance %": "48%"}]\nData source: coingecko.com.\nWhat\'s interesting to note is that Bitcoin\'s popularity actuallyincreasedover the course of the past year. A big part of that is likely due to the growing anticipation of the approval of severalspot Bitcoin exchange-traded funds (ETFs), which finally took place earlier this month. Investors were expecting an uptick in Bitcoin\'s price due to the approvals, which may have also led to more people buying Bitcoin, hoping to cash in on the rising price.\nThanks to the approval of more ETFs, Bitcoin may be seen as the most easily accessible cryptocurrency due to the wide range of investing options that are now available. For new investors, it\'s the most well-known digital currency, and given its large size, it may also be seen as the safest option to choose from.\nGiven the high risk in crypto as a whole, new investors may be looking for ways to reduce their risk by going with a big name such as Bitcoin. This safety-seeking approach could lead to a further increase in its dominance percentage.\nAnother likely positive catalyst is the next Bitcoin halving, a regularly scheduled event that should take place in April 2024.\xa0Halving cuts the rewards formining bitcoinsto ensure that supply is controlled. In the past, halving events have been followed by an increase in the price of Bitcoin, for solid reasons of basic economy.\nMining will be less profitable if rewards go down and coin prices don\'t rise. This blockchain network can\'t process transactions without mining activity. Hence, the halving events are important moments for Bitcoin\'s economic model and can influence market dynamics.\nBitcoin\'s dominance percentage doesn\'t make the cryptocurrency a good buy on its own. It\'s simply a metric that can help investors understand market sentiment and see if Bitcoin is gaining or losing popularity. Furthermore, unexpected factors may come into play and change the trajectory of Bitcoin\'s dominance trend. But based on the current data, it\'s evident that Bitcoin remains incredibly popular in the crypto world.\nIf you are considering investing in crypto, Bitcoin may be your best option. Generally, when there is bullishness in the crypto markets, it\'s Bitcoin that is leading the charge. As the largest and most noteworthy digital currency, that\'s likely to be a pattern 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: 2024-01-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $829,444,287,262 - Hash Rate: 559487254.5869052 - Transaction Count: 636523.0 - Unique Addresses: 731738.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a landmark decision, the U.S. Securities and Exchange Commission finally approved 11 Bitcoin ETFs. The long-awaited decision could lead to increased institutional and retail investor participation in the cryptocurrency market, driving massive inflows and price gains.The approved ETFs are products from major financial players such asGrayscale Bitcoin TrustGBTC,BlackRock’s iShares Bitcoin Trust(IBIT),ARK 21Shares Bitcoin ETF(ARKB),Bitwise Bitcoin ETF(BITB),Invesco Galaxy Bitcoin ETF(BTCO),WisdomTree Bitcoin Fund(BTCW),VanEck Bitcoin Trust(HODL),Franklin Bitcoin ETF(EZBC),Fidelity Wise Origin Bitcoin Trust(FBTC),Valkyrie Bitcoin Fund(BRRR) andHashdex Bitcoin ETFDEFI.These ETFs will be listed across various stock exchanges, including the Chicago Board Options Exchange (CBOE), the New York Stock Exchange (NYSE) and Nasdaq. These are expected to begin trading as early as Thursday, leading to fierce competition for market share (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).The move is considered to be a game changer for cryptocurrency investors and comes after a long history of rejections by the SEC due to concerns about market manipulation, custody issues and the lack of investor protection. In fact, over the years, the SEC has denied more than 30 similar applications. A major turning point occurred last year when the largest money manager, BlackRock, filed for a spot bitcoin ETF. This, along with the legal victory of Grayscale Investments over the SEC, compelled the regulatory body to reconsider its stance.The ETFs will make it easier for investors to gain exposure to Bitcoin without directly owning the asset. This development would not only legitimize Bitcoin in the eyes of mainstream investors but also provide a more accessible avenue for investment, thereby potentially attracting a fresh influx of capital into the crypto market.Each ETF is different from the other in terms of listing, expense ratio and custodian:Grayscale Bitcoin Trust (GBTC):GBTC is the world’s largest Bitcoin ETF, charging 1.50% in annual fees. It is expected to commence trading on NYSE Arca.iShares Bitcoin Trust (IBIT):IBIT will charge 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets. IBIT will trade on the Nasdaq (read: Bitcoin ETFs Set to Explode in 2024 After a Marvelous 2023).ARK 21Shares Bitcoin ETF (ARKB):ARKB seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. It has an expense ratio of 0.21%, with the fee set to be 0% for the first six months or the first $1 billion in assets. ARKB will start trading on CBOE.Bitwise Bitcoin ETF (BITB):The Bitwise Bitcoin ETF will start trading on NYSE Arca. It has the lowest fees among the approved spot bitcoin ETFs at 0.20%. The fee is set to be 0% for the first six months or the first $1 billion in assets.Invesco Galaxy Bitcoin ETF (BTCO):It will trade on CBOE and charge 39 bps in annual fees. However, the fee is set to be 0% for the first six months or the first $5 billion in assets.WisdomTree Bitcoin Fund (BTCW):This ETF will be listed on the CBOE with an expense ratio of 0.30%. For a six-month period commencing Jan 11, the entire fee of 0.30% will be waived for the first $1 billion in assets.VanEck Bitcoin Trust (HODL):This will reflect the performance of the price of Bitcoin. It will charge 25 bps in annual fees and trade on CBOE.Franklin Bitcoin ETF (EZBC):This ETF will trade on the CBOE with an expense ratio of 0.29%.Fidelity Wise Origin Bitcoin Trust (FBTC):Fidelity Wise Origin Bitcoin Trust will also trade on the CBOE with an entire waiver on the fees until Jul 31, 2024. After that, an expense ratio of 0.25% will be levied.Valkyrie Bitcoin Fund (BRRR):Valkyrie Bitcoin Fund will start trading on Nasdaq and has an expense ratio of 0.49%. However, the fee is set to be 0% for the first three months.Hashdex Bitcoin ETF (DEFI):This ETF is to commence trading on NYSE Arca with an expense ratio of 0.90%. Analysts expect significant amounts of money to flow into bitcoin spot ETFs, and that optimism has helped boost the price of bitcoin substantially in recent months. The world's largest cryptocurrency soared about 160% last year in anticipation of regulatory approvals and is up 5% this year (read: Bitcoin Hits $45,000 Mark First Time Since 2022: ETFs in Focus).According to estimates from Bloomberg Intelligence, the spot bitcoin ETF market could grow to $100 billion over time. Financial services provider Galaxy estimates inflows in spot bitcoin ETF products to rise from $14 billion in the first year to $39 billion within three years.According to Standard Chartered analysts, the approval could draw $50 billion to $100 billion in spot bitcoin ETF this year alone, potentially driving the price of Bitcoin as high as $100,000. The price of Bitcoin will likely soar to $200,000 by 2025, implying a 340% upside. A Bernstein analyst believes that the spot Bitcoin ETF approval could push the price of Bitcoin to $150,000 by 2025, implying a 230% upside from its current price.SkyBridge Capital founder Anthony Scaramucci believes that spot Bitcoin ETF approval could attract $100 billion in institutional investments, driving the price of Bitcoin to $330,000 in the not-too-distant future. This implies a 625% upside from its current price. Scaramucci pointed to the BlackRock ETF as being particularly compelling as BlackRock is the largest asset manager in the world.Fundstrat's Tom Lee said Bitcoin could jump to a range of $100,000 to $150,000 in the next 12 months and soar to as high as $500,000 in the next five years. 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 Grayscale Bitcoin Trust (GBTC): ETF Research Reports Hashdex Bitcoin Futures ETF (DEFI): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/TheBestCryptoCasinos', 'Best Crypto Casino Reddit 2024', 278, '2024-01-28 01:10', 'https://www.reddit.com/r/cryptocasino/comments/1acp412/best_crypto_casino_reddit_2024/', "Hello, community! I'm looking for a top crypto casino that allows me to accept and withdraw BTC as well as altcoins like ETH, SOL, and Litecoin. With a sea of choices out there, getting real insights from players like you would be super helpful, so I decided to set up a Reddit poll for you to vote for the best crypto casino in 2024.\n\n# Reddit Vote: What is the top crypto gambling site in 2024?\n\nHere are my picks for the best bitcoin sites of 2024. I picked these BTC casinos based on searches and suggestions. Please vote for your favorite and explain in the comments why a specific Bitcoin casino has hooked you. Your experience can help me and others choose the next go-to site. Would really appreciate it if you could vote, thanks!\n\n*If your favorite crypto casino isn't in the poll, feel free to leave a comment. Note that we're limited to six options for voting.*\n\n[View Poll](https://www.reddit.com/poll/1acp412)", 'https://www.reddit.com/r/cryptocasino/comments/1acp412/best_crypto_casino_reddit_2024/', '1acp412', '[]'], ['u/nullc', 'There is blood in the water, but resist the feeding frenzy', 43, '2024-01-28 02:01', 'https://www.reddit.com/r/bsv/comments/1acq711/there_is_blood_in_the_water_but_resist_the/', "I expect we will see (and are already seeing) a substantial increase in pro-BSV traffic, from BSVers that are dealing with Wright's impeding loss in their own way, from lightning sharks working over time, and from a few new marks that get brought in by the noise and start falling for the con without realizing that it's already dead.\n\nThis isn't a time to respond with irritation to the an increase in erroneous thinking at a time when its erroneous nature could never be more clear.\n\nThis traffic is an [extinction burst](https://en.wikipedia.org/wiki/Extinction_(psychology)#Burst). The same pro-wright narratives no longer work given the latest events, and there is an sudden flurry of activity to try them extra hard to recover their old power. But it doesn't work, because [Wright's own experts have agreed his star evidence is inauthentic](https://bitcoindefense.org/wp-content/uploads/2024/01/2024-01-23-Schedule-of-Dr-Wrights-Further-Forgeries-COPA-v-Wright.pdf). More and more people are learning this and the old speculation about his evidence being irrefutable is no longer viable.\n\nThis activity the signpost that Wright's con just may have reached the end of the road. It's something to celebrate and to respond to with confidence and satisfaction.\n\nFor those who have fought for the public interest these last years hand to hand debunking nonsense-- this is what, without knowing it, you've been practicing for. You've heard all the lies and excuses before, the responses are reflex, there is no need to feel irritation. Parry, thrust, drop the Further forgeries link... you've got this. [Cool Guys Don't Look At Explosions](https://www.youtube.com/watch?v=Sqz5dbs5zmo).\n\nAnd I'm grateful for it because holy @#$@ I'm busy with the trial prep!", 'https://www.reddit.com/r/bsv/comments/1acq711/there_is_blood_in_the_water_but_resist_the/', '1acq711', [['u/Cswlies', 10, '2024-01-28 03:38', 'https://www.reddit.com/r/bsv/comments/1acq711/there_is_blood_in_the_water_but_resist_the/kjwa051/', 'Time flies when you are exposing fraud', '1acq711'], ['u/anonymouscitizen2', 13, '2024-01-28 03:54', 'https://www.reddit.com/r/bsv/comments/1acq711/there_is_blood_in_the_water_but_resist_the/kjwcas0/', 'In some ways I think I’ll miss Craigs comedy but it is about time he faced the consequences of his actions and I don’t want to see any more people suckered into his scheme, even if it is top comedy at times', '1acq711'], ['u/mccormack555', 11, '2024-01-28 21:49', 'https://www.reddit.com/r/bsv/comments/1acq711/there_is_blood_in_the_water_but_resist_the/kk03iao/', 'As the man tried to bankrupt and destroy my life, I am will continue to take pleasure in his demise.', '1acq711']]], ['u/HODL_BBBY', 'Exodus Wallet any Good?', 27, '2024-01-28 02:46', 'https://www.reddit.com/r/Bitcoin/comments/1acr3hl/exodus_wallet_any_good/', 'I’ve been getting some BTC off Coinbase but want to store it separately. I did a little searching online and found Exodus Wallet. Has anyone used it? Is it any good? \n\nReviews or Suggestions appreciated', 'https://www.reddit.com/r/Bitcoin/comments/1acr3hl/exodus_wallet_any_good/', '1acr3hl', [['u/TissueUnflawed', 17, '2024-01-28 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1acr3hl/exodus_wallet_any_good/kjw6kxh/', '> Exodus Wallet\n\nThe developer promised to release the source code, a very long time ago \n\nThese wallets are all better \nhttps://bitcoin.org/en/choose-your-wallet', '1acr3hl']]], ['u/cant_read_this', 'I just saw my first Bitcoin ad on basic cable tv….', 371, '2024-01-28 03:07', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/', 'Kids were watching a movie on regular TV and I heard the guy say Bitcoin and to type in BTC on your ticker. It was an investment company telling you to buy Bitcoin and something about the government devaluing your money. I’m in shock I tell you! \n\nI just can’t believe after all these years I’m watching it reach into house holds now through commercials on the idiot box. How far we’ve come my friends. \n\nWe were and we are still early', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/', '1acrim4', [['u/cant_read_this', 10, '2024-01-28 03:17', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjw6ze2/', 'Right !? WTH do we do now? \n\nI bet the CEO of Bitcoin issues more shares', '1acrim4'], ['u/lofigamer2', 12, '2024-01-28 03:29', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjw8rjv/', '>we are still early\n\nNo, we are mainstream. Early was 10 years ago.', '1acrim4'], ['u/d_e_s_u_k_a', 43, '2024-01-28 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjw9g9w/', "I could ask 100 people on the street how much bitcoin they own and i'd probably get 1-10 who actually have any. That's pretty lowkey still.", '1acrim4'], ['u/Major-Reputation-404', 10, '2024-01-28 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjw9gpv/', 'It’s the beginning of a beautiful crypto era', '1acrim4'], ['u/PepeDeCorozal', 21, '2024-01-28 03:37', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjw9xad/', 'We are not mainstream. Far from it. We are entering the beginning of the "early adopter" curve. Up till now we have been in the "pioneers" end of the graph.', '1acrim4'], ['u/rayfin', 35, '2024-01-28 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwbc6r/', "Was it Bitwise or VanEck? I've only seen commercials from them.", '1acrim4'], ['u/eggaholic69', 33, '2024-01-28 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwbsth/', 'hilarious. about 1% of people actively buy stocks. less buy bitcoin. still early.', '1acrim4'], ['u/lofigamer2', 12, '2024-01-28 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwfvo4/', 'you can ask how many buy gold, and gold has been mainstream for a thousand years. Most people will never invest.', '1acrim4'], ['u/aimbert', 12, '2024-01-28 04:22', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwgbed/', '$BTC has been on wall street for a couple weeks. How many years for Tesla? Nvidia? Etc..', '1acrim4'], ['u/UREveryone', 11, '2024-01-28 04:32', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwhn18/', 'I think what we\'re all missing in the "mainstream" discussion, in this comment section, is that what is mainstream has changed. Or is in the process of changing. Everyone thats jacked in so to speak (and by that i mean all us addicts that look at a screen first thing in the morning) knows about bitcoin and has heard it being talked about since at least 2017.\n\nIs that the majority of the population? Not yet. But its the rising tide, and we\'re on its cusp right now. \n\nI think its worth considering that the old mainstream is phasing out. Its hard to see the change when you\'re in it, but it feels like we\'re right about to go off the cliff.', '1acrim4'], ['u/SouthboundNortherner', 31, '2024-01-28 05:14', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwn8uz/', 'Bitcoin, not crypto.', '1acrim4'], ['u/HurricaneHarvey7', 22, '2024-01-28 05:27', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwp2qg/', 'VanEck https://www.reddit.com/r/Bitcoin/comments/195bt8z/vaneck\\_etf\\_commercial/', '1acrim4'], ['u/Linkamus', 12, '2024-01-28 06:05', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwu13l/', 'Bitcoin you mean. "Crypto" is just noise.', '1acrim4'], ['u/clicksanything', 10, '2024-01-28 06:38', 'https://www.reddit.com/r/Bitcoin/comments/1acrim4/i_just_saw_my_first_bitcoin_ad_on_basic_cable_tv/kjwxyff/', 'Def one of the best out the bunch imo', '1acrim4']]], ['u/Affectionate_Ad_9687', 'UA POV: Russia projects confidence as it pursues alliances to undermine West - Washington Post', 45, '2024-01-28 03:16', 'https://www.reddit.com/r/UkraineRussiaReport/comments/1acrozu/ua_pov_russia_projects_confidence_as_it_pursues/', "# Russia projects confidence as it pursues alliances to... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 podcast, Motley Fool host Ricky Mulvey and Jules van Binsbergen, a finance professor at the University of Pennsylvania\'s Wharton School, discuss:\n• Market sentiment.\n• Savings goals.\n• How to prepare for periods with lower rates of return.\n• Disconnects between the real economy and financial markets.\n• Whether the U.S. stock market is merely a "lucky survivor."\n• The dangers of institutional thinking.\nTo catch full episodes of all The Motley Fool\'s free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nWhen our analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade,Motley Fool Stock Advisor, has tripled the market.*\nThey just revealed what they believe are theten best stocksfor investors to buy right now... and Walmart wasn\'t one of them! That\'s right -- they think these 10 stocks are even better buys.\nSee the 10 stocks\n*Stock Advisor returns as of 1/8/2024\nThis video was recorded on January 14, 2024.\nJules van Binsbergen:It\'s certainly true that stock markets have been supported in their returns by these secularly declining interest rates, because lower interest rate implies higher valuations. But the question is, for how long can you keep that up? If when you\'re gradually slowing down in our economic growth, and is it possible that we can have these very high stock returns from here on forward because the level of stock returns is in equilibrium, tied to the growth rate of the economy.\nMary Long:I\'m Mary Long, and that\'s Jules van Binsbergen, a professor at Wharton, who studies asset pricing and the history of markets. Ricky Mulvey caught up with van Binsbergen to talk about the good news about high valuations, the problem with glide paths, and why the world needs more Galileos. Before we get to that conversation, a quick note that we\'re off tomorrow for the holiday to make it up to you. Today\'s show runs a little bit longer than usual. We hope you enjoy the conversation and the long weekend.\nRicky Mulvey:Joining us now is Jules van Binsbergen. He\'s the co host of the All Else Equal Podcast 1 that I particularly enjoy. I find myself engaging with it, learning from it, disagreeing with it sometimes, he\'s also the Nippon Life Professor in Finance at the Wharton School at the University of Pennsylvania. Jules, welcome to Motley Fool money.\nJules van Binsbergen:It\'s great to be on the show. Thank you so much for having me.\nRicky Mulvey:Let\'s start. We\'re going to tackle some big questions about how much you should save, how risky your savings should be? But first, I want to touch on some research that you\'ve done. Because I think it\'s especially pertinent right now, where we see a lot of investment firms, investment banks starting the year with these large scale market forecasts and they turn out to be very wrong, spectacularly the majority of the time. You\'ve done research on basically, measuring economic sentiment throughout centuries, and how that can actually act is a predictive measure. For folks who are less familiar with the research, how powerful is economic sentiment is a predictive measure for the labor market and business cycles.\nJules van Binsbergen:Indeed, what we did in a recent paper, which is called Almost 200 Years of Economic Sentiment, what we looked at was about 13,000 local newspapers. We just tried to find out from the tone that was used in those newspapers what the level of economic sentiment also across regions in the United States look like and you can then aggregate that to get a national level of economic sentiment. One of the things that we found particularly interesting was that, that economic sentiment did seem to have predictive power for GDP growth, something like the business cycle indeed. We also found that of the components of GDP that add value, say, for capital versus labor, it was mainly operating through the labor channel and not so much through the capital channel. That was, to some extent, surprising to us. It wasn\'t the result that we necessarily expected. It also implied that, we didn\'t find that much predictive power of this level of economic sentiment. This measure of economic sentiment for say, stock returns or something like that, it seemed to really have predictive power for business cycles in the labor market, even over and above and that was somewhat interesting what forecasters, professional forecasters were saying. We could beat professional forecasters. Our economic sentiment measure is a leading indicator of the GDP forecasts that these professional forecasters produce.\nRicky Mulvey:I know you looked over decades and even over a century, but I think that played a lot into what happened last year. Many people, so many professional economic forecasters started the year, oh, we\'re going to have higher interest rates. The market has done really well. Everybody should bank on 100% chance of a recession. Things will cool off, and then where do we end the year? Which is that the labor market still looks all right. It\'s cooled down in a recent report, but the Nasdaq and text stocks are up 50% which I don\'t think any of the forecasters, the experts would have expected based on the sentiment at the time.\nJules van Binsbergen:No, that is so true. Although I think that particularly since COVID we are in a particularly complicated environment, where there are a whole bunch of different things that are interacting with each other. We\'re all trying to find out which one of these factors is going to dominate. Certainly, we just came out of COVID where we had an unprecedented level of support and economic support, where people build up lots of savings. Those savings had been building down and people were wondering whether the level of spending could be kept up yes or no. The Fed started raising interest rates and interest rates, higher interest rates generally means lower valuations also to fight inflation. Then at the same time, we have this long term growth driver, that is artificial intelligence that is starting to sneak in and starting to actually provide quite some good news. Then the question was, well, which of all of these competing forces was going to win out in terms of how optimistic people would be going forward in terms of the stock market? As you said, the investors came together, they traded, and they came up with this increased valuations, which I think for long term growth might be somewhat good news. To tell you the truth, that was news that at least for me was long overdue. I was really hoping that we would get some revival and long term growth expectations because they\'d been pretty poor recently.\nRicky Mulvey:There\'s definitely a swing to pessimism. I think one overall takeaway from your research on that though is that for a long term investor, for the average investor, it ultimately does not matter how they, their family, even the masses care about the economy in a particular moment to make a guess about what the stock market will do. One level deeper. Why do you think that is? Why is there that disconnect where sentiment shows us what the real economy will do, but not necessarily the financial markets?\nJules van Binsbergen:Well, you\'re presenting it a little bit as the glass half full. You can also half empty, but you can also present it as the glass half full. Which is that the forecasting power that our sentiment measure has for growth is already incorporated in stock valuations. If it\'s already in the price, then that means that it won\'t have any more predictive power for returns going forward. That is the glass half full interpretation of our results. That if investors are properly taking into account the effect of sentiment also on GDP growth and labor markets going forward, then the lack of predictive power for the stock market would be a result of it. The lack of predictive power for the stock market is not a bad thing in that sense, it\'s a good thing. It means that information is already in prices. Does that make sense?\nRicky Mulvey:Well, I agree, and I also do think it\'s a good thing because it says that the crowd can be wrong. If they feel bad that might not necessarily. It\'s an argument against trading in and out of investing.\nJules van Binsbergen:Yes. Although the question now is what do you define as the crowd? What we are measuring in our paper, which I think is very important and it\'s also important to make this distinction is really the tone of newspapers and 13,000 of them meaning that the way that the news and economic news is reported and that varies over time. There\'s another crowd, which is the crowd that collectively sets prices in the stock market. Those two crowds don\'t necessarily have to be the same thing. To give you another, which I thought was one of the most surprising findings in the paper was that the overall tone of news reporting since the 1970s has essentially been on a downward trend for 50, 60 years it\'s been really bad. The question is, why is reporting becoming increasingly more negative and what does that say about our news reporting? We also found that, that negative news reporting was not so much related to economic news per se. It was, if we just did the analysis on all newspaper articles, including the ones that didn\'t cover economic news, we just saw the downward trend of negative reporting across the board. It didn\'t matter what the topic was across all topics across the entire body, we saw that there was this downward trend and it was also not even that related to any particular state. It was just that across all states in the United States we just to see this long downward decline in the optimism that people have in their news reporting. Which I thought was interesting because I think a lot of our mood and a lot of the way we interpret the news might be driven by the way **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $827,162,565,600 - Hash Rate: 545500073.2222326 - Transaction Count: 575203.0 - Unique Addresses: 697324.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Spencer Platt/Getty Images US stocks edged higher on Monday to hit new record highs as earnings season gets underway. There are 75 S&P 500 companies set to report earnings this week, including Tesla and Netflix. Investors will turn their attention to the economic data later this week with the release of Q4 GDP. US stocks jumped on Monday to new record highs, extending their gain from last week as the fourth-quarter earnings season gets underway. There are 75 S&P 500 companies scheduled to report fourth-quarter results this week, including Tesla and Netflix . With 10% of the S&P 500 having reported earnings so far, 65% are beating profit estimates with a median gain of 6%, according to data from Fundstrat. Meanwhile, 62% of those companies beat revenue estimates by a median of 2%. Investors will turn their attention to economic data later this week with the release of fourth-quarter GDP growth, which should help inform when the Federal Reserve might get started with interest rate cuts this year. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: S&P 500 : 4,856.52, up 0.37% Dow Jones Industrial Average : 37,978.66, up 0.34% (+127.31 points) Nasdaq Composite : 15,416.28, up 0.71% Here's what else is going on today: China's stock market has lost $6.3 trillion in value since 2021, and there are no signs of a recovery underway as 2024 gets off to a rocky start. The Nasdaq Golden Dragon China Index has plunged 14% so far this year and is trading near its lowest level since 2013. Buying a diamond is set to get a lot more expensive due to increased demand and lingering supply disruptions from the pandemic. The inventor of the market's most famous recession indicator is confident the inverted yield curve is accurately calling a slowdown in 2024. In commodities, bonds, and crypto: West Texas Intermediate crude oil jumped 0.81% to $73.84 a barrel. Brent crude , the international benchmark, climbed 0.73% to $79.13 a barrel. Gold fell 0.21% to $2,025.10 per ounce. The 10-year Treasury yield dropped four basis points to 4.09%. Bitcoin declined by 2.15% to $40,677. Read the original article on Business Insider... - Reddit Posts (Sample): [['u/blackswaaan_', 'Need a bad btch LI like her', 218, '2024-01-29 01:22', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/', "Finished QB for the 2nd time and all the emotions I felt from the first time reading it was the same as I read the same jokes, insults, and drama. And it reminded me as well how upset and dissatisfied I am with the ending especially only getting one brief heart scene with Poppy.\n\nIf they're leaning to smut books can PB at least make a tsundere LI or those with the same sexual tension as they did with Poppy", 'https://i.redd.it/twf984d5w9fc1.jpeg', '1adhobq', [['u/MissThreepwood', 61, '2024-01-29 01:28', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk16qnl/', "I love her. \n\nLast diamond scene in front of the 🪞... *Chef's kiss*", '1adhobq'], ['u/blackswaaan_', 23, '2024-01-29 01:40', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk18r7p/', "I chose that option too my god she's worth every diamond", '1adhobq'], ['u/MissThreepwood', 10, '2024-01-29 01:41', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk18zay/', 'I recently just replayed season 2 again just for that scene. 😬', '1adhobq'], ['u/blackswaaan_', 13, '2024-01-29 02:09', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk1drpe/', 'poppy enjoyers are all the same 😭 i get it fr', '1adhobq'], ['u/breadvice', 16, '2024-01-29 02:43', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk1j9t2/', 'I loved two timing Ian’s whiny ass with her', '1adhobq'], ['u/EdgyWarmongerVampire', 13, '2024-01-29 03:15', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk1ol1q/', "Bad btch is cool, but if she's mean to my mc for no reason then I don't want it", '1adhobq'], ['u/blackswaaan_', 12, '2024-01-29 04:02', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk1wj19/', 'the professor played hot and cold too much ahah', '1adhobq'], ['u/blackswaaan_', 19, '2024-01-29 04:12', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk1y5k6/', "sometimes I don't take her seriously and it makes it more fun. Her diamond scenes are cute bcs she's still mean but there is a hint that she's enjoying the little banter with MC: she be spitting insults while groping mc's chest like bckdj there was never a dull hook ups with her. You haaaaave to try the poppy route", '1adhobq'], ['u/CultureLongjumping', 54, '2024-01-29 04:31', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk20uef/', 'my favorite Regina George wannabe fr', '1adhobq'], ['u/ZincPenny', 43, '2024-01-29 07:42', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk2n49g/', 'I totally picked poppy in the end because the tension of literally hating each other then making out and hating each other and manipulating each other then having sex was a intense dynamic.', '1adhobq'], ['u/blackswaaan_', 10, '2024-01-29 11:20', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk3520s/', 'my kind of formula 🤌 I hope the writers behind it are still in PB cooking something new', '1adhobq'], ['u/Big-Nerve-9574', 11, '2024-01-29 13:59', 'https://www.reddit.com/r/Choices/comments/1adhobq/need_a_bad_btch_li_like_her/kk3k9xd/', 'The only thing I can think of is the Eat my ass Poppy 😂', '1adhobq']]], ['u/Learn-and-Do', 'BTC for grandkids', 88, '2024-01-29 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/', 'I have nine grandkids ages 3 to 18. In your opinion what is the best way to give each of them $1,000 worth of BTC? I hold my own keys but I’m not sure about setting up nine different wallets and holding the corresponding keys for each. And when the time comes, giving them the keys. \n\nIt seems like it would be easier to buy $1000 worth of a BTC ETF for each of them. Thoughts?', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/', '1adild4', [['u/Schwickity', 11, '2024-01-29 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1ec9t/', '[https://opendime.com](https://opendime.com) but this thing would need to be kept safe. You might also want to check out options [River.com](https://River.com) offers', '1adild4'], ['u/jhutson2', 84, '2024-01-29 02:26', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1gjeb/', 'Another option is that you could purchase $9000 worth of BTC and hold in one wallet. Then just send 1/9 of the wallet’s BTC to each grandchild when the time comes', '1adild4'], ['u/Flurb789', 14, '2024-01-29 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1qrhq/', "This comment doesn't make sense", '1adild4'], ['u/astockstonk', 58, '2024-01-29 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1rumm/', 'Last kid to gets his share may find that he paid the transaction fees for the rest out of his share', '1adild4'], ['u/ravenofiridescence', 10, '2024-01-29 03:38', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1snkm/', 'one thing to consider about these is that the private key can ever only be accessed by having the device write it into a digital file on its flash memory. if that flash memory goes corrupt, which can be more likely if you plan on holding this device for a long time, then you lose it. IMO these things might be nice for gifting, but after that the recipient should get the coins off things asap. so probably not well suited for intergenerational purposes IMO', '1adild4'], ['u/senfmeister', 12, '2024-01-29 03:44', 'https://www.reddit.com/r/Bitcoin/comments/1adild4/btc_for_grandkids/kk1tjwg/', 'Make 9 BIP85 seeds, send sats to each.\xa0', '1adild4']]], ['u/counteruroffer', 'Mined BTC early, trying to figure out if recovery is possible...', 74, '2024-01-29 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/', 'I mined Bitcoin circa 2010 to probably 2014. It was on my gaming desktop at the time. I remember vaguely there was a mining pool website or forum where I joined a group (I believe) then downloaded a program to mine with. The program kinda looking back reminds me of excel, it had a white background with possibly cells or columns and a option to start and stop mining. Nothing fancy.\n\nAny chance if I had that HD anything would be recoverable? Anyone know the program or possibly what website/forum? I wish I could be more specific. What should I look for', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/', '1adiul9', [['u/NoElection2224', 114, '2024-01-29 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk1j2bg/', "If I were you, I would do the following:\n\n1- First, try to recover the hard drive.\n2- Search for files with extensions such as .dat, .key, .wallet, or any file extension linked to any Bitcoin wallet that has ever existed.\n3- From the previous step, figure out which Bitcoin wallet the mining program used.\n4- If you can't remember the wallet's password, there are brute force methods available to try to crack the password.", '1adiul9'], ['u/Vipu2', 112, '2024-01-29 02:52', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk1kq6i/', 'Dont follow help from direct messages, they are all scammers', '1adiul9'], ['u/supersonic3974', 34, '2024-01-29 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk28vhl/', "So I did the same during that time frame. Typically when you mined with a pool, you would designate a Bitcoin address for your mining rewards to be sent to from the pool. For me the wallet I was sending to was on a different computer from the one I used for mining. So it's more important to look on the HD of the computer where you would have been running your bitcoin wallet.\n\nAlso, when searching for the wallet file you'll want to look in the AppData folder. \n\nThe default locations are:\n\nWindows: C:\\Users<YourUsername>\\AppData\\Roaming\\Bitcoin macOS: ~/Library/Application Support/Bitcoin Linux: ~/.bitcoin", '1adiul9'], ['u/callebbb', 82, '2024-01-29 05:47', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2av2w/', 'Bro, if you are technically proficient enough to mine in 2010, you don’t need our help.', '1adiul9'], ['u/TissueUnflawed', 67, '2024-01-29 07:11', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2k67i/', "I think I've read this hoax here before, under a different account \nYou didn't mine any Bitcoin", '1adiul9'], ['u/Wsemenske', 15, '2024-01-29 07:20', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2l0z5/', 'By now there have been hundreds of these same posts lol', '1adiul9'], ['u/C01n_sh1LL', 42, '2024-01-29 07:29', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2lv1w/', 'Dictionary attack should be tried before brute force. Bruteforce is the last ditch effort.', '1adiul9'], ['u/Charge36', 11, '2024-01-29 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2obf3/', 'Attempting every single possible combination of letters and numbers and symbols. A simple example would be trying every number from 111 to 999 on a 3 number bike combo lock.', '1adiul9'], ['u/Wyg6q17Dd5sNq59h', 36, '2024-01-29 08:17', 'https://www.reddit.com/r/Bitcoin/comments/1adiul9/mined_btc_early_trying_to_figure_out_if_recovery/kk2qccl/', 'Note that there may be no wallet password. The key may be naked on the disk. So yeah,... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 whales, or large investors, have accumulated $3 billion worth ofBitcoin (BTC)in January, according to data from on-chain analytics firm IntoTheBlock. This accumulation trend is evident in the increase of roughly 76,000 BTC in wallets owning over 1,000 BTC, bringing the total holdings to nearly 7.8 million BTC.\nThe surge in whale activity coincides with the launch of U.S.-based spot exchange-traded funds (ETFs) in January, which initially drove Bitcoin prices to highs above $48,900. However, prices faced downward pressure last week, dropping to lows near $38,500, as investors in the Grayscale Bitcoin Trust (GBTC) cashed out. Despite the price pullback, some whales saw an opportunity to acquire coins at cheaper valuations through the crypto exchange Bitfinex.\nIn contrast to the whale accumulation, crypto fundsexperiencednet outflows last week.Grayscale's Bitcoin ETF (GBTC) saw $2.2 billion of net outflows, while newly-launched spot Bitcoin ETFs saw just $1.8 billion in net inflows. This resulted in a net outflow of $500 million.\nHowever, the outflows of funds from GBTC is slowing, with daily redemptions declining through the past week, potentially suggesting that the selling pressure may be easing. On Monday, Fidelity’s FBTC saw $208 million of inflows, surpassing the $192 million outflows from GBTC.", "Bitcoin whales, or large investors, have accumulated $3 billion worth ofBitcoin (BTC)in January, according to data from on-chain analytics firm IntoTheBlock. This accumulation trend is evident in the increase of roughly 76,000 BTC in wallets owning over 1,000 BTC, bringing the total holdings to nearly 7.8 million BTC.\nThe surge in whale activity coincides with the launch of U.S.-based spot exchange-traded funds (ETFs) in January, which initially drove Bitcoin prices to highs above $48,900. However, prices faced downward pressure last week, dropping to lows near $38,500, as investors in the Grayscale Bitcoin Trust (GBTC) cashed out. Despite the price pullback, some whales saw an opportunity to acquire coins at cheaper valuations through the crypto exchange Bitfinex.\nIn contrast to the whale accumulation, crypto fundsexperiencednet outflows last week.Grayscale's Bitcoin ETF (GBTC) saw $2.2 billion of net outflows, while newly-launched spot Bitcoin ETFs saw just $1.8 billion in net inflows. This resulted in a net outflow of $500 million.\nHowever, the outflows of funds from GBTC is slowing, with daily redemptions declining through the past week, potentially suggesting that the selling pressure may be easing. On Monday, Fidelity’s FBTC saw $208 million of inflows, surpassing the $192 million outflows from GBTC.", "In a bid to attract more investors, Invesco and Galaxy Asset Management have announced a reduction in thefee of their spot Bitcoin exchange-traded fund (ETF), Invesco Galaxy Bitcoin ETF (BTCO), from 0.39% to 0.25%. This move brings the sponsor fee for BTCO in line with most other issuers in the market.\nOnly a handful of issuers, including Ark and 21Shares, Bitwise, and Franklin Templeton, offer lower fees than Invesco and Galaxy Asset Management. To further incentivize investors, Invesco has stated that it will continue to waive fees for the first six months or until the fund reaches $5 billion in assets.\nDespite being one of the first traditional finance institutions to launch a spotBitcoinETF, Invesco has had a slower start compared to some of its peers. BlackRock, for example, attracted over $2 billion in total assets under management in the first 11 days since the ETF was launched. Since its inception, Invesco's bitcoin spot ETF has seen inflows of just over $280 million. The lower fee structure is a strategic move to attract more investors and increase the fund's assets under management.\nThe fee reduction is a positive development for investors seeking exposure to Bitcoin through a regulated and transparent investment vehicle. Lower fees can lead to higher returns over time, making BTCO a more attractive option for long-term investors.", "In a bid to attract more investors, Invesco and Galaxy Asset Management have announced a reduction in thefee of their spot Bitcoin exchange-traded fund (ETF), Invesco Galaxy Bitcoin ETF (BTCO), from 0.39% to 0.25%. This move brings the sponsor fee for BTCO in line with most other issuers in the market.\nOnly a handful of issuers, including Ark and 21Shares, Bitwise, and Franklin Templeton, offer lower fees than Invesco and Galaxy Asset Management. To further incentivize investors, Invesco has stated that it will continue to waive fees for the first six months or until the fund reaches $5 billion in assets.\nDespite being one of the first traditional finance institutions to launch a spotBitcoinETF, Invesco has had a slower start compared to some of its peers. BlackRock, for example, attracted over $2 billion in total assets under management in the first 11 days since the ETF was launched. Since its inception, Invesco's bitcoin spot ETF has seen inflows of just over $280 million. The lower fee structure is a strategic move to attract more investors and increase the fund's assets under management.\nThe fee reduction is a positive development for investors seeking exposure to Bitcoin through a regulated and transparent investment vehicle. Lower fees can lead to higher returns over time, making BTCO a more attractive option for long-term investors.", "NFT marketplace Magic Edenannouncedthe launch of its multi-chain wallet, which supportsSolana,Bitcoin,Polygon, andEthereum. Magic Eden's multi-chain wallet is designed to offer a seamless and intuitive experience for users to manage their NFT portfolios across multiple blockchains. It features instant cross-chain swaps, NFT portfolio management, and the ability to trade NFTs directly from the wallet.\nDeveloped in collaboration with Exodus, the wallet is self-custodial, allowing users to retain complete control over their crypto assets. This is a critical feature for users who prioritize the security and privacy of their digital assets.\nTo incentivize early adopters, Magic Eden is offering limited-time in-wallet mints of popular NFT projects such as Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February. Additionally, users can participate in airdrops and other perks by using the wallet.\nProduct Market Lead, therealmiso, said in the official announcement post: “As the team made great strides in the NFT & Ordinals space, it became clear there was a missing complementary piece critical to convenience: a singular wallet that allows users to seamlessly manage and collect NFTs across major chains.”\nMagic Eden's expansion into a multi-chain platform is a strategic move to cater to the growing demand for NFTs across different blockchains. The company initially focused on the Solana network, but has since expanded its support to include Polygon, Bitcoin, and Ethereum.", '• US stocks closed at fresh record highs as investors gear up for Q4 mega-cap tech earnings.\n• Apple, Microsoft, Amazon, Alphabet, and Meta Platforms are set to release earnings this week.\n• A Fed interest rate decision and the January jobs report will cap off the week.\nTheS&P 500,Nasdaq 100, andDow Jones Industrial Averageall closed at fresh record highs on Monday as investors gear up for mega-cap tech earnings.\nApple,Microsoft,Amazon,Alphabet, andMeta Platforms, cumulatively representing nearly $10 trillion in market value, are set to report their fourth-quarter earnings results this week, and the results could set the tone of the stock market for weeks to come.\nSo far, 25% of S&P 500 companies have reported their fourth-quarter earnings results, with 71% of those companies beating profit estimates by a median of 7% and 68% of those companies beating revenue estimates by a median of 2%, according to data from Fundstrat.\nOn Wednesday, investors will be squarely focused on the Federal Reserve\'s meeting which will include an interest rate decision followed by a press conference from Fed Chairman Jerome Powell. Current market expectations are for the Fed to keep interest rates unchanged. Investors will have to navigate a January jobs report on Friday to cap off the week.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:4,927.93, up 0.76%\n• Dow Jones Industrial Average:38,333.45, up 0.59% (+224.02 points)\n• Nasdaq Composite:15,628.04, up 1.12%\nHere\'s what else happened today:\n• Elon Musk\'s net worth has declined by $30 billion so far this yearto just under $200 billion amid a 26% decline in Tesla stock.\n• The collapse of China Evergrande, the massively indebted Chinese real estate company,has begun with a Hong Kong court ordering the firm to liquidate.\n• Consumer sentiment towards the US economy has taken a big swing upwards,all thanks to falling gas prices and a booming stock market.\n• BlackRock double-upgraded its view on US stocks to "overweight"from "underweight" on the promise of a soft landing in the economy.\n• Goldman Sachs said it still expects the Fed to cut interest rates in Marchand warned that weakness in the labor market could materialize quickly.\n• The average US homebuyer has gained $40,000 in buying powerin the last 3 months as mortgage rates cool.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil fell 1.32% to $76.98 a barrel.Brent crude, the international benchmark, dropped 1.23% to $82.52 a barrel.\n• Goldclimbed 0.71% to $2,031.60 per ounce.\n• The 10-year Treasury yield dropped seven basis points to 4.07%.\n• Bitcoinjumped 2.55% to $43,101.\nRead the original article onBusiness Insider', 'With Bitcoin\'s next halving event just months away, optimism abounds that the cryptocurrency could reach dazzling new heights. Skybridge Capital founder Anthony Scaramucci is among the crypto bulls forecasting eye-popping Bitcoin valuations in 2024 and beyond.\nScaramucci predicts Bitcoin will hit at least $170,000 in the 18 months following the halving **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $852,161,978,325 - Hash Rate: 503538529.1282147 - Transaction Count: 523509.0 - Unique Addresses: 687547.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.61 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If you were involved in crypto in 2022, you likely saw a handful of FTX Trading Ltd. branding and advertising. From patches on Major League Baseball (MLB) umpires to deals with global superstars such as NFL quarterback Tom Brady and pitcher Shohei Ohtani, FTX's logo was everywhere. The marketing strategy was extremely successful in the beginning, and FTX rose to prominence. But everything came crashing down when FTX became insolvent in late 2022. Once the dust settled, former CEO Sam Bankman-Fried was convicted on several counts, including money laundering and fraud. The company also had liabilities exceeding $9 billion. Though it has been able to pay off some of it, it still owes more than $5 billion. As the liquidation process is slow, many investors are getting impatient and are scared of losing their funds. Don't Miss: Analysts predict Bitcoin ETF approval by Jan. 10th. See how to prepare your BTC stack today . This brokerage offers custom rewards for users to switch – the biggest reward so far for 1 user is $19,977.48. Will yours beat it ? In a lawsuit filed Nov. 27 in a federal court in Miami, FTX creditors are looking to recoup $11 billion in losses resulting from FTX's mismanagement of funds. But the lawsuit is not aimed at FTX. Instead, it is aimed at people and institutions viewed as "aiding and abetting and/or actively participating in the FTX Group's massive, multibillion-dollar global fraud." Among those named in the lawsuit were MLB, Formula 1, the Mercedes-Benz racing team, basketball player Stephen Curry, former NBA star Shaquille O'Neal, Trevor Lawerence, quarterback Tom Brady, Japanese tennis player Naomi Osaka, pitcher Shohei Ohtani and others. MLB and Formula 1 did not respond to a request for comment from Bloomberg, and Mercedes F1 declined to comment. The plaintiffs argue that these groups and individuals began endorsing FTX as they could make some quick money from the advertising. Through their endorsements, many were convinced to begin using FTX and eventually lose money. They argue that these endorsements were classified as "active participation" in the FTX scandal, meaning that there should be monetary compensation for those involved. Story continues Conversely, the defendants' lawyers argue that they did not specifically tell people to deposit money into FTX and are far removed from the mismanagement of customer funds. Some celebrities, including Lawrence, have reached settlements. Others have filed counter motions to remove their names from the case. This is not the first time investors have sued celebrities for their roles in a crypto mishap. Media personality Kim Kardashian was among those listed in a lawsuit involving EthereumMax, a pump-and-dump that occurred in late 2022. While the EthereumMax situation involved the direct solicitation of a specific cryptocurrency, the legal precedent could still be in play for this case. Read Next: Don't buy the top this time around. Reboot your crypto portfolio today . Online brokerages make ungodly amounts by selling your data . What trading platform doesn’t sell your data to market makers? This one . "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now! This article FTX Investors Sue MLB, Formula 1, Others For $11 Billion originally appeared on Benzinga.com © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/GnarlyArmor', 'My encounter with a Pig Butcher/romance scammer', 20, '2024-01-30 00:09', 'https://www.reddit.com/r/Scams/comments/1ae96g1/my_encounter_with_a_pig_butcherromance_scammer/', 'I\'ll make this as quick as I can, but hope I can provide some helpful detail for others. I\'m glad I read a bunch of posts here, that is what finally convinced me I was talking to a scammer and not "Rose", the unusually attractive Asian woman who lives in Queens but for some reason is on a dating app in the Vermont area chatting with me.\n\nAs stated above, we connected on Hinge, and within 1-2 days she asked if I had instagram, to which I said yes. I gave her my handle and we started following each on IG. We messaged a lot for almost two weeks. Her English was all over the place - sometimes it was spot on, and sometimes it felt very Google Translate-y. She sent two voice messages during our two weeks chatting, and both featured very broken English.\n\nFrom the outset she wanted to know about my values and goals. My attraction to her definitely impacted my ability to pick up on the many red flags. As many have reported, despite the oddness of our communications and her eagerness to chat with me, both her Hinge and Instagram profiles didn\'t seem too suspect. I will admit in hindsight that her IG had something about it that was just off, but the pictures looked like a real person.\n\nOnto her "story" and the red flags: She was 35, originally from Singapore, grew up being taught and raised by her aunt and uncle (and of course, Uncle was into cryptocurrency), moved to the U.S. 8 years ago. Never really figured out where she worked, part-time for some clothing company. She made her money on real estate funded by, you guessed it, crypto-currency. She was fairly detailed in her years and numbers while telling me about the progression of her wealth building. Her profile had lots of pictures of her in Toronto. When I asked about this she told me she owned a house in Toronto and would eventually move back. She told me about after making \\~$500k from selling Bitcoin how she bought her uncle a very expensive watch. Up until a few days ago, I didn\'t know about the Pig Butchering Scam, but all the signs were there. About a week into our chatting, I got an email from Hinge support, telling me that she has been removed from the app for suspected fraud. I did some research about how to sniff out a scammer and messaged her about being removed, asking her to send me a picture of herself touching her left hand to her right ear. She balked for a bit, but eventually sent it - it was her and she was doing what I asked. She also sent a voice message that didn\'t make much sense. I continued chatting because she was able to produce the photo as asked. She wouldn\'t video chat but was willing to speak on the phone. We made plans for me to come to NYC a month from now; our first date was to be on the 28th of February at the Statue of Liberty.\n\nOnce I learned about this type of scam, I tried to speed things up - I told her I was ready to invest in crypto, and that I wanted to see more pictures of her, that I couldn\'t wait a month to see her. This did not go over well. What is confusing is that I literally offered to invest money with her and she said no. Obviously I wasn\'t serious, but the fact that she said no she was not interested shows how smart these scammers can be. They are playing the long game and I must have raised some red flags.\n\nI sent her one last message saying I knew she was a scammer, that I had tracked her location, and that authorities were on their way. I waited until I could see she read it, then blocked and reported her.\n\nNever sent any financial info or personal info, not even phone # or email. She only had my IG handle and some pictures of my face. Hopefully that is not enough to do anything with! Hopefully some of the detail here is helpful!\n\n&#x200B;\n\nP.S. - am I allowed to post a pic from the scammer profile? If so, I will but couldn\'t quite tell from the rules. ', 'https://www.reddit.com/r/Scams/comments/1ae96g1/my_encounter_with_a_pig_butcherromance_scammer/', '1ae96g1', [['u/VegasVictor2019', 34, '2024-01-30 00:13', 'https://www.reddit.com/r/Scams/comments/1ae96g1/my_encounter_with_a_pig_butcherromance_scammer/kk6fp0a/', 'Don’t bother with the pic, the story is enough. So glad you caught onto this when you did. These pig butchering scams aren’t satisfied with small $100 or $200 sums, they want thousands. This is why they are willing to spend time and resources (including either hiring a model or having one on standby) to assist in scamming potential victims.', '1ae96g1'], ['u/Cyber-2001', 15, '2024-01-30 01:15', 'https://www.reddit.com/r/Scams/comments/1ae96g1/my_encounter_with_a_pig_butcherromance_scammer/kk6phrx/', 'Most likely will be a picture from the internet or IA generated. Your GF is a Nigerian dude living on mom’s basement.', '1ae96g1'], ['u/No-Budget-9765', 19, '2024-01-30 01:29', 'https://www.reddit.com/r/Scams/comments/1ae96g1/my_encounter_with_a_pig_butcherromance_scammer/kk6ro1f/', 'Or could be part of an organized crime group in China or Myanmar.', '1ae96g1']]], ['u/aruku333', 'What’s your DCA amount for BTC?', 31, '2024-01-30 00:17', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/', 'I try to invest $50 a day on cash app. What’s yours? Trying to adjust/learn better ways to DCA', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/', '1ae9d3q', [['u/acealthebes', 13, '2024-01-30 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk6sk01/', '$1000/week through swan with auto withdrawal at 0.05 btc into hardwallet', '1ae9d3q'], ['u/SeraviloOgayas', 75, '2024-01-30 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk6tg2d/', '$1000 a week I sleep in a van', '1ae9d3q'], ['u/UpsetPush', 52, '2024-01-30 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk6u4y7/', 'What are you people … loaded. I can only do every two weeks maybe 100$or 200', '1ae9d3q'], ['u/Cultural_Bit9176', 38, '2024-01-30 01:49', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk6uoxj/', '.50 cents per week, hope to get my lambo soon.', '1ae9d3q'], ['u/Terrible-Orchid-4274', 15, '2024-01-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk6w0u6/', 'Jealous. As a student I can only do 50-100€ / month🥲', '1ae9d3q'], ['u/Celestial_Pirate86', 11, '2024-01-30 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk721yx/', 'About $500/month. More on red months or if I get unexpected income from a freelance gig.', '1ae9d3q'], ['u/UpsetPush', 17, '2024-01-30 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk72gzz/', 'Do you!! Better than the sidelines!!', '1ae9d3q'], ['u/Nemothafish', 19, '2024-01-30 03:28', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk7a52m/', '$150 a month is what I am willing to DCA. \n\nThis is what I can afford without causing myself unnecessary financial stress.', '1ae9d3q'], ['u/RMZ13', 21, '2024-01-30 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk7d88g/', 'Good long term trade', '1ae9d3q'], ['u/KUjayhawker', 11, '2024-01-30 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk7dki6/', 'Don’t worry. It’s either folk’s investing more than they can afford or they’re *are* actually loaded.', '1ae9d3q'], ['u/bryanchicken', 18, '2024-01-30 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk7mm1x/', 'Nice try IRS', '1ae9d3q'], ['u/Smashtray2', 12, '2024-01-30 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1ae9d3q/whats_your_dca_amount_for_btc/kk7okjs/', "Love it! I'm at 35 a month on coinbase. If it doesn't work out, it's like a retirement account that failed. It's what I can afford being responsible.", '1ae9d3q']]], ['u/caseyfrazanimations', 'What are your plans with Dogecoin? How do you personally use crypto?', 57, '2024-01-30 00:29', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/', "Im only asking this because I've been a doge whale for going on 3 years now, and am looking to see what your strategies are.\n\nI've been buying and holding until I see a significant pump to either sell or flip for btc depending on how the market looks. What's your guys's overall outlook on crypto?", 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/', '1ae9mqi', [['u/StevenTheScot', 41, '2024-01-30 00:58', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/kk6mtp4/', 'Self-professed "whale" not screenshotting portfolio.\n\nSeems legit.', '1ae9mqi'], ['u/Learn-Grow-Eat-Enjoy', 11, '2024-01-30 01:02', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/kk6ne51/', 'Hold till I double my money. Or at least get it back. Good thing is I’m playing with their money.', '1ae9mqi'], ['u/jb69029', 101, '2024-01-30 02:24', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/kk7081p/', 'I use it to lose money. Just like everyone else.', '1ae9mqi'], ['u/Key_Information_6786', 21, '2024-01-30 02:51', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/kk74dtn/', 'you’re not a whale lmao', '1ae9mqi'], ['u/superman_410', 10, '2024-01-30 03:10', 'https://www.reddit.com/r/dogecoin/comments/1ae9mqi/what_are_your_plans_with_dogecoin_how_do_you/kk77gko/', 'I usually invest between $500-$5000 and watch it go down to like $50 usually', '1ae9mqi'], ['u/8doorwagon', 17, '2024-01-30 06:25', 'h... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "IUSB", "Name": "iShares Core Total USD Bond Market ETF", "Net Flows ($, mm)": "1,366.21", "AUM ($, mm)": "25,498.01", "AUM % Change": "5.36%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Net Flows ($, mm)": "549.96", "AUM ($, mm)": "2,481.46", "AUM % Change": "22.16%"}, {"Ticker": "IVE", "Name": "iShares S&P 500 Value ETF", "Net Flows ($, mm)": "401.65", "AUM ($, mm)": "30,708.39", "AUM % Change": "1.31%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "229.93", "AUM ($, mm)": "36,389.01", "AUM % Change": "0.63%"}, {"Ticker": "BINC", "Name": "BlackRock Flexible Income ETF", "Net Flows ($, mm)": "211.04", "AUM ($, mm)": "1,300.11", "AUM % Change": "16.23%"}, {"Ticker": "EFG", "Name": "iShares MSCI EAFE Growth ETF", "Net Flows ($, mm)": "194.12", "AUM ($, mm)": "11,219.87", "AUM % Change": "1.73%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "179.88", "AUM ($, mm)": "391,216.33", "AUM % Change": "0.05%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "171.45", "AUM ($, mm)": "419,981.69", "AUM % Change": "0.04%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "166.90", "AUM ($, mm)": "48,981.85", "AUM % Change": "0.34%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "161.31", "AUM ($, mm)": "357,479.19", "AUM % Change": "0.05%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-2,632.68", "AUM ($, mm)": "488,133.56", "AUM % Change": "-0.54%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,992.16", "AUM ($, mm)": "242,831.11", "AUM % Change": "-0.82%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-394.75", "AUM ($, mm)": "18,096.45", "AUM % Change": "-2.18%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-358.18", "AUM ($, mm)": "13,055.30", "AUM % Change": "-2.74%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-327.41", "AUM ($, mm)": "35,240.63", "AUM % Change": "-0.93%"}, {"Ticker": "OEF", "Name": "iShares S&P 100 ETF", "Net Flows ($, mm)": "-312.41", "AUM ($, mm)": "11,270.00", "AUM % Change": "-2.77%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-278.45", "AUM ($, mm)": "36,746.97", "AUM % Change": "-0.76%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "-274.46", "AUM ($, mm)": "100,344.20", "AUM % Change": "-0.27%"}, {"Ticker": "QUAL", "Name": "iShares MSCI USA Quality Factor ETF", "Net Flows ($, mm)": "-257.39", "AUM ($, mm)": "35,384.17", "AUM % Change": "-0.73%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-255.07", "AUM ($, mm)": "20,844.31", "AUM % Change": "-1.22%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "4.76", "AUM ($, mm)": "6,733.91", "% of AUM": "0.07%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-11.84", "AUM ($, mm)": "16,933.05", "% of AUM": "-0.07%"}, {"": "Commodities", "Net Flows ($, mm)": "-53.65", "AUM ($, mm)": "125,888.36", "% of AUM": "-0.04%"}, {"": "Currency", "Net Flows ($, mm)": "-100.74", "AUM ($, mm)": "30,262.85", "% of AUM": "-0.33%"}, {"": "International Equity", "Net Flows ($, mm)": "634.32", "AUM ($, mm)": "1,360,899.73", "% of AUM": "0.05%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "564.43", "AUM ($, mm)": "171,704.44", "% of AUM": "0.33%"}, {"": "Inverse", "Net Flows ($, mm)": "-563.59", "AUM ($, mm)": "14,220.53", "% of AUM": "-3.96%"}, {"": "Leveraged", "Net Flows ($, mm)": "-25.07", "AUM ($, mm)": "83,667.38", "% of AUM": "-0.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,539.36", "AUM ($, mm)": "5,055,515.59", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-26.26", "AUM ($, mm)": "1,359,663.51", "% of AUM": "0.00%"}, {"": "Total:", "Net Flows ($, mm)": "-4,117.00", "AUM ($, mm)": "8,225,489.33", "% of AUM": "-0.05%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "The Securities and Exchange Commission (SEC) of Thailand is transitioning towards more crypto-friendly regulations with thepublicationof an updated framework earlier this month. This framework aims to foster the growth of the digital asset market while ensuring investor protection.\nThe SEC regulates cryptocurrencies under the Digital Asset Businesses Decree, focusing on areas such as sales, trading, and initial coin offerings (ICOs). Digital asset businesses operating in Thailand must obtain licenses and comply with the rules set forth by the SEC.\nThe updated framework introduces several key changes, including the removal of retail investors' limits for tokens backed by assets like real estate or infrastructure. Previously, retail investors were limited to 300,000 baht (approximately $8,400) per offering in asset-backed ICOs. This change is expected to widen the market for a broader range of investors and support the nation's digital asset market development.\nThe SEC update also requires dedicated entities to be set up for custodial wallet management. These providers must be subsidiaries of publicly listed companies with a track record in secure custody of securities. This measure aims to enhance the security of digital assets held by exchanges and custodians.\nDespite these progressive steps, the SEC has decided not to allow spot Bitcoin exchange-traded funds (ETFs) in Thailand. This approach is similar to South Korea's, which has also prohibited spot Bitcoin ETFs in its domestic markets. The United States recently approved 10 spot Bitcoin ETFs in a historic milestone on January 10.", '• The recent stock market rally stalled as investors await Big Tech earnings to come out this week.\n• Alphabet and Microsoft are scheduled to report after Tuesday\'s closing bell.\n• Investors are also focused on the Fed\'s meeting, which started on Tuesday.\nEquities were mixed on Tuesday as investors prepare for fourth quarter earnings results from some of world\'s most valuable companies.\nMicrosoftandAlphabetwill report after the closing bell, giving traders a better understanding of how sustainable the recent market rally is. The firms belong to the "Magnificent 7" stocks, a tech-focused cohort that has significantly outperformed the broader index.\nLater in the week,Amazon,Meta, andApplewill also release earnings results, revealing how they performed in the final three months of last year.\nOutside of the group, strong earnings rocketed shares in the electronics makerSanminaby over 28%.General Motorsshares climbed above 7% on estimate-beating results. UPS, Whirlpool, and JetBlue were among the companies that fell on missed projections.\nInvestors are also awaiting the outcome of the Federal Reserve\'s two-day meeting, which began on Tuesday. Markets are betting interest rates remain steady this month, Chairman Jerome Powell\'s press conference at 2:30 p.m. on Wednesday could provide more insight into future monetary policy.\nInvestors now believe there is a 54.5% chance that a rate cut will come in May, according to theCME FedWatch Tool.\n"While the market may be craving interest rate cuts in the near term, the current level of higher interest rates bodes well for the long-term outlook for a balanced portfolio. We continue to advise clients to focus on their long-term investment plan and avoid knee-jerk decisions," Vanguard Chief Global Economist Joe Davis said.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 4,924.97, down 0.06%\n• Dow Jones Industrial Average: 38,467.31, up 0.35% (+133.86 points)\n• Nasdaq Composite: 15,509.90, down 0.76%\nHere\'s what else happened today:\n• Markets signal a yearlong recession, according tothree-decade market vet Jon Wolfenbarger.\n• Forget Nvidia:Super Micro Computers top-return AI stock.\n• Politicians need to reign in spending or theUS is headed for a \'death spiral,\' author Nassim Taleb says.\n• Ethereum could surge 70%if its own ETF is approved in May, Standard Chartered forecasts.\n• ADonald Trump presidency may be an \'inflationary threat,\'Macquarie says.\n• World\'slargest hedge fund notched a record $213 billion last yearthanks to tech stocks.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1.28% to $77.77 a barrel.Brent crude, the international benchmark, inched up 0.16% at $82.54 a barrel.\n• Goldslumped 0.60% to $2,035 per ounce.\n• The 10-year Treasury yield slid over three basis points to 4.057%.\n• Bitcoinclimbed 0.63% to $43,533.\nRead the original article onBusiness Insider', 'In this piece, Ievaluated two fintech stocks, Block (NYSE:SQ) and SoFi Technologies (NASDAQ:SOFI), using TipRanks’ comparison tool to see which is better. A closer look suggests a neutral view for Block and a bullish view for SoFi.\nPreviously known as Square, Block provides payment-processing solutions for credit cards, including point-of-sale software and hardware. Meanwhile, SoFi Technologies offers lending and financial services products, including home, student, and personal loans. It also provides related technology products and solutions.\nShares of Block are down 11% year-to-date, although they’re up 71% over the last three months. Despite that recent rally, the stock is off 16% over the last year. Meanwhile,SoFi shares are down 8% year-to-dateafter Monday’s 20% pop but are up 21% over the last three months, bringing their one-year return to 32%.\nWhile Block was profitable in 2021, it took a bit of a detour by **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-01-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $838,348,111,956 - Hash Rate: 458080189.69302857 - Transaction Count: 444450.0 - Unique Addresses: 622142.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrenciesmay no longer be the hottest trend in the investing world, but Riot Platforms (NASDAQ:RIOT) has proven that there are still exceptional gains to be had in certain corners of this space. The digital currency mining and infrastructure firm has seen shares soar in value in the past year, and many Wall Street analysts believe there is still upside potential amida broader digital token rally. Seven out of eight ratings recommend RIOT as a Buy, with the highest price target of $22.50 representing upside potential of about 60% from current levels. Despite Riot’s stock’s massive gains of 244% in the last 12 months, I join analysts in their bullish assessment. Certainly, a Bitcoin (BTC-USD) miner like Riot Platforms will see a boost in share price when the value of the world’s largest cryptocurrency increases—and in the last year, it has in a big way. The price of Bitcoin has jumped by about 140% since December 2022. Still, investors would do well to dig deeper to see why Riot Platforms has solidly outperformed other publicly-traded Bitcoin mining outfits during that recent rally, as these reasons could point to the potential for future gains. Below, we take a closer look at some of the factors propelling Riot Platforms in recent months. For Bitcoin mining operations ranging from the individual user working out of their home to significant coordinated efforts like those of Riot Platforms, hash rate is a key metric. A miner’s hash rate is the amount of computing power it dedicates toward solving the complex math problems necessary to earn newly-minted Bitcoin tokens. The greater the hash rate, the better the odds of successfully winning the next Bitcoin. Riot Platforms has invested heavily in boosting its hash rate in the last year. In June, the company entered a long-term purchase agreement for over 33,000 Bitcoin miners with Chinese hardware maker MicroBT. This purchase contributed to hash rate growth of a whopping 71% year-over-year through October 2023. Then, in December of this year, Riot announced the purchase of an additional roughly 67,000 miners from MicroBT. As this equipment becomes fully operational in the next year and a half, Riot Platforms expects to roughly triple its hash rate to 38 exahashes per second (EH/s), or 38 quintillion hashes every second. The boost to its hash rate has already contributed to higher production levels. For November 2023, Riot mined 552 Bitcoins, up 21% compared to the prior month. Bitcoin mining operations of all sizes are constantly trying to outgrow their competitors when it comes to hash rate. Therefore, while Riot’s targeted infrastructure investment is impressive, it’s not unique. Where the firm has set itself apart in the industry, however, is in its arrangements with power companies to turn off the power in certain situations. Bitcoin mining is an incredibly energy-inefficient process, and the cost of powering the hardware necessary for mining is significant. Most firms opt to mine around the clock in an effort to maximize production levels. Riot has bucked the trend by shifting toward a model that prioritizes certain high-yield times for mining activity. During peak hours, the company actually receives credits from power companies for intentionally reducing its electricity consumption. Of course, this does mean Riot’s overall production levels are lower than they might otherwise be. However, the company’s gross profit would be negatively impacted in that case by the resulting energy outlays. Ultimately, Riot has struck a balance between electricity costs and productivity to ensure it is running at maximum efficiency. Bitcoin is structured such that there is a finite possible supply of tokens, and periodically, the token reward for miners is halved. There have beenseveral prior “halvings,”each of which has prompted a massive spike in the price of the token as the balance of supply and demand shifted. The next halving is likely to take place in Q2 2024, right when Riot’s additional miners will be activating. The company could be particularly well-positioned to ramp up production just as the value of Bitcoin is likely to spike. On TipRanks, RIOT comes in as a Strong Buy based on seven Buys and one Hold rating assigned by analysts in the past three months. Theaverage Riot Platforms stock price targetis $17.26, implying 22.7% upside potential. Three analysts have reiterated their Buy ratings since the start of December, including Darren Aftahi of Roth MKM, who forecast the aforementioned price target of $22.50. Other reiterated Buy ratings in recent weeks predict 28% and 42% upside potential. Notably, no analysts have issued a Sell rating for RIOT. Even though it has experienced a massive rally in the last year, Riot Platforms shares are widely favored by Wall Street analysts. Given the company’s ambitious infrastructure build-out, its savvy efforts to maximize efficiency, and the likelihood of a continued Bitcoin rally, it’s easy to understand why. Disclosure... - Reddit Posts (Sample): [['u/AdAny1936', 'My dad wanted to recover his funds from a fake crypto exchange. He hired a "private investigator"', 143, '2024-01-31 00:15', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/', 'Hello, I have previously posted about my dad trading on a fake crypto website. He has come to his senses ( partially) and wants to find a way to recover crypto. He has no knowledge behind crypto, even though I continuously told him crypto is unrecoverable. Unfortunately, he found a private investigator on Facebook called Online Justice (Organization name). As of today, my dad has paid them 4000 CAD in Bitcoin to recover his "funds. In total, my dad has lost almost 10k in crypto. What should he do now?', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/', '1af2ji3', [['u/VegasVictor2019', 214, '2024-01-31 00:21', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc1foz/', 'Your father was !crypto scammed and is now being !recovery scammed. Crypto is not recoverable and any promises or information his “private investigator” is providing is simply intended to keep him on the hook and milk more money out of him. You dad needs to cut his losses, block these scammers, and move on.', '1af2ji3'], ['u/spatenfloot', 172, '2024-01-31 00:28', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc2jnj/', 'what he should do is stop talking to people online\xa0', '1af2ji3'], ['u/AngelOfLight', 101, '2024-01-31 00:31', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc2ykv/', "He walked directly into the waiting arms of a recovery scammer. This person is not doing anything at all except making up more and more bullshit reasons why your Dad has to keep paying larger and larger sums of money.\n\nHe's never going to get his crypto back, but this dude will happily bleed him dry if he lets him. He needs to block everyone involved, including the recovery scammer. Then you need to sit him down and explain in simple terms that cryptocurrency is *designed* to be unrecoverable, and it's never going to happen.", '1af2ji3'], ['u/slogive1', 13, '2024-01-31 00:36', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc3u8n/', 'No options at all except it’s a learning experience sadly.', '1af2ji3'], ['u/StrikingWolf93', 67, '2024-01-31 00:38', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc461a/', 'Now he lost another $4,000. !Recovery', '1af2ji3'], ['u/DGFF001', 14, '2024-01-31 00:40', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc4iz9/', 'These double scams are genius... How did he find the private investigator?', '1af2ji3'], ['u/fredSanford6', 28, '2024-01-31 00:42', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc4spy/', 'Wonder if it would be possible to pose as a recovery person yourself and fleece him for the rest then give it back to show him how moronic he is being.', '1af2ji3'], ['u/TwilightSaphire', 28, '2024-01-31 00:57', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc7654/', 'This is the “Nicholas Cage stealing the Declaration of Independence so that the bad guys can’t steal the Declaration of Independence“ of crypto scams. And by that, I mean I like it.', '1af2ji3'], ['u/HaoieZ', 51, '2024-01-31 00:59', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc7hep/', 'Those are most likely the same scammers that got him in the first place!', '1af2ji3'], ['u/Shrimpboatcaptain1', 26, '2024-01-31 01:05', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkc8hg2/', 'Your idiotic dad needs to stay off the internet altogether', '1af2ji3'], ['u/AdAny1936', 18, '2024-01-31 01:39', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkcdr5h/', "It's 10k in total, but it's a lot of money.", '1af2ji3'], ['u/xcaliblur2', 26, '2024-01-31 01:42', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkcebl7/', "10k crypto and 4k to the recovery scammer right? Or did he lose 6k in crypto and tried paying this dude 4k to recover it? If so that seems rather silly. Even if it worked he'd only get back 2k nett.", '1af2ji3'], ['u/VegasVictor2019', 12, '2024-01-31 01:55', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkcg9vs/', 'True but keep in mind it’s usually in smaller increments, few hundred here, few hundred there. This sunk cost approach is how victims end up losing huge amounts of money. It definitely wasn’t $4k all at one time.', '1af2ji3'], ['u/Fantastic_Lady225', 59, '2024-01-31 02:02', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kkche5m/', "Tell your dad that if he doesn't cut this s\\*\\*\\* out and start checking with you first, you're going to petition the court for guardianship over him since he can't be trusted with his finances. Maybe that will wake him up.", '1af2ji3'], ['u/Nick_W1', 28, '2024-01-31 02:45', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/ko7xhiv/', 'The recovery scammer will keep telling your dad that they nearly have the money back. That “law enforcement” has it or other endless nonsense. They will need “travel expenses”, “taxes”, “bribes for officials”, “hacking software”, I mean just an endless stream of reasons why your dad has to send them money.\n\nHe will never get any of it back, he’s just sending more scammers money.\n\nAlso, in what world does it make sense to spend $4k to *possibly* get $6k back?', '1af2ji3'], ['u/AwetPinkThinG', 35, '2024-01-31 02:59', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/ko7zle6/', 'Take his computer away and get him a flip phone', '1af2ji3'], ['u/orielbean', 14, '2024-01-31 04:18', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/ko8bj66/', 'Maybe destroy all of his digital devices, cancel his email and social media accounts, then turn his remaining money into gold bars or something else that can’t just move across the planet with two keystrokes and one moron. Sorry for the loss dude, that sucks super bad.', '1af2ji3'], ['u/hgangadh', 12, '2024-01-31 07:00', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/ko8vnvd/', 'That is also lost. I believe I commented on your previous post on how scammers pose as “recovery agents” and will scam another few thousand dollars. Now scammers posing as lawyers and FBI (or the Canadian version of it) start calling and threaten jail time for some money laundering. Money gone is gone. Cut the loss and walk away. Otherwise it will be more pain.', '1af2ji3'], ['u/AskALettuce', 12, '2024-01-31 15:22', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/koa87i2/', 'Kindly note that the $4,000 recovery fee tax is refundable in full when we recover your funds.', '1af2ji3'], ['u/thevictor390', 26, '2024-01-31 16:56', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/koan1yy/', 'They summon the bot to explain common scams.', '1af2ji3'], ['u/Murph-Dog', 10, '2024-01-31 20:04', 'https://www.reddit.com/r/Scams/comments/1af2ji3/my_dad_wanted_to_recover_his_funds_from_a_fake/kobk9cw/', "When the hired help requests payment in non-traceable, no-reversable payment, then you know you've got a problem.\n\n`Hey Mr PI Guy, won't my payment in bitcoin to you be just as risky as my initial investment?`\n\n`Nah buddy, you can trust me. Here's a letter of authenticity from the Royal Canadian Mounted Police`", '1af2ji3']]], ['u/Horror-Badger9314', 'What’s your goal in Crypto?', 26, '2024-01-31 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/', 'I remember the good old days when I was crazy about this, trading here and there and everywhere. It was 2019 and i manage to accumulate FOUR BTC starting from less than one. It was a crazy time with a lot of opportunities and everything was so new. \n\nLong story short i just sold it because i was too afraid to keep it - I believed that sometime BTC would be dust and just a memory.\n\nNow 2024 here I am again, starting my new portfolio. I’m trying to diversify my investiments and hope to have more money when I retire (I’m 53 now).\n\nI hope I can have one biticoin at some time but I know that it’s a lot of money now. \n\nAnd you, what’s your goal here?', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/', '1af2qhx', [['u/callfckingdispatch', 13, '2024-01-31 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/kkc3m27/', 'Never have to work again.', '1af2qhx'], ['u/wpeironnet', 51, '2024-01-31 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/kkc4b4s/', 'To a make a realistic life changing amount of money in the next 2 years.', '1af2qhx'], ['u/TooEasyBGM', 25, '2024-01-31 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/kkc5zge/', 'I’m just tryna own a damn houseeee tbh … I don’t even need crazy gains like some of these people expect …. But let’s see what the fuvk 2024 has in store for us 🫢🫢😬', '1af2qhx'], ['u/Comfortable-Double94', 20, '2024-01-31 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1af2qhx/whats_your_goal_in_crypto/kkc6mk7/', 'Same, that’s all I want. I just want to be able to make ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Spot bitcoin\xa0ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers.\nTheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data.\nEach of those totals is larger than the next seven spot bitcoin\xa0exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less.\n[{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}]\nThe outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S.\nAnd as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space.\nAs expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate.\nSince its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund.\nThe outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains.\nOn the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon.\nStill, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets.\nIf bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million).\nThe task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Spot bitcoin\xa0ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers.\nTheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data.\nEach of those totals is larger than the next seven spot bitcoin\xa0exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less.\n[{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}]\nThe outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S.\nAnd as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space.\nAs expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate.\nSince its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund.\nThe outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains.\nOn the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon.\nStill, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets.\nIf bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million).\nThe task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "760.64", "AUM ($, mm)": "394,945.76", "AUM % Change": "0.19%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "605.53", "AUM ($, mm)": "36,539.97", "AUM % Change": "1.66%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "492.34", "AUM ($, mm)": "245,761.70", "AUM % Change": "0.20%"}, {"Ticker": "IUSB", "Name": "iShares Core Total USD Bond Market ETF", "Net Flows ($, mm)": "420.73", "AUM ($, mm)": "26,025.74", "AUM % Change": "1.62%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "342.90", "AUM ($, mm)": "13,743.02", "AUM % Change": "2.50%"}, {"Ticker": "PAVE", "Name": "Global X U.S. Infrastructure Development ETF", "Net Flows ($, mm)": "302.04", "AUM ($, mm)": "6,041.28", "AUM % Change": "5.00%"}, {"Ticker": "SPYD", "Name": "SPDR Portfolio S&P 500 High Dividend ETF", "Net Flows ($, mm)": "293.64", "AUM ($, mm)": "7,053.35", "AUM % Change": "4.16%"}, {"Ticker": "HACK", "Name": "Amplify Cybersecurity ETF", "Net Flows ($, mm)": "279.40", "AUM ($, mm)": "2,058.57", "AUM % Change": "13.57%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Net Flows ($, mm)": "261.89", "AUM ($, mm)": "2,770.02", "AUM % Change": "9.45%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "246.78", "AUM ($, mm)": "423,408.96", "AUM % Change": "0.06%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,792.96", "AUM ($, mm)": "490,033.87", "AUM % Change": "-0.37%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-515.35", "AUM ($, mm)": "34,890.34", "AUM % Change": "-1.48%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-269.02", "AUM ($, mm)": "63,478.35", "AUM % Change": "-0.42%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-191.69", "AUM ($, mm)": "21,241.66", "AUM % Change": "-0.90%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-158.31", "AUM ($, mm)": "52,275.88", "AUM % Change": "-0.30%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "-149.23", "AUM ($, mm)": "36,349.19", "AUM % Change": "-0.41%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-131.15", "AUM ($, mm)": "55,440.71", "AUM % Change": "-0.24%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $831,260,920,750 - Hash Rate: 535009687.19872814 - Transaction Count: 413272.0 - Unique Addresses: 680097.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Indonesian internet provider PT Link Net is considering selling a stake in its fiber business to raise as much as $500 million to fund an expansion, according to people with knowledge of the matter. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Gloom Over China Assets Is Spreading Beyond Battered Stocks Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk The unit of Axiata Group Bhd., Malaysia’s biggest wireless carrier, is seeking an adviser to help with a potential sale, which could raise $400 million to $500 million, the people said, asking not to be identified discussing private information. Considerations are preliminary and Link Net could decide against a deal, the people said. Link Net declined to comment. A representative for Axiata said Link Net requires capital to accelerate its “fiber build,” but didn’t provide details on the size of the potential fundraising. “Amongst many sources of capital, inviting investors to partner with us in this growth opportunity is one such source,” the spokesperson said. Axiata Group’s shares jumped 3.5% Monday morning, touching the highest in five months. Read More: Malaysia’s Axiata Is Said to Weigh Options for Indonesian Units As part of a non-binding deal in December, Link Net agreed to transfer its fixed broadband business to Indonesian mobile operator PT XL Axiata. Link Net has a market value of about 3.5 trillion rupiah ($224 million). Its share price has fallen 43% over the past 12 months. XL Axiata rose 2.5% Monday. --With assistance from Fathiya Dahrul. (Updates share price moves in fifth and seventh paragraphs.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/ImNotASheeep', 'News on the distributions (new docket)', 74, '2024-02-01 00:10', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/', 'Instructions on how to receive distributions will take up to 2 weeks to send out\n\n- "Please note that because of the volume of distributions, it will take up to two (2) weeks to send instructions to eligible creditors on the next steps for receiving their distributions on account of their Claims."\n\nBTC and ETH prices were set on 16th of January\n\n- "the below table, which reflects cryptocurrency prices on January 16, 2024 (i.e., fifteen (15) days prior to the Effective Date)\r(the “Distribution Cryptocurrency Conversion Table”), is the conversion table the Debtors shall use to calculate the amount of any Liquid Cryptocurrency a Holder of an Allowed Claim (other than Custody Claims prior to the Deactivation Date) shall receive under the Plan."\n\n- BTC = $42,972.9948\n\n- ETH = $2,577.4752\n\nMiningCo stock will be distributed on Thursday, 1 Feb. \n\n- "Odyssey will commence distribution of MiningCo Common Stock on Thursday, February 1, 2024."\n\n57.9% of your claim will be distributed as liquid cryptocurrency and 14.9% will be stock in MiningCo. This is a 72.8% initial distribution amount, with a further 6.4% coming back later through illiquid asset recovery (as part of the wind down). This means that a total of 79.2% of your claim should be recovered at the end of the whole ordeal.\n\nIt also looks like convenience claims are still being treated as is, thus they will only receive 70% of their claim, all in liquid cryptocurrency with no stock or illiquid asset recovery.', 'https://www.reddit.com/gallery/1afvq6s', '1afvq6s', [['u/Diamondphalanges756', 11, '2024-02-01 00:19', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/koctubs/', "How are they going to distribute the stock?\n\nThey can't put it in our wallets right?\n\nHow do we get it?", '1afvq6s'], ['u/drpepinos', 10, '2024-02-01 00:42', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kocxkr9/', '"Odyssey will commence distribution of MiningCo Common Stock on Thursday, February 1, 2024. For more information regarding the distribution of MiningCo Common Stock, please review responses to frequently asked questions related to the MiningCo Common Stock distribution, which will be available on Odyssey’s website beginning on Thursday, February 1, 2024 at the following link: [ionicdigital.odysseytrust.com](http://ionicdigital.odysseytrust.com) (the “MiningCo Common Stock FAQ”). "', '1afvq6s'], ['u/daryan1', 43, '2024-02-01 00:49', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kocylcm/', 'So were getting liquid 57% of the value of wht we had at the time of bankruptcy?\n\nSo in reality thats like a 70% haircut… fuck me', '1afvq6s'], ['u/Ubermike90', 11, '2024-02-01 01:22', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kod3rsm/', 'Wait does everyone get stock now? Or under 5k$ it’s still only crypto', '1afvq6s'], ['u/2BFrank69', 12, '2024-02-01 01:24', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kod44ha/', 'Brutal. This is corrupt bs', '1afvq6s'], ['u/2BFrank69', 15, '2024-02-01 01:26', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kod4fs5/', 'No one wants stock…. Good lord', '1afvq6s'], ['u/Neat_Possible4937', 21, '2024-02-01 01:38', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kod6d71/', "57%... fucking brutal... everyone was calling for 75-85% recently. I'm disappointed yet again", '1afvq6s'], ['u/TraditionalCoffee', 38, '2024-02-01 03:15', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kodlgae/', 'Fuck you Alex Mashinsky. You fucking dog.', '1afvq6s'], ['u/Source_YourMom', 13, '2024-02-01 04:07', 'https://www.reddit.com/r/CelsiusNetwork/comments/1afvq6s/news_on_the_distributions_new_docket/kodt5jb/', 'In retrospect, I should have sold my claim to one of the vulture companies and then just re bought. Would be doing pretty damn good right now.', '1afvq6s']]], ['u/MasterGeekMX', "PSA: Source games (TF2, Garry's Mod, Black Mesa, Portal, etc) are broken in Arch Linux. Here is how to fix it.", 135, '2024-02-01 00:21', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/', "From some months ago, one of the libraries that the Source engine for Linux uses is broken under Arch Linux, causing the games to not launch (one presses the play button, then nothing happens and the play button goes green again).\n\nThis is because Source engine games bring their own libraries with them, but the version they ship of tcmalloc (a high-performance multi-threaded library for memory allocation developed originally by Google) causes a crash of the Source engine under Arch Linux.\n\nTo solve that, we will instead install our own version, and tell the game to use ours instead of the one it brings with.\n\nSteps:\n\n1. Install the lib32-gperftools package from the Arch User Repository: [https://aur.archlinux.org/packages/lib32-gperftools](https://aur.archlinux.org/packages/lib32-gperftools) (if you don't know how to manually install AUR packages, you can use a helper tool like yay)\n2. Open up the folder where the game files live\n - From the Steam client, you can do that by selecting the game, then clicking the cog button → Installed Files → Browse...\n3. Move into the 'bin' folder inside the game files folder\n4. Erase the libtcmalloc_minimal.so file\n5. Make a symbolic link (Linux's shortcut equivalent) to the libtcmalloc_minimal.so we installed from the AUR that is located in the /usr/lib32 folder\n - Open a terminal inside that folder (there is usually an option for it if you right click on empty space on the folder), and then you can run this command: `ln -s -v /usr/lib32/libtcmalloc_minimal.so .`.\n - The -s is to make it a symbolic link, and the -v to show the action performed onscreen (optional). The dot represent the current folder (which in this case is the bin folder of the game files).\n\nAnd you are done!", 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/', '1afvzpx', [['u/GamertechAU', 40, '2024-02-01 00:27', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kocv6jc/', 'Or just use the Steam flatpak that has the fix built in.', '1afvzpx'], ['u/NixNicks', 58, '2024-02-01 00:34', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kocw8ga/', 'I run my TF2 with LD\\_PRELOAD=/usr/lib32/libtcmalloc.so (from lib32-gperf), no linking required', '1afvzpx'], ['u/plague-sapiens', 17, '2024-02-01 00:46', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kocy4h4/', "Idk why people are not using flatpaks. It's never been so hassle free to use software on linux. No more fuck-ups with dependencies.", '1afvzpx'], ['u/MasterGeekMX', 21, '2024-02-01 01:00', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod0eb9/', "Did for a time, then suddenly it didn't worked.", '1afvzpx'], ['u/localLesbianDisaster', 12, '2024-02-01 01:03', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod0vhc/', "Seriously. Every single time I had a problem with an app not working (or bugs with games on Steam) the solution was to use Flatpak. It's just so much easier", '1afvzpx'], ['u/s3gfaultx', 43, '2024-02-01 01:13', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod2i7l/', 'Install [lib32-gperftools](https://aur.archlinux.org/packages/lib32-gperftools) package from AUR.\n\nSet launch option in Steam to: \nLD\\_PRELOAD=/usr/lib32/libtcmalloc.so:$LD\\_PRELOAD %command%\n\nShould launch fine and the Steam overlay will still work too.', '1afvzpx'], ['u/abotelho-cbn', 39, '2024-02-01 01:25', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod4b8b/', "Which is weird.\n\nSteam already has a Linux Runtime. I don't understand why these libraries aren't included in the Runtime.", '1afvzpx'], ['u/gardotd426', 34, '2024-02-01 01:27', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod4n2w/', "Because they're a pain in the ass, They don't integrate properly with the rest of your system, and honestly they rather suck. They're WAY better than snaps, which is why they've mostly won the universal packaging format war, but that's about it. \n\nAlso, if you use flatpaks for everything the space requirements are INSANE. I had flatpaks for like 20 packages (and most were dependencies for like, Steam and shit), and it was several gigabytes more than the same shit using distro packages. I have 8TB of all-SSD storage and even that was too much for me.", '1afvzpx'], ['u/Synthetic451', 10, '2024-02-01 01:34', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod5qe9/', "Don't use `steam-native-runtime` and you'll avoid issues like this. All of the above games you listed work just fine on my Arch system.", '1afvzpx'], ['u/AssociateFalse', 11, '2024-02-01 01:44', 'https://www.reddit.com/r/linux_gaming/comments/1afvzpx/psa_source_games_tf2_garrys_mod_black_mesa_portal/kod79ls/', '[I call bull](https://docs.flatpak.org/en/latest/sandbox-permissions.html).', '1afvzpx'], ['u/MasterGeekMX', 10, '2024-02-01 01:48', 'https://www.reddit.com/r/linux_gaming/comme... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "1,997.92", "AUM ($, mm)": "425,186.23", "AUM % Change": "0.47%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,865.67", "AUM ($, mm)": "491,644.03", "AUM % Change": "0.38%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "564.49", "AUM ($, mm)": "49,589.03", "AUM % Change": "1.14%"}, {"Ticker": "IWY", "Name": "iShares Russell Top 200 Growth ETF", "Net Flows ($, mm)": "395.96", "AUM ($, mm)": "9,696.35", "AUM % Change": "4.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "395.10", "AUM ($, mm)": "18,623.79", "AUM % Change": "2.12%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "299.18", "AUM ($, mm)": "2,769.18", "AUM % Change": "10.80%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "272.59", "AUM ($, mm)": "62,131.04", "AUM % Change": "0.44%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "265.38", "AUM ($, mm)": "395,001.17", "AUM % Change": "0.07%"}, {"Ticker": "IVE", "Name": "iShares S&P 500 Value ETF", "Net Flows ($, mm)": "246.35", "AUM ($, mm)": "31,215.45", "AUM % Change": "0.79%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "233.89", "AUM ($, mm)": "244,346.93", "AUM % Change": "0.10%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-458.81", "AUM ($, mm)": "33,148.17", "AUM % Change": "-1.38%"}, {"Ticker": "HACK", "Name": "Amplify Cybersecurity ETF", "Net Flows ($, mm)": "-278.84", "AUM ($, mm)": "1,775.57", "AUM % Change": "-15.70%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-255.65", "AUM ($, mm)": "12,836.30", "AUM % Change": "-1.99%"}, {"Ticker": "IJR", "Name": "iShares Core S&P Small-Cap ETF", "Net Flows ($, mm)": "-240.12", "AUM ($, mm)": "76,828.17", "AUM % Change": "-0.31%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-220.68", "AUM ($, mm)": "21,213.74", "AUM % Change": "-1.04%"}, {"Ticker": "BITO", "Name": "ProShares Bitcoin Strategy ETF", "Net Flows ($, mm)": "-143.32", "AUM ($, mm)": "1,874.54", "AUM % Change": "-7.65%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "-122.58", "AUM ($, mm)": "13,482.49", "AUM % Change": "-0.91%"}, {"Ticker": "ARKK", "Name": "ARK Innovation ETF", "Net Flows ($, mm)": "-121.88", "AUM ($, mm)": "7,741.57", "AUM % Change": "-1.57%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-113.56", "AUM ($, mm)": "55,889.95", "AUM % Change": "-0.20%"}, {"Ticker": "ICSH", "Name": "BlackRock Ultra Short-Term Bond ETF", "Net Flows ($, mm)": "-98.65", "AUM ($, mm)": "6,002.25", "AUM % Change": "-1.64%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "15.11", "AUM ($, mm)": "6,771.70", "% of AUM": "0.22%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-8.95", "AUM ($, mm)": "16,963.14", "% of AUM": "-0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "-171.49", "AUM ($, mm)": "126,629.65", "% of AUM": "-0.14%"}, {"": "Currency", "Net Flows ($, mm)": "106.23", "AUM ($, mm)": "31,912.51", "% of AUM": "0.33%"}, {"": "International Equity", "Net Flows ($, mm)": "-344.24", "AUM ($, mm)": "1,364,521.08", "% of AUM": "-0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "82.90", "AUM ($, mm)": "172,530.78", "% of AUM": "0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-5.16", "AUM ($, mm)": "13,943.18", "% of AUM": "-0.04%"}, {"": "Leveraged", "Net Flows ($, mm)": "516.37", "AUM ($, mm)": "85,159.07", "% of AUM": "0.61%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "6,841.92", "AUM ($, mm)": "5,099,123.20", "% of AUM": "0.13%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,086.00", "AUM ($, mm)": "1,367,413.64", "% of AUM": "0.08%"}, {"": "Total:", "Net Flows ($, mm)": "8,118.69", "AUM ($, mm)": "8,284,967.93", "% of AUM": "0.10%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "Global X, the thematic-focused ETF issuer with $42 billion in 108 funds, pulled its plan to launch aspot bitcoin ETFas the field for the new fund shows signs of getting crowded and the pace of inflows slows.\nThe CBOE BZX Exchange, where the fund would have listed,filedon Jan. 30 a notice to officially withdraw the fund.\nWhile Global X sought approval for its Global X Bitcoin Trust back in 2021, it wasn’t among the 11 spot bitcoin ETFs that began trading Jan. 11, the day after the SEC approved them following more than a decade\xa0since the first spot bitcoin ETF application was submitted.\xa0While the funds quickly pulled in billions of investor cash, enthusiasm has cooled and the rate of new money coming in has slowed.\nIn the meantime, leaders and followers in the field are becoming apparent, with the largest, most established firms grabbing the most money. As of Jan. 31 theiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data.\nNew York-basedGlobal Xsaid in an emailed statement from Adam Sze, head of product development, that a spot bitcoin ETF as\xa0currently permitted, “is not a current priority for the business.”\nThe current spot bitcoin ETFs are akin to “physical commodity fund” which isn’t a company focus, he wrote. “Historically, we have not focused on 33 Act product offerings.” Still, the company remains “committed to digital assets” with “digital assets strategies in the pipeline that address investor priorities, such as managing volatility, as opposed to a pure buy and hold bitcoin strategy.”\nGlobal X's biggest fund is the $7.9 billionGlobal X NASDAQ 100 Covered Call ETF (QYLD).\nWhile 11 firms launched spot bitcoin ETF products on Jan. 11, the race to rollout a product has been competitive. Before launching, firms rushed to sign authorized participant (AP) agreements, find seeding for the fund, and work out details such as in-kind versus cash creations with the SEC.\nExperts and issuers said\xa0that many of the logistical steps could be barriers to entry for some firms, as well as the inherent competition that comes with over ten firms launching similar funds on the same day.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved", "Global X, the thematic-focused ETF issuer with $42 billion in 108 funds, pulled its plan to launch aspot bitcoin ETFas the field for the new fund shows signs of getting crowded and the pace of inflows slows.\nThe CBOE BZX Exchange, where the fund would have listed,filedon Jan. 30 a notice to officially withdraw the fund.\nWhile Global X sought approval for its Global X Bitcoin Trust back in 2021, it wasn’t among the 11 spot bitcoin ETFs that began trading Jan. 11, the day after the SEC approved them following more than a decade\xa0since the first spot bitcoin ETF application was submitted.\xa0While the funds quickly pulled in billions of investor cash, enthusiasm has cooled and the rate of new money coming in has slowed.\nIn the meantime, leaders and followers in the field are becoming apparent, with the largest, most established firms grabbing the most money. As of Jan. 31 theiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data.\nNew York-basedGlobal Xsaid in an emailed statement from Adam Sze, head of product development, that a spot bitcoin ETF as\xa0currently permitted, “is not a current priority for the business.”\nThe current spot bitcoin ETFs are akin to “physical commodity fund” which isn’t a company focus, he wrote. “Historically, we have not focused on 33 Act product offerings.” Still, the company remains “committed to digital assets” with “digital assets strategies in the pipeline that address investor priorities, such as managing volatility, as opposed to a pure buy and hold bitcoin strategy.”\nGlobal X's biggest fund is the $7.9 billionGlobal X NASDAQ 100 Covered Call ETF (QYLD).\nWhile 11 firms launched spot bitcoin ETF products on Jan. 11, the race to rollout a product has been competitive. Before launching, firms rushed to sign authorized participant (AP) agreements, find seeding for the fund, and work out details such as in-kind versus cash creations with the SEC.\nExperts and issuers said\xa0that many of the logistical steps could be barriers to entry for some firms, as well as the inherent competition that comes with over ten firms launching similar funds on the same day.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved", "Binance, the world's largest cryptocurrency exchange, hasannouncedthe launch of an in-app Inscriptions Marketplace, providing a comprehensive platform for users to inscribe and trade inscriptions, including Bitcoin BRC-20 tokens such as ORDI.\nThe announcement stated: “The Inscriptions Marketplace is designed with accessibility and convenience in mind. It caters to all, from BRC-20 enthusiasts to those new to Web3, providing a secure and enjoyable experience. The introduction of the Inscriptions Marketplace is a welcome development for Binance Web3 Wallet, enhancing users’ journey through the decentralized web with its array of features.”\nThe Binance Inscriptions Marketplace offers a user-friendly interface within the Binance Web3 Wallet, enabling users to seamlessly inscribe and 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: 2024-02-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $846,057,156,862 - Hash Rate: 676117474.0216229 - Transaction Count: 429732.0 - Unique Addresses: 691810.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Valuations for many stocks have been rising sharply this year. But investors should be careful not to assume that the current year's trends will continue into 2024. Growth stocks, especially, are trading at elevated prices and could be due for a correction in the near future. Three stocks that may run out of steam next year includeRiot Platforms(NASDAQ: RIOT),C3.ai(NYSE: AI)andTesla(NASDAQ: TSLA). There's no mystery behind the impressive performance of Riot Blockchain this year. Crypto valuations have been soaring, withBitcoin's price jumping by more than 150%. Riot has more than just gone along for the ride, however, as its share price is up a monstrous 417%. Riot is a Bitcoin-mining and digital infrastructure company. As the price of Bitcoin goes up, its revenue does as well. In its most recent earnings report, for the third quarter ended on Sept. 30, the company's revenue totaled $51.9 million and was up 12% year over year. Riot, however, still posted a net loss of $45.3 million this past quarter (versus a loss of $32.4 million in the prior-year period). While the company is investing more into expanding its production capacity, the risk for investors is that this stock is still going to depend heavily on the value of Bitcoin, which has proven to be volatile over the years. Unless Bitcoin has another strong performance in 2024, Riot Platforms is a stock that may run out of steam in the near future. Unless you have a high risk tolerance, you're better off avoiding the stock. Artificial intelligence (AI) company C3.ai has benefited from the AI boom this year. Although it doesn't have a chatbot, it provides AI solutions to companies. The only problem -- the growth just hasn't been all that impressive. While investors have seenNvidiaand other companies generate strong growth numbers this year thanks to AI, that hasn't really been the case with C3.ai. Over the past three quarters, its revenue has been within a range of $72 million to $73 million, and there hasn't been a significant increase in quarter-over-quarter revenue. It has largely been flat. The troubling scenario is when C3.ai starts to lap this year's numbers. Last quarter (which ended on Oct. 31), the company's revenue totaled $73.2 million and was up 17% year over year. But if the year-over-year growth rate, which normally gets more attention than the quarter-over-quarter growth rate, gets down to single percentage points, the wheels could come off for the stock. Year to date, shares of C3.ai are up more than 180%, but in recent months they have been declining. That trend could continue into 2024.C3.ai is a riskyAI stockto own, and it may have already peaked. Electric vehicle (EV) maker Tesla is a favorite for long-term growth investors. The EV market is a hot one to be in, and Tesla is a leading company in that respect. Over the years, its financials have improved, the business is now profitable, and the stock is one of the top ones in theS&P 500. This year, Tesla's stock has doubled in value. But it too faces some challenges heading into next year. The company's recently launched Cybertruck, for instance, won't be profitable until at least 2025, according to CEO Elon Musk. Meanwhile, the company's margins have already been under pressure due to price cuts. Tesla's gross margin last quarter (for the period ended Sept. 30) was just 17.9%, versus 25.1% in the same period a year earlier.In October, Musk also warned investors that "if the macroeconomic conditions are stormy, even the best ship is still going to have tough times." Tesla is the only one of the three stocks on this list that could make for a good long-term investment. But investors need to prepare for the possibility that the EV stock could slow down next year, or even fall in value due to potentially worsening profit numbers and economic headwinds. Should you invest $1,000 in C3.ai right now? Before you buy stock in C3.ai, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and C3.ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 18, 2023 David Jagielskihas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Nvidia, and Tesla. The Motley Fool recommends C3.ai. The Motley Fool has adisclosure policy. 3 Red-Hot Growth Stocks That Have Doubled This Year But Could Run Out of Steam in 2024was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/hjohnson61697', 'Have 0.245 BTC in the app but my claim email was for only 0.038', 21, '2024-02-02 00:09', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/', 'Trying to understand the payouts / why I only got 12% of my btc back. Thanks', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/', '1agokm3', [['u/fixerdrew02', 14, '2024-02-02 00:22', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koictgg/', 'Any ETH back?', '1agokm3'], ['u/SmoothSkunk', 27, '2024-02-02 00:57', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koiidpq/', 'Your BTC was dollarized at the bottom and “rebought” near the recent top after prices increased over 100% from the bottom. The “57.9%” is laughably misleading. You will receive some ETH, too, just slightly less in dollar value vs the BTC you’ve already received; I think I read both distributions require their own code. \n\nI made a calculator this morning and am looking at around a 73% loss crypto-to-crypto. Fun stuff. Hope you’ve been rebuilding..', '1agokm3'], ['u/networkguy4', 54, '2024-02-02 01:07', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koijzg2/', 'It is laughable. The company stole our money to start a mining business, utilized trading strategies to lock us in at the bottom and drag it out to over 2 years so we get peanuts back while they keep the remaining over 2x gains to further pad their pockets. And somehow bankruptcies laws in the state of New York allow this shit. \n\nThey should have just liquidated everything the day they locked the app and gave us what was left.', '1agokm3'], ['u/okspam', 17, '2024-02-02 01:48', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koiqdnt/', 'Yes, those numbers are right and almost identical to mine. We got majorly screwed.', '1agokm3'], ['u/hyperimpossible', 15, '2024-02-02 02:12', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koiu5dv/', 'Unfortunately the laws only protect and benefit the rich.', '1agokm3'], ['u/Ada-Millionare', 23, '2024-02-02 03:50', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/koj8mfa/', "It sucks but I considered that money long gone with 0 hopes of recover, so for me is a plus but I won't be happy until Alex is on jail or underground...", '1agokm3'], ['u/2BFrank69', 13, '2024-02-02 05:38', 'https://www.reddit.com/r/CelsiusNetwork/comments/1agokm3/have_0245_btc_in_the_app_but_my_claim_email_was/kojnc7q/', 'Yeah we got scammed, robbed, played', '1agokm3']]], ['u/Abject-Government-13', 'Get your Pancakes - Bitcoin Selling Out Fast', 30, '2024-02-02 01:56', 'https://www.reddit.com/r/ConeHeads/comments/1agqzl3/get_your_pancakes_bitcoin_selling_out_fast/', " (mini-pancakes Bitcone available as well get them while they are hot!)\n\nCones! The Grayscale Bitcoin sell off has only served to keep our secret for a little while, but the truth is starting to make itself very apparent. If you have not already got them, get your Bitcoin and more importantly get your Bitcone because the excitement is just starting.\n\nThe spot Bitcoin ETFs are selling out fast. Here is an ETF by ETF view of each fund with Asset Under Management (AUM) numbers and today's Volume. I'll save you the trouble of adding these numbers up. It is just over $28 Billion in Bitcoin!!!!\n\nIf I divide that value by the current price it puts it around 651,162 BTC!!!!!\n\nIf I take 651,162 and divide that by the total supply of 21,000,000 then I get 3.2%!!!!\n\nhttps://preview.redd.it/39ktrzcjl2gc1.png?width=1402&format=png&auto=webp&s=d8a63d996b14b0c4f68b0b17c60657b7e89de9e3\n\nSo, the 3.2% of the total BTC supply exists in the spot Bitcoin ETFs. Now, a lot of that with Grayscale was already there, but at this rate the total supply of BTC is going to get bought up very quickly into these spot Bitcoin ETFs.\n\nNow that the outflows from GBTC have slowed the available supply is dwindling quickly. The total Bitcoin on exchanges is at a low of 5.4%. So, there is not much to buy without the Grayscale sell off which has shrunk about 58% of total daily average.\n\nIt is breakfast time Cones! Time to pick up your Bitcoin and your Bitcone. We keep hearing about possible dips or sell offs but the most we have seen is 20% and that is with the immense sell pressure from GBTC. That is slowing and will not be a factor soon. We are starting to see upward price pressure.\n\nEven with the FED saying it will unlikely raise rates in March, that did not effect the BTC much of 1% if at all and that dip has been wiped out. The halving coming up and historical prices reach ATH sometime around August of 2025. The market is fundamentally different than in years past. It might go up and not come down until after 2025, we have not ever had ETFs in the U.S. before.\n\nThe regulation and the marketing the partnerships and the attention BTC is getting is like never before. Things are changing but one thing is not. BTC security.\n\nEven as the economy is jumpstarted for this election cycle, it might not matter anymore as people are starting to wake up to inflation and see BTC as a store of value. A flight to quality, a flight to Bitcoin or Bitcone to borrow a phrase.\n\nSo, get your pancakes Bitcoin and get your mini pancakes Bitcone and let's all watch number go up together.", 'https://www.reddit.com/r/ConeHeads/comments/1agqzl3/get_your_pancakes_bitcoin_selling_out_fast/', '1agqzl3', [['u/nakamo-toe', 11, '2024-02-02 03:08', 'https://www.reddit.com/r/ConeHeads/comments/1agqzl3/get_your_pancakes_bitcoin_selling_out_fast/koj2iff/', '![gif](giphy|cR3ePdkB2Qc7K8qORL)\n\nHe didn’t mean it little CONE, we love you to. 🥺\n\n!tip 26630', '1agqzl3']]], ['u/dadlif3', "What do you buy with Monero that couldn't be bought with Non-KYC Bitcoin?", 18, '2024-02-02 02:26', 'https://www.reddit.com/r/Monero/comments/1agrm88/what_do_you_buy_with_monero_that_couldnt_be/', ' \n\nGood Evening, I’m interested in the privacy aspects of Monero. I’ve accepted both BTC and XMR as payments before and have used BTC to pay for good and services. \n\nI understand there are protocol differences between Monero and Bitcoin that enhances privacy at the base layer of Monero. No questions about it, Monero is opaque compared to Bitcoin’s open ledger. **My question is how does this practically enhance privacy in a situation where Monero is used like money to pay for good and services?** For the purpose of this thought exercise all Bitcoin has been acquired without use of a KYC exchange and there are no purchase records or identities associated with these UTXOs.\n\nFor example, you can either purchase goods online or in person. If you were to purchase a good or service from a vendor that required ID, the transaction is no longer private or anonymous therefore it doesn’t matter if you use BTC or XMR because you have revealed your identity to the seller.\n\nIf you were to purchase a good or service in person, that person either knows who you are or they don’t. While the transaction can be seen on the Bitcoin blockchain it is meaningless without an associated identity. So if we accept the premise that the seller does not know you and does not require ID, it doesn’t matter if you use BTC or XMR because there is no means of identification.\n\nOnline purchases for a physical good will always have a shipping address; one could either choose their home address or an alternate address such as a PO Box. Using a home address would reveal your identity to the sender so let’s say we took some steps to obfuscate our real address and therefore our identity as well. Again, it doesn’t matter if I use BTC or XMR because there are no names to associate with the payment. \n\n**At then end of this exercise I don’t see any practical differences between spending BTC or XMR to acquire goods and services when it comes to real world privacy. If anything, XMR seems like the dummy-proof option to achieve privacy without understanding the process behind Bitcoin UTXOs. That said, I would like to open the discussion to the community and hear some personal examples of situations where Monero was used as a payment and how paying with non-KYC bitcoins would have compromised privacy.**', 'https://www.reddit.com/r/Monero/comments/1agrm88/what_do_you_buy_with_monero_that_couldnt_be/', '1agrm88', [['u/DomiO6', 14, '2024-02-02 11:46', 'https://www.reddit.com/r/Monero/comments/1agrm88/what_do_you_buy_with_monero_that_couldnt_be/kokkkej/', "Hey! Your analysis is pretty spot-on. In scenarios where ID isn't required, and you take steps to obfuscate personal details like addresses, the practical privacy difference between spending BTC and XMR might be minimal. Monero's strength, especially in fungibility, shines when you consider potential taint on BTC. If those non-KYC bitcoins have any shady history, they might be less accepted or valued, making Monero the cleaner, more fungible choice. It's like paying with unmarked bills instead of ones that might have been used in some questionable deal. What do you think?", '1agrm88'], ['u/mR_m1m3', 29, '2024-02-02 11:51', 'https://www.reddit.com/r/Monero/comments/1agrm88/what_do_you_buy_with_monero_that_couldnt_be/kokl0bp/', 'peace of mind that no one will ever know how much of it I have', '1agrm88'], ['u/Jaggedmallard26', 19, '2024-02-02 12:36', 'https://www.reddit.com/r/Monero/comments/1agrm88/what_do_you_buy_with_monero_that_couldnt_be/kokozw9/', 'The easier it is to achieve the best possible privacy the less likely it is to go wrong. With non-KYC BTC you have to hope that you do everything perfectly, your seller does everything perfectly and ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "2,217.99", "AUM ($, mm)": "356,569.61", "AUM % Change": "0.62%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,939.02", "AUM ($, mm)": "241,543.20", "AUM % Change": "0.80%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,811.53", "AUM ($, mm)": "485,555.14", "AUM % Change": "0.37%"}, {"Ticker": "JGLO", "Name": "JPMorgan Global Select Equity ETF", "Net Flows ($, mm)": "596.50", "AUM ($, mm)": "1,567.63", "AUM % Change": "38.05%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "588.18", "AUM ($, mm)": "19,193.19", "AUM % Change": "3.06%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "586.89", "AUM ($, mm)": "389,241.08", "AUM % Change": "0.15%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "495.31", "AUM ($, mm)": "8,106.12", "AUM % Change": "6.11%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "349.45", "AUM ($, mm)": "5,223.90", "AUM % Change": "6.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "339.77", "AUM ($, mm)": "418,690.99", "AUM % Change": "0.08%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "267.38", "AUM ($, mm)": "101,781.70", "AUM % Change": "0.26%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-2,074.09", "AUM ($, mm)": "31,078.68", "AUM % Change": "-6.67%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-1,099.77", "AUM ($, mm)": "60,313.72", "AUM % Change": "-1.82%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-704.72", "AUM ($, mm)": "35,580.08", "AUM % Change": "-1.98%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-322.44", "AUM ($, mm)": "10,699.28", "AUM % Change": "-3.01%"}, {"Ticker": "SPYD", "Name": "SPDR Portfolio S&P 500 High Dividend ETF", "Net Flows ($, mm)": "-292.89", "AUM ($, mm)": "6,663.29", "AUM % Change": "-4.40%"}, {"Ticker": "MDY", "Name": "SPDR S&P Midcap 400 ETF Trust", "Net Flows ($, mm)": "-261.84", "AUM ($, mm)": "19,646.55", "AUM % Change": "-1.33%"}, {"Ticker": "PAVE", "Name": "Global X U.S. Infrastructure Development ETF", "Net Flows ($, mm)": "-253.25", "AUM ($, mm)": "5,746.60", "AUM % Change": "-4.41%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-187.67", "AUM ($, mm)": "20,519.16", "AUM % Change": "-0.91%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-165.90", "AUM ($, mm)": "12,637.82", "AUM % Change": "-1.31%"}, {"Ticker": "JIRE", "Name": "JPMorgan International Research Enhanced Equity ETF", "Net Flows ($, mm)": "-157.63", "AUM ($, mm)": "5,997.25", "AUM % Change": "-2.63%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "43.10", "AUM ($, mm)": "6,808.91", "% of AUM": "0.63%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-4.10", "AUM ($, mm)": "16,858.70", "% of AUM": "-0.02%"}, {"": "Commodities", "Net Flows ($, mm)": "11.74", "AUM ($, mm)": "126,980.64", "% of AUM": "0.01%"}, {"": "Currency", "Net Flows ($, mm)": "171.51", "AUM ($, mm)": "31,408.06", "% of AUM": "0.55%"}, {"": "International Equity", "Net Flows ($, mm)": "989.05", "AUM ($, mm)": "1,358,679.92", "% of AUM": "0.07%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "245.66", "AUM ($, mm)": "173,268.34", "% of AUM": "0.14%"}, {"": "Inverse", "Net Flows ($, mm)": "-272.91", "AUM ($, mm)": "14,118.23", "% of AUM": "-1.93%"}, {"": "Leveraged", "Net Flows ($, mm)": "1,074.47", "AUM ($, mm)": "82,540.06", "% of AUM": "1.30%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "5,790.51", "AUM ($, mm)": "5,022,342.58", "% of AUM": "0.12%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-278.25", "AUM ($, mm)": "1,371,735.79", "% of AUM": "-0.02%"}, {"": "Total:", "Net Flows ($, mm)": "7,770.79", "AUM ($, mm)": "8,204,741.23", "% of AUM": "0.09%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Feb. 2—A local business was the victim of a phone scam last month, and the Logansport Police Department is asking citizens to be vigilant and use caution when dealing with anonymous callers.\nOn the morning of Jan. 13, a sum of money was removed from the former D&J Liquors location at 3800 E Market St., now known as Mega Liquor and Smoke, by a caller masquerading as the business owner.\nSergeant Dan Frye of the Logansport Police Department responded to the incident. He said one of the employees received a phone call from whom she believed was the business\'s owner. The "owner" directed her to take money out of the cash drawer to a Bitcoin kiosk, saying he was expecting a shipment that day and that he had paid for it with a check, which they did not take anymore.\nThe caller then said there was going to be an extensive penalty for late payment, and directed her to break open the safe when she could not find the key to it. During this time, she was also on the phone with someone allegedly from FedEx. They directed her to take the money, which had reached a larger sum due to more fees, to a Bitcoin kiosk in Peru.\nPolice were then called when someone came by the business, still locked though it should have been open, and saw the safe was standing open, according to Frye.\n"Nobody was suspected of any wrong doing," Frye said. "The young lady just got scammed and she thought she was trying to help out the boss that was in some trouble."\nAs they anticipate the callers from being overseas, Frye said he is not sure if they will be able to get any information. They do not suspect the employee having any involvement and all money that was put into Bitcoin was accounted for, although not retrieved, he said.\n"There\'s no suspects. I mean, there\'s no way to track them to my knowledge at this point... it\'s obviously a big scam. They got more than one person doing this and the numbers don\'t come back to anything," Frye said. "Most of the stuff that\'s happening like this are from overseas."\nFrye said other businesses should absolutely be aware of this scam, as he said it happened to another store in Logansport. He said there are multiple different types of scams out there that can affect the community, such as a phone scam where an alleged police officer says a relative is imprisoned and a certain amount of money is needed.\n"... it\'s just unbelievable. I feel bad for them and I wish we had the ability to track them down. And if there is, maybe we\'ll learn about it, and if so, it probably will come after the time I\'m retired," Frye said. "But... we can\'t do anything with it... if we could, we\'d certainly jail them."', '• US stocks surged on Friday, led by a tech-fueled rally and a blowout jobs report.\n• Meta and Amazon posted strong earnings, driving Meta stock up by 20%.\n• The red-hot jobs report shows the US economy is resilient, which is good for corporate earnings.\nUS stocks got a big boost on Friday, driven by a tech-fueled rally and a blowout jobs report.\nStrong earnings reports from tech giants Amazon and Meta drove the Nasdaq index up 1.9% on Friday. Meta shares got a blockbuster boost of nearly 20%, while Amazon was up 7.5%.\nWhile the jobs report initially infused the market with fear, stocks moved higher as investors interpreted the results as a sign of economic resilience. The US added 353,000 jobs in January, maintaining an unemployment rate of 3.7%.\nWhile a strong economy pushes out the timing for a Fed rate cut, whichJerome Powell already hinted at this week, it bodes well for corporate earnings.\n"Today\'s jobs report calls into question the narrative of a soft landing for the economy," David Donabedian from CIBC Private Wealth said. "The January jobs report was pretty dramatic, implying there may be no landing. The economy is ripping ahead."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:4,958.59, up 1.07%\n• Dow Jones Industrial Average:38,654.62, up 0.35% (+134.78 points)\n• Nasdaq Composite:15,628.95, up 1.74%\nHere\'s what else is going on:\n• Experts see anarrow pathfor China to engineer an economic rebound in 2024.\n• A Harvard economist said there\'s little reason to be optimistic about a soft landing this year asthe "runway is in an earthquake zone."\n• Markets are nowbetting the Fed is going to make a mistakewith rate cuts, BofA says.\n• More Russian oil ships have been floating at seawith nowhere to go amid sanctions pressure.\n• Nvidiacould spike another 23%with AI demand still in its infancy, BofA says.\n• The stock market isreliving the dot-com tech bubbleas the Magnificent 7 stocks account for 45% of S&P 500 gains to start the year.\n• Tesla\'s boardfaces a "tornado situation"after Elon Musk\'s $55 billion pay package was struck down, analysts say.\nIn commodities, bonds, and crypto:\n• Oil prices fell, withWest Texas Intermediatedown 2.26% to $72.18 a barrel.Brent crude, the international benchmark, slipped 1.88% to $77.22 a barrel.\n• Golddipped 0.8% to $2,054.60 per ounce.\n• The10-year Treasury yieldrose 16 basis points to 4.026%.\n• Bitcoinrose 0.11% to $43,047.\nRead the original article onBusiness Insider', "Christopher Andrew Isaacson; Executive VP & COO; Cboe Global Markets, Inc.\nDavid Howson; Executive VP & Global President; Cboe Global Markets, Inc.\nFrederic J. Tomczyk; CEO & Director; Cboe Global Markets, Inc.\nJill M. Griebenow; CFO, CAO & Executive VP; Cboe Global Markets, Inc.\nK **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $847,600,534,000 - Hash Rate: 566738184.6284933 - Transaction Count: 515539.0 - Unique Addresses: 668270.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Four firms with spot bitcoin ETF plans have slashed planned fees, SEC filings show. • Invesco, WisdomTree, Bitwise, and Valkyrie revealed lower costs. • The SEC is expected to approve the ETFs as soon as this Wednesday. Four firms looking to offer their own spotbitcoinETFs have already lowered fees, as they race to cheapen costs against prospective competitors. In regulatory filings, Invesco, WisdomTree, Bitwise, and Valkyrie slashed their prices,Bloomberg first reported. That's as the Securities and Exchange Commission is expected to approve such ETFs as soon as Wednesday. The revisions came right after other Wall Street firmsdisclosed their planned fees earlier in the week. While Bitwise already held the lowest fee, it pulled it down to 0.20% rate, following a zero-fee period for the first six months. Invesco, which also charges nothing in the first six months, lowered its fee for the subsequent period to 0.39%, compared to the previously filed 0.59% rate. WisdomTree lowered its price to 0.30% from 0.50%. Valkyrie's fee will now stand at 0.49%, compared to 0.80%. As many as 13 applications are set to be approved, with many expecting the SEC to greenlight all of them at the same time. For its part, Wall Street giant BlackRock plans to start its fee at 0.20% for its first 12 months until the fund hits $5 billion. Then it will rise to 0.30%. Meanwhile, Fidelity set its fee at 0.39%. The regulatory approval of spot bitcoin ETFs is expected to be a major catalyst for the cryptocurrency as it becomes a more mainstream investment. Standard Chartered recently forecast the spot ETFs couldattract up to $100 billion in inflowsby the end of this year, sending the price to $100,000. And by the end of 2025, bitcoin could soar further to $200,000, up more than 300% from the current price. 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:** ["Despite its gut-wrenching volatility, ongoing regulatory uncertainty, and questionable utility, the cryptocurrency market doesn't seem to be going away anytime soon. Investors will continue to try to find winners among the wild asset class.\nEthereum(CRYPTO: ETH)might make for a smart choice. Thisblockchainnetwork has seen its price soar historically. If you were smart enough to invest $1,000 in Ethereum five years ago in early 2019, you'd be sitting on a balance of $21,500 today. That translates to a ridiculously large gain of over 2,000%, which crushes the broaderNasdaq Compositeindex.\nLet's take a closer look at Ethereum's past, while trying to figure out what investors can expect going forward.\nBitcoinwas launched on the heels of the great financial crisis of 2008 and 2009 as the world's first cryptocurrency. With this invention, people anywhere in the world could send value to someone else without the use of an intermediary. It was truly revolutionary.\nBut Ethereum wanted to be much more than this. It was the second cryptocurrency, launching in 2015. The difference compared to Bitcoin was that Ethereum allowed for the creation ofsmart contracts. These are software programs that automatically run when the parties of a transaction fulfill their requirements. Think of an escrow payment being released to a seller only after a buyer receives property, for example. This innovative feature put Ethereum on the map.\nNowadays, there are many other cryptocurrencies that enable smart contract functionality. But Ethereum is still the leader. According to Electric Capital, a venture investment fund, there were 2,400 active monthly full-time developers working on advancing Ethereum's network, far more than any other crypto asset. This bodes well for Ethereum's ability to continue introducing new features that could boost adoption over the long term.\nNonetheless, Ethereum has already become the most popular cryptocurrency when it comes todecentralized applications(dApps). There are 3,000 different dApps operating on Ethereum. Ethereum's ultimate success will depend on its ability to drive greater use cases, something that it is well positioned to do compared to other cryptocurrencies out there.\nLike Bitcoin, Ethereum originally operated with theproof-of-workconsensus mechanism. This meant that so-called miners had to expend computational resources and energy in order to approve transactions and validate the blockchain. But because critics believe this is a waste of electricity, Ethereum made the long-anticipated transition to aproof-of-stakemodel in late 2022 with the completion of The Merge. This system leaves the approval of transactions to Ethereum owners who have locked up their holdings. It's meant to be significantly more energy efficient.\nThe Merge was viewed as a major breakthrough for Ethereum, not only due to its lower energy needs, but because it sets up the cryptocurrency to scale better in the future. The issue with Ethereum is that it can still only process 13 transactions per second, which doesn't even hold a candle to the 65,000 that a massive payments network likeVisacan handle. If Ethereum wants to gain greater adoption across the world, it needs to scale better. And The Merge is one step in that process because it can help to reduce transaction fees while speeding up processing times.\nEthereum's developers have numerous other technical updates in the pipeline. While this does add a lot of implementation risk, as many things can go wrong that weren't anticipated, it is encouraging for supporters to see the blockchain constantly trying to improve itself.\nEthereum currently sits 52% below its all-time high. Bullish investors who have been on the sidelines might want to take a closer look at this cryptocurrency. It's best to start with a tiny position and potentially add more as your knowledge and conviction grow.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of January 29, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Visa. The Motley Fool has adisclosure policy.\nIf You Invested $1,000 in Ethereum in 2019, This Is How Much You'd Have Nowwas originally published by The Motley Fool", 'The dominant cryptocurrency,Bitcoin(CRYPTO: BTC), currently accounts for 51% of the entire crypto market by value, which itself is worth about $1.65 trillion. Bitcoin\'s dominance has ranged from 40% to 60% market share over the last three years.\nBuilding on that, Cathie Wood\'s Ark Invest -- an asset management firm focused on disruptive technologies like blockchain -- believes the cryptocurrency market could be worth $20 trillion by 2030. That implies about 1,100% upside from its current level, and it implies substantial Bitcoin price appreciation.\nSpecifically, if the broader cryptocurrency market reaches $20 trillion by 2030 and Bitcoin still accounts for 40% to 60% of that total, then the implied upside for the crypto falls between 840% and 1,400%.\nBefore casting that estimate aside, consider what other asset classes are worth. The global fixed-income market is valued at $130 trillion, the global stock market is valued at $110 trillion, and above-ground gold reserves are valued at $14 trillion. In that context, a $20 trillion cryptocurrency market is plausible.\nBitcoinprices are a product of supply and demand. However, because its source code limits supply to 21 million coins (of which about 19.6 million now circulate), demand is the only variable of consequence. In other words, whether it becomes more or less valuable depends on whether demand increases or decreases. And there is good reason to believe demand will increase.\nBitcoin is already in greater demand than other digital assets, as evidenced by its dominant position in the cryptocurrency market. Furthermore, while digital wallets fromPayPal,Block, andMercadoLibreallow users to buy select cryptocurrencies, only Bitcoin is accessible across all three fintech platforms.\nDemand extends beyond retail traders. A survey from consulting firm PwC found that institutional exposure to digital assets continued to increase in 2023, just as it did in 2022, and that Bitcoin andEthereumremained the most popular digital assets by a wide margin.\nSimilarly, a recent report from consulting firm Ernst & Young concluded that "most institutional investors believe in the long-term value of blockchain and crypto/digital assets, and plan to scale digital asset investments over the next two to three years." That report also found that Bitcoin (followed by Ethereum) is the most popular digital asset among institutional investors.\nThe recent approval of spot Bitcoin exchange-traded funds (ETFs) is another sign of growing interest among institutions. Specifically, a spot Bitcoin ETF was approved by the European Union in 2023, and11 spot Bitcoin ETFs were approved in the U.S.this year.\nSpot Bitcoin ETFs buy the digital currency directly and, therefore, should track its price closely. Those products reduce friction by offering Bitcoin exposure without the hassle of cryptocurrency exchange accounts and blockchain wallets. Investors can effectively buy and sell Bitcoin through existing brokerage accounts by trading spot Bitcoin ETFs.\nSome of the largest asset managers in the world now offer spot Bitcoin ETFs, includingBlackRock(No. 1 in size), Fidelity (No. 3),Invesco(No. 13), andFranklin Templeton(No. 14). Those reputable firms are especially well positioned to boost demand for Bitcoin given their enormous clientele. In fact, they collectively have more than $15 trillion in assets under management.\nUltimately, spot Bitcoin ETFs could unlock substantial demand from retail and institutional investors. Indeed, Fundstrat analyst Tom Lee says Bitcoin could hit $500,000 by 2029, implying more than 1,000% upside from its current price of $43,000.\nArk Invest is even more bullish. Wood and her team posit a base case where the price per bitcoin approaches $683,000 by 2030, implying more than 1,400% upside.\nCryptocurrency is less polarizing than it once was, but volatility, risk, and regulatory uncertainty are still hallmarks of the market. For that reason, investors with short time horizons (less than five years) and/or an aversion to risk and volatility should steer clear of cryptocurrency.\nOn the other hand, patient investors comfortable with risk and volatility should consider keeping a small portion of their portfolios in Bitcoin. But they should temper their expectations.\nThe colossal returns forecast by Ark Invest and other pundits are possible, but they are far from guaranteed. Bitcoin has declined by 45% or more four times in the last five years, and similar declines are likely in the future.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Bitcoin wasn\'t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $841,807,347,081 - Hash Rate: 581751116.6716322 - Transaction Count: 336211.0 - Unique Addresses: 539397.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Robinhood's long-awaited international expansion is at full throttle. The consumer trading and investment app tailored to the younger generations is launching its crypto app to all eligible users in the European Union, the company said Thursday. The announcement comes on the heels of its foray into the U.K. just a week ago. While it's taking crypto trading to EU customers, it's only making its brokerage service available in the U.K. for now. The EU has been at the forefront of formulating regulations to enforce the traceability of crypto for anti-money laundering and protecting retailers from market volatility. Among the most important frameworks is the Markets in Crypto-Assets (MiCA) rule , which focuses on stablecoin regulation and is seen as one of the world's most comprehensive regimes for crypto assets. "The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans,” Johann Kerbrat, general manager of Robinhood Crypto, said in a statement. Aside from boasting low fees, Robinhood claims it's the only custodial crypto platform -- where customer funds lie in the custody of the exchange rather than their self-hosted wallets -- that will get a percentage of their trading volume back every month, paid in Bitcoin. Users in the EU can buy and sell some 25 cryptocurrencies, including major ones like Bitcoin and Ethereum. Robinhood is taking other measures to assure European users that they are getting their money's worth, given its past business practices have been less than ideal. In the U.S., the Securities and Exchange Commission has criticized the stock trading app for misleading users about how it makes money and failing to deliver its promise of the best execution of trades. It ended up paying $65 million to settle these SEC charges. In its crypto endeavor in the EU, Robinhood promises transparency by displaying the trading spread, which includes the rebate it receives from sell and trade orders in the app. Story continues It also guarantees it will never commingle customer coins with business funds other than for operating purposes, such as payment of network fees. In the aftermath of FTX's collapse, users are increasingly wary of centralized, custodial crypto platforms and switching to decentralized alternatives . Robinhood itself has been skittish about its crypto operations. In June, it voluntarily moved to limit the trading and holding of certain tokens for its U.S. customers, at a time when the government was taking a firmer stance against trading giants like Binance and Coinbase. The Robinhood Crypto app, available on iOS and Android starting today, is restricted to European citizens who are over 18 years old. The platform has plans to include more tokens and add new features like crypto transfers, staking and learning rewards in 2024. Robinhood brings its stock-trading platform to the UK, its first international market... - 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:** ['El Salvador\'s bitcoin-friendly president Nayib Bukele is on his way to another five-year term,according to exit pollswhich show him with an overwhelming lead shortly after voting ended on Sunday evening.\nThe result was widely expected as Bukele, who served since 2019 as president, enjoyed great popularity in the country and led in pre-election polling by a large margin.\n"According to our numbers, we have won the presidential election with more than 85% of the votes and a minimum of 58 of 60 deputies in the Assembly,"tweeted Bukele.\nBukele made a splash during his first term cracking down on gang violence with mass incarcerations and betting big on bitcoin {{BTC}}.\nIn 2021, El Salvador became the first nation to adopt the largest cryptocurrency as legal tender, developed and introduced a crypto wallet Chivo to enhance bitcoin adoption and alsostarted buying the assetas an investment. The move, while widely applauded by bitcoin enthusiasts,drew criticismfrom international organizations such as the International Monetary Foundation (IMF).\nRead more:2021 – The Year Bitcoin Became Salvadoran\nThe country this year plans to issue its long-awaitedbitcoin-backed "Volcano bonds"after receiving regulatory approval in December, which would fund a BTC mining industry powered solely by renewable energy.', 'El Salvador\'s bitcoin-friendly president Nayib Bukele is on his way to another five-year term,according to exit pollswhich show him with an overwhelming lead shortly after voting ended on Sunday evening.\nThe result was widely expected as Bukele, who served since 2019 as president, enjoyed great popularity in the country and led in pre-election polling by a large margin.\n"According to our numbers, we have won the presidential election with more than 85% of the votes and a minimum of 58 of 60 deputies in the Assembly,"tweeted Bukele.\nBukele made a splash during his first term cracking down on gang violence with mass incarcerations and betting big on bitcoin {{BTC}}.\nIn 2021, El Salvador became the first nation to adopt the largest cryptocurrency as legal tender, developed and introduced a crypto wallet Chivo to enhance bitcoin adoption and alsostarted buying the assetas an investment. The move, while widely applauded by bitcoin enthusiasts,drew criticismfrom international organizations such as the International Monetary Foundation (IMF).\nRead more:2021 – The Year Bitcoin Became Salvadoran\nThe country this year plans to issue its long-awaitedbitcoin-backed "Volcano bonds"after receiving regulatory approval in December, which would fund a BTC mining industry powered solely by renewable energy.', 'Nayib Bukele, the pro-Bitcoin president of El Salvador, is on track to secure a second term in office, according to exit poll data released on February 5. The data indicates that Bukele\'s party, Nueva (New) Ideas, has won a commanding 87% of the votes, while his closest competitors, Manuel Flores and Joel Sanchez, have garnered only 7% and 4% of the votes, respectively.\nBukele himselfsharedthe exit poll results on X, expressing confidence in his party\'s victory. He stated that their own data shows him winning the election with over 85% of the votes and securing a minimum of 58 out of 60 deputies in the assembly. Bukele has gained international attention for his enthusiastic support of Bitcoin and his efforts to make it legal tender in El Salvador. He has also spearheaded several Bitcoin-based projects in the country, such as the Volcano Bond and the construction of a tax-free Bitcoin City.\nHowever, Bukele\'s bid for a second term has not been without controversy. Critics argue that the country\'s constitution prohibits him from seeking immediate re-election. Salvadoran lawyer Alfonso Fajardo has pointed out that the constitution prohibits presidential re-election up to seven times.\nDespite these challenges, Bukele remains a popular figure in El Salvador, credited with reducing crime and improving the country\'s economy. Some analysts believe that El Salvador has the potential to become the "Singapore of the Americas," attracting investment capital and immigration in the coming years.', 'The adoption of spot Bitcoin exchange-traded funds (ETFs) is facing a temporary slowdown due to extensive due diligence processes conducted by major trading platforms. According to a recentreportfrom Bloomberg, companies like LPL Financial Holdings, one of the largest independent broker-dealers in the United States, are carefully examining the newly approved Bitcoin ETFs before making them available to their clients.\nLPL Financial, which oversees $1.4 trillion in assets, plans to complete its due diligence on Bitcoin ETFs within three months. The company is evaluating various factors, including the possibility of ETF closures if they fail to accumulate significant assets.\n"We just want to see how they work in the markets," said Rob Pettman, vice president of wealth management solutions for LPL Financial. "That can be a very negative experience for the investor, for the financial adviser. It\'s also incredibly costly for a firm like ours operationally to help to facilitate that."\nDue diligence is a comprehensive analysis performed before making an investment decision. It involves carefully checking all the facts, and understanding the risks and opportunities.\nThe Bloomberg report highlights that 253 ETFs closed down in 2023, with an average asset value of $34 million. This includes crypto-tied products such as the VanEck Digital Assets Mining ETF (DAM) and the Volt Crypto Industry Revolution.\nAs of January 31, all the Bitcoin ETFs approved last month collectively held 656,421 BTC, worth nearly $27 billion at current prices. However, the performance of these ETFs has been impacted by outflows from the Grayscale Bitcoin Trust, which dumped a total of 132,195 Bitcoin after its conversion from an over-the-counter product to a listed ETF.', 'The adoption of spot Bitcoin exchange-traded funds (ETFs) is facing a temporary slowdown due to extensive due diligence processes conducted by major trading platforms. According to a recentreportfrom Bloomberg, companies like LPL Financial Holdings, one of the largest independent broker-dealers in the United States, are carefully examining the newly approved Bitcoin ETFs before making them available to their clients.\nLPL Financial, which oversees $1.4 trillion in assets, plans to complete its due diligence on Bitcoin ETFs within three months. The company is evaluating various factors, including the possibility of ETF closures if they fail to accumulate significant assets.\n"We just want to see how they work in the markets," said Rob Pettman, vice president of wealth management solutions for LPL Financial. "That can be a very negative experience for the investor, for the financial adviser. It\'s also incredibly costly for a firm like ours operationally to help to facilitate that."\nDue diligence is a comprehensive analysis performed before making an investment decision. It involves carefully checking all the facts, and understanding the risks and opportunities.\nThe Bloomberg report highlights that 253 ETFs closed down in 2023, with an average asset value of $34 million. This includes crypto-tied products such as the VanEck Digital Assets Mining ETF (DAM) and the Volt Crypto Industry Revolution.\nAs of January 31, all the Bitcoin ETFs approved last month collectively held 656,421 BTC, worth nearly $27 billion at current prices. However, the performance of these ETFs has been impacted by outflows from the Grayscale Bitcoin Trust, which dumped a total of 132,195 Bitcoin after its conversion from an over-the-counter product to a listed ETF.', 'Bitcoin {{BTC}} traded flat, hovering over $42,000 early Monday, while the CoinDesk 20 Index {{CD20}} is down 0.75% at 1,643, according toCoinDesk Indices data, as nations in East Asia count down the last working days before the Lunar New Year holiday.\nOver the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.\nLast year, CLSA, a Hong Kong-based brokerage firm, predicted in a January note that 2023 will see market fluctuations, attributing a calmer outlook to the Year of the Rabbit while advising investors to venture beyond their comfort zones cautiously. And indeed, the market “hopped" back from its dismal 2022 performance, with bitcoin having jumped nearly 94% over the last year, with ether {{ETH}} rising 47%.\nAccording toananalysis by CoinDesk Indices, the CoinDesk Market Index outperformed the S&P 500 fivefold, largely thanks to bitcoin’s outperformance.\nWhile ether underperformed throughout 2023, according to market data, Daniel Wang, the co-founder and CEO of Taiko, a zero-knowledge roll-up platform, sees potential for ether’s price performance in 2024 in this “auspicious year full of positive energy.”\n“The Year of the Dragon opens new doors for Ethereum, especially with the anticipated impact of ETFs,” he said in an interview with CoinDesk. “Ethereum is on track to achieve lower gas fees and faster transactions with the long-awaited Dencun upgrade.”\nLucy Hu, a Senior Analyst at Metalpha, adds that bitcoin’s halving and taming inflation looks promising for prices.\n“Despite the crypto market currently experiencing a sell-the-news effect, the year of Dragon is on track to be one of the best performing as the inflation is now under control and the bitcoin halving event takes place later this year, which should boost the market confidence,” she wrote in a note. “We hope the fiery spirit of Dragon can lead the market to a new height that is never seen before.”\nOver on the traditional finance side, CLSAsaid in a recent reportthat they predict that equity markets in the city will roar back to life in the second half of the year.\nHowever, some market volatility is expected. “Traversing this market on the dragon’s back is anything **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $847,366,118,606 - Hash Rate: 585504349.682417 - Transaction Count: 281482.0 - Unique Addresses: 525379.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DENVER,Jan. 11, 2024/PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), announces its ongoing efforts to strengthen and expand itsBitcoinmining operations through the acquisition of additional mining units. As part of its strategic growth plan, Vortex Brands Co. is actively working to increase itsbitcoinmining hash power by acquiring additional machines. Vortex Brands Co. is dedicated to staying at the forefront of the rapidly evolvingcryptocurrencylandscape. By expanding itsBitcoinmining operations, the company aims to capitalize on the growing demand for digital assets and strengthen its foothold in thecryptocurrencymarket. The acquisition process is currently underway, and the company is diligently working to finalize the transaction. Vortex Brands Co. is committed to providing timely updates to its shareholders and the wider public regarding the progress of this strategic initiative. Once the acquisition is complete, Vortex Brands Co. will share further details, including the exact number of additional mining units acquired and their expected impact on the company'sBitcoinmining capabilities. This expansion is in line with Vortex Brands Co.'s vision of becoming a prominent player in thecryptocurrencyindustry, leveraging its expertise and resources to capitalize on the digital currency revolution. About Vortex Brands Co.:The Company operates as Technology Holdings Company that focuses oncryptocurrencysector, particularlyBitcoinMining. Additional information is available by visiting company's website atwww.vortexbrands.usor on twitter athttps://twitter.com/Vortexbrands. For additional assistance, journalists and analysts may contact Vortex Brands Co.'s media contact [email protected]. *Revenue related calculations.Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability,bitcoinmining difficulty,bitcoinmarket pricing and other unforeseen issues in deploying its mining rigs. You can view update information onBitcoinMining by visitinghttps://minerstat.com/coin/BTC Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website atwww.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release. View original content:https://www.prnewswire.com/news-releases/vortex-brands-co-continues-expansion-with-bitcoin-mining-unit-acquisition-302032826.html SOURCE Vortex Brands Co.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Crypto miners around the world used as much electricity as all of Australia in 2023, the EIA found.\n• In the US alone, crypto mining takes up 0.6% to 2.3% of the country\'s electricity demand — as much as states like Utah or West Virginia.\n• The EIA now wants some crypto miners in the US to report details about their energy use.\nIn 2023, crypto miners around the world used as much electricity as the entirety of Australia.\nThat\'s according toa new reportfrom the Energy Information Administration. In an analysis posted last week, the EIA said global electricity use in cryptocurrency mining accounts for 0.2% to 0.9% of global electricity demand.\nIn the US alone, crypto mining takes up 0.6% to 2.3% of the country\'s electricity demand. That\'s about the same as the state of Utah or West Virginia.\n"Mining" cryptocurrencies like bitcoin is essentially solving complex cryptographic puzzles to add new tokens to the blockchain. Those problems are solved on big, powerful computers — which explains why they gobble up a lot of electricity.\nThat the crypto industry uses a massive amount of power has been known for a while. In September last year, a New York Times analysis found that bitcoin mining uses7 times as much energyas Google uses in a year — about 91 terawatt-hours. And it\'sreceived a lot of flakfor it.\n"As cryptocurrency mining has increased in the United States, concerns have grown about the energy-intensive nature of the business and its effects on the U.S. electric power industry," the EIA report stated. "Concerns expressed to EIA include strains to the electricity grid during periods of peak demand, the potential for higher electricity prices, as well as effects on energy-related carbon dioxide (CO2) emissions."\nThe crypto mining industry also seems to be growing at a rapid clip in the US. According to calculations by the Cambridge Bitcoin Electricity Consumption Index, the share of bitcoin mining taking place in the country rose from 3.4% in January 2020 to 37.8% in January 2022. There are a total of about 137 mining facilities across 21 states in the US, the EIA found, with most of them clustered in Texas, Georgia, and New York.\nThe US government seems to want to take a closer look at the industry\'s energy use. An emergency request from the EIA to collect data from commercial crypto miners wasapproved last week.The survey will require "identified" facilities to report details about their energy use.\nRead the original article onBusiness Insider', 'Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest\'s YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There\'s now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin."\nWood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin\'s price surged 40% while the Regional Bank index imploded.\nA recent analysis by Fidelity showed that Bitcoin\'s correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been.\nARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.', 'Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest\'s YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There\'s now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin."\nWood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin\'s price surged 40% while the Regional Bank index imploded.\nA recent analysis by Fidelity showed that Bitcoin\'s correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been.\nARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.', '• US stocks slipped on Monday after strong economic data and new comments from Jerome Powell dashed hopes for a March interest rate cut.\n• The January ISM report showed a surge in manufacturing and services activity.\n• Fed Chairman Jerome Powelltold "60 Minutes" that "the job is not quite done" when it comes to inflation.\nUS stocks tumbled on Monday after strong economic data and new comments from Federal Reserve Chairman Jerome Powell dashed investor hopes for a March interest rate cut.\nThe January ISM report showed a surge in both manufacturing and services activity, which has been a leading indicator for the stock market and the economy alike. ISM manufacturing new orders rose more than five points and jumped above 50 for the first time since March 2022, according to the report.\nThe strong economic data,combined with the impressive January jobs report, should give the Fed more flexibility in the timing of its interest rate cuts.\nMeanwhile,Powell told "60 Minutes" in an interview that aired on Sundaythat the central bank\'s key task in reigning in inflation isn\'t finished. Powell said cutting interest rates too soon poses a risk because "the job is not quite done" in taming inflation.\n"The prudent thing to do is to, is to just give it some time and see that the data continue to confirm that inflation is moving down to 2% in a sustainable way," Powell said.\nThose comments dashed investor hopes of an interest rate cut at the Fed\'s March meeting, with the probability of a rate cut falling to 16.5% on Monday from nearly 50% last week, according to the CME Fed Watch Tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:4,942.81, down 0.16%\n• Dow Jones Industrial Average:38,380.12, down 0.71% (-274.30 points)\n• Nasdaq Composite:5,597.68, down 0.20%\nHere\'s what else happened today:\n• Chinese stocks dropped in a volatile session of tradesafter the China Securities Regulatory Commission said on Sunday it would prevent "abnormal market fluctuations."\n• Chinese investors aren\'t just worried about China\'s faltering economy— they\'re also fretting about Donald Trump\'s potential return to the White House, according to Goldman Sachs.\n• Jeff Bezos is just $8 billion away from overtaking Elon Muskto become the world\'s wealthiest person after the sharp decline in Tesla stock this year.\n• A "Goldilocks" scenario is looking more likely for the economy,and that could lead to a soaring stock market, according to UBS.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.73% to $72.81 a barrel.Brent crude, the international benchmark, rose 0.93% to $78.05 a barrel.\n• Golddeclined 0.58% to $2,041.60 per ounce.\n• The 10-year Treasury yield surged 14 basis points to 4.17%.\n• Bitcoindropped 0.69% to $42,409.06.\nRead the original article onBusiness Insider', 'TOKYO, JAPAN, Feb. 06, 2024 (GLOBE NEWSWIRE) -- THXNET. (https://thxnet.org/), part of THXLAB, a leading innovator in the blockchain and web3-as-a-Service technology space, is proud to announce its Silver Sponsorship at the TEAMZ WEB3/AI SUMMIT TOKYO 2024. This prestigious event, focusing on the synergy of WEB3 and AI, is scheduled for April 13-14, 2024, at the Toranomon Hills Forum in Tokyo.\nTHXNET. is set to showcase its latest advancements in Web3 technology, particularly its pioneering Hybrid Blockchain Infrastructure. This state-of-the-art platform is a testament to THXNET.\'s commitment to revolutionizing the blockchain space. The highlight of THXNET.\'s showcase will be the demonstration of how its blockchain can support AI players in integrating with Web3 aspects, paving the way for new possibilities in digital technology. Besides syncing the synergies between Web3 and AI, THXNET. will also showcase its cutting-edge tool, resources and service offerings to support enterprises and projects to transition into Web3 seamlessly through its Web3-as-a-Service (Web3-aaS) model.\nBy participating in this summit as a Silver Sponsor, THXNET. aims to share its insights and engage with other industry leaders in shaping the future of technology. This event is an ideal platform for THXNET. to demonstrate how its innovative solutions are contributing to the evolving landscape of digital innovation. THXNET. will showcase its latest products at their booth at the summit and keen to explore synergies and opportunities to embark on the Web3 journey with new potential partners.\n"We are thrilled to present our ground-breaking Hybrid Blockchain Infrastructure and Web3-as-a-Service tools at the TEAMZ WEB3/AI SUMMIT," said Aro Kondo, Co-Founder & CEO at THXNET. "Our technology is not just advancing blockchain infrastructure (Web3-aaS) but also creating new opportunities for AI integration in the Web3 ecosystem. Furthermore, our platform supports tech-engineers such as AI Devel **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $842,239,311,000 - Hash Rate: 638049611.833403 - Transaction Count: 278093.0 - Unique Addresses: 521338.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- With about 14% of Canadian mortgage holders set to renew their loans this year, the CEOs of the country’s big banks say they’re confident the resulting interest-rate hikes won’t crush customers or lead to a wave of defaults. Most Read from Bloomberg SEC’s X Account Hacked to Falsely Say Bitcoin ETF Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought US and Allies Met Secretly With Ukraine on Peace Plan Several bank chief executive officers suggested Tuesday that customers can expect to pay somewhere in the range of C$5,000 ($3,700) more per year on average, but said Canadians are sitting on savings, earning higher wages and ready to slash their discretionary spending to avoid giving up their homes. The executives, speaking at a conference in Toronto hosted by RBC Capital Markets, continued to strike a cautious tone on the Canadian economy and its prospects for a soft landing. But they also projected a decline in interest rates later this year, a factor that should work in the favor of the large majority of mortgage holders whose loans come up for renewal next year, in 2026 or after. Royal Bank of Canada CEO Dave McKay said he “fully expects” that interest rates “will come down significantly by 2025 and 2026.” But in the meantime, he said, the lender’s customers who’ve already faced renewals have been able to absorb higher monthly costs — a trend that should continue this year. For monthly payments in 2024, McKay said, “we expect roughly a C$400 payment increase to the average mortgage holder in Canada.” That’s about the same as what borrowers saw last year when they renewed, and they’ve so far been able to handle the hikes “very well,” he said. Read More: Payment Shock Coming for Most Canadians With Mortgages, RBC Says Bank of Nova Scotia CEO Scott Thomson said he expects his clients to see increases of C$400 to C$500 a month, while his counterpart at Canadian Imperial Bank of Commerce, Victor Dodig, said the hikes could be C$300 to C$700. Story continues “I always like to remind everyone that clients do the calculation of keeping their home even though mortgage payments would increase on a monthly basis,” Dodig said, noting that legal fees and moving costs associated with selling a C$1 million home could be in the range of C$50,000 to C$60,000. Canadian mortgages are typically signed for five-year terms. Next year, an average of about 24% of home loans with the country’s biggest banks will be up for renewal, according to available disclosures from the firms’ most recent quarterly reports, which don’t include figures from Toronto-Dominion Bank and National Bank of Canada. In 2026, an average of about 35% of mortgages will be up for renewal, then about 22% the following year. By that time, interest rates could have fallen significantly. “One of the things that we’re certainly encountering now is a far, far lower level of concern with these mortgage renewals that are coming up, since the forward curve is implying that that rates are gonna go down,” RBC Capital Markets analyst Darko Mihelic said during his conversation with the Toronto-Dominion CEO Bharat Masrani. Several of the CEOs offered forecasts on when the Bank of Canada and US Federal Reserve are likely to begin lowering interest rates and by how much. In general, they suggested rates could begin to fall around the middle of the year. Scotiabank’s Thomson said rates should come down by 75 basis points this year, while Bank of Montreal CEO Darryl White forecast a 100-basis-point drop. McKay said he expects a decline of 200 basis points by the end of 2025. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Elon Musk’s Alleged Drug Use Comes Under a Microscope Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Is There Any Hope for Hollywood? Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Johann9444', 'Can anyone relate?', 32, '2024-02-06 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/', 'I’ve been in BTC for quite a while now and have found it excruciatingly hard to spend any money on purchases that aren’t BTC. I rarely go on vacation, eat at restaurants, do legitimately anything that would take away from my potential DCA. I’ve taken it to the point of an extreme, to where one of my New Year’s resolutions was to spend more money. Every time I hit a stacking goal I just increase the goal further, enough is never enough when I know what this asset is. I haven’t bought any other non-BTC related asset for close to 3 years. Can anyone relate?', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/', '1ajultg', [['u/mrjune2040', 40, '2024-02-06 00:16', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/kp3jzxn/', 'Remember to enjoy life. It’s short.', '1ajultg'], ['u/anotherquery', 13, '2024-02-06 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/kp3kwg6/', "Hard money is here to make your life more free; if it's not doing that, then you're going about things wrong.", '1ajultg'], ['u/Optimal_Pangolin_922', 20, '2024-02-06 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/kp3ldkk/', 'This is like a gambling addiction in reverse. The whole point of money is to enjoy life, the idea that you are feeling like this, you need to stop, smell the roses, take a vacay.\n\nYou could wake up with cancer of the dick tomorrow bro.\n\nLife is short. \n\nNoone on their deathbed ever said i wish I had more bitcoin.', '1ajultg'], ['u/Scarf_Darmanitan', 26, '2024-02-06 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/kp3qs8j/', 'These years are also the youngest you’ll ever be again. Don’t spend them stressing\n\nYou can’t buy time with all the Bitcoin in the word', '1ajultg'], ['u/Jwelz90', 24, '2024-02-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1ajultg/can_anyone_relate/kp44gb5/', "This guy gets it. \n\nAs a man who ended up in acoma for 4 months at age 32 in 2022, I couldn't agree more. Completely changed my perspective. NOTHING in this world is as valuable as TIME.", '1ajultg']]], ['u/TrackingTechnicals', 'Did this guy ever get his btc? "Man who threw away £150m in bitcoin hopes AI and robot dogs will get it back"', 49, '2024-02-06 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/', 'There was an article over a year ago about a guy having 200mil in btc he threw away and has been searching the dump for awhile, did he ever find it??', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/', '1ajvr5d', [['u/desmond_koh', 18, '2024-02-06 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp3snvh/', "His name is\xa0James Howells and no, I don't think he has found it yet. At least not as recently as 2021.\n\n\nhttps://www.cnn.com/2021/01/15/uk/bitcoin-trash-landfill-gbr-scli-intl/index.html", '1ajvr5d'], ['u/International-Map-66', 13, '2024-02-06 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp3tnv4/', 'This story is nuts. I couldn’t even imagine the scale of fomo', '1ajvr5d'], ['u/Optimal_Pangolin_922', 41, '2024-02-06 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp3xmxn/', "He didn't find his fortune, but he found something even more valuable!\n\nold cans, broken phones, broken glass, medical waste, piss jugs, you name it!\n\nthe dump is full of treasures. \n\nWho needs money when you get to play in garbage at the outskirts of the dump!", '1ajvr5d'], ['u/Puzzleheaded-Room657', 43, '2024-02-06 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp420pi/', 'No and the Bitcoin is likely lost forever. Thank you Mr. Englishman for your donation to the community', '1ajvr5d'], ['u/mastermilian', 13, '2024-02-06 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp43nu2/', 'I saw a report even more recent than that where he had assembled a legal and technical team to try dig it up. Short answer is that the council will never allow it and the likelihood of recovery of the drive and then its data is very low.', '1ajvr5d'], ['u/CounterAdmirable4218', 12, '2024-02-06 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp4n8n8/', 'Newport is in Wales.', '1ajvr5d'], ['u/snacktoshi', 12, '2024-02-06 08:58', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp5g6n8/', 'I give the chances of recovery a higher percentage if the hard drive is found. Really he only requires the metal platter, all other HDD components can be rusted or broken and the data would still be there on the platter. High strength magnets that would erase the magnetic storage are not in use at that particular dump. Also, he doesn’t need to retrieve all the data on the HDD, he just needs wallet.dat which is a tiny file. I’d give it a 85 percent chance of recovery if the HDD was found, but only a 40% chance of finding the HDD, and a 5% chance that the council approves a search.', '1ajvr5d'], ['u/Afkbio', 10, '2024-02-06 12:57', 'https://www.reddit.com/r/Bitcoin/comments/1ajvr5d/did_this_guy_ever_get_his_btc_man_who_threw_away/kp5zr4f/', 'At this point he should just run for mayor', '1ajvr5d']]], ['u/consistentskey', '125 people have signed up for the new Cultivate Crypto course 🤔 this is how much FnF made 👇', 46, '2024-02-06 02:26', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/', 'Course is $1000\n\n125 x $1000 = $125k\n\nThe affiliate split is probably 50/50.\n\nSo FnF have made $62.5k in 1 week from affiliating for the course.\n\nDecent money but nothing crazy.\n\nAlso it’s crazy how Myron says ‘if you joined the course you would’ve doubled your money’\n\nThat’s hilarious cos you don’t need a $1000 course to tell you to buy BTC and ETH.\n\nWhat about all the other coins that Charlie and Miguel have promoted that have FLOPPED?\n\nHEX for example is in the mud right now.\n\nWasn’t the fat Mexican pushing HEX hard and even called himself a Hexican? 🤣', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/', '1ajxo1f', [['u/Re-Construction123', 45, '2024-02-06 02:33', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp45svw/', 'Don’t forget that that 25% of the 50/50 affiliate split is going to Walter. Walter’s the true finesser in all this.', '1ajxo1f'], ['u/LocoRayRay', 10, '2024-02-06 02:34', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp45yas/', 'Technically this is a sponsorship and they didn’t disclose it, wouldn’t that be against YouTube Terms of service', '1ajxo1f'], ['u/LocoRayRay', 10, '2024-02-06 02:35', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp464pv/', '*Going to Escorts gifts', '1ajxo1f'], ['u/consistentskey', 56, '2024-02-06 02:39', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp46t3d/', 'Fresh taking that 30k and going straight to Van Cleef to buy an escort a bracelet 🤣', '1ajxo1f'], ['u/Mr_Chad_Thunderpenis', 26, '2024-02-06 02:49', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp48bd1/', 'HEX was a scam, only fools fell for it.\n\nAlso, 62.5k in a week is not a bad amount of money. Most people make less than than in a year.\n\nCrypto is generally a scam. Only BTC and ETH are the ones that really took off. Everything else should be avoided.', '1ajxo1f'], ['u/LocoRayRay', 10, '2024-02-06 02:50', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp48i3u/', 'I hate that they barley bring on anyone who does not sell a course, kinda ruins the people who come ons credibility', '1ajxo1f'], ['u/projectimbili', 10, '2024-02-06 04:46', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp4pt23/', 'Walter donating $30k to the Chinese economy', '1ajxo1f'], ['u/OGsunglasses', 10, '2024-02-06 05:00', 'https://www.reddit.com/r/LengfOrGirf/comments/1ajxo1f/125_people_have_signed_up_for_the_new_cultivate/kp4ro3v/', '125 retards', '1ajxo1f']]], ['u/MirrorNo2811', '31M - am I making the right decisions with investments?', 25, '2024-02-06 02:53', 'https://www.reddit.com/r/Fire/comments/1ajy96j/31m_am_i_making_the_right_decisions_with/', "I am 31 and earn about $200k per year at the moment. \nWhat would you change from the below to be more likely successful? Here is a breakdown of everything I own: \n\\- Taxable Brokerage Account - $254k (mostly VOO and some other US Stocks) \n\\- 401k - $135k (Mostly S&P 500 and International) \n\\- Roth IRA - $141k (Mostly VTI, VXUS) \n\\- Traditional IRA - $13k (from rollover 401k) \n\\- Savings - $114k \n\\- Crypto - $25k (Mostly BTC, ETH, and SOL) \n\\- House Equity - $105k ($395k left to pay) - I know this might be unpopular in this community \n\\- Unvested RSUs - $148k ($60k vests around June and another $50k in December - if I don't get laid off) \n\\- HSA - $10k \nI am maxing out my 401k and also contributing 10% to after tax each paycheck for a mega backdoor Roth contribution. \nIs there something you think I should change here (other than buying the house), and am I setting myself up for success?", 'https://www.reddit.com/r/Fire/comments/1ajy96j/31m_am_i_making_the_r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In this article, we will list the 15best Bitcoin wallets for iPhone and Android. If you want to skip our detailed discussion on cryptocurrency and its surrounding news, go to the5 Best Bitcoin Wallets for iPhone and Android.\nLast year,cryptocurrencytraders got much-needed relief when Gray Scale Investments won a legal battle in which the court ruled that the SEC should not have rejected its application to convert its Bitcoin trust into a spot Bitcoin ETF. A spot Bitcoin ETF gives investors exposure to Bitcoin, the world\'s largest cryptocurrency, without having to own it. 2023 was a good year for cryptocurrencies as blue chip stocks, Bitcoin, and Ethereum, delivered a return of 155% and 90%, respectively. Meanwhile, the price of the top 100 by market cap crypto coinsincreasedby 9600% during the year.\nThe recent surge in cryptocurrencies came after BlackRock, Inc. (NYSE:BLK), the world\'s largest asset manager with assets worth over $9 trillion, filed for spot Bitcoin ETF. It is worth noting that the company\'s ETF business has an excellent reputation in the market. Here is what Oakmark Funds, advised by Harris Associates, said about BlackRock, Inc. (NYSE:BLK)\'s ETF business in its fourth quarter, 2023investor letter:\n"We purchased shares in BlackRock, Inc. (NYSE:BLK), the largest asset manager in the investment industry, when its stock sold off on fears that higher interest rates would hurt global economic activity. BlackRock’s ETF business, iShares, outgrows competitors due to its strong brand and breadth of product offerings. BlackRock’s active management business also outgrows most other managers due to its dominance in fixed income and leadership in multi-asset, sustainable investing and alternative assets. We expect BlackRock’s total revenue to grow in the high-single digits and earnings per share to grow faster than revenue. We were pleased to add this above-market grower at a below-market multiple of earnings."\nThe decision by BlackRock, Inc. (NYSE:BLK) to file for spotBitcoinETF sent shockwaves throughout the industry, and other major investment companies such as Fidelity, Invesco, and WisdomTree followed suit. It was a historic moment for cryptocurrencies because the CEO of the world\'s leading investment management company, Larry Frank, dismissed it as little more than an index for global laundering in 2018. This change of heart by BlackRock, Inc. (NYSE:BLK) seems to legitimize Bitcoin in the minds of traditional investors and propelled the currency past $42,000, a historical high since 2021.\nCircling back to the initial rejection of the SEC, the agency denied all spot Bitcoin applications on the grounds that the applicants were not able to show that they could protect investors from market manipulation. However, following the decision by the court, the SEC approved spot Bitcoin ETF, making the cryptocurrency more accessible to the average investor. Spot Bitcoin ETFs are now available on several traditional platforms. These are also tradeable on exchanges such as the New York Stock Exchange and NASDAQ.\nMany crypto analysts had already predicted the year 2024 and beyond as rebound years for cryptocurrencies. An analyst who is quite famous on X (formerly Twitter), and is known by their pseudo name TechDev, predicted in 2023 that Bitcoin could potentially reach a price range of $100,000 to 140,000 by or before 2025. Meanwhile, Standchartered predicted in 2023 that Bitcoin could reach $50,000 by the end of that year and $120,000 by the end of 2024. However, it is essential to note that some analysts were not as hopeful at the start of 2023. Mike McGlone, chief commodity specialist at Bloomberg Intelligence predicted in 2023 that the rising interest rates would take a toll on the currency as it could fall aslowas $10,000.\nOne of the greatest concerns regarding cryptocurrency is its ability to make a dent in the actual economy. Naysayers question its ability to be used to purchase anything online or in brick-and-mortar stores. However, much of that might change in the future. We already saw in ourbest cryptocurrency exchangepiece how gaming could be the answer to this question, where people use cryptocurrencies and nonfungible tokens to buy and sell items. In addition, it is becoming easier to convert crypto into fiat currencies. Visa, Inc. (NYSE:V) has recently partnered with Transak to enable instant crypto-to-fiat conversions.\nThis collaboration will allow people in 145 countries to sell their crypto to fiat instantly, which can then be used to purchase items in the real world. This converted fund will have direct access to the capabilities of Visa, Inc. (NYSE:V)\'s Visa Direct. The collaboration between Transak and Visa, Inc. (NYSE:V) is a pivotal point in cryptocurrency history as both parties have an extensive network. Tansak\'s infrastructure is used by over 250 crypto wallets, including MetaMask, Trust Wallet, and Ledger, all of which are part of our15 Best Bitcoin Wallets for iPhone and Android list.\nWith that backdrop, let\'s look at the 15 best Bitcoin Wallets for iPhone and Android.\nA man holding a phone and gesturing to a sign in a physical store that reads \'now accepting Bitcoin\'.\nTo curate our list of the best Bitcoin wallets for iPhone and Android, we cast a wide net and used seven sources (1,2,3,4,5,6,7). Each time a wallet appeared in one of our sources, it was awarded one point. Then, for each wallet, we summed up the points to arrive at the Insider Monkey Score. The higher this score, the higher the wallet ranks on our list. As a tie-breaker, we used the ranking of these crypto wallets in our sources in sequential order from source 1 to source 7.\nBy the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional looking for the best stocks to buy you can benefit from the wisdom of hedge funds and corporate insiders.\nInsider Monkey Score - 1\nVenly is one of thebest Bitcoin Wallets for iPhone and Android. The wallet offers powerful tools such as mining for complete asset management. The wallet ranges from free to enterprise version categories and is suitable for all users. One thing to note about this wallet is that it supports a limited number of cryptocurrencies.\nInsider Monkey Score - 1\nWasabi is 14th on our list of the15 best Bitcoin wallets for iPhone and Android. It is an open-source and non-custodial wallet, designed to enhance the privacy and security of Bitcoin transactions. It is easy to use and provides its users with complete control over private and public keys. However, it should be noted, that the wallet is designed specifically for Bitcoin and does not support any other cryptocurrency.\nInsider Monkey Score - 1\nCobo is amulti-cryptocurrency walletthat comes with a range of features. It has customizable transaction fees, multi-coin enhancement products, and multiple security verifications. However, this wallet is particularly geared towards institutions and serious cryptocurrency investors. The platform charges a 4.5% to 5.5% fee when using a card for in-app purchases.\nInsider Monkey Score - 1\nBitGo is one of thebest Bitcoin wallets for iPhone and Android. It offers a secure and scalable wallet solution for all cryptocurrencies, including Bitcoin. The company is known to pioneer multi-signature wallets, and this wallet is one of the safest options out there. In addition, users praise the wallet for its elegant and easy-to-use user interface.\nInsider Monkey Score - 1\nCEX.IO offers a number of notable features, including a regulated platform license, support for a large number of cryptocurrencies, and top-tier security features such as multi-signature security. The wallet has a strong focus on security and boasts to have never lost any of its user\'s funds since its launch in 2013. In addition, it has relatively low trading fees. The fees are based on 30-day trade value and are calculated daily. The highest trading fee by CEX.IO is 0.25% for takers and 0.15% for makers if the value of a cryptocurrency is less than $10,000.\nInsider Monkey Score - 1\nBlueWallet is one of thebest Bitcoin wallets for iPhone and Android. It is a Bitcoin-only wallet and offers simple and intuitive mobile apps for users. The wallet supports on-chain lighting network transactions. It is available in more than 20 languages, and users praise it for its ease of use. BlueWallet is one of the mostcost-effective crypto wallets for Bitcoinbecause it does not charge fees directly for executing regular on-chain transactions.\nInsider Monkey Score - 2\nGuarda Wallet is a multi-cryptocurrency wallet that supports over 10,000 crypto-currencies. This wallet is available on mobile phones (Android and iPhones) and on desktops as well. The wallet also features 14 stackable crypto assets and in-app crypto purchases. It does not charge any additional fees for sending funds between addresses on the blockchain, however, the users need to cover the network commission.\nInsider Monkey Score - 2\nZengo is one of thebest Bitcoin wallets for iPhone and Android. It is a non-custodial cryptocurrency wallet, which means that the user gets exclusive control of the private keys. The app features a unique facial biometric system, which results in secure access. In addition, it also utilizes the multi-party computation model, which leads to enhanced security. The wallet charges a 0.75% trading fee in cryptocurrency and a processing fee running from 5.69% to 6.99% for buying crypto with a credit card. A paid version of the wallet is also available, which offers premium features such as legacy transfer.\nInsider Monkey Score **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $846,255,289,894 - Hash Rate: 600517281.7255559 - Transaction Count: 427538.0 - Unique Addresses: 640781.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.62 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Nasdaq Inc. is throwing its weight behind technology that protects against financial crime as the demand to stop sophisticated, bad actors rises, according to Chief Executive Officer Adena Friedman. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Google Lays Off Hundreds in Hardware, Voice Assistant Teams Amazon’s Twitch to Cut 500 Employees, About 35% of Staff SEC Says FBI Is Investigating Compromise of Agency’s X Account These Are the World’s Most Powerful Passports in 2024 “We are investing in the technology in a very significant way,” Friedman said Wednesday at the Consumer Technology Association conference in Las Vegas. The anti-financial crime business is also Nasdaq’s fastest-growing, up roughly 20% year-over-year, she said. Nasdaq is enhancing its anti-crime offerings using artificial intelligence, which can predict and speed up the process of identifying criminal behavior, and rooting out bad actors in the industry, she said. The firm is working with banks, other exchanges and brokerage firms that can use the software to eliminate threats. “This is just the next leg of our growth,” said Friedman, 54. Since become CEO in 2017, Friedman has helped Nasdaq evolve beyond its roots as an exchange. Over time, it has shifted its resources into offerings with more predictable revenue streams as opposed to relying solely on income from trading and market volatility. Last year, it completed its largest acquisition ever, buying software provider Adenza for $10.5 billion to help transform the trading and markets firm into a fully fledged financial-services company. Read More: Nasdaq Leans Into Tech in Quest to Become More Than an Exchange Friedman also discussed the Securities and Exchange Commission’s approval Wednesday of spot Bitcoin ETF’s. Nasdaq is among a number of exchanges that filed to list the new product on their venue. The ETF offering is regulated and liquid, which provides more access to Bitcoin without directly owning it, she said. Story continues “It opens the door for more accessibility for that particular asset class,” Friedman said. More broadly across capital markets, Friedman said she expects to see a “more vibrant” backdrop for initial public offerings in 2024. “We’re cautiously optimistic,” she said. Last year, in a muted year for dealmaking, Nasdaq beat out the New York Stock Exchange for the most listings. Friedman said activity could pick up, even as the cost of capital remains high. “There are some great companies looking to get out,” including in the biotechnology sector, she said. AI may also come into play, with some companies demonstrating how they’re leveraging the technology, using it as a way to differentiate their businesses. The number of public offerings coming to market will also depend on the economic environment. “A lot of the economic unknowns are more known,” with inflation coming down and rates potentially falling over time, Friedman said in a separate interview with Bloomberg Television. “Investors feel more ready to put more capital to work this year.” (Updates with CEO comments from television interview in final paragraph.) Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Elon Musk’s Alleged Drug Use Comes Under a Microscope Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['ARK Invest and 21 Shares updated theirether exchange-traded fundfiling to include language that puts the proposed fund closer in alignment with recently approved spot bitcoin funds, a day after the Securities and Exchange Commission delayed its decision on Invesco and Galaxy’s joint ether filing.\nThe price of ether, the cryptocurrency used on the Ethereum blockchain platform, jumped 2.4% today, according to Coindesk, and has gained 5.7% this year.\nThe Arkfilingadds detail on cash redemption, a detail that was ironed out in spot bitcoin applications before those ETFs were approved Jan. 10. It also has fresh details on so-called staking, a security measure where individuals validate transactions on the blockchain and lock up some of their crypto as part of that process.\nRegarding the Invesco delay, the agency said in afilingposted to its website Feb. 6 that it was taking more time to review the Invesco Galaxy Ethereum ETF, which would offer investors direct exposure to the second largestcryptocurrency, ethereum, in an ETF.\xa0The SEC also said it’s seeking public comment on key regulatory issues.\n“The current administration’s SEC has taken a really broad view of which crypto tokens ought to be securities” Marc D’Annunzio, general counsel at crypto trading and custody firm Bakkt, said on a recent episode ofTalk ETFs.\xa0“Until that fundamental issue is resolved, I think that will slow the approval of a spot ETF for ethereum and other tokens that the commission [believes] could potentially be securities.”\nThe agency last delayed Invesco’s application in December. They previously delayed Grayscale and BlackRock’s version of the spot ether ETF in January. The agency must make a final decision May 23, which is the last day the agency can decide to approve or disapprove VanEck’s spot ether fund.\nWhile the SEC allows ETFs that offer investors exposure to ethereum futures contracts, approving a spot product that is directly backed by the cryptocurrency is new territory with a raft of regulatory considerations,according toindustry executives and analysts. The agency only recent allowed ETF issuers to launch spot bitcoin ETFs a decade after the first firm applied for one in a highly anticipated regulatory saga. Since then, the spot bitcoin ETFs have seen a historic launch—bringing in over $7 billion in investor money.\nIn the delay document, the SEC presented a set of questions that it asked public commenters to address, many of which were related to market manipulation and fraud. For example: “Do commenters agree that arguments to support the listing of Bitcoin ETPs apply equally to the Shares?\nThe comment period is 21 days, according to the filing.\nWhile bitcoin is the largest cryptocurrency, many in the industryarguethat ether has a distinct set of use cases that would make the cryptocurrency particularly useful to financial advisors.\nA key roadblock to approving the vehicles is whether the agency considers ethereum to be a security, commodity, or something else entirely— a designation the SEC has so far avoided making officially.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "527.94", "AUM ($, mm)": "47,155.62", "AUM % Change": "1.12%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "397.55", "AUM ($, mm)": "12,117.76", "AUM % Change": "3.28%"}, {"Ticker": "JGLO", "Name": "JPMorgan Global Select Equity ETF", "Net Flows ($, mm)": "325.14", "AUM ($, mm)": "1,923.75", "AUM % Change": "16.90%"}, {"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "210.29", "AUM ($, mm)": "31,191.15", "AUM % Change": "0.67%"}, {"Ticker": "MDY", "Name": "SPDR S&P Midcap 400 ETF Trust", "Net Flows ($, mm)": "199.84", "AUM ($, mm)": "19,929.48", "AUM % Change": "1.00%"}, {"Ticker": "GSLC", "Name": "Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF", "Net Flows ($, mm)": "185.33", "AUM ($, mm)": "12,026.93", "AUM % Change": "1.54%"}, {"Ticker": "XRT", "Name": "SPDR S&P Retail ETF", "Net Flows ($, mm)": "153.26", "AUM ($, mm)": "414.52", "AUM % Change": "36.97%"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "142.25", "AUM ($, mm)": "121,651.04", "AUM % Change": "0.12%"}, {"Ticker": "EPI", "Name": "WisdomTree India Earnings Fund", "Net Flows ($, mm)": "138.06", "AUM ($, mm)": "2,485.12", "AUM % Change": "5.56%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "137.34", "AUM ($, mm)": "3,212.89", "AUM % Change": "4.27%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-1,593.09", "AUM ($, mm)": "33,812.59", "AUM % Change": "-4.71%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,414.30", "AUM ($, mm)": "243,473.47", "AUM % Change": "-0.58%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,034.89", "AUM ($, mm)": "480,845.04", "AUM % Change": "-0.22%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-787.07", "AUM ($, mm)": "58,473.55", "AUM % Change": "-1.35%"}, {"Ticker": "ACWI", "Name": "iShares MSCI ACWI ETF", "Net Flows ($, mm)": "-413.53", "AUM ($, mm)": "18,381.41", "AUM % Change": "-2.25%"}, {"Ticker": "MUB", "Name": "iShares National Muni Bond ETF", "Net Flows ($, mm)": "-408.78", "AUM ($, mm)": "37,026.70", "AUM % Change": "-1.10%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-391.15", "AUM ($, mm)": "18,077.39", "AUM % Change": "-2.16%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "-320.38", "AUM ($, mm)": "3,391.80", "AUM % Change": "-9.45%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-261.70", "AUM ($, mm)": "54,976.70", "AUM % Change": "-0.48%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-211.06", "AUM ($, mm)": "32,538.55", "AUM % Change": "-0.65%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "32.57", "AUM ($, mm)": "6,831.08", "% of AUM": "0.48%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-8.39", "AUM ($, mm)": "16,944.60", "% of AUM": "-0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "-180.98", "AUM ($, mm)": "124,566.18", "% of AUM": "-0.15%"}, {"": "Currency", "Net Flows ($, mm)": "68.10", "AUM ($, mm)": "31,397.22", "% of AUM": "0.22%"}, {"": "International Equity", "Net Flows ($, mm)": "221.67", "AUM ($, mm)": "1,357,702.28", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-25.42", "AUM ($, mm)": "172,204.90", "% of AUM": "-0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "-49.46", "AUM ($, mm)": "13,992.23", "% of AUM": "-0.35%"}, {"": "Leveraged", "Net Flows ($, mm)": "69.51", "AUM ($, mm)": "85,869.92", "% of AUM": "0.08%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-2,152.17", "AUM ($, mm)": "5,071,324.40", "% of AUM": "-0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-1,755.83", "AUM ($, mm)": "1,359,917.98", "% of AUM": "-0.13%"}, {"": "Total:", "Net Flows ($, mm)": "-3,780.41", "AUM ($, mm)": "8,240,750.80", "% of AUM": "-0.05%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs).\nAs many as 11 spot bitcoin ETFs were launched last month. Following the news, the price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47,893.70. However, Bitcoin’s price has fallen sharply since then.\nOn Jan 22, Bitcoin traded lower by nearly 3%, hitting its lowest level of $39,854.61 since December 2023. Nevertheless, bitcoin regained some lost glory in the last seven trading days as its price rose 6%.\nBitcoin continues to hold a lot of potential. The SEC’s latest decision is likely to turn out to be a landmark, positioning the entire crypto space as an integral component of mainstream finance. The game-changing decision of the SEC will allow individuals, money managers and other financial institutions to get exposure to the world’s largest cryptocurrency without having to own it.\nMoreover, the next Bitcoin halving will occur in the first half of 2024. When a halving occurs, the reward for mining new blocks is halved, making it more challenging for miners to earn net Bitcoins. Historically, this event has led to increased scarcity and has driven up the value of Bitcoin due to reduced supply.\nNVIDIA Corp.NVDA is a semiconductor industry giant and one of the biggest success stories of 2023. As a leading designer of graphic processing units (GPUs), the NVDA stock usually soars on a booming crypto market. This is because GPUs are pivotal to data centers, artificial intelligence, and the creation of crypto assets.\nNVIDIA’s expected earnings growth rate for the current year is 63.1% (ending January 2025). The Zacks Consensus Estimate for its current-year earnings has improved 1.8% over the last 30 days. NVDA currently carries a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nCME Group Inc.’s CME options give the buyer of the call/put the right to buy/sell cryptocurrency futures contracts at a specific price at some future date. CME offers Bitcoin and ether options based on the 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: 2024-02-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $888,058,133,250 - Hash Rate: 517946155.488292 - Transaction Count: 285101.0 - Unique Addresses: 547079.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Morgan Stanley is close to an agreement to pay $200 million to $300 million to resolve a yearslong US investigation into its employees’ handling of stock sales big enough to move markets, a probe that rattled major clients and reverberated across the industry. Most Read from Bloomberg Google Lays Off Hundreds in Hardware, Assistant, Engineering SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough UK’s Sunak Authorizes Joint Military Strikes With US Against Houthis Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars These Are the World’s Most Powerful Passports in 2024 The pact with federal prosecutors in Manhattan and the Securities and Exchange Commission could be announced in the coming days, according to people with knowledge of the situation. The penalty will be divvied up between the Justice Department and the SEC and won’t include any criminal charges against the bank, according to the people, who asked not to be identified discussing confidential information. That outcome would amount to less than investors’ worst fears in a probe that has hung over one of the bank’s prized units. Morgan Stanley disclosed in May that it was in talks with federal prosecutors and regulators to resolve the issue. The deal has yet to be finalized, one of the people said. Representatives for the DOJ, SEC and Morgan Stanley declined to comment. James Gorman, who handed off the chief executive officer role to Ted Pick this month, said in October that he wanted to leave his successor “as clean a slate as possible, and deal with a few of our outstanding issues in the next couple of months.” The investigation into highly sensitive block trades — in which banks typically help clients buy or sell chunks of stock large enough to move prices — has focused in part on whether employees shared or misused information about impending transactions in ways that broke securities laws, people familiar with the matter have said. Regulators have also been examining whether Morgan Stanley, which is set to report fourth-quarter results next week, had adequate internal controls to head off potential abuses. Story continues The firm has also said it faces potential civil liability from allegations it caused stock prices to drop before completing a block trade. As the probe advanced, the New York-based company put on leave and subsequently discharged the head of its US equity syndicate desk, Pawan Passi, and an underling. Passi led the bank’s communications with investors for equity transactions. Bloomberg News has previously reported that the Justice Department sought communications involving more than a dozen professionals at Wall Street firms, including at Morgan Stanley and some of its key clients. It’s unclear what penalties, if any, will be levied against individuals whose conduct was closely scrutinized during the probe. So far, authorities haven’t accused anyone of wrongdoing. Read More: Morgan Stanley Says Trading Probes Focus on Information Sharing The investigation has been closely watched on Wall Street. Company founders and other major stakeholders rely on bankers to discreetly unload blocks of stock without sending prices into a tailspin. The banks, in turn, often work with hedge funds willing to take the risk of acquiring large amounts of equities on short notice. Read More: How Block Trades Work and Why They Arouse Suspicions: QuickTake --With assistance from Lydia Beyoud. Most Read from Bloomberg Businessweek How AI Replaced the Metaverse as Zuckerberg’s Top Priority Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Kim Kardashian’s Skims Isn’t the Only Celebrity Brand to Watch ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Top-Yogurtcloset-15', 'cashing out .5 btc', 71, '2024-02-08 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/', 'i have almost $25,000 in btc that i’m looking to withdraw from a gambling site, and i’m hoping to avoid only platforms (like venmo for instance, as they are currently holding almost $8,000 of my btc hostage and have been for several days now). are there any secure, brick and mortar places that could facilitate a sale for cash? or any attorney or transaction specialists that could handle such a thing? i’m not looking for p2p because it’s too sketchy. let me know please.', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/', '1algmno', [['u/SmoothGoing', 72, '2024-02-08 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpekyat/', "Get that BTC out and into your own independent wallet. Until you do that, you don't have it. And if it gets held up hostage again, where to sell it will be moot. Come back when you have custody of it.", '1algmno'], ['u/watchingbigbrother63', 11, '2024-02-08 00:14', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpelc5l/', 'I use a gambling (poker) site where the players who want cash just sell their chips to other players and they send $$ via CashApp or Paypal, etc .. You can sell it off in pieces. We have a Facebook where anyone buying or selling just posts and people trade.', '1algmno'], ['u/SmoothGoing', 27, '2024-02-08 00:15', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpeli5b/', "You're going to have to climb the learning curb. https://old.reddit.com/r/Bitcoin/comments/16bm9de/bitcoin_newcomers_faq_please_read/\n\nYour coins are probably 8% secure in that gambling site. So no, you can't get 1000% or even 100% security, but it can certainly be improved using your own wallet, following all security and backup recommendations.", '1algmno'], ['u/marty1234512345', 17, '2024-02-08 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpez8b3/', 'Cool. Send me your Bitcoin and I promise I’ll Zelle you fiat. You first.', '1algmno'], ['u/Dettol-tasting-menu', 24, '2024-02-08 04:31', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpfp2oq/', 'You keep half a bitcoin in a gambling site?!', '1algmno'], ['u/CapableHair429', 20, '2024-02-08 04:57', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpfsk66/', 'For the love of god…do NOT send those coins to any exchange or exchange wallet (as others have suggested). Any reputable exchange (like Coinbase) will seize those coins just because they come from a gambling site. Read the ToS.\n\nBest bet is to send them directly to a cold storage wallet (hardware wallet) if you have one. Next best option is to send to a hot wallet (software wallet) which has NO connection to any exchange.', '1algmno'], ['u/CapableHair429', 11, '2024-02-08 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpft8ev/', 'Coinbase will seize coins coming from gambling sites and ban account. Read the ToS [here](https://www.coinbase.com/legal/prohibited_use).\n\nDo NOT do this', '1algmno'], ['u/G0DL33', 17, '2024-02-08 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpfyie1/', "Nothing is 1000% secure. How do you have this much BTC yet don't know how to create a wallet?", '1algmno'], ['u/rsa121717', 15, '2024-02-08 07:38', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpga721/', 'Youd be surprised the numbers people casually play with', '1algmno'], ['u/ListenToKyuss', 10, '2024-02-08 11:37', 'https://www.reddit.com/r/Bitcoin/comments/1algmno/cashing_out_5_btc/kpgtmch/', "Gamblin'", '1algmno']]], ['u/jam-hay', 'Any opinions on why LTC might be currently down 32% when Bitcoin is up 92% on the yearly?', 15, '2024-02-08 00:34', 'https://www.reddit.com/r/LitecoinMarkets/comments/1alh8or/any_opinions_on_why_ltc_might_be_currently_down/', "The major reason I can see is obviously ETF approval however typically a rise in BTC has seen all boats rise which hasn't been the case for LTC in the past year. \n\nAny suggestions?\n\nThanks 👍", 'https://www.reddit.com/r/LitecoinMarkets/comments/1alh8or/any_opinions_on_why_ltc_might_be_currently_down/', '1alh8or', [['u/alexmoose454', 13, '2024-02-08 05:15', 'https://www.reddit.com/r/LitecoinMarkets/comments/1alh8or/any_opinions_on_why_ltc_might_be_currently_down/kpfuwtk/', 'It’s 2024 and you’re still buying LTC.', '1alh8or'], ['u/ElectricFleshPuppet', 10, '2024-02-08 06:07', 'https://www.reddit.com/r/LitecoinMarkets/comments/1alh8or/any_opinions_on_why_ltc_might_be_currently_down/kpg0xmc/', 'Because I own it', '1alh8or']]], ['u/void-crus', "It's finally over. US Earn over $5K. Recovery: 55%", 64, '2024-02-08 00:45', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/', 'Just completed the distribution with Paypal and posting numbers so others can compare.\n\nUS based. Claim amount (balance on 6/15/22): \\~$18,283. It was mostly BTC/ETH with some altcoins.\n\nBoth claim codes worked in Paypal from the first time and crypto arrived within 10 minutes.\n\nETH distribution: 1.8907 ETH \\~$4,581\n\nBTC distribution: 0.126523 BTC \\~$5,590\n\n**Total recovery: $10,171 or 55.6% of claim**\n\nHope your codes will work and you can close this chapter too.\n\nhttps://preview.redd.it/wbtgnuo529hc1.jpg?width=908&format=pjpg&auto=webp&s=fa126335936fcb1c6fc77fbfe587a9e70c898e90\n\n&#x200B;', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/', '1alhhbj', [['u/heinrichpelser', 29, '2024-02-08 01:16', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/kpevbpj/', 'This is an accurate and valuable post. Thanks, man.', '1alhhbj'], ['u/BodybuilderSalt9807', 11, '2024-02-08 01:29', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/kpexcrj/', 'Still no email for us non US investors', '1alhhbj'], ['u/TrueCryptoInvestor', 17, '2024-02-08 01:55', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/kpf1de9/', 'Have you been sleeping under a rock? Everyone knew this from day one that our claim was going to be based on the Bitcoin price at bankrupcy day.', '1alhhbj'], ['u/rtopete', 10, '2024-02-08 02:34', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/kpf7j8b/', 'a lot of these people are clueless and they dont read.', '1alhhbj'], ['u/chief_erl', 14, '2024-02-08 14:04', 'https://www.reddit.com/r/CelsiusNetwork/comments/1alhhbj/its_finally_over_us_earn_over_5k_recovery_55/kph8eso/', 'US investor here, still no email for me either.', '1alhhbj']]], ['u/GradeStill', 'I finally get it...', 145, '2024-02-08 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/', "So I got into Bitcoin back in 2019 and have bought my fair share of it over the years. Unfortunately I also lost a lot of it due to trading for altcoins, trading and just being dumb. But starting early last year, I really started to study bitcoin and tried to start to understand why the world truly needed it in my own opinion. Not what I saw other people say, but develop a base understanding of Bitcoin itself. Needless to say, I fell down the rabbit hole and have not looked back. I no longer hold 1 full coin but I'm getting close, I recently set up a full node that I am very proud of. And today I set up my first mining rig on a mining farm. My goal is to stack as many sats as possible and continue to learn about this new technology and I won't stop until I get there. A never ending, glorious journey.\n\nI guess what I really want to say is that, everyone should take the time out to understand Bitcoin if you are going to invest your time and effort into it. Whatever comes of your efforts, I pray that you find exactly what you are looking for. I know I did.\n\nKeep stacking friends.", 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/', '1alj4ya', [['u/llewsor', 55, '2024-02-08 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kpf6269/', 'a node and miner? bro be speed running becoming a bitcoin maxi.\xa0', '1alj4ya'], ['u/GradeStill', 12, '2024-02-08 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kpf723c/', '🤣', '1alj4ya'], ['u/Kazgarth_', 30, '2024-02-08 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kpfc7pl/', "Don't worry, never too late. You are now part of the \\~1% who have truly studied Bitcoin and found out what it means.", '1alj4ya'], ['u/MoarStu', 30, '2024-02-08 03:54', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kpfjtcj/', 'It’s amazing when BTC clicks, it’s like waking up after having a fever break', '1alj4ya'], ['u/Cryptocenturion-', 11, '2024-02-08 10:47', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kpgpnki/', 'First time it really clicked for me was when I needed to transfer money from my bank account to a friend’s. It was at the weekend and of course I had known about the three day wait on the weekend prior but it had never bothered me as much as until I started to use btc. I haven’t used my bank account since. I use btc for everything. It’s genius. I’m essentially my own bank, I can transfer money to anywhere in the world at ANY time, pretty much instantly. That’s why I love it.', '1alj4ya'], ['u/mutinomonem', 17, '2024-02-08 13:08', 'https://www.reddit.com/r/Bitcoin/comments/1alj4ya/i_finally_get_it/kph1vz5/', 'As long as you have been granted the permission to do so. As long as your political views are the "correct" ones. And as long as you don\'t mind the balance you hold being eroded by inflation while it\'s there. And don\'t mind that 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:** ['By Tom Westbrook\nSINGAPORE, Feb 9 (Reuters) - Japanese shares hit 34-year highs on Friday and strong earnings had the S&P 500 at record close, while oil prices were set for a sharp weekly rise on Israel\'s rejection of a ceasefire offer from Hamas.\nTrade was lightened in Asia by the closure of Chinese markets for the Lunar New Year break and by a shortened session in Hong Kong.\nThe Hang Seng, however, slumped 2% in the morning, with traders frustrated by a long and so far fruitless wait for Beijing to unleash stimulus or support for China\'s sliding markets.\nThe Nikkei rose 1%, aided by a retreating yen that traded near its weakest in two months at 149.37 per dollar in the Asia morning.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was flat and heading toward a 0.7% weekly rise to notch its longest weekly winning streak since June. The S&P 500 touched the 5,000 mark and notched a record close on Thursday.\nBrent crude futures jumped 3% on Thursday and are up more than 5.5% on the week on concerns that prolonged conflict in the Middle East is disrupting shipping and risks bringing the U.S. and Iran into a direct confrontation.\n"Netanyahu\'s outright dismissal of a potential cease fire plus a US drone strike on a high ranking Kataib Hezbollah official in Baghdad have added to those risks," said National Australia Bank\'s head of commodity strategy, Robert Rennie.\nA commander from Kataib Hezbollah, an Iran-backed armed group was killed in a U.S. strike on Wednesday, the U.S. military said. Israel\'s Prime Minister Benjamin Netanyahu said terms proposed by Hamas for a ceasefire were "delusional", and vowed to fight on.\nIn bond markets this week, U.S. yields have risen in the wake of a strong jobs report and a chorus of central bank comments pointing to reticence on rate cuts.\nTwo-year yields are up about eight basis points (bps) this week to 4.45%. Ten-year yields seem to have settled above 4% and were steady at 4.14% on Friday, up 11 bps this week.\nFed funds futures imply less than a 20% chance of a rate cut in March and bets on the timing of the Federal Reserve\'s first cut are now slowly drifting towards June from May.\nLater on Friday, revisions to U.S. inflation will be closely watched in case of shifts in either direction.\nCurrency markets have followed the bond market\'s lead with higher yields a support for the U.S. dollar. The dollar index is set to log a sixth week without loss in a row.\nThe euro was steady at $1.0777. The yen, down about 0.6% on the week, has been an underperformer after markets latched on to comments from Bank of Japan (BOJ) Deputy Governor Shinichi Uchida saying rapid rate hikes were unlikely.\n"The policy implications of the speech are dovish and further confirm the structural dovish and massive accommodation bias for the BOJ," said Brent Donnelly,\n"They are simply in no hurry."\nThe Nikkei, which tends to move in the opposite direction to the yen, broke above the 37,000 level for the first time since 1990, with SoftBank shares up 10% following a near 50% surge in shares of its majority-owned chip technology firm Arm .\nTwo-year swap rates in New Zealand and the kiwi dollar ticked higher after ANZ Bank surprised with a forecast for rate hikes in February and April following a run of hotter-than-expected economic indicators.\nBitcoin is set for its best week in two months, up 6.6% to $45,367.\n(Reporting by Tom Westbrook; Editing by Jamie Freed)', 'SINGAPORE,Feb. 9, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership withBitmap Tech, the team behindMerlin Chain, a native Bitcoin Layer 2.\nBitmap Tech currently boasts an overall market cap that exceedsUS$500 million. Its BRC-420 \'Blue Box\' collection has become one of the most sought-after Ordinals assets.\nMerlin Chain, Bitmap Tech\'s subsidiary product line, is a Bitcoin Layer 2 that integrates a ZK-Rollup network, a decentralized oracle network and on-chain BTC fraud proof modules. It aims to empower Bitcoin\'s native assets, protocols and products on Layer 1 through its Layer 2 network, striving to "make Bitcoin fun again".\nBitmap Tech andMerlin Chainhave established a significant community following worldwide through past project experiences. AsMerlin Chainplans to support various native BTC Layer 1 assets, including BRC-20, BRC-420, ARC-20, Bitmap and more, many communities associated with these inscription assets are eagerly watchingMerlin Chain\'sprogress. This attention contributes significantly toMerlin Chain\'sbuzz and influence.\nOKX Ventures\' investment will allow Bitmap Tech\'s team to further enrich the Bitcoin ecosystem and enhance overall liquidity.Merlin Chainhas already built a robust DApp ecosystem and is planning for further expansion.\nOKX Ventures FounderDora Yuesaid:"Bitmap Tech\'s dedication to bringing innovative ideas to Bitcoin complements our vision at OKX Ventures. We have high expectations for Bitmap Tech to integrate more original and comprehensive Bitcoin services. The team\'s unwavering dedication to prioritizing user-friendly experiences, fostering innovation and contributing to the overall dynamism ofMerlin Chain\'secosystem is commendable.\nWith the advent ofMerlin Chain, we at OKX Ventures couldn\'t be more thrilled about our investment in Bitmap Tech. This strategic investment allows us both to make a transformative impact on the Bitcoin landscape and significantly enhance the Bitcoin experience for users, bringing immense value and potential to the crypto community."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment ofUSD100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nSOURCE OKX Ventures', 'SINGAPORE,Feb. 8, 2024/CNW/ --OKX Ventures, the investment arm of leadingcryptoexchange and Web3 technology company OKX, is pleased to announce its investment partnership withBitmap Tech, the team behindMerlin Chain, a nativeBitcoinLayer 2.\nBitmap Tech currently boasts an overall market cap that exceedsUS$500 million. Its BRC-420 \'Blue Box\' collection has become one of the most sought-after Ordinals assets.\nMerlin Chain, Bitmap Tech\'s subsidiary product line, is aBitcoinLayer 2 that integrates a ZK-Rollup network, adecentralizedoracle network and on-chain BTCfraudproof modules. It aims to empowerBitcoin\'s native assets, protocols and products on Layer 1 through its Layer 2 network, striving to "makeBitcoinfun again".\nBitmap Tech andMerlin Chainhave established a significant community following worldwide through past project experiences. AsMerlin Chainplans to support various native BTC Layer 1 assets, including BRC-20, BRC-420, ARC-20, Bitmap and more, many communities associated with these inscription assets are eagerly watchingMerlin Chain\'sprogress. This attention contributes significantly toMerlin Chain\'sbuzz and influence.\nOKX Ventures\' investment will allow Bitmap Tech\'s team to further enrich theBitcoinecosystem and enhance overall liquidity.Merlin Chainhas already built a robustDAppecosystem and is planning for further expansion.\nOKX Ventures FounderDora Yuesaid:"Bitmap Tech\'s dedication to bringing innovative ideas toBitcoincomplements our vision at OKX Ventures. We have high expectations for Bitmap Tech to integrate more original and comprehensiveBitcoinservices. The team\'s unwavering dedication to prioritizing user-friendly experiences, fostering innovation and contributing to the overall dynamism ofMerlin Chain\'secosystem is commendable.\nWith the advent ofMerlin Chain, we at OKX Ventures couldn\'t be more thrilled about our investment in Bitmap Tech. This strategic investment allows us both to make a transformative impact on theBitcoinlandscape and significantly enhance theBitcoinexperience for users, bringing immense value and potential to thecryptocommunity."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of global leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-announces-strategic-investment-in-bitmap-tech-to-drive-growth-in-the-bitcoin-ecosystem-302058237.html\nSOURCE OKX Ventures\nView original content to download multimedia:http://www.newswire.ca/en/releases/archive/February2024/08/c5058.html', 'SINGAPORE,Feb. 9, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership withBitmap Tech, the team behindMerlin Chain, a native Bitcoin Layer 2.\nBitmap Tech currently boasts an overall market cap that exceedsUS$500 million. Its BRC-420 \'Blue Box **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $922,687,793,138 - Hash Rate: 623036679.7902641 - Transaction Count: 334084.0 - Unique Addresses: 615935.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investing.com -- U.S. stocks posted small gains Wednesday, as investors cautiously awaited the release of key inflation data as well as big bank earnings later in the week. By 09:40 ET (14:40 GMT), the Dow Jones Industrial Average was up 85 points, or 0.2%, S&P 500 traded l10 points higher, or 0.2%, and NASDAQ Composite climbed 40 points, or 0.3%. CPI generates “wait-and-see mode” Markets largely remain in a “wait-and-see mode” as investors prepare for Thursday’s key consumer inflation report for December, which is likely to dictate sentiment ahead of the next Federal Reserve meeting at the end of the month. While the Fed has laid out a dovish projection for the path of borrowing costs in 2024, several policymakers have moved recently to temper optimism that a reduction could come early this year. The crucial core figure is rising by 0.2% month-on-month, dragging the annual pace down to 3.8%, a level not seen since mid-2021. However, if inflation proves to be more sticky, equities could be hit hard. Boeing rebounds after hefty losses In the corporate sector, Boeing (NYSE:BA) stock rose 1.5%, attempting a rebound after losses of around 9% over the past two sessions, despite Chief Executive Dave Calhoun admitting that a dangerous mid-air blow-out of a door panel on one of its 737 Max aircraft last week was "our mistake." Scrutiny has intensified once again around Boeing and its popular 737 Max, the family of single-aisle planes that were at the center of a safety crisis following deadly crashes in Indonesia and Ethiopia in 2018 and 2019. Elsewhere, Tesla (NASDAQ:TSLA) stock fell 0.8% after the EV manufacturer released an updated version of its Model 3 sedan in North America after it was previously launched in China and Europe. Cryptocurrency exchange Coinbase Global (NASDAQ:COIN) stock retreated 2.4% after the wild swings of price of Bitcoin, the most widely used digital currency, upon a false post on the popular social media platform X appeared to show that the U.S. Securities and Exchange Commission had for the first-time approved Bitcoin exchange traded funds. The latest quarterly earnings season starts in earnest on Friday, with results from big banks Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC) due. Official U.S. inventories due Oil prices rose Wednesday, extending the recent rebound as Middle East supply disruptions persisted while industry data pointed to mixed U.S. inventories. By 09:40 ET, the U.S. crude futures traded 1.1% higher at $73.05 a barrel, while the Brent contract climbed 0.9% to $78.31 a barrel. Story continues Data from the American Petroleum Institute, released late Tuesday, showed that U.S. crude stockpiles fell by a larger-than-expected 5.2 million barrels in the week to January 5. But the API data also showed another week of strong builds in gasoline and distillates inventories, raising doubts over demand from the world’s largest fuel consumer. These numbers could have been exacerbated by a massive winter storm battering several parts of the country, further limiting road travel. The official crude inventory numbers from the Energy Information Administration are due later in the session. Additionally, gold futures rose 0.1% to $2,034.95/oz, while EUR/USD traded 0.1% higher at 1.0936. (Oliver Gray contributed to this article.) Related Articles US stocks edge higher; investors await CPI data, big bank earnings Turkish competition board to fine Meta $160,000 per day for non-compliance Israel securities regulator to woo US investors as looks beyond Gaza war View comments... - Reddit Posts (Sample): [['u/punaniqueen', 'Doorway Dress in Olive Green & Eyecatcher Dress in Matte Pearl - XXS', 270, '2024-02-09 00:56', 'https://www.reddit.com/r/Aritzia/comments/1ama6we/doorway_dress_in_olive_green_eyecatcher_dress_in/', 'The remainder of my recent order came in and I absolutely LOVE how these dresses fit. The Eyecatcher is prone to sliding down and is absolutely not made for bigger chests. It’s definitely a dress for the IBTC. Can’t wait to wear them somewhere, eventually. 🤣\n\n5’5, ~98-102 lbs, 31.5-22.5-32 - Size XXS', 'https://i.redd.it/ktvyojmk9ghc1.jpeg', '1ama6we', [['u/asiangirlnexxxtdoor', 94, '2024-02-09 01:12', 'https://www.reddit.com/r/Aritzia/comments/1ama6we/doorway_dress_in_olive_green_eyecatcher_dress_in/kpkavkj/', 'Okay, you just look absolutely amazing in every Aritzia dress. 🔥 (I mean this in the least creepy way possible!)', '1ama6we'], ['u/randomshiz10', 31, '2024-02-09 01:13', 'https://www.reddit.com/r/Aritzia/comments/1ama6we/doorway_dress_in_olive_green_eyecatcher_dress_in/kpkb032/', "I love the doorway dress on you! It's so classy looking. I would totally get it if I had any place to actually wear it lol", '1ama6we'], ['u/punaniqueen', 14, '2024-02-09 01:15', 'https://www.reddit.com/r/Aritzia/comments/1ama6we/doorway_dress_in_olive_green_eyecatcher_dress_in/kpkbffi/', 'You are so sweet, thank you! 🫶 There’s nothing creepy about a compliment. If that was the case I’d be going to jail. 🤣', '1ama6we'], ['u/mmgreen83123', 10, '2024-02-09 01:56', 'https://www.reddit.com/r/Aritzia/comments/1ama6we/doorway_dress_in_olive_green_eyecatcher_dress_in/kpkhdhg/', 'Love the eyecatcher dress! I have it in matt pearl too! Just curious, does yours have more of a greyish tint in person or is it more cream for you? All my other matt pearl pieces have this beautiful beige tint but for some reason I’m having a hard time seeing that with the matt pearl eye catcher dress.', '1ama6we']]], ['u/Friendly-Airline2426', 'The crypto market is stuck in a vicious circle', 24, '2024-02-09 01:03', 'https://www.reddit.com/r/ethtrader/comments/1amacqu/the_crypto_market_is_stuck_in_a_vicious_circle/', "Just think with me for a second. Bullish sentiment everywhere you turn, whether it's in the media, internet forums, or even Reddit itself. Everyone seems to be hyped, anticipating that something big will trigger gigantic God candles. But time and time again, just as we're on the brink of what seems to be a bull run, disaster strikes.\n\nIt's like clockwork. Every time we're setting up for that breakthrough moment, bada bing bada boom. It's either the SEC dropping a bombshell, or governments ruining it for everybody, or China banning crypto. I'll be damned, even the collapse of big firms and exchanges.\n\nIt's hard not to feel a sense of deja vu, as there are a lot of signs that a bull run might be coming.\n\nA few years ago, every bank hated crypto, now most of them want to provide crypto related services. All institutional investors are accumulating, and they have been doing it for a while now. This means they know what's up, they're in it for the money and they see a golden mine in crypto.\n\nWhen it comes to Eth, there's the recent announcement from Prometheum, choosing Ethereum as its inaugural crypto for trades. In case you don't know, Prometheum is the only U.S. registered crypto securities platform. Additionally, there's the anticipation of the (potential) approval of an Eth ETF, and the deadline is in May.\n\nThis year the Bitcoin halving will take place. There's also the prospect of FED rate cuts later in 2024. Everything's adding fuel to the bullish fire. Seems like we're really getting close now. Only an extremely disastrous event can stop this, not trying to jinx it though.\n\nHope for the best but prepare for the worst, I guess.", 'https://www.reddit.com/r/ethtrader/comments/1amacqu/the_crypto_market_is_stuck_in_a_vicious_circle/', '1amacqu', [['u/MrPuma86', 11, '2024-02-09 01:19', 'https://www.reddit.com/r/ethtrader/comments/1amacqu/the_crypto_market_is_stuck_in_a_vicious_circle/kpkbxc5/', 'I am all DCAd out. Now will sell 10% next ATHs. If it doesn’t happen i’ll wait patiently. My staked ETH is keeping me happy lol.\n\n!tip 6.9', '1amacqu'], ['u/Mrwiowijo', 10, '2024-02-09 01:38', 'https://www.reddit.com/r/ethtrader/comments/1amacqu/the_crypto_market_is_stuck_in_a_vicious_circle/kpkeott/', 'If it possible, take the profit or someone else will do it of themself! !tip 1', '1amacqu']]], ['u/Crlomancer', "I guess it's over", 55, '2024-02-09 01:38', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/', "Seeing a lot of happy people on here, as well as a few who took worse haircuts than expected. I was 30% BTC and 70% USDC. Just got my ETH and BTC and the total came to 51%, though I know valuations shift. I thought since most of my funds were in USDC that it wouldn't be that bad...\n\nI guess I should just be glad that it's over, but I can't help but be more than a little frustrated at the yachts bought from our investments.", 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/', '1amb324', [['u/racato2000', 11, '2024-02-09 01:50', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/kpkggho/', 'This is how I feel. Glad I saw something. Let’s see what the mining community does.', '1amb324'], ['u/skiingmanatee', 10, '2024-02-09 02:15', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/kpkk9s8/', "It's not over for me. Both of my claim codes didn't work.", '1amb324'], ['u/AyLou21', 54, '2024-02-09 02:25', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/kpklopj/', 'Still waiting for my codes…', '1amb324'], ['u/goodStuffFromNJ', 20, '2024-02-09 03:21', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/kpktqoq/', 'Me too', '1amb324'], ['u/craylewis', 14, '2024-02-09 07:05', 'https://www.reddit.com/r/CelsiusNetwork/comments/1amb324/i_guess_its_over/kplmwvq/', 'just glad we all unbanked ourselves, friends', '1amb324']]], ['u/heyjayoh', 'New apps this week', 21, '2024-02-09 01:40', 'https://www.reddit.com/r/TIDBYT/comments/1amb4lz/new_apps_this_week/', "FYI new apps dropped this week:\n\n* BTC difficulty adjustment - Displays the difficulty adjustment progress of Bitcoin and gives an estimation when the next adjustment will take place.\n* Top 10 books from B&N top - Fetch the top 10 books from the Barnes & Noble top 100 page. Randomly chooses which book to display each round. Refreshes the actual books once per hour.\n* RT data VIE Publ. Trans. - Show real time departures for desired Public Transport stops in Vienna.\n* Theme Park Wait Times - Displays theme park ride wait times at various theme parks.\n* Wikipedia's featured image - Displays Wikipedia's featured image of the day.\n* Display top 10 songs - Displays top 10 songs from Billboard.\n* Virtual Pets - Users can select and name one of 10 pets to follow. The environment changes with the user's current season and time of day.\n* Valyrian Glyphs - Displays a random glyph and translations from the High Valyrian language developed by David J. Peterson", 'https://www.reddit.com/r/TIDBYT/comments/1amb4lz/new_apps_this_week/', '1amb4lz', [['u/Billy_Likes_Music', 10, '2024-02-09 04:40', 'https://www.reddit.com/r/TIDBYT/comments/1amb4lz/new_apps_this_week/kpl58m5/', 'Why the bleep don\'t these apps show up under "What\'s New" ?!? I can\'t even find some of these apps by category!\n\nThank you for posting!!!', '1amb4lz']]], ['u/TemetNosce', 'Scammers almost got my daughter for $16,000. Bank teller stopped her.', 2453, '2024-02-09 01:56', 'https://www.reddit.com/r/Scams/comments/1ambgpb/scammers_almost_got_my_daughter_for_16000_bank/', 'Just got the story from my daughter. Scammer says I am deputy so and so, from local pd. You work at (daughters place of work) and you missed 2 appointments yesterday to come see us. (Was it jury duty, I don\'t think so, it was something, ICR) We now have 2 misdemeanor warrants out for your arrest. We can clear you for $24,000, don\'t bother going to local police station because we will arrest you on the spot, we will handle all of this over the phone. Daughter says I don\'t have $24K, talked them down to $16K, lol.\n\nSomehow, I don\'t know how, she finishes the call. Why they let her off the phone IDK why. She gets on computer and sure enough Deputy "Dog" does work for local pd. Daughter calls the actual local pd and asks "does deputy dog work there?" Lady cop on phone says yes he does. Now why the lady cop didn\'t inquire as to why daughter was asking such a question, we\'ll never know. Odd. Daughter hangs up phone.\n\nDeputy dog2 calls daughter up. Tells daughter go to bank and withdraw the $16K, says don\'t hang up from here on out and DON\'T tell bank why you are withdrawing $16K. (Daughter is in middle of nasty divorce, and is already upset about $, now she is REALLY upset.)\n\nGets to bank, leaves phone in car, scammer is on the line. She goes in to the bank goes to the 1st teller and burst into tears. Saying "this doesn\'t make any sense, $16K for 2 misdemeanors, middle of divorce, I\'m just so upset." Teller informs her it\'s a scam, daughter cries more, from relief. Teller (a man) walks daughter to her car, and says into the phone "hello???" Scammer says "suck my dick" and hangs up.\n\nDaughter is in her 30\'s, Masters degree, shes a social worker project manager. SO in conclusion, it doesn\'t always happen to old people. She went to police station to fill out a report. Said the police were really not interested in her filling out a report, so she didn\'t. Daughter asks "maybe y\'all could make a facebook post/something/ANYTHING???" Police said no, we\'re good, stay safe.\n\nI guessed it would somehow come back to gift cards, she said no, the police said that large amount would have something to do with a bitcoin ATM.\n\nThis was all purely emotional. Played on her emotions. Classic. Make... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.